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Share on Facebook Share on Twitter Certain trending topics in cryptocurrency are now dominating the headlines in the crypto scene. In recent times, institutional adoption of dollar investments in bitcoin has kicked off in millions. The narrative of cryptocurrency switched from speculative asset to store of value and hedge against fiat inflation during the pandemic. This mass adoption got more tangible with companies such as PayPal enabling crypto purchases for its million users.
Below are the top 3 hot trending topics in the cryptocurrency scene: Stablecoins Stablecoins have proved to be especially useful to deal with the high volatility of traditional cryptocurrencies. Investors would send funds — usually in the form of Bitcoin — to the project and receive coin or tokens in return. In , the United States Securities and Exchange Commission SEC clarified their rules relating to fundraising for assets, which made it much harder for new cryptocurrency projects to issue their own tokens in this way.
What Is a Stablecoin? Price volatility has long been one of the features of the cryptocurrency market. When asset prices move quickly in either direction and the market itself is relatively thin, it can sometimes be difficult to conduct transactions as might be needed. To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.
These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability. What Are In-game Tokens? Play-to-earn P2E games, also known as GameFi , has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens NFT , in-game crypto tokens, decentralized finance DeFi elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time and sometimes capital and playing these games.
This game was extremely popular in developing countries like The Philippines, due to the decent income they can earn. Which Is the Best Cryptocurrency to Invest in? CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. We are strictly a data company. Please remember that the prices, yields and values of financial assets change. This means that any capital you may invest is at risk.
We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances. We look forward to seeing you regularly! Be the first to know about crypto news every day Get crypto analysis, news and updates right to your inbox! Sign up here so you don't miss a single newsletter.
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