Cryptocurrency Analysis and News Portal
BNB Chain, the world’s largest smart-contract blockchain in terms of transaction volume and daily active users, plans to make what it called significant improvements in performance, scalability, security, decentralization and infrastructure this year, according to a technical road map shared with CryptoX. Source
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We all remember what the 2008 subprime mortgage debacle was like. The situation was so destructive and almost brought down the global banking system that words like subprime mortgages, credit default swaps and collateralized debt obligations — which are normally part of investment banker’s jargon — became part of the
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A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments.ADGM Courts, an authority that supports the financial regulator Abu Dhabi Global Markets (ADGM), has implemented blockchain technology to help save significant time
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"Polygon's MATIC could be a core long position," one strategists said. Source
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The process of introducing a central bank digital currency (CBDC) is fraught with unknowns, some of which were elucidated in a panel of experts gathered Monday at the World Economic Forum in Davos, Switzerland. The panel concluded that good design is key to a successful CBDC, and there are fewer
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FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in a Twitter flood.In his view, there are three keystones to industry progress in 2022:
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Bitcoin (BTC) is currently approaching $40,000 after seeing massive gains in the first seven days of 2021. This is a 100% move up from the previous all-time high in December 2017. In other words, the price levels it took Bitcoin three years to recoup have now nearly doubled in a
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It is a truth universally acknowledged that speed kills, particularly in start-up land. Every new tech business is obsessed with the maximum addressable market and getting the “hockey stick” of hyper growth. For most immature and cash-strapped businesses, understandably, the quicker they can scale, the better, and ideally aided by
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Federated Hermes chief equity market strategist Phil Orlando considers the election and rising COVID-19 cases as threats to the S&P 500.Economists have lowered their forecast for the fourth quarter, projecting a 4.3% annual economic contraction.Growing uncertainty and nervousness in the markets amidst a declining economy pose major threats to U.S.
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“A pandemic-led acceleration of adoption.” That’s how Singapore-based DBS Bank describes the current state of digital assets in its quarterly report on cryptocurrencies published in August. It’s interesting to hear such an observation from a respected multinational bank and its chief economist, Taimur Baig. However, there have lately been murmurings about certain
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