Hello! My friends and I are looking to pool our ETH/crypto to start investing in larger opportunities rather than the small ones that we can afford. Is there any convenient way to set up a shared wallet to do so? I believe https://gnosis-safe.io/ checks all the boxes for me and it looks like it's a…
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Hey folks, We are building uniqord.com, a next-gen voice changer to enable you to remain anon while holding voice conversations. The conversion occurs in real-time to real-sounding voices, not ones that get you muted/irritate the person you're talking to. Would love to get feedback from this community on what you think! submitted by …
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Data shows traders still feel confident about BTC price because the futures premium and other fundamentals show no signs of stress.
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So basically last October I moved some ethereum from my newton wallet to meta-mask, than just today I decided to swap it back using the address from the previous transaction, howver after doing so I haven't gotten anything from newton and I think I might have messed something up. https://www.blockchain.com/eth/tx/0x4d3267b6a2255fdb0e060192015581d56f3abbfb7e067d643ccec9c472f475b2 This is the initial…
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Bitcoin has dominated the digital payments space for the longest time and continues to do so. However, this dominance is on the decline as more altcoins are being chosen as the preferred digital currencies for payments. This has mainly been due to cheaper fees resulting from network congestion when the price gets too high. Instead, cryptocurrencies whose fees can range from a few cents to fractions of a cent are now favored by merchants. Altcoins Are Taking Market Share From Bitcoin Crypto payments processor BitPay recently released a report outlining the percentages each crypto commanded in the crypto payments space. As expected, Bitcoin dominated the list but what was important to note from the report was how much the pioneer cryptocurrency’s dominance over this space dropped in the space of a year. Between 2020 and 2021, bitcoin lost about 27% dominance. Related Reading | Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022 Back in 2020, the company had reported that bitcoin made up for 92% of all digital payments being carried out on the platform. In 2021, this number was at 65% and is expected to continue to drop as merchants move to altcoins for payments. Bitcoin market dominance down below 40% | Source: Market Cap BTC Dominance on TradingView.com The use of Ethereum as a payment method was up, accounting for 15% of the total transactions carried out on the platform. Stablecoins made a big splash with 13% of all transactions. Meme coins, which grew to popularity within this time and were added by the payments processor amid rising demand, made up a small but impressive percentage of all transactions. Dogecoin and rival Shiba Inu, alongside Litecoin, accounted for 3% of digital payments processed by BitPay for the year. Stablecoins On The Rise One of the factors that affect how much users are paying with cryptocurrencies has been the fluctuations in price. For Cryptocurrencies like bitcoin, when the price of the digital asset moves up, the frequency in which it is being used as a method of payment increases drastically. And vice versa during the bear markets. But with stablecoins, whose values more or less remain the same through bull and bear markets, merchants are able to eliminate this problem. BitPay noted that the use of stablecoins as a method of payment when using digital currencies has gone up tremendously. Related Reading | What’s In Store For MicroStrategy Going Forward? CEO Michael Saylor Reveals However, the tide seems to be changing when it comes to the correlation between bull/bear markets and how much users are spending their cryptocurrencies. CEO and founder of BitPay, Stephen Pair, stated that the recent pullback in crypto prices has not affected payments as much as it did in previous markets. “We have not experienced as much of a decline in volume with this recent pullback,” Paid said. “It’s probably just a reflection of more and more companies that need to use this as a tool to conduct payments” The company which processes around 66,000 transactions a month is one of the largest crypto payments processors on the globe. It processes crypto transactions for prominent companies such as AMC Theaters and the Dallas Mavericks. Featured image from Ethereum World News, chart from TradingView.com
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A U.S. consumer survey shows that 25% of respondents who currently do not own cryptocurrency plan to start investing in crypto. “2021 was a good year for crypto. Of the respondents that own crypto, more than half reported that they had just started investing in the space within the last year.” ‘2021 Was a Good […]
Yes, there is a small number of channels with actual good opinions on crypto but these are a rarity and most probably don’t have a video for every single project you’d like to research about. 99% of crypto YouTubers are either paid to promote or try to pump their bags with no regards whatsoever…
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