Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban.
A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company is publicly defending crypto mining, saying it has the potential to balance the load on power grids.
According to the joint statement, crypto miners have taken a keen interest in the Nordic region because of the access to renewable energy in the region. It added that this is not in Sweden’s interest, because the country “needs the renewable energy targeted by crypto-asset producers for the climate transition,” as well as for its ability to meet the Paris Climate Accords goals.
“Energy-intensive mining of crypto-assets should therefore be prohibited,” the statement went on to say, while also describing the “social benefit” of digital assets as “questionable.”
In conclusion, the statement called on the EU to ban proof-of-work mining throughout the region as a “first step,” saying:
“A ban on the proof-of-work mining method within the EU could be an important first step in a global move towards a greater use of more energy-efficient crypto mining methods. It would also mean that our renewable energy is used as efficiently as possible in order to support the transition towards climate neutrality.”
The joint statement from the two government bodies has also received widespread attention in the Swedish media, with Swedish broadcaster SVT hosting a discussion on the topic, and op-eds taking a stand for and against the proposal being published in several local newspapers.
A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company is publicly defending crypto mining, saying it has the potential to balance the load on power grids.
According to the joint statement, crypto miners have taken a keen interest in the Nordic region because of the access to renewable energy in the region. It added that this is not in Sweden’s interest, because the country “needs the renewable energy targeted by crypto-asset producers for the climate transition,” as well as for its ability to meet the Paris Climate Accords goals.
“Energy-intensive mining of crypto-assets should therefore be prohibited,” the statement went on to say, while also describing the “social benefit” of digital assets as “questionable.”
In conclusion, the statement called on the EU to ban proof-of-work mining throughout the region as a “first step,” saying:
“A ban on the proof-of-work mining method within the EU could be an important first step in a global move towards a greater use of more energy-efficient crypto mining methods. It would also mean that our renewable energy is used as efficiently as possible in order to support the transition towards climate neutrality.”
The joint statement from the two government bodies has also received widespread attention in the Swedish media, with Swedish broadcaster SVT hosting a discussion on the topic, and op-eds taking a stand for and against the proposal being published in several local newspapers.
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1st stage of the Reservation was sold out in 2 seconds! ⏳
• 498 Random Eggs sold for 0.2 ETH each
• 1 Epic Egg sold for 7 ETH
• 1 Legendary Egg sold for 35 ETH
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What an amazing time for Rubic to integrate the Moonriver network!
After their wildly successful integration of the Avalanche blockchain, Rubic’s team immediately started working on integrating the Moonriver network. Yesterday, they presented their complete integration of Moonriver into rubic.exchange. There are now 5 blockchains supported by Rubic’s Multi-Chain Swaps: BSC, Ethereum, Polygon, Avalanche and Moonriver.
On that very same day, Binance even listed Moonriver and opened trading for MOVR/BTC, MOVR/BNB, MOVR/BUSD, and MOVR/USDT trading pairs.
To trade these and other trading pairs, visit Rubic.
And don’t miss the updates:
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
After their wildly successful integration of the Avalanche blockchain, Rubic’s team immediately started working on integrating the Moonriver network. Yesterday, they presented their complete integration of Moonriver into rubic.exchange. There are now 5 blockchains supported by Rubic’s Multi-Chain Swaps: BSC, Ethereum, Polygon, Avalanche and Moonriver.
On that very same day, Binance even listed Moonriver and opened trading for MOVR/BTC, MOVR/BNB, MOVR/BUSD, and MOVR/USDT trading pairs.
To trade these and other trading pairs, visit Rubic.
And don’t miss the updates:
Telegram Announcement Channel: Rubic Announcements
Telegram Chat: Rubic
Klima DAO accumulates $100M of carbon offsets, aims to drive up price.
Climate activism via blockchain is becoming a serious topic of discussion among academics and industry professionals as carbon offsets are tokenized.
Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100 million.
In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea. The Klima DAO protocol aims to increase the price appreciation of carbon assets.
The core team told Cointelegraph that it intends to put upward pressure on the price of carbon offsets “so that it becomes more profitable to engage in offset-generating activities, such as conserving land for carbon sequestration, or restoring forests and wetlands.”
Carbon offsets are reductions in greenhouse gas emissions in one place to compensate for emissions somewhere else.
