Cryptocurrency Analysis and News Portal
The decentralized finance industry undoubtedly has vast potential — the value locked in it has exploded, surpassing $14 billion this month. Though there is speculation over whether decentralized finance is yet another bubble, I believe it is here to stay. How it stays, however, is another matter that depends on
Read More
Bitcoin price remained in a bullish zone and climbed above $30,000 against the US Dollar. BTC corrected lower
Read More
Bitcoin price extended its upward move and traded to a new all-time high near $29,250 against the US
Read More
As Wall Street predicts, the upcoming 2021 will be fruitful for Apple. Analysts expect the company’s revenue to increase to 15% in fiscal 2021 from 6% in 2020. Further, and profit growth is projected to double to 20%.Apple‘s excellent performance has brought Apple Inc (NASDAQ: AAPL) stock to a new
Read More
Bitcoin price started another increase and broke the $25,000 resistance against the US Dollar. BTC is gaining momentum
Read More
BitGo, whose investors include Galaxy Digital Ventures, Goldman Sachs and Valor Equity Partners, reported Wednesday that digital assets under custody have surpassed $16 billion for the first time, offering further validation that institutional demand has arrived. In an official press release, BitGo said institutional investors are seeking exposure to digital assets
Read More
A proposal by the U.S. Financial Crimes Enforcement Network (FinCEN) that would require crypto exchanges to collect personal information, including names and home addresses, from individuals seeking to transfer cryptocurrencies into their own wallets is poorly defined and could have widespread repercussions, say a number of regulatory experts.The proposed rule,
Read More
Bitcoin (BTC) may be circling all-time highs, but a new storm is brewing around its smallest subunit, the satoshi or “sat.”As more first-time investors pile in to BTC, attention is once again highlighting the fact that many still think Bitcoin cannot be divided and is “too expensive.”Buy Bitcoin? Too expensiveA
Read More
Quick take:The number of non-zero addresses on both the Ethereum and Bitcoin network is continually increasingBoth have hit an all-time high of 50.651M for ETH and 32.925M for BitcoinSuch activity on both networks is a clear sign of investor interest as well as the adoption of each digital assetPrice appreciation
Read More
Bitcoin’s ascent above $19,500 was cut short early on Tuesday, possibly due to profit taking by large Asia-based investors, according to one analyst.The top cryptocurrency fell from $19,555 to $19,035, with most of the drop unfolding during the two hours to 06:00 UTC, according to CryptoX 20 data.“I think Asian
Read More