Cryptocurrency Analysis and News Portal
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of the so-called ‘Ethereum
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Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses two days later,
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Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market
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During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy has seen some healing as
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Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since then. While that value was erased from the stablecoin
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The $1.19 trillion crypto economy is now lower in value than the lows recorded in July 2021. During the last week, digital currencies like bitcoin, ethereum, caradano, and xrp, have shed significant value against the U.S. dollar, as the top cryptos have lost 50% to more than 80% from their
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In the great game of the world economy, the final boss victory for crypto would be to rob nation-states of the ability to issue legitimate money – at least, that would be the libertarian win condition.“Everyone who has been around long enough in crypto, if you scratch off the surface,
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From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible. In a recent essay, John Mauldin argues the economy is actually experiencing an “eight-body problem.” On today’s episode, NLW explores each of those dimensions shaping the challenge we face, including: In
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The Dow Jones extended its rally with a titanic surge to close the week. Unemployment numbers were vastly better than expected, catching a cautious Wall Street off guard. The stock market’s most visible cheerleader, Donald Trump, is back, and he says the U.S. economy is “a rocket ship.”
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