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Get your daily, bite-sized digest of cryptoasset and blockchain-associated news – investigating the tales flying below the radar of today’s crypto news. __________ Payments news PayPal will extend its crypto provider to Luxembourg "in coming days," the bills organization stated in an declaration. “Once available, eligible clients might be capable of buy, promote, and keep Bitcoin, Ethereum, Litecoin, and Bitcoin Cash of their PayPal debts thru the internet site or the cell app,” it stated. Financial era organization Ramp released its off-ramp product withinside the United States, which allows customers to promote 34 virtual belongings throughout 17 blockchains, whilst additionally presenting real-time bills (RTP), stated an declaration. Users whose banks permit RTP will see bucks deposited into their debts usually in below 20 seconds, it brought.

Web3 is the logical consequence of crypto. In a world where digital currencies and blockchain networks have allowed for the decentralization of money and financial services, it was all but inevitable that the decentralization of the Web would follow. But while the concept of Web3 certainly took much of the technology sector by storm in 2021, it hasn’t developed into a fully-fledged sector, defined by concrete examples of platforms, products, and services making a substantial difference to our lives. However, numerous industry figures say that it will experience considerable growth in 2022, with an expanding number of startups, organizations, and companies creating valuable products that help to popularize it.

Staking is seemingly set for a big 2022. With Ethereum (ETH) planning an eventual move to a proof-of-stake (PoS) consensus mechanism this year, it will bring staking to thousands if not millions of users who’ve never tried it before, with the growth of ETH staking likely to feed into similar growth elsewhere. But according to industry figures speaking with Cryptonews.com, general growth is not the only trend that staking can look forward to in the coming months. We can also expect to see increased institutional interest in staking, as well as the growth of liquid staking, staking via layer-2 protocols, and via GameFi (decentralized applications (dapps) with economic incentives) and NFT platforms.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Litecoin has been performing very well despite the bearish conditions of the blockchain markets over the last few recent days. The price has rocketed over 14% in the last 24 hours up to $70.11 and over the last four weeks has moved up 64% on the BTC/LTC chart which reflects very good strength from the bulls.

Video games have long been regarded as a Trojan horse for new technologies. Whether it be home computers, smartphones, or virtual reality, the pleasure of gaming is usually one of the most effective ways of interesting the public in new tech, and the same is true when it comes to blockchain and cryptoassets.