By accumulating all those offsets, known as Base Carbon Tonnes (BCT), the Klima DAO treasury has locked in about 85% of the existing 10.7 million BCTs on-chain. Each BCT is a digital asset representing one tonne of carbon from the Verified Carbon Unit (VCU) registry, which has been bridged onto the Polygon Network by the Toucan Protocol.
As the balance of BCT in its treasury increases:
“The Klima DAO community will look to promote higher quality carbon offset projects, particularly in developing economies.”
The project hopes to stimulate a growth in the price of BCT tokens by offering fee sharing, a bonding program, and incentivized liquidity pools on Sushiswap.
The project is taking advantage of blockchain as a record-keeping system that can create standardization and accountability in efficiently assessing data about the economic and environmental impact of offsets.
Climate change control via blockchain has become a common topic among both the tech-savvy and environmentally-sensitive. During this week’s GOP26 event in Glasgow, Scotland, groups from the United Citizens Organization and the Climate Change Coalition advocated for green economy initiatives.
Climate activism via blockchain is becoming a serious topic of discussion among academics and industry professionals as carbon offsets are tokenized.
Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100 million.
In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea. The Klima DAO protocol aims to increase the price appreciation of carbon assets.
The core team told Cointelegraph that it intends to put upward pressure on the price of carbon offsets “so that it becomes more profitable to engage in offset-generating activities, such as conserving land for carbon sequestration, or restoring forests and wetlands.”
Carbon offsets are reductions in greenhouse gas emissions in one place to compensate for emissions somewhere else.
By accumulating all those offsets, known as Base Carbon Tonnes (BCT), the Klima DAO treasury has locked in about 85% of the existing 10.7 million BCTs on-chain. Each BCT is a digital asset representing one tonne of carbon from the Verified Carbon Unit (VCU) registry, which has been bridged onto the Polygon Network by the Toucan Protocol.
As the balance of BCT in its treasury increases:
“The Klima DAO community will look to promote higher quality carbon offset projects, particularly in developing economies.”
The project hopes to stimulate a growth in the price of BCT tokens by offering fee sharing, a bonding program, and incentivized liquidity pools on Sushiswap.
The project is taking advantage of blockchain as a record-keeping system that can create standardization and accountability in efficiently assessing data about the economic and environmental impact of offsets.
Climate change control via blockchain has become a common topic among both the tech-savvy and environmentally-sensitive. During this week’s GOP26 event in Glasgow, Scotland, groups from the United Citizens Organization and the Climate Change Coalition advocated for green economy initiatives.
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Sale NFT PACK AMAZON - From December 6 to December 12, 2021
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Sale NFT PACK TOYS - December 20, 2021
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Telegram BOT: @safepussy_bot
Website: safepussy.io
Telegram Announcements : https://t.me/joinchat/ZORZSyr8myIxZWJi
Twitter: https://twitter.com/SafePussyGame
‼️ Contract address: TO AVOID FRAUD AND CLONES, THE SMART CONTRACT ADDRESS WILL BE AVAILABLE 15 MINUTES BEFORE THE LISTING ON THE OFFICIAL PROJECT CHANNEL!
💸 Give yourself a New Year present in the form of manyfold increase in your profit! 💸
A NEW DESIRABLE GEM-COIN (XXX) ON PANCAKE SWAP.
📢📢📢 Welcome to one of the hottest and most promising projects of the expiring year - SafePussy. We are launching the entire erotic virtual world in which passion, pleasure and big money are best friends! SafePussy is a thrilling blockchain game in the Play-to-Earn format, where everyone can not only have fun, but also earn decent money. If you missed your XXX with various Gem-coins, then, here and now, take your chance together with us, in the project with huge plans and prospects!
⛰ The project is based on a game with its own game token. The game theme that fires your imagination:
🧡 Sexy Amazons that are looking for satisfaction
⚔️ A well-thought-out character development strategy
💰 A one-of-a-kind reward system for players.
Upcoming events:
🔸Stunning pre-sale at the best prices!
🔸Sale of unique NTF cards (game characters)
🔸Manyfold increase in your profit at the outset!
🔸Staking / farming on our own platform
🔸Game as an app on a smartphone
🔸Powerful marketing - reach 4.6 million users
Dates:
Private Sale at a super price - From November 15 to November 28, 2021
Sale NFT PACK AMAZON - From December 6 to December 12, 2021
Listing on PancakeSwap - December 19, 2021
Sale NFT PACK TOYS - December 20, 2021
🔒 Developer’s share is locked for 24 months!
