As Russia’s invasion of Ukraine continues to affect global financial markets, including the crypto market, crypto analysts at Grayscale Investments have shared their opinion on the long-term effects of this war for crypto investors. Grayscale (a crypto asset management firm) tweeted the lengthy blog post to benefit their huge Twitter followers. Why Did The…
The outrage from the crypto world has caused the EU parliament to delay a crucial vote in its highly expected crypto market regulatory policy. The mica (markets in the crypto-assets directive) was scheduled to hold its vote this coming Monday. Why The Vote Is Delayed The conclusion of the vote will lead to a negotiation…
Data from Kuna, a leading Ukraine-based crypto exchange, revealed that it is experiencing colossal transaction volumes on its platform following Russia’s attack on Ukraine. Coingecko data revealed Kuna’s trade volume has tripled within the last 24 hours and is close to $4m as of this writing. The Impact Of War On Ukraine’s Fiat Currency The…
The Chinese government hasn’t stopped its pursuit of eradicating crypto scams in the South Asian nation. Today, its law enforcement agents successfully penetrated a massive crypto Ponzi scheme, making several arrests and seizing several assets (physical and digital). A Popular Pyramid Scheme Is A Crypto Scam A Local news agency, Xinhua News, reported that the…
Cardano’s price hovered with slight upswings during Tuesday’s session. The alt has traded within a constricted range since touching January lows around $0.92. However, selling momentum dominated, forcing the alt to test new 2022 lows of $0.81 in February. Cardano traded with gains on Tuesday. Nevertheless, bulls could not sustain ADA’s momentum. Volatility and risk…
Secretum, a decentralized messaging platform founded on Solana, is looking to expand throughout Asia and Africa. Users can exchange SMS and trade digital currencies as quickly as getting messages sent on Secretum. It is the perfect reply for the Asia and Africa marketplaces due to the vast quantity of underfunded individuals and the rise in…
At a time when there was a general feeling that meme coin has come to stay and is considered a good alternative to the other coins in the world of cryptocurrency trading, Brad Garlinghouse, the CEO of the renowned fintech company, Ripples, has disclosed that he does not see the Dogecoin as beneficial to the…
According to retail data, there has been strong interest in the crypto mining equipment market in Russia from buyers of both new, as well as used devices. As a matter of fact, the demand for application-specific integrated circuit (ASIC) machines has exponentially multiplied this year, whereas the supply of video cards has been short, thereby…
It is no longer news to the cryptocurrency world that the CEO of Tesla and SpaceX who also doubles as the planet’s wealthiest man, Elon Musk, recently declared that his electric car company, Tesla, will start receiving payment using the dogecoin meme cryptocurrency. Elon Musk’s announcement contributed immensely to the upsurge of the dogecoin movement…
It was on Tuesday, December 14, 2021, when the price of Dogecoin (DOGE) ended up experiencing a rise in its price. According to the performance from TradingView, DOGE’s price experienced a sudden rise in its price. As a result, DOGE’s price experienced a surge that has put life back into the meme coin. According to…
In the history of mankind, no one could have predicted the upsurge of the crypto market the way we currently have it. Like a cause-and-effect, this generation shows us how important cross-chain tools are. Now, new generation networks, with high innovations, seem to be edging investors out of the reigning DeFi blockchain – Ethereum. However,…
Bloomberg Intelligence (BI) disclosed its outlook for the cryptocurrency market next year. The senior analyst at Bloomberg Intelligence, Mike McGlone, revealed that they predict that the United States will adopt digital assets and the necessary regulatory framework to boot. He added that the adoption is driven by the blanket ban in China of cryptocurrency mining…
Binance has put a temporary termination over the DOGE withdrawals following the occurrence of a trivial issue caused by the network update of Dogecoin. The issue seems to be dealing with still invalid transactions. The crypto exchange suspended the Dogecoin (DOGE) withdrawals on discovering the respective issue on 11th November. On the day before that,…
The running year started off on a perfect note for Solana (SOL). Among the majority of the major cryptocurrency assets, it is Solana that hit it off to a great start right in the beginning of 2021. Looking at the YTD performance of Solana, it is obvious how much the digital has grown since the…
BuffaloSwap HORN (HORN) is among the newly-listed top-performing cryptocurrencies in the past 60-minutes. The data shows that in the past 60-minutes, the price of HORN has experienced a 26.65% surge, bringing its price up to $6.84 per HORN. The trading volume that HORN has achieved since the launch is $195,374. The fully diluted market valuation…
There is no stopping El Salvador, a South American country, from going all-in on bitcoin. The country has purchased more bitcoins as the price has dropped by 20% to below $45,000. The drop created a massive buying opportunity, which investors are currently taking advantage of. This is El Salvador’s second purchase this week. President Nayib…
A high ranking official of the Bank of America, Haim Isreal, has opined that the metaverse holds massive opportunities for the broader adoption of the digital asset sector. Haim made his opinion during a recent interview with a popular crypto-related podcast. Vast Potential In The Metaverse Haim further said that the metaverse would be the…
Crypto adoption has been prevalent all over the world and more countries have been proactively thinking about it. While there are plenty of reasons for adopting crypto, one of the biggest ones is the tremendous returns that it offers. Believe it or not, very few countries were open to adopting crypto trading initially. As time…
American online retailer, Newegg, is the newest company supporting SHIB payments. The Shiba Inu token has been receiving support recently from various industries in various forms. Two days ago, the Kraken exchange announced the listing of SHIB on its exchange platform. Per an official announcement, Newegg will start supporting SHIB payments beginning this month. Newegg…
Prominent crypto exchange Crypto.com has announced a new partnership with Silvergate to expand banking-crypto solutions. Crypto.com revealed on Tuesday that its new partnership with the California state-chartered Bank is to allow institutional investors buy and sell crypto from the exchange using USD. According to Crypto.com and Silvergate, bank transfers are now available for institutional clients…