Cryptocurrency Analysis and News Portal
The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO Jesse Powell retweeted an announcement stating that the exchange will close its global headquarters at 548 Market Street, in the center of San Francisco. In the statement, a
Read More
As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds of the population. Under Sanctions, Russians Consider Buying Property, Gold,
Read More
According to figures from Coinbase and Coindesk, cryptocurrency values have risen nearly as swiftly as they fell, with some analysts referring to Bitcoin’s capacity to act as a safe haven asset during times of global turmoil. The cryptocurrency market cap reached $1.7 trillion today, indicating that the broader crypto industry has
Read More
Crypto is going mainstream, and the world’s younger generation, in particular, is taking note. Cryptocurrency exchange Crypto.com recently predicted that crypto users worldwide could reach 1 billion by the end of 2022. Further findings show that Millennials — those between the ages of 26 and 41 — are turning to
Read More
Dibb added that the combination of war, supply constraints, booming commodity prices and zero rates is a textbook recipe for stagflation. While the crypto community still strongly considers bitcoin as a better store of value, past data shows the cryptocurrency is predominantly a risk-on inflation hedge, meaning it outperforms other
Read More
Taiwan-based virtual reality headset manufacturer HTC, considered to be a metaverse proxy stock because the company’s Vive headsets are an essential tool for VR-based vision, was seemingly spared by Meta’s recent stock decline. HTC Taipei-listed stock posted a 5% gain by mid-day Monday as the markets in Taipei re-opened after
Read More
“When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands
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
Decentralized finance (DeFi) is one of the fastest-growing sectors of the crypto industry, with $92 billion worth of crypto assets currently locked in peer-to-peer powered protocols – up 196% over the last year.This growth can largely be attributed to the many lucrative, high-interest earning opportunities available across DeFi lending and
Read More
Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum
Read More