Bitcoin (BTC) historically remains one of the highest-yielding asset classes, but the firstborn crypto appears to be underperforming lately. Amidst this market turbulence, long-term holders seem to be moving their dormant BTC to exchanges. Most recently, CryptoQuant discovered the reawakening of 15K BTC that had been dormant…
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According to the September 2022 KPMG’s “Pulse of Fintech H1 2022” report, the total global investment in blockchain and cryptocurrency was US$32.1 billion in 2021. The KPMG report noted that crypto-focused companies attracted US$14.2 billion during H1 2022.  Although the H1 2022 investment in blockchain and cryptocurrency…
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Michel S. Barr, the Fed Vice Chair for Supervision, says that the regulation and oversight of stablecoins and other private money, if unregulated, could pose financial stability risks to the US economy. “History shows that in the absence of appropriate regulation, private money is subject to destabilizing…
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These days, Web 3.0 and its prospects are the talk of the town in the crypto community.Continue reading on Medium »
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SOL is currently not performing quite well, which is an expectation considering the lingering bear market. The asset has struggled to keep its head above the $35 zone, hanging on by a thread. In addition, some analysts, taking readings from reliable pointers, are unanimously forecasting a more…
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With one of the most successful pre-sales of 2022, many investors are turning to buy into the Flasko (FLSK) stage one presale. Over the past several weeks, Flasko (FLSK) has been discussed by crypto experts and other participants and its most recent accomplishments have led to comparisons…
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In addition to a $1 million ad budget, climate groups want to influence institutions such as Fidelity and BlackRock to push Bitcoin to switch from PoW to PoS.
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Experts believe that India is in a unique position to benefit from Web3, given its large pool of Web3 developers and retail crypto customers, a report in The Times of India said. A quick rollout of 5G, for which contracts have already been awarded to telcos, can further boost…
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A court in South Korea is issuing an arrest warrant for Terraform Labs founder Do Kwon following the collapse of the cryptocurrency Terra (LUNA) and algorithmic stablecoin TerraUSD (UST). Citing information from the prosecutor’s office, Bloomberg reports that warrants were issued to Kwon and five others who…
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As more mainstream financial institutions on the Wall Street enter the crypto financial market, the correlation between cryptocurrencies represented by BTC and ETH and NSDQ increases. The strong interest rate hike by the Federal Reserve and the surge in the US dollar index have brought a more…
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