The inflation figures have shaken up the investment world this week. CPI has risen to 6.2% YoY in the month of October, which is now worrying even the top thinkers. The Fed vice-chairman stated last week that high inflation next year would be a sign of policy failure. However, anyone who has recently gone to …
Since August, the amount of bitcoin on crypto exchanges has declined, with no signs that this will stop. This shows investor confidence in the future of digital assets. Glassnode provides information on trading demand on central exchanges and found that trading demand continued to decline in the fourth quarter of 2021. At the same time, …
If CBDC and stablecoins rise, is this the beginning of the cash collapse? The COVID 19 pandemic has far-reaching implications for the world specifically for the economy and business operations. The main focus seems to be on the slow disappearance of cash. More and more people are starting to use digital currencies in a world …
The Securities and Exchange Commission (SEC) has rejected VanEck’s Bitcoin Spot ETF, according to the SEC’s published letter yesterday. Just recently, the SEC approved a Bitcoin Future ETF for trading. Officially, the SEC states that it has concerns about investor safety. If there is manipulation, the SEC can not guarantee protection for investors. However, this …
Bitcoin holders transfer large amounts of BTC, which could have a major impact on the entire crypto market. Whale Alert, a blockchain tracking service, found that a major holder transferred more than 15,078 BTC from anonymous wallets to another wallet. That equates to a cumulative total of $1.018 billion, while Bitcoin trades at $65,040. On …
Many experts believe that Solana could be Ethereum’s “killer” due to lower fees and faster transaction times. SOL is currently the fifth-largest digital asset with a total market cap of $71.7 billion, overtaking Cardano (ADA), which ranks sixth with $67.4 billion. Ethereum (ETH) ranks second with an estimated market cap of $564.7 billion. Solana rose …
Coinbase (NASDAQ:COIN) has released its earnings report for the third quarter of 2021. The report reveals the trading volume of the various coin pairs including. If you compare Bitcoin and Ethereum, you will notice that ETH has overtaken BTC in terms of trading volume for the first time in two consecutive quarters. In terms of …
The price of ADA increased by 10% and had reached a high of $2.3. Driven by large investors, the ADA price spike resulted in a rapid increase. As a result, Cardano is currently trading at $2.09, with a trading volume of $5.4 billion in the last 24 hours. Cardano’s market capitalization is $69 billion at …
The previous rise in BTC was fueled by increasing concerns about rising inflation and Bitcoin’s reputation as a store of value or “digital gold.” Limited supply and above-average yields have made BTC attractive to investors. In addition, more and more people now see other popular cryptocurrencies as a hedge against inflation. But after the unveiling …
Bitcoin (BTC) has set a new record at $68,500. This is the first time in history that we have seen Bitcoin prices at this level. Many experts and analysts still believe that the six-digit figure could be reached before the end of 2021. Bitcoin is currently trading at $66,436.31, down 2.50% from the new record. …