Tuesday, May 13, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

14.12.[News of the day] • Tesla accepts Dogecoin as a payment method • and other articles

by Margharet Tess
December 14, 2021
in Crypto News of the Day
Reading Time: 4 mins read

Table of Contents

  • MARKETS
  • Cryptocurrencies
    • The BTC network settled a staggering $ 12 trillion in transactions this year
  • Banks, crypto exchanges, companies
    • Twitch co-founder is building a marketplace for NFT gaming
    • The German banking group “Sparkasse” confirms rumors – it wants to launch a crypto-wallet
    • Tesla accepts Dogecoin as a method of payment
  • CBDC, Regulation
    • According to a representative of the Bank of England, cryptocurrencies can pose a danger to the financial system
    • Thailand’s central bank will push “red lines” despite pressure on tourism

Welcome to today’s overview:

MARKETS

This weekend it looked quite positive at first. Unlike the previous one, which was shrouded in red, this time the BTC price tried to recover and performed relatively well. In fact, the BTC traded above $ 50,000 for a while on Sunday, which gave hope that there could be a more significant rally in the game.

Unfortunately for the bulls, as soon as Monday came, the situation looked gloomy again. After the price reached a maximum of $ 50,800 on Sunday, it fell the next day.

BTC fell to $ 45,750, which meant another massive daily red candle, and again it ruined our hopes for a proper recovery. BTC currently trades just over $ 47,000.

Altcoins don’t look any better. On a 24-hour scale, each of the top twenty cryptocurrencies (except stablecoins) is in red numbers. Approaching a seven-day scale reveals exactly the same thing.

BTC analysis – the price continues in the correction structure. Will he be looking for a new bottom?

ADA analysis – the price is at a key level, but it is still looking for a bottom

Cryptocurrencies

The BTC network settled a staggering $ 12 trillion in transactions this year

In 2021, the BTC network broke and set new records. According to CoinMetrics, BTC has settled more than $ 12 trillion in transactions since the beginning of the year.

Dan Tapiero, the founder and CEO of 10T Holdings, drew attention to the data, who welcomed the performance as evidence of hyperbitcoinization. Hyperbitcoinization is a term used by BTC proponents to describe the widespread adoption of BTC. Although Tapiero does not yet consider it a reality, he says that it is gradually happening, as was seen in 2021.

This record follows a previous record when BTC set a new historical record of $ 31 billion in daily settled transactions.

Banks, crypto exchanges, companies

Twitch co-founder is building a marketplace for NFT gaming

Justin Kan, co-founder of the Twitch live stream platform, has announced that it is launching Fractal, a new marketplace for NFT gaming. While the OpenSea NFT marketplace may be the largest, Fractal doesn’t compete directly with it – it bets on the gap in gaming NFTs.

The announcement comes days after the Twitch add-on was announced, which will allow streamers to offer viewers NFT rewards without having to leave the Twitch platform.

Fractal has already partnered with a game studio to drop the new NFT in the coming weeks on a platform that uses Solana’s blockchain. Players can purchase gaming NFTs directly from Fractal’s gaming partners and buy and sell gaming NFTs from other players.

The German banking group “Sparkasse” confirms rumors – it wants to launch a crypto-wallet

Sparkasse’s secret project has been confirmed – a network of 370 savings banks across Germany plans to give 50 million people access to cryptocurrencies. The country’s leading banking group is working to give clients access to cryptocurrencies directly from their current bank account, according to the daily Finanz Szene.

According to the report, the Spakasse would give customers access to BTC, ETH and other cryptocurrencies – without having to use any of the large crypto exchanges. This would reduce barriers for Sparkasse customers, who would not have to go through additional verification processes to use the cryptocurrency feature.

Tesla accepts Dogecoin as a method of payment

Tesla CEO (NASDAQ: TSLA) Elon Musk said on Twitter on December 14 that the company would allow the purchase of some of its products for Dogecoin (DOGE).

Musk, recently named Person of the Year by Times Magazine, said the company would “see how it goes.” Remarkably, Tesla’s CEO is a strong supporter of Dogecoin, a coin meme that has grown beyond expectations due to its support.

Tesla will make some merch buyable with Doge & see how it goes

– Elon Musk (@elonmusk) December 14, 2021

In addition, Musk recently said that Dogecoin is better at transactions than BTC.

CBDC, Regulation

According to a representative of the Bank of England, cryptocurrencies can pose a danger to the financial system

Bank of England (BoE) Vice Governor Sir Jon Cunliffe warned that the rapid growth of cryptocurrencies could pose a serious threat to the established financial system.

