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Three smart contract platforms that could see deeper adoption in 2022

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Posted on December 17, 2021

Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible

DeFi Altcoin on Ethereum Rallies 50% in Just Two Days, Outpacing Sideways Crypto Markets

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Posted on December 17, 2021

One altcoin that helps holders earn yields is seeing its own value soar even as the broader crypto markets try to shake off a recent slump. Decentralized finance (DeFi) protocol Yearn.Finance (YFI) offers lending and trading services so users can optimize their crypto asset earnings. The YFI token’s price jumped by 50% virtually overnight after

YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback

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Posted on December 17, 2021

Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day bull run. Source: TradingView The gains surfaced primarily as Yearn Finance revealed that it has been buying back

YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K

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Posted on December 17, 2021

Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional downside is in store. Amid the wider market downturn, several altcoins provided weary traders with

Top Ethereum Competitor Skyrockets As Crypto Payments Firm Circle Announces Support

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Posted on December 17, 2021

The price of an Ethereum (ETH) challenger is surging after global internet finance firm Circle announces native support for USD Coin (USDC) on the smart contracts platform. In a new blog post, Avalanche (AVAX) announced their USDC integration to enable more seamless transactions and payment options for developers and users of decentralized finance protocols, enterprise

3 reasons why Solana (SOL) price could see additional upside in 2022

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Posted on December 17, 2021

Solana (SOL) has become a top contender in the smart contract industry and in the past year the network’s total value locked (TVL) grew by $660 million and stretches across more than 40 decentralized applications to hit an all-time high above $11 billion. Even with this growth, investors have reason to question whether the current

Coinbase Rolls Out Metaverse Roadmap, Working To Develop ‘Identity On-Ramp’

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Posted on December 17, 2021

Top US crypto exchange Coinbase is laying out its future roadmap for developing metaverse-related projects. The exchange aims to develop an “identity on-ramp” into the metaverse, according to a new blog post from Coinbase chief executive Brian Armstrong and Alex Reeve, the company’s identity product lead. Armstrong and Reeve say the on-ramp’s development is driving

Economist Alex Kruger Predicts a Santa Crypto Rally, Details New Bitcoin and Ethereum Targets

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Posted on December 17, 2021

Trader and economist Alex Kruger is predicting a rally for the two biggest cryptocurrencies by market cap during the holiday season. Kruger tells his 104,800 Twitter followers that a rally driven by unleveraged traders could run till the end of the year. According to the crypto trader and economist, Bitcoin (BTC) could surge above $55,000

Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL

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Posted on December 17, 2021

Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain. It is reported that the NFT will trade with the native token SOL of the Solana blockchain from December 16 to December 31 at a price of 1 SOL. According to Coinmarketcap, currently SOL token

Ethereum Whales Are Accumulating New Gaming Altcoin in Huge Amounts – And It’s Not Axie Infinity, Decentraland or the Sandbox

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Posted on December 17, 2021

While the metaverse going mainstream has seen several altcoins explode in value and recognition, crypto whales are gobbling up a lesser-known gaming project. According to crypto tracker WhaleStats, Gala Games (GALA) accounts for nearly 1% of total holdings – a whopping $519.5 million – among the top 1,000 Ethereum (ETH) whale wallets. By comparison, popular

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