👥 5% to holders from every transaction
🏦 5% to liquidity from every transaction
For more information on the game and the project, follow the link:
🇷🇺 https://telegra.ph/SafePussy-Planet-11-05
🇬🇧 https://telegra.ph/SafePussy-Planet-ENG-version-11-07
Telegram BOT: @safepussy_bot
Website: safepussy.io
Telegram Announcements : https://t.me/joinchat/ZORZSyr8myIxZWJi
Twitter: https://twitter.com/SafePussyGame
‼️ Contract address: TO AVOID FRAUD AND CLONES, THE SMART CONTRACT ADDRESS WILL BE AVAILABLE 15 MINUTES BEFORE THE LISTING ON THE OFFICIAL PROJECT CHANNEL!
💸 Give yourself a New Year present in the form of manyfold increase in your profit! 💸
Telegraph
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Crypto Market Sentiment Unchanged; Cardano Takes the Throne.
After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to the market sentiment analysis service Omenics.
A small majority – or 6 out of 10 – coins have turned or remained red over the past seven days, with tether (USDT) taking the largest drop, of 8.2%. Notably, tether was last week’s winner. Its drop is followed by USD coin (USDC)’s 7.5%, while on the lower end we see litecoin (LTC)’s 3%, polkadot (DOT)’s 2.9%, chainlink (LINK)’s 1.8%, and lastly bitcoin (BTC)’s 0.1%.
On the opposite side is this week’s winner: cardano (ADA), with a rise to its sentscore of 7.9%. The next in line is 4.9% by binance coin (BNB), followed by ethereum (ETH)’s 1.4% and XRP’s 0.3%.
Therefore, bitcoin’s and ethereum’s scores remain unchanged over the past week.
Meanwhile, four of the ten coins are in the positive zone, these being BTC, ETH, DOT, and LINK, respectively. But others are not far behind, with the two stablecoins having the lowest scores, of 5.3. The rest sit within the 5.6-5.9 range.
Now, we’re taking a closer look at the situation in the past 24 hours alone. The 24h sentscore for these 10 coins combined is lower than the one recorded last Monday: 5.75 compared to 5.93 a week ago. All but two coins are red. Therefore, the winners of the day by default are bitcoin, the score of which is up by 5.1%, and binance coin, with 0.3%. The highest drop is 4.1% seen by LINK, with another four coins’ sentscores falling between 2% and 2.5%, two more dropping 1.1% each, and ETH decreasing the least – 0.1%. BTC and ETH are the only coins in the positive zone. And while USDT sits below 5, at 4.6, the rest have sentscores between 5.1 and 5.9.
After finally re-entering the positive zone last Monday, crypto market sentiment is holding onto it tight, but without seeing a relevant change. Compared to last week’s 6.04, the average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets is now 6.02, according to the market sentiment analysis service Omenics.
A small majority – or 6 out of 10 – coins have turned or remained red over the past seven days, with tether (USDT) taking the largest drop, of 8.2%. Notably, tether was last week’s winner. Its drop is followed by USD coin (USDC)’s 7.5%, while on the lower end we see litecoin (LTC)’s 3%, polkadot (DOT)’s 2.9%, chainlink (LINK)’s 1.8%, and lastly bitcoin (BTC)’s 0.1%.
On the opposite side is this week’s winner: cardano (ADA), with a rise to its sentscore of 7.9%. The next in line is 4.9% by binance coin (BNB), followed by ethereum (ETH)’s 1.4% and XRP’s 0.3%.
Therefore, bitcoin’s and ethereum’s scores remain unchanged over the past week.
Meanwhile, four of the ten coins are in the positive zone, these being BTC, ETH, DOT, and LINK, respectively. But others are not far behind, with the two stablecoins having the lowest scores, of 5.3. The rest sit within the 5.6-5.9 range.
