Cryptocurrency News
Nexo, a leading player in the crypto lending sector, recently increased its crypto lending offering. The company, which was the first to offer instant credit lines with crypto as collateral, announced it had added BTC and ETH to its recently-launched Earn on Crypto products. Users will now earn up to 10% […]
During a recent interview by the Cryptotesters podcast , the Nexo CEO, Antoni Trenchev provided a lot of insight on the Nexo crypto lending platform. Antoni talked about product offering, digitized gold, potential tax benefits, and more. With being a regulated entity, the company continues to position itself as a leading […]
Hester Pierce, a pro-crypto SEC commissioner, who is often referred to as “crypto mom” in the crypto community, recently predicted that there would be increased demand for crypto by investors. The SEC commissioner claims that investors will turn to crypto in a bid to diversify their investment portfolios. For a […]
The global economy is facing an unprecedented meltdown. No part of the global economy has been left unscathed by the COVID-19 pandemic. While most financial markets have been facing weeks of a meltdown, some asset classes have grown due to the crisis. One of these asset classes is USD-backed stablecoins. […]
Gold prices have recently hit 7 year highs as caution in the traditional markets continues to mount. With Gold prices surging, it’s evident that investors are piling into the asset class. It’s worth noting that some investors shy away from gold due to the complexity of owning it. The evolution […]
Bitcoin price recently formed a golden cross which has historically been very bullish. Despite the bullish indicator being triggered, Bitcoin has fallen sharply. The last 24HR BTC has dropped -5% and the last 7 days, Bitcoin price has sold-off nearly -7%. Why could the sell-off be considered normal price action? […]
Bitcoin price has consolidated the last week for the most part with some downside pressure. The last 7 days, Bitcoin price has returned -1.53% as the market shifted towards altcoins. Despite Bitcoin price falling the last week, it should be noted that technicals right now are highly bullish based on […]
Ripple has entered the Egyptian market via an agreement with the National Bank of Egypt, the oldest bank in the nation. This is part of a concerted effort by Ripple to offer financial solutions globally. With the agreement, Ripple has expanded its solutions to one more county. The Agreement According […]
DASH cryptocurrency has experienced strong upward momentum the last month. Many altcoins have done well the last month, but DASH is outperforming a majority of the market. We take a look at some of the potential catalyst that are causing DASH to accelerate. As outlined above, DASH crypto has been […]
Sanctions experts at the UN are warning people not to attend the North Korean crypto conference slated for February this year. According to a Reuters report, the conference violates sanction imposed on The Hermit Kingdom. An earlier report by the UN showed that North Korea had managed to make about $2 […]
Tokenization is the process of substituting a tangible or intangible asset with a digital equivalent, for identity, transfer and storage purposes. Tokenization has increasingly become the greatest craze in the IT industry. Because of Bitcoin’s solution to the double-spend problem, the Internet now has the capability to create, link or […]