15.2 C
New York
Wednesday, May 15, 2024
Bitcoin has constantly outperformed gold in terms of profit margins. As a result, the digital asset swiftly surpassed the physical asset as the favored way of inflation hedging. When the news of Russia's invasion of Ukraine first emerged last week, it sent a shockwave through the financial markets. Other...
The price of bitcoin rose suddenly to a fresh height of approximately $45,000 in just one night on 27th March when everybody knew that the week will end on a bullish note. The data from TradingView and Cointelegraph Markets Pro portrayed that BTC/USD is rising to new heights after...
Yahoo Finance's Eric Duran highlights where people can shop using cryptocurrency.
                                                 Bitcoin is the world’s first digital currency. Many organizations as well as nations now recognize it. Though it is not under any banking system, it has become a serious contender to challenge traditional currencies. When we consider its history, we can see many fluctuations in its value.  We should follow...
Cryptocurrencies, especially Bitcoin, have been the talk of the town ever since the beginning of the year. With more and more people jumping aboard the crypto bandwagon, the frenzy is at a fever pitch.  The cryptocurrency market offers limitless potential for financial gain. However, trading crypto is very different from...
According to CoinMarketCap data on Friday morning, the crypto market cap climbed by only 0.13 percent in the last 24 hours to $1.80 trillion (10.20 am). In the previous 24 hours, the majority of the top ten cryptos have lost value, although the global crypto market volume has climbed...
Developers of numerous privacy coins have made up their mind that every necessary mechanism have been taken care of and ACEs can be regulated properly now. The privacy coins prices have gone up suddenly to a massive level and they include namely DASH, ZEC, XHV, and XMR. in the...
The Senate of Brazil has finally passed the bill that governs cryptocurrencies in a complete session and a regulatory framework will be created. This is the first bill of the country to build a framework of regulations for the industry of crypto. The Chamber of Deputies must sign the...
Blockchain network Stratis has informed that it has gone into a long partnership with the reigning monarch of southwestern Uganda, a kingdom with a million population. King Oyo of Tooro Kingdom is the youngest monarch who was crowned at the age of three. King Oyo has a keen interest and...
Cardano blockchain and its legal custodian and corporate arm, Cardano Foundation, have emerged as very active in promoting the PoS network on a global level. This feed has now got them special recognition, making them one of the top performers in the world of blockchain projects. CV Labs, a private...
Following two weeks of institutional withdrawals and volatile Bitcoin prices, institutional crypto funds investors redoubled their commitment to the decentralized ecosystem last week, making their greatest cumulative weekly net investments since 2022. According to a report, the overall net investment for the week was $193 million, led by institutional crypto...
Vitalik Buterin, the co-founder of Ethereum, believes that the transaction fees for Layer 2 need to be under a sum of $0.05 in order to be truly acceptable. Buterin made these comments as a response to a Twitter post from Ryan Sean Adams, the host of the Bankless podcast,...
Coinbase, a cryptocurrency giant announced that it has filed for an IPO on Thursday, joining the parade of startups pursuing an IPO this year. The company started in 2012 making it easier for consumers to purchase Bitcoin. Since 2012, Coinbase evolved into one conglomerate of industry standard-bearers and crypto-business, both...
In the last few decades, financial institutions have been relying on technology to simplify and optimize various processes. From computers that stored customer data and helped with calculations, banks now use machine learning in  cash forecasting  to accurately predict the cash requirements of each ATM.   Technology has undoubtedly helped financial...
How has the 22% decline in Ethereum's TVL from its high affected the outlook of professional traders? After a 16% weekly decline, Ethereum (ETH) breached the key 3,000 dollars support level on 11th April. On April 11th, bulls were taken by complete surprise when $104Mil in leveraged long futures were...
Researchers have indicated that Bitcoin stands at a critical point and is facing macro forces capable of influencing its movements in the coming months. During the latest update on the market on April 8, Decentrader called for extra attention to the yearly pivotal price of Bitcoin. Following two retests at...
Bitcoin and other cryptocurrencies continue to grow and a lot of investors and traders are showing interest in these digital assets. Bitcoin can be treated as a payment method, but a lot of people are investing in this digital currency to make huge profits. If you are looking to enter...
Uniswap, the decentralized exchange, has disclosed the setting up of a venture cap fund purely focused on Web3 investments. Uniswap Labs Ventures, the entity, will put funds into Web3 projects and companies. The company will invest during multiple development stages of technologies or projects that are linked to Web3, developer...
The global cryptocurrency market fell 4.71 percent over the last 24 hours to $1.90 trillion. The volume of trading fell 11.40 percent to $61.69 billion. Stablecoins accounted for 77.69 percent of the 24-hour cryptocurrency trading volume at $47.92 billion, while decentralized finance (DeFi) accounted for 13.68 percent at $8.44 billion. On...
Cryptocurrency is usually referred to as digital money. This is because it is all online and there is no physical coin or bill. Anyone can transfer cryptocurrency online without being dependent on institutions like banks. Bitcoin was the first ever cryptocurrency. It is also the most famous out of...