Now, we’re taking a closer look at the situation in the past 24 hours alone. The 24h sentscore for these 10 coins combined is lower than the one recorded last Monday: 5.75 compared to 5.93 a week ago. All but two coins are red. Therefore, the winners of the day by default are bitcoin, the score of which is up by 5.1%, and binance coin, with 0.3%. The highest drop is 4.1% seen by LINK, with another four coins’ sentscores falling between 2% and 2.5%, two more dropping 1.1% each, and ETH decreasing the least – 0.1%. BTC and ETH are the only coins in the positive zone. And while USDT sits below 5, at 4.6, the rest have sentscores between 5.1 and 5.9.
🔹TEFI Token doubled in 20 days!
🔹@TedefiBot Live and Launched
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
@tedefibot
Token Symbol: 🔹TEFI
Token Deployment date: 19 October 2021
Max Circulating supply 🔹TEFI: 86,800,000
Tokens in Circulation: 🔹4,850,000
Current Chain: 🔸BSC
Initial price: $0.02 -
📊Expected Price at the end of Q4: ~$0.12
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0x1FE78e5dfa616a3F6cDc6642a7A10dbD2C2C9383 Contract
Telegram bot: @tedefibot
Support: @tedefisupport
Website: tedefi.com
Whitepaper: https://tedefi.com/whitepaper.pdf
🔹@TedefiBot Live and Launched
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
@tedefibot
Token Symbol: 🔹TEFI
Token Deployment date: 19 October 2021
Max Circulating supply 🔹TEFI: 86,800,000
Tokens in Circulation: 🔹4,850,000
Current Chain: 🔸BSC
Initial price: $0.02 -
📊Expected Price at the end of Q4: ~$0.12
Instant Withdrawals inside Tedefi Exchange
Live Chart Inside Telegram
Referral Program without verifications
0x1FE78e5dfa616a3F6cDc6642a7A10dbD2C2C9383 Contract
Telegram bot: @tedefibot
Support: @tedefisupport
Website: tedefi.com
Whitepaper: https://tedefi.com/whitepaper.pdf
🔥1,000 NEVER BEFORE SEEN IMAGES
EXCLUSIVE, SEXY, TOPLESS AND EVEN MORE Drooling faceSmiling face with hornsFire!🔥
One Holly Sonders NFT gives access to:
One album of 100 unreleased photos, $5,000-$10,000 value!
15 minute exclusive AMA Zoom for NFT holders
Holly’s NFT exclusive NFT community
Golf Day with Holly prize-draw ($2k of travel expenses paid)
NFT Holders get Early Access to future drops
Ultra-Rare Holly Christmas Collectibles
"Holly KandyKrush" game access
..and much, more more!
Tip: Collect all 10 albums to get all 1000 unreleased photos!
LAUNCHING NOVEMBER 23rd 11am EST
https://discord.gg/gqGbCmTCtD
EXCLUSIVE, SEXY, TOPLESS AND EVEN MORE Drooling faceSmiling face with hornsFire!🔥
One Holly Sonders NFT gives access to:
One album of 100 unreleased photos, $5,000-$10,000 value!
15 minute exclusive AMA Zoom for NFT holders
Holly’s NFT exclusive NFT community
Golf Day with Holly prize-draw ($2k of travel expenses paid)
NFT Holders get Early Access to future drops
Ultra-Rare Holly Christmas Collectibles
"Holly KandyKrush" game access
..and much, more more!
Tip: Collect all 10 albums to get all 1000 unreleased photos!
LAUNCHING NOVEMBER 23rd 11am EST
https://discord.gg/gqGbCmTCtD
Argentina U-Turns On Crypto Tax With New Regulation.
In an abrupt U-turn on an earlier stance adopted by the country’s authorities, the Argentinian government has released a decree that imposes a tax on credits and debts on transactions involving cryptoassets. The regulation was published on November 17, and the measures entered into force on the same day.
“The exemptions provided for in this decree and in other regulations of a similar nature will not be applicable in those cases in which the movements of funds are linked to the purchase, sale, exchange, intermediation and/or any other operation on cryptoassets, cryptocurrencies, digital coins, or similar instruments, in the terms defined by the applicable regulations," the Argentinian cabinet said in the decree, as reported by local paper Buenos Aires Times.
Crypto transactions were previously exempt from the levy which, under Argentinian law, is called the tax on credits and debits in bank accounts and other transactions. Such transactions were treated as if they were cash transfers, according to Sebastián Domínguez from local tax consultancy SDC Asesores Tributarios.
The tax is levied at rates of up to 0.6%.
