Author: Bruno Marques
The number of cryptocurrencies in circulation has more than doubled by 2021, prompting investors to be even more careful when investing in a new token and to do thorough due diligence before making an investment decision.
The expected bull run collapses at the end of 2021 as the Bitcoin price drops. After hitting an all-time high of USD 68,600 on November 10, the price of Bitcoin plummeted to USD 46,600 on Tuesday, December 28, signifying a 32% fall.
Since many influencers promote shady projects, leading to investors losing their funds, France created a Task Force to reprimand cryptocurrency influencers.
Lightning Network, the second layer, is not yet fully functional to protect users privacy. An attacker will be able to discover channel balances by polling.
Stablecoins have the biggest growth in 2021 in terms of Market Capitalization, rising over 570%. Tether remains the leader of the largest stablecoin in 2021.
Almost 1400 Bitcoins in El Salvador at the end of 2021. BitGo and Bitso could be El Salvador’s BTC providers, although the Government hasn’t officially confirmed it.
Infinity Combat is the new Play to Earn NFT game launched by Infinity Games NFT, a Brasilian developer pushing the boundaries of the blockchain.
A community of around 40 families in Ecuador started working with Bitcoin as their local currency. This new experiment is based on the movement called Bitcoin Beach.