Category: TRENDS IN CRYPTOS

GOING LONG ON BLOCKCHAIN TECHNOLOGY. If there’s one thing that Blockchain Battles has been trying to convey, it’s that finding sensible ways to participate in the blockchain revolution is a smart move. Decentralized crypto projects like Bitcoin and Ethereum are proving positive and transformative, not only as financial investments, but also as ways of taking...

A few weeks ago there was news that Amazon, the web’s largest retailer, had posted a position for a cryptocurrency specialist to head up possible integration and acceptance of crypto payments. Now Bloomberg is reporting that Walmart is seeking to recruit a cryptocurrency expert to help create a blockchain strategy. The company joins a growing...

A New Finder’s study has identified emerging economies including Vietnam, Indonesia and India as leading the way in crypto adoption.  The survey, which polled 42 thousand people in 27 countries, looked at metrics like using digital assets for remittances, and overall financial inclusion of crypto currencies. A Cointelegraph story noted that Vietnam has the greatest...

In early September, the Cardano network is projected to complete a hard fork upgrade termed “Alonzo Purple”, that will bring smart contract DeFi capabilities and non-fungible tokens (NFTs). Cardano tokens have been surging off the news, from $1.25 to $2.17 at one point over the weekend. The upgrade could also allow the utilization of ERC20...

Advanced investors comfortable with doing more than buying and holding cryptos, can use trading platforms with features similar to traditional stock trading platforms. One popular crypto platform that uses bots, AI algorithms and other features to execute trades according to highly configurable trading strategies, is Cryptohopper. After signup, users can select a free version, or...

JPMorgan Private Bank is offering clients a managed Bitcoin investment fund in partnership with NYDIG, an online platform offering secure transactions and custody, online crypto data firm Coindesk reported. The bank is pitching its fund as a safe, cheap way to bet on Bitcoin, Coindesk said. JPMorgan Chase took on Coindesk and crypto exchange Gemini...

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), again promised a regulatory offensive against fraud, market manipulation, and other misconduct in cryptocurrency markets in 3 August comments to the Aspen Security Forum. (See “Cryptocurrency: Special Report,” Trends Journal, 25 May, 2021.) Stablecoins and decentralized finance are two priority areas, he said, because...

DECENTRALIZED EXCHANGES SAW VOLUME DROP IN JULY. Overall crypto action in August so far might well spell a different story, but July action on DEXs (decentralized crypto exchanges) was muted. According to The Block, During the month of July, decentralized exchanges witnessed $56.47 billion in volume, a monthly decrease. Uniswap accounted for 65 percent of...

One area of blockchain innovation that traditional investors may find harder to grasp is the world of NFTs, or Non-Fungible Tokens. What purposes and uses do they have? Fungible tokens such as Ethereum and Bitcoin are the rewards for participants in those blockchain networks. People who fire up their computers and run software to provide...

[Press Time Update: In this fast changing story, TJ can report that the U.S. Senate turned down a crypto-tax amendment to a $1 trillion infrastructure package. The proposed amendment had been offered at the last minute by legislators arguing over which crypto brokers should be subject to new tax reporting requirements. Late Monday, the compromise...