2021 Summary. The most important news – part 2

2021 Summary. The most important news - part 2

In addition to global events, which undoubtedly had a gigantic impact on the valuation of the cryptocurrency market, there were also somewhat smaller, but no less important events. More updates, ATH achieved, meme coins fashion – that is 2021 in a nutshell!

London Hard Fork and EIP-1559 on the Ethereum network

This is one of by far the most important events of the past year. The network of the second largest cryptocurrency, goes from a consensus Proof of Work to Proof of Stake. The procedure takes care of smaller updates. Among them, the London Hard Fork took place in August, and included a high-profile update called EIP-1559, triggering the process of burning some of the gas royalties that had previously fallen prey to miners. You can read more about it in the article titled “What EIP-1559 means for Ethereum (ETH)”.

Bitcoin network update

Bitcoin network events are rare. All the more the appearance of them aroused considerable interest. This time was no different. In November, we wrote about how “The long-awaited Bitcoin update called Taproot successfully went live. Privacy, security, scalability, and the introduction of smart contracts all implemented with it. There was a lot of controversy surrounding the event. There has been concern over the potentially negative attitude of governments towards increasing the confidentiality of the king of cryptocurrencies. However, these issues are not currently being addressed, which is another positive sign in the market.

Bitcoin’s next ATH

Bitcoin isn’t the only one reaching a new ATH in 2021, but it is the one that is most talked about. 69 thousand dollars to the current peak of its valuation. However, the year featured a number of events that were effective in breaking out new peaks, as well as scoring solid lows. We described all this in the analysis tab. Note, however, that the term ATH does not refer only to the price of the coin, but also, for example, to the strength of the network. This one ends 2021 with an excellent forecast for the near future. For more on this topic, read the article “Compute North predicts Bitcoin Hashrate will double in 2022”.

Meme coins fashion

Meme coins are undoubtedly controversial coins. However, they are hard to pass by indifferently. A wide range of speculators have claimed this category of the market as their favorite. As a result, 2021 was the year of Dogecoin, Shiba Inu, etc. “Should we take meme-tokens such as SHIB and FLOKI seriously?” – in this article we look for the right perspective. 

The question remains what the coming year 2022 will bring us. Will it be as spectacular? We will all find out soon enough!

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news


XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive $2.7 million…

Solana and Avalanche on the eye of investment funds

Two alternative coins, Solana (SOL) and Avalanche (AVAX), are gaining increasing interest and are successively attracting the attention of investment funds. Although bitcoin (BTC) remains the main…
All articles loaded
No more articles to load


Cryptocurrency wallets

Cryptocurrency wallets

We talked about security when trading crypto assets in an article titled “Online security“. We also mentioned how important it…
hardware wallets

Cryptocurrency hardware wallets

From the article titled “Cryptocurrency wallets” you learned about the different types of wallets. They were briefly characterized there. Let’s…
Where to buy cryptocurrency brokers

Which cryptocurrency Brokers to use

In the article “Where to Buy Cryptocurrencies (Exchanges)“, we introduced you to which exchange platforms you can purchase cryptocurrencies on.…
Trading cryptocurrencies

Trading cryptocurrency

In the cryptocurrency market, you face many opportunities to invest in cryptocurrency or buy or sell cryptocurrency. If you want…
All articles loaded
No more articles to load


All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load