The latest development imposes yet another levy on Argentinian crypto users. In 2017, a reform of the country’s tax code extended the income tax to capital gains earned from transactions that involve cryptoassets.
Earlier this month, it was reported that a number of companies were eyeing Latin America – and countries like Argentina and Paraguay in particular – amid their search to create new bases for bitcoin (BTC) and altcoin mining operations.
Data released by the University of Cambridge indicates that Argentina accounted for just 0.05% of the global bitcoin hashrate last August. It is yet to be seen whether the government’s revised tax policy will have a negative impact on the country’s appeal to crypto industry players.
In an abrupt U-turn on an earlier stance adopted by the country’s authorities, the Argentinian government has released a decree that imposes a tax on credits and debts on transactions involving cryptoassets. The regulation was published on November 17, and the measures entered into force on the same day.
“The exemptions provided for in this decree and in other regulations of a similar nature will not be applicable in those cases in which the movements of funds are linked to the purchase, sale, exchange, intermediation and/or any other operation on cryptoassets, cryptocurrencies, digital coins, or similar instruments, in the terms defined by the applicable regulations," the Argentinian cabinet said in the decree, as reported by local paper Buenos Aires Times.
Crypto transactions were previously exempt from the levy which, under Argentinian law, is called the tax on credits and debits in bank accounts and other transactions. Such transactions were treated as if they were cash transfers, according to Sebastián Domínguez from local tax consultancy SDC Asesores Tributarios.
The tax is levied at rates of up to 0.6%.
The latest development imposes yet another levy on Argentinian crypto users. In 2017, a reform of the country’s tax code extended the income tax to capital gains earned from transactions that involve cryptoassets.
Earlier this month, it was reported that a number of companies were eyeing Latin America – and countries like Argentina and Paraguay in particular – amid their search to create new bases for bitcoin (BTC) and altcoin mining operations.
Data released by the University of Cambridge indicates that Argentina accounted for just 0.05% of the global bitcoin hashrate last August. It is yet to be seen whether the government’s revised tax policy will have a negative impact on the country’s appeal to crypto industry players.
📣⚽️World Champion Paul Pogba partnering with NFT project CryptoDragons!
🐉 🔥 After first successful stage of Reservation, during which 500 Dragon Eggs were “sold out” in seconds, CryptoDragons entered into partnership with World Champion Paul Pogba.
“Father of Dragons is here” announced Paul Pogba, along with the next available Reservation date: November 21, 12 pm EST.
🌐Visit: cryptodragons.com
🐉 🔥 After first successful stage of Reservation, during which 500 Dragon Eggs were “sold out” in seconds, CryptoDragons entered into partnership with World Champion Paul Pogba.
“Father of Dragons is here” announced Paul Pogba, along with the next available Reservation date: November 21, 12 pm EST.
🌐Visit: cryptodragons.com
Spooky Shiba - first horror-NFT project 😱
Spooky Shiba - is a BSC token, BUT the project itself is based on the interconnection with the NFT market! All token holders will automatically participate in daily and weekly lotteries with pretty curious rewards 🎁
Spooky Shiba is subject to 10% tax: 5% for the liquidity pool and 5% for a marketing wallet.
Expenses gonna be redirected to the involvement of famous YouTube bloggers and affluent Twitter personas! Ads broadcast on all main social networks and even in New York - Times Square billboard 🔥
There are 3 different NFT rarity levels: Common, Rare, and Legendary.
There will also be a set of 222 NFTs, 111 of these will be raffled off as prizes, while the remaining 111 will be available for purchase!
Future plans: HORROR METAVERSE 🤫
💭 Gonna be honest - the project looks indeed interesting and promising.
• Follow the link to buy the token: LINK
• Got any questions? You’re very welcome to our chat: ENG
Spooky Shiba - is a BSC token, BUT the project itself is based on the interconnection with the NFT market! All token holders will automatically participate in daily and weekly lotteries with pretty curious rewards 🎁
Spooky Shiba is subject to 10% tax: 5% for the liquidity pool and 5% for a marketing wallet.
Expenses gonna be redirected to the involvement of famous YouTube bloggers and affluent Twitter personas! Ads broadcast on all main social networks and even in New York - Times Square billboard 🔥
There are 3 different NFT rarity levels: Common, Rare, and Legendary.
There will also be a set of 222 NFTs, 111 of these will be raffled off as prizes, while the remaining 111 will be available for purchase!
