Cryptocurrency Analysis and News Portal
Chip manufacturing giants Nvidia and AMD have struggled this year, and the Merge could lessen demand for chips, but analysts see opportunities for investors in the semiconductor space. Source
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Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto State Street, a leading investment management firm, sees
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The San Diego-based chain Soapy Joe’s added NFTs to its list of membership benefits and saw a spike in customers visiting multiple locations to collect them. Source
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Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users. The exchange, however, simply cited “overwhelming demand” as the reason for its short-lived promotional campaign, which ended on Thursday
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Some cryptocurrencies are seemingly positioned for seasonal booms. One of such digital assets is Travala AVA. The network behind it is a travel solution company leveraging blockchain technology to facilitate seamless operations. The crypto community is currently surprised at the recent spike in Travala’s native token, AVA. The coin price skyrocketed
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As the Cardano Blockchain prepares for the upcoming Vasil hard fork combinator which would be set to go live on the Cardano mainnet in few weeks. The network upgrade would bring unique features like stable coins, greater scalability and throughput on the Cardano blockchain. Cardalonia, The Next Big Metaverse Thing On Cardano? $ADA,
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Ethereum price flashed recovery over the last 24 hours after it witnessed consolidation at the $1,800 price mark. Over the last week, ETH logged 20% appreciation. It has been a bullish week for the king altcoin. The last time the altcoin traded around this price level was almost two months
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Demand for crypto is improving and the intense deleveraging phase appears to be behind us, according to JPMorgan (JPM). Source
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Porter founder Jordan Meyer said the platform was also shunning legal risks with the move. “We are also no longer willing to take on the legal risk associated with bond offerings,” Meyer said, without saying what those risks might be. “For these reasons, we are pivoting away from the bond
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According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered with bitcoin miners that are
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