Cryptocurrency Analysis and News Portal
At its best, inflation is a measure of optimism. You know when else it was high? In 1942, U.S. annual inflation was 10.2%. In 1946, it was 8.5%. In 1947, it was 14.4%. You know what those spikes represented? Sending our soldiers across the pond to save millions of people
Read More
Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa.BAT's price surged over 30% on Friday to reach $1.88 for the first time in history, with its market
Read More
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining and the
Read More
NEAR protocol is a scalable smart contract platform that supports decentralized applications of almost any kind. Its token, NEAR, can be used to pay for transaction fees and storage as well as for staking by token holders who participate in achieving network consensus as transaction validators.Proximity Labs, a newly formed
Read More
A large part of the pools’ operations are located in China, which has vowed to eliminate crypto mining. While their hashrate does not come only from China, and they have said they plan to exit the country by year-end, the publication of material in Mandarin could be interpreted as courting
Read More
Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin (BTC) as legal tender after President Nayib Bukele announced the launch of Bitcoin City.Bailey argued that El Salvador’s decision to adopt Bitcoin as a currency was alarming because consumers are likely to suffer from the
Read More
Bitcoin (BTC) may be down 20% from all-time highs, but this is a golden opportunity to “buy the dip,” analysts argue.Black Friday is living up to its name in crypto this year as both Bitcoin and many altcoins are trading at their lowest in six weeks.Misgivings over $53,000 floorAfter an
Read More
Having kicked off the unwinding of the crisis-era stimulus this month, the U.S. Federal Reserve (Fed) may accelerate the pace of the taper next year, according to a Bloomberg report citing a client note from Goldman Sachs.The central bank will double the pace of scaling back its liquidity-boosting asset purchases
Read More
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures were a consequence of “business-related considerations
Read More
Parity Technologies co-founder and CEO Jutta Steiner has left the company. Parity is the technology firm behind the much-anticipated Polkadot blockchain network.A Parity representative confirmed to CryptoX that Steiner stepped away earlier this year after running the company since 2015.The representative also confirmed that Gavin Wood will assume the role
Read More