WP: Cryptocurrency is suddenly everywhere – except in the cash register

    While interest in crypto has exploded, few people are using it for its intended purpose: to pay for things – writes Tory Newmyer on The Washington Post. Billionaire tech executive Michael Saylor has called Bitcoin “the seminal invention of the human race.” His website describes it as “a bank in cyberspace” offering a “simple, &…

    Kevin O’Leary believes NFTs in 2022 will become bigger than Bitcoin
    15 Jan 2022

    “Shark Tank” star and celebrity investor Kevin O’Leary predicted non-fungible tokens (NFTs) will be bigger than Bitcoin. He appreciates NFTs can prove ownership of real-world items, such as designer watches or flashy cars. Though, comparing Bitcoin and NFT, O’Leary said he’s “investing on both sides of that equation.” At Yahoo Finance Live the chairman of…

    Gamers are profiting off ‘play-to-earn’ blockchain games
    15 Jan 2022

    With the region’s youthful population, blockchain-based play-to-earn games are becoming one of the fastest-growing innovative sectors in the Middle East. They provide new models to help monetize time spent in games with crypto tokens, NFTs, and staking. Industry players believe that the $181 billion gaming revenue to be made this year will increase substantially soon…

    Crypto is inevitable in Iraq
    13 Jan 2022

    Crypto is inevitable in Iraq Despite roadblocks, crypto is becoming increasingly popular in Iraq and the Kurdistan region, claimes Abdurrahman Bapir on CoinDesk. Cryptocurrency was born out of a financial crisis. It was a proposed solution to the problems caused by, and inherent in, the worldwide banking system as well as centralized authorities. Satoshi Nakamoto’s…

    JPMorgan: Ethereum rivals mounting severe challenge to its DeFi dominance
    09 Jan 2022

    Analysts at JPMorgan led by Nikolaos Panigirtzoglou have suggested that Ethereum, the second-largest cryptocurrency by market cap, could see its dominance in the decentralized finance (DeFi) space fade to rivals.   According to Bloomberg, the analysts revealed that until the final phase of sharding, which they described as the “most critical” development for scaling Ethereum,…

    Goldman Sachs predicts Bitcoin could reach $100,000 and rival gold as store of value
    09 Jan 2022

    Bitcoin will take market share away from gold in 2022 as digital assets become more widely adopted, Zach Pandl, the co-head of global foreign exchange, rates, and emerging market strategy for Goldman Sachs, said in a research note to clients. “We think that Bitcoin’s market share will most likely rise over time as a byproduct…