Future plans: HORROR METAVERSE 🤫
💭 Gonna be honest - the project looks indeed interesting and promising.
• Follow the link to buy the token: LINK
• Got any questions? You’re very welcome to our chat: ENG
Crypto Adoption in 2022: What to Expect?
The crypto market is having a strong end to 2021, with various cryptoassets -- including bitcoin (BTC) -- hitting new all-time highs. The question is: will we continue seeing increasing adoption of cryptocurrencies among investors, institutions, and even governments next year?
For most analysts and observers, 2022 will indeed be yet another year of increasing adoption of cryptocurrency, both in terms of its potential as an investment vehicle and inflation hedge, and also in terms of its utility for payments.
Of course, 2022 will not all be plain sailing for cryptocurrency when it comes to adoption, with governmental rejection of crypto remaining just as (if not more) likely in some nations as adoption. That said, with the market showing renewed signs of bullishness as we write this, it’s likely that the overall trend will be towards more adoption rather than less.
2021: How accurate were predictions last year?
Back in 2020, industry players predicted that bitcoin would see increasing investment interest from institutions in particular. This is indeed what happened, with the current bull market being largely driven by institutional investors.
They predicted the growth in Ethereum (ETH) and decentralized finance (DeFi), with the latter (in terms of total value locked in) growing, per DefiLlama data, from around USD 21bn at the start of the year to USD 241bn, as of writing. Likewise, Ethereum accounts for 67% of this value, indicating just how pivotal it has become.
One other thing the commenters predicted in our previous year’s ‘adoption trends’ article was the growth in interoperability platforms and protocols, something which would allow chains to pool resources and value. This was particularly true with regards to the launch of the various cross-chain bridges we saw during this year, such as Wormhole, Avalanche Bridge, and Harmony.
The crypto market is having a strong end to 2021, with various cryptoassets -- including bitcoin (BTC) -- hitting new all-time highs. The question is: will we continue seeing increasing adoption of cryptocurrencies among investors, institutions, and even governments next year?
For most analysts and observers, 2022 will indeed be yet another year of increasing adoption of cryptocurrency, both in terms of its potential as an investment vehicle and inflation hedge, and also in terms of its utility for payments.
Of course, 2022 will not all be plain sailing for cryptocurrency when it comes to adoption, with governmental rejection of crypto remaining just as (if not more) likely in some nations as adoption. That said, with the market showing renewed signs of bullishness as we write this, it’s likely that the overall trend will be towards more adoption rather than less.
2021: How accurate were predictions last year?
Back in 2020, industry players predicted that bitcoin would see increasing investment interest from institutions in particular. This is indeed what happened, with the current bull market being largely driven by institutional investors.
They predicted the growth in Ethereum (ETH) and decentralized finance (DeFi), with the latter (in terms of total value locked in) growing, per DefiLlama data, from around USD 21bn at the start of the year to USD 241bn, as of writing. Likewise, Ethereum accounts for 67% of this value, indicating just how pivotal it has become.
One other thing the commenters predicted in our previous year’s ‘adoption trends’ article was the growth in interoperability platforms and protocols, something which would allow chains to pool resources and value. This was particularly true with regards to the launch of the various cross-chain bridges we saw during this year, such as Wormhole, Avalanche Bridge, and Harmony.
👉 THN is listing on GATE.io, ranked amongst the world's top 10 exchanges.
🗓 November 24th (Wednesday) at 12PM GMT+8
🧐 Learn about founders and team:
• Variety
• Forbes
• Entrepreneur
• Digital Journal
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
🗓 November 24th (Wednesday) at 12PM GMT+8
🧐 Learn about founders and team:
• Variety
• Forbes
• Entrepreneur
• Digital Journal
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Gate.com
0.0001113 THN USDT Spot Trading | Live Price Chart | Gate.com
THN USDT spot trading, charts and order book. 24h High 0.0001119, Low 0.0000566. THN to USDT. Trade THN/USDT safely with Gate Exchange now!
Congress has put forward 18 bills on digital assets in 2021 so far.
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year.
The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far.
In July, Congress put forward the Digital Asset Market Structure and Investor Protection Act in a bid to create distinct statutory definitions for digital assets and digital asset securities respectively.
