In 2021, Axie Infinity [AXS] made headlines for several months as the play-to-earn metaverse game swung into the GameