Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes […]

These 4 Famous Companies entered the Crypto World in 2021…Who will we See in 2022?

2021 was an extremely successful year for cryptocurrencies. The adaptation of blockchain into everyday life continued to advance. Globally known companies have also dared to venture into the world of cryptocurrencies. From stepping into the exciting world of the Metaverse, to simply investing in an alternative currency, those companies knew how to invest “smart”. Let’s take a look at 4 big traditional companies that have enriched the crypto market over the past year and embraced blockchain tech. Will they also become known as the OG crypto companies?

Crypto Companies 2022

#1 Tesla

Early in 2021, Elon Musk, the founder of Tesla, made a powerful statement on Twitter. He invested a whopping 1.5 billion US dollars in Bitcoin with Tesla. After this news, there was a massive increase in the Bitcoin price.

Before that, it had long been speculated that Musk was a big fan of cryptocurrencies and that his company could possibly invest in various coins. Musk later stated that he had also invested large sums in the ether and the Dogecoin.

—-> Click here to Buy Dogecoin <—-

#2 Nike

Nike has jumped on the hype bandwagon called Metaverse in the past few months. The metaverse in the crypto sector took off especially when Facebook re-branded “Meta”. Then acquired the sporting goods manufacturer the RTFKT fire that caused virtual sneakers within the metaverse stir.

Further activities within the Metaverse are planned for the future. In the future, new sneaker collections should always be exhibited in the virtual space.

#3 Adidas

The big competitor from Germany, Adidas, did not splash around and entered the world of the Metaverse and thus the world of cryptocurrencies as a company. Adidas entered into a collaboration with prominent NFT projects such as Bored Ape Yacht Club, Gmoney, and Punks Comic.

#4 Coca-Cola

Coca-Cola is also one of the companies that entered the cryptocurrency world in 2021. The company announced a special NFT program to raise money for the Paralympics. The auction took place via OpenSea from July 30th to August 1st of last year.

You can purchase your favorite cryptocurrencies on the  Binance ,  Coinbase ,  Kraken  and  Bitfinex exchanges.

If you don’t want to miss any news from the crypto world, then be sure to subscribe to our premium area!

Band protocol
Band protocol © Cryptoticker

The post These 4 Famous Companies entered the Crypto World in 2021…Who will we See in 2022? appeared first on CryptoTicker.

Pakistan to investigate crypto exchange Binance in an alleged $100 million scam

Pakistan’s Federal Investigation Agency has reportedly issued a formal notice to Binance after receiving multiple reports concerning a crypto scam that misled the investors into sending funds from their Binance wallets to unknown third-party wallets.  Pakistan to investigate crypto exchange Binance As per a local media report, the Pakistani agency identified approximately 11 fraudulent mobile […]

The post Pakistan to investigate crypto exchange Binance in an alleged $100 million scam appeared first on CryptoSlate.

Bitcoin & cryptocurrency news

WinzIo Revamps Platform and Launches Two No-Wagering Bonus Events For All Players

[PRESS RELEASE – Please Read Disclaimer] Winz.io is an online casino and the up-and-coming platform for entertainment features and engaging gambling experiences. Over the past few weeks, the platform underwent a significant revamp, enhancing its appeal to cryptocurrency enthusiasts worldwide. Winz.io takes the next step in bringing transparent gambling experiences to cryptocurrency faithful. The team […]

Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’

Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down.

Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Bollinger bands step in

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility as bears finally steered the market back into the $30,000 zone.

The move had been long preempted, with forecasts even calling for an identical floor to that of July — just below $30,000.

“And we’re dipping into the $40K region for Bitcoin, through which the fear will only accelerate even more,” Cointelegraph contributor Michaël van de Poppe reacted.

For trader and analyst Rekt Capital, the first point of support lay in the lower of the two Bollinger Bands for BTC/USD, with spot price now “very close.”

Fellow trader and analyst Scott Melker meanwhile highlighted the appearance of increasing bullish divergences due to those who have longed BTC at $39,800.

“People are considering selling off partially at this stage, as they expect markets to drop further,” Van de Poppe added in further comments.

“Next to that, most of the people are assuming we’re only going down, as a bear thesis is currently the primary scenario.”

At the time of writing, Bitcoin was back above $40,000 as the market attempted to find local support.

Ethereum loses $3,000 mark as liquidations mount

Looking at exchanges, data from on-chain analytics resource Coinglass showed liquidations hitting $120 million in a single hour across crypto pairs.

Related: Bitcoin batters longs as liquidations copy May 2021 run to $30,000

Bitcoin accounted for around one third of the tally, with total BTC liquidations in the past 24 hours nearing $90 million.

Bitcoin exchange liquidations chart. Source: Coinglass

Altcoins meanwhile joined in the modest panic, with Ether (ETH) dropping below $3,000 for the first time since early October.

ETH/USD 1-day candle chart (Bitstamp). Source: TradingView

Others in the top ten cryptocurrencies by market cap shed upwards of 5% on the day, as the bearish atmosphere spread.

The post Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’ appeared first on CoinRegWatch.

Bitcoin & cryptocurrency news

Huobi Primelist to List LOVE, Backing DEESSE’s Vision for ‘Enjoy to Earn’ Gameplay

[PRESS RELEASE – Please Read Disclaimer] LONDON, Jan. 10, 2021 — Huobi Global, one of the world’s leading digital asset exchanges, today announced its tenth Primelist event, offering its users exclusive access to the GameFi project Deesse and its token LOVE upon listing on Huobi Global. Deesse is a blockchain-enabled, idle Role-Playing Game (RPG) or […]