Cryptocurrency Analysis and News Portal
Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT).The network's popularity – and the high fees of transacting on it – has inspired a bevy
Read More
Under standard accounting rules, the value of digital assets such as cryptocurrencies must be recorded at their cost and then only adjusted if their value is impaired, or goes down. But if the price rises, that does not get reflected until an asset is sold. Original Source
Read More
Stablecoins have become the new sensations nowadays, and people have started to adopt Stablecoins due to the fluctuations that cryptos have created. However, Cryptos has been in the news regularly due to its regulations in different countries. A stablecoin would act as a barrier and control the cryptocurrency fluctuations. Wow!
Read More
For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community
Read More
“Want to help shape the future of crypto at Twitter?” asks Tess Rinearson, Twitter’s crypto engineering lead, in a Friday tweet.The role – “Senior Product Manager, Crypto,” according to a job listing posted this week – has a special focus on “creator monetization.”“In this capacity, we’ll be looking closely at
Read More
Last week, Cardano network launched Pavia, a gaming application on the Metaverse. This stands as the first metaverse project operated on the Cardano blockchain. The use of non-fungible tokens (NFTs), which operate with the same blockchain technology as cryptocurrencies, is increasing. They enable investors to get tokenized assets of their favorite
Read More
Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets and protocols use this funds to build out their products
Read More
"Ultimately, after significant discussion and consideration in consultation with outside counsel and other professional advisors, the executive board determined that, in view of all the circumstances, it is in the best interest of the company to wind up operations, liquidate our balance sheet and effectuate an orderly and fair and
Read More
Cryptocurrencies are getting rekt.Crypto bluechips bitcoin and ether breached key $40,000 and $3,000 support levels late Thursday evening, sending the broader altcoin market into freefall.According to data from CoinGecko, the total market cap of the cryptocurrency industry fell 11% to $1.9 trillion as of Friday afternoon during U.S. trading hours,
Read More
Assen Vassilev, Bulgaria’s Deputy Prime Minister for EU Funds and Minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism.According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players
Read More