Year 2021: The Defining Year Of Cryptocurrency Across The Globe; When Crypto Went Mainstream, 2021: The Year Of Bitcoin

INSUBCONTINENT EXCLUSIVE:
challenging central authorities over the notion of 'currency', 2021 will be remembered as the defining year of cryptocurrency across the
globe
amid its dizzying rally throughout the year
Apart from this, blockchain-based technology gave birth to non-fungible tokens (NFTs) - being non-interchangeable - distinguishing itself
entrepreneurs with the intention to transform the global financial system
The rise of crypto investors globally testifies the fact that it has emerged as the most popular investment avenue challenging traditional
Within a week, bitcoin created history crossing the $50,000-mark for the very first time, achieving further mainstream acceptance among
large investors, especially after Tesla's move.Mainstream Acceptance Vaults Bitcoin HigherBitcoin witnessed a broader bull run since
October 2020, ever since US-based online payment company Paypal allowed customers to use bitcoin on its network
Microstrategy announced that it would $600 million to buy more bitcoin
crackdown
widespread domestic skepticism about cryptocurrencies and international warnings of risks for consumers
record of transactions
in October this year, a massive increase from the $4.8 million in October 2020.Cryptocurrency Bill In IndiaThe much-awaited Cryptocurrency
official digital currency to be issued by the Reserve Bank of India (RBI)
However, the bill is unlikely to be presented in the ongoing winter session of Parliament as the central government is yet to finalize
web, according to Bloomberg
anything you do online
Web 3.0 is the next stage of web evolution that seeks to make the internet more intelligent or process information with near human-like
models such as advertising
For example, users might pay for services directly using tokens
In an ideal world, Web3 services are supposed to be operated, owned by, and improved upon by communities of users, according to
Bloomberg.2022 And Beyond - What Lies Ahead For Crypto?Here's what experts say: ''2022 is starting to look like a promising year for the
crypto market as more trad-fi companies start applying for crypto licenses and building digital asset teams because as a financial product
crypto is too big to ignore.Next year we would see more players emerging to battle over user acquisition, and trad-fi players introducing
crypto-linked products to retain their existing users, or lose them to crypto or decentralised finance
an urgent need for a neutral crypto education platform that can serve as a converging point for crypto awareness and knowledge among crypto