🖐️ 5 Key Trends To Watch

 
January 7, 2021
 
 

For today’s Cryptonews Crunch, Grayscale CEO says to watch for these 5 key trends in 2022. In other news, Cosmos has an atomic week as it tests all time high. Also, the Russian Parliament says it’s time to ‘resolve all crypto issues.’

 
 
Markets – Change 24hr
 
 

Bitcoin -3.82%     Ethereum -8.13%     BNB -6.48%     HEX 1.48%

Solana -9.90%     Cardano -2.81%     Ripple -1.64%    LUNA -11.09%

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Crypto: The Big Picture
 

Crypto and Web3 are seeing increased attention and acceptance by the media, regulators, legacy financial institutions, and world leaders. Therefore, crypto is continually increasing its footprint and becoming “further woven into the global economy,” according to Sonnenshein.

As for his look into the future of crypto, the Grayscale CEO says he is focused on “the big picture,” listing five key trends to watch in 2022 and beyond. . .

 

 

 

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Quasar In A Sea Of Red
 

The price of the Cosmos blockchain’s native token ATOM rose sharply in the crypto market today, despite selling pressure from the rest of the market. The gains today follow an extended period of higher prices for the token, leading to a (for now) failed test of its September all-time high.

As of 16:43 UTC, ATOM traded at USD 43.25, up by 12% over the past 24 hours. Looking at the longer time-frames, the token is up by 43% over the past 7 days and 52% over the past 14 days.

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No Better Time Than Now
 

Russia’s parliament, the State Duma, has said that it wants to “resolve all legal issues with cryptocurrency” – by defining legal terms for cryptoassets, mining, and more. And the chief architect of crypto-related legislation in the country has noted that it is time for miners to start paying taxes on their earnings.

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Daily Briefs
Solana’s Serum Raises USD 100M, Coinsuper vs. Crypto Traders, Euro Inflation Surprise + More News
 

 

  • The Incentive Ecosystem Foundation, a community-led foundation that supports development on the Serum (SRM) network.
  • Customers of Hong Kong-based crypto exchange Coinsuper say they can’t withdraw money or tokens from the bourse, and at least seven have reported the matter to the police.
  • Gaming retailer GameStop Corporation (GME) hired more than 20 people to operate its freshly minted non-fungible token (NFT) unit.
  • Bitcoin (BTC) mining difficultly, or the measure of how hard it is to compete for mining rewards, is expected to make another step towards breaking its previous record.
  • Global nonprofit The Mozilla Foundation put cryptocurrency donations on hold following a community backlash sparked by trenchant criticism from co-founder Jamie Zawinski.
  • Bitcoin and Ethereum Struggle to Recover, Multiple Small Cap Altcoins in Green

 

 
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