In an interview with the BBC, Cunliffe stressed that most of the risk stems from the volatility of digital assets, while acknowledging that cryptocurrencies such as BTC are increasingly entering the mainstream.

According to him, in the event of a sharp decline in the value of these assets, it will be up to the institution to manage the impact. To mitigate the risk, Cunliffe proposes enacting standard regulations that would regulate the sector.

Thailand’s central bank will push “red lines” despite pressure on tourism

The Bank of Thailand will issue a consultation paper on the “financial landscape” in January 2022. They will seek consensus on what call “red lines” for crypto-operators and businesses.

BoT Governor Sethaput Suthiwartnarueput specifically stated that cryptocurrencies as payment channels are one of these red lines and will not be tolerated. According to a report by the Bangkok Post on December 14, the new regulations aim to minimize risks for the financial system and ensure greater investor protection.

The central bank intends to start testing its own CDBC next year, so it is possible that Thailand will follow China and push the crypto currency aside in favor of its own, state-controlled currency.

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • What Exchanges Won’t Tell You – Part 2: Staking Scams & Launchpad Lies - May 12, 2025
  • What Exchanges Won’t Tell You: How They’ll Milk You Even in a Bull Market – Part 1 - May 12, 2025
  • Top P2E Erotic Games Where You Don’t Just Play… You Earn (and Maybe Break a Sweat Too) - May 8, 2025
Tags: daily news

Related Posts

This will be important for BTC this week
Cryptheory News

This will be important for BTC this week

April 7, 2025
Important events for crypto and BTC this week
Cryptheory News

Important events for crypto and BTC this week

April 7, 2025
This will be important for crypto and BTC this week
Crypto News of the Day

This will be important for crypto and BTC this week

July 19, 2022
Coinbase CEO and Donald Trump Discuss Staffing Decisions in the Upcoming Administration
Crypto News of the Day

Regulatory overview: US for International Crypto Rules

July 12, 2022
This will be important for crypto and BTC this week
Crypto News of the Day

This will be important for crypto and BTC this week

March 28, 2025
Most important events in the USA and EU for crypto and BTC this week
Crypto News of the Day

Most important events in the USA and EU for crypto and BTC this week

July 5, 2022
The most important cryptocurrency news of October 24, 2024
Crypto News of the Day

These are most important news of the last week

April 7, 2025
Regulatory overview - EU and UK are going their different ways on crypto regulation
Crypto News of the Day

Regulatory overview – EU and UK are going their different ways on crypto regulation

June 28, 2022
Important events for crypto and BTC this week
Crypto News of the Day

Important events for crypto and BTC this week

June 28, 2022
Track all markets on TradingView
Score: 0
Game Over
Glassnode Glassnode Glassnode
ADVERTISEMENT

Popular

Bitcoin Addresses Activity 2025: Is the Network Still Alive or Just Hungover?

Bitcoin Addresses Activity 2025: Is the Network Still Alive or Just Hungover?

April 29, 2025
BCH, bitcoin cash

Bitcoin Cash on the Edge: Will BCH Pump or Just Take a Dump?

April 24, 2025
Ethereum Price Analysis: Is ETH Rising from the Ashes, or Just Grabbing a Snack Before Another Fall?

Ethereum Price Analysis: Is ETH Rising from the Ashes, or Just Grabbing a Snack Before Another Fall?

April 14, 2025
What If Russia Gets Its Way in Ukraine — Will It Impact Bitcoin’s Price?

What If Russia Gets Its Way in Ukraine — Will It Impact Bitcoin’s Price?

April 25, 2025
US Crypto Miners Face New Carbon Emission Cuts Under Clean Air Act — Can They Keep Their Rigs Green and Running?

US Crypto Miners Face New Carbon Emission Cuts Under Clean Air Act — Can They Keep Their Rigs Green and Running?

April 15, 2025
Can the PEPE Meme Coin Hit $0.1 – and When? The Great Green Frog Under Investor Scrutiny (and a Bit of Hope)

Can the PEPE Meme Coin Hit $0.1 – and When? The Great Green Frog Under Investor Scrutiny (and a Bit of Hope)

April 14, 2025
FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?

FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?

April 28, 2025
Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?

Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?

April 22, 2025
How to Store and Use Crypto During the Apocalypse: The Ultimate Survival Guide for the Digital Age

How to Store and Use Crypto During the Apocalypse: The Ultimate Survival Guide for the Digital Age

April 22, 2025
Dogecoin's Bullish Blueprint: Analyst Predicts Up to 150% Rally

Dogecoin’s Bullish Blueprint: Analyst Predicts Up to 150% Rally

April 16, 2025
ADVERTISEMENT
This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

 

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.