Cryptocurrency Analysis and News Portal
As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last
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Canadian crypto mining firm Bitfarms has already bought 1,000 Bitcoin in 2022, making its total holdings of the crypto asset more than $177 million.In a Monday announcement, Bitfarms said it purchased 1,000 Bitcoin (BTC) for $43.2 million in the first week of January, roughly the same amount the company added
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German neobank N26, one of the biggest European fintechs with over $9 billion in valuation, is finally ready to tackle crypto and equities trading after striving for a global expansion.Despite being an early player in the financial technology boom across Europe, the Berlin-based online bank N26’s global ambitions induced a
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That said, the technical indicator’s past record as a predictor of bear markets is mixed. According to research by Kraken, many of bitcoin’s previous death crosses, including those seen in 2014 and 2018, coincided with “either a sell-off in the days that followed or a continued macro downtrend that confirmed
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Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once regulations come into focus. Equity Strategist’s Crypto Predictions Mai Capital Management’s Chris
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BNB, the native token of Binance Smart Chain, went from $5 billion to $85 billion, Solana’s SOL exploded from $85 million to $55 billion, and Cardano’s ADA took off from $5.5 billion to $46 billion (though it was at $95 billion over the summer). To be sure, a dramatic rise
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The CEO of financial advisory and asset management firm Devere Group has predicted that three countries will adopt bitcoin as legal tender this year. He is more bullish than El Salvador’s president who predicted that two countries will make bitcoin their national currency. 3 Countries Will Adopt Bitcoin as Legal Tender
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Video game retailer GameStop has entered the non-fungible token (NFT) space. According to the Wall Street Journal, it is forming a division to develop a marketplace for non-fungible tokens and form cryptocurrency partnerships with crypto firms. GameStop To Build NFT Marketplace According to the WSJ story, the company has employed more than
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In the last few years, gaming has evolved to become something more than just a pastime. It is now a full-fledged industry with some of the biggest names in the business investing in it. Real money is being invested in virtual goods that don’t have any value in the outside
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Brian Chesky, CEO of Airbnb has hinted that the popular travel home-booking company may soon accept crypto payments based on a recent Twitter poll. Chesky Says Users Want Crypto A growing number of businesses are making crypto payment available to their customers. However, some businesses are taking an unusual approach to cryptocurrency
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