Although the bill is yet to pass through Congress, the legislation would mandate digital asset securities as the jurisdiction of the Securities and Exchange Commission (SEC), while the Commodity Futures Trading Commission (CFTC) would have the authority to regulate digital assets.
Brett asserts that of Congress’ digital asset bills, The Eliminate Barriers To Innovation Act has made the most progress since being introduced in March. The Act aims to establish a joint working group facilitating collaboration between the SEC and CFTC in regulating the blockchain and crypto sectors.
The legislation has already passed both Congress and the House of Representatives and is now awaiting the Senate according to the report.
However, not all of Congress’ digital asset bills have been well received by the industry, with last-minute amendments made to the bipartisan infrastructure deal in July including a sweeping definition of digital asset “brokers” that threatens to impose stringent counterparty reporting requirements for network validators and software developers.
Cointelegraph’s general counsel, Zachary Kelman, labeled the nebulous language in the infrastructure bill a political shell game whereby lawmakers seek to increase taxes without resorting to specifics regarding the collection.
The bill will now pass to the House of Representatives, where it likely will not be put to a vote until later this year.
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year.
The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far.
In July, Congress put forward the Digital Asset Market Structure and Investor Protection Act in a bid to create distinct statutory definitions for digital assets and digital asset securities respectively.
Although the bill is yet to pass through Congress, the legislation would mandate digital asset securities as the jurisdiction of the Securities and Exchange Commission (SEC), while the Commodity Futures Trading Commission (CFTC) would have the authority to regulate digital assets.
Brett asserts that of Congress’ digital asset bills, The Eliminate Barriers To Innovation Act has made the most progress since being introduced in March. The Act aims to establish a joint working group facilitating collaboration between the SEC and CFTC in regulating the blockchain and crypto sectors.
The legislation has already passed both Congress and the House of Representatives and is now awaiting the Senate according to the report.
However, not all of Congress’ digital asset bills have been well received by the industry, with last-minute amendments made to the bipartisan infrastructure deal in July including a sweeping definition of digital asset “brokers” that threatens to impose stringent counterparty reporting requirements for network validators and software developers.
Cointelegraph’s general counsel, Zachary Kelman, labeled the nebulous language in the infrastructure bill a political shell game whereby lawmakers seek to increase taxes without resorting to specifics regarding the collection.
The bill will now pass to the House of Representatives, where it likely will not be put to a vote until later this year.
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The Akil team is currently developing products across multiple brands, Akil Coin, NFTs, Akil Exchange, Akil Swap etc. which offers Binance Smart Chain-based tokens, popular cryptocurrencies, and the ability to buy, sell & store.
🚀 Presale now live ! on https://www.pinksale.finance/#/launchpad/0xc7078aCE9132B179FAb67049BBCA1BEd749fB275?chain=BSC 🚀 Launch NOVEMBER 26 2021 - 8PM UTC 🚀 CG & CMC Fast tracked!
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Get Free Presale NFTs value up to $1000 with a sell option at Launch. For more details join us to the Official Akil Community Group http://T.me/TheAkilCoin
Tokenomics
✅TOTAL SUPPLY - 10 Trillion ✅5% BUY & SELL TAX ✅2% LIQUIDITY
✅3% BUYBACKS/MARKETING WALLET
https://hotbit.zendesk.com/hc/en-us/articles/4410300036247-Hotbit-will-launch-AKL-Akil-Coin-Recently
https://www.wboc.com/story/45166748/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets
https://www.marketwatch.com/press-release/akil-coin-revolutionizes-the-crypto-and-nft-space-through-a-variety-of-unique-digital-assets-2021-11-10
📈 Vodka token appeared on PancakeSwap just yesterday, and has already made х10 (even up to х28!)
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🐦 Twitter: twitter.com/vodkatoken
ℹ️ Vodka token is a collectible NFT game based on DeFi. In the game, participants mix cocktails and make money on them!
The recipe is simple: a serving of Vodka token, a serving of BNB or ETH, or USDT (one of your choice) and the NFT cocktail is ready!
❗️ There is a chance to randomly receive NFT above expectations: instead of a $ 100 cocktail, an Extra cocktail may drop out, which can be sold for $ 500.
You can also stake your NFT cocktail up to 144% APY or take part in the fair lottery and win up to 300%.
