Cryptocurrency News
Cryptocurrency and blockchain technology have indeed brought about significant disruptions in various sectors, extending beyond just the global banking system. These innovations have had a profound impact on job creation. New Job Roles And Industries In The Cryptocurrency Space In the realm of job creation, the rise of cryptocurrencies and […]
During a bear market in the cryptocurrency space, when market conditions are unfavorable for traditional investments, there are several alternative activities and strategies you can consider to stay engaged and potentially benefit from the downturn. Here are five cryptocurrency-related options to explore: Educational Endeavors: Utilize the downtime to deepen your […]
Cryptocurrency has been making headlines lately, with some people becoming millionaires overnight by investing in it. But is crypto really a money making machine? The answer is yes and no. Yes, there is the potential to make a lot of money in crypto, but it’s important to remember that there […]
Cryptocurrency investors must exercise caution and discretion when navigating the volatile market. Several circumstances warrant refraining from making investments. First, sudden regulatory changes or governmental bans on cryptocurrencies can have a detrimental impact on the market. Investors should closely monitor regulatory developments to avoid potential losses. Technological Vulnerability Second, technological […]
The recent significant price drop in the crypto markets happened yesterday and it has left an atmosphere of uncertainty and volatility. The aftermath of this event has been marked by notable activities, particularly in the Bitcoin (BTC) realm. Large transactions of $1 million or more involving BTC have become conspicuous, […]
Cryptocurrencies have been the subject of much criticism since their inception. Some of the most common criticisms of cryptocurrencies include: They are a bubble that is bound to burst. They are used for illegal activities, such as money laundering and drug trafficking. They are too volatile and risky to be […]
LunarCrush, a social media analytics platform for crypto, has revealed the top trending cryptocurrencies for trading this week. The coins on the list have seen a significant increase in social media mentions and activity, which could indicate that they are poised for further price gains. The top trending coins for […]
A well-structured crypto portfolio allocation depends on an individual’s risk tolerance, investment goals, and market outlook. While there’s no “perfect” formula due to the volatile nature of cryptocurrencies, a diversified approach can help manage risk. A balanced portfolio might include a mix of: Core Holdings (50-70%): Allocate the majority of […]
Crypto staking involves participating in a blockchain network by holding and “staking” a certain amount of a cryptocurrency in a wallet to support the network’s operations. In return, participants receive rewards, typically in the form of additional coins or tokens. Here are some key terms related to crypto staking: Staking: […]
Entering the cryptocurrency industry can be exciting, but it’s crucial to make informed decisions. Here are five key factors to consider before pursuing a career in this field: Volatility and Risk: Cryptocurrencies are known for their extreme price volatility. Before diving in, understand the risks involved and be prepared for […]
Cryptocurrency is an industry that is taken for granted in the modern days. Most individuals need to learn of the potential financial freedom embedded within the ecosystem. When Satoshi Nakamoto generated blockchain technology, the goal was to take power from the monetary system and give it to individuals or citizens. […]
In August, Bitcoin’s address activity experienced a notable surge, reaching its highest level in 3.5 months, with approximately 1.07 million unique addresses integrating into the Bitcoin network. This influx of new addresses represents the most significant growth since April 17th. The increased utility on the network is a positive indicator […]
The endorsement of cryptocurrencies and blockchain technology by a group of thirty Canadian lawmakers, as outlined in the report titled “Blockchain Technology: Cryptocurrencies and Beyond,” highlights the growing recognition of the potential benefits and importance of these technologies. The report’s emphasis on the need for a national strategy indicates a […]
Federal Reserve Chairman Jerome Powell’s recent acknowledgment of cryptocurrency’s staying power as an asset class in the U.S. economy carries significant implications. Firstly, his statement indirectly suggests that cryptocurrency can potentially serve as a hedge against inflation, given its durability as an asset class. By recognizing the lasting presence of […]
The cryptocurrency market has been known for its volatility and unpredictability, but with the current state of the market and the massive adoption, especially territorial adoptions, it appears that the next few years will be bullish for cryptocurrencies. As an investor, you need to be prepared for this run to […]
NFTs and cryptocurrency are two investment options that have gained significant attention recently. Definitions: NFTs (non-fungible tokens) are simply unique digital assets that represent ownership of a specific item or piece of content, while cryptocurrencies are digital assets that can be exchanged for other cryptocurrencies or fiat currencies. Both NFTs […]
The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
An industry spread selloff in digital assets from significant exchanges and the fall of highly rated tokens like TerraUSD and Luna have triggered ripple effects across the crypto industry. The recent mass crypto liquidation wave has triggered fear of contagion risks. Major DeFi lenders Celsius Network and Babel Finance froze […]