🍾 By the way, 1500 NFT cocktails are currently being drawn on the Discord Vodka token server
Terms: discord.gg/t7JeCe5Sm5
🌐 Website: vodkatoken.com
📩 Telegram: t.me/vodkatoken
🐦 Twitter: twitter.com/vodkatoken
November was a really productive month for the Rubic project. Two massive integrations were completed, consisting of the renowned Moonriver and Fantom networks!
Rubic is a Multi-Chain Swap Protocol with 8 blockchains united under one roof. Six of them are supported through Multi-Chain Swaps, which means that more than 10,000 assets are available for swapping across BSC, Polygon, Ethereum, Moonriver, Avalanche and Fantom.
Simply put, Rubic ensures fast, safe, and profitable swaps for traders of all experience levels.
Don't miss the updates:
Rubic chat
Rubic announcements
Rubic is a Multi-Chain Swap Protocol with 8 blockchains united under one roof. Six of them are supported through Multi-Chain Swaps, which means that more than 10,000 assets are available for swapping across BSC, Polygon, Ethereum, Moonriver, Avalanche and Fantom.
Simply put, Rubic ensures fast, safe, and profitable swaps for traders of all experience levels.
Don't miss the updates:
Rubic chat
Rubic announcements
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🖥 Neins Finance is a brand new financial tool. This is a DEX platform that aims to expand financial and insurance services, fundraising.
💰 Don’t think that we are another company that wants to sell you something.
🌎 Neins Finance is not only a tool. This is a community for global aid using blockchain technology. We provide you an opportunity to join this part of the new world.
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Website:
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Telegram:
t.me/NeinsFinance
Twitter:
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Today we surpassed the milestone of 80,000 🔹Tedefi Exchange users! 🎉
Expected Price at the end of December: ~$0.5$ + 495% 🔥
This Week completed updates:🎉
💙TrustWallet Integrated
🦊Metamask Integrated
🕶Deposit confirmation speed optimized
🔧Minor bug fixes
Next two weeks plan: 🔹
P2P Transfers Inside 🔹TedefiBot
🖇New trading pairs implementation
🔐Staking Airdrop announcement 🔥
@TedefiBot
First Live Exchange for Trading based on Telegram
LIVE CHART TEFI COIN BASED ON BINANCE CHAIN🔸I
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @Tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
📠Tedefi Information
🔹Token Symbol: TEFI
🔹Network: Smartchain
🔹Circulating Supply: 25,050,000 TEFI
🔹Max Circulating Supply: 86,800,000 TEFI
📠Tedefi Chart
✅7 Days : +20.70%
✅30 Days : +190.70%
✅Expected Price at the end of December: ~$0.5$ + 495% 🔥
📠TedefiBot Features
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📠Useful Links
👉 Website Tedefi.com
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👉 Telegram bot @TedefiBot
#First Telegram Exchange Platform
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@TedefiBot
Expected Price at the end of December: ~$0.5$ + 495% 🔥
This Week completed updates:🎉
💙TrustWallet Integrated
🦊Metamask Integrated
🕶Deposit confirmation speed optimized
🔧Minor bug fixes
Next two weeks plan: 🔹
P2P Transfers Inside 🔹TedefiBot
🖇New trading pairs implementation
🔐Staking Airdrop announcement 🔥
@TedefiBot
First Live Exchange for Trading based on Telegram
LIVE CHART TEFI COIN BASED ON BINANCE CHAIN🔸I
Investors relish stable returns from TEFI Token inside the Tedefi Telegram Exchange @Tedefibot. Considering upcoming updates to the network, the price is expected to triple by the end of the year!
📠Tedefi Information
🔹Token Symbol: TEFI
🔹Network: Smartchain
🔹Circulating Supply: 25,050,000 TEFI
🔹Max Circulating Supply: 86,800,000 TEFI
📠Tedefi Chart
✅7 Days : +20.70%
✅30 Days : +190.70%
✅Expected Price at the end of December: ~$0.5$ + 495% 🔥
📠TedefiBot Features
🔸Live Chart Inside Telegram
🔸Referral Program without verifications
🔸Instant Withdrawals inside Tedefi Exchange
📠Useful Links
👉 Website Tedefi.com
👉 Team P2PBlockchain.org
👉 Telegram bot @TedefiBot
#First Telegram Exchange Platform
#Unique Telegram-Based Technology
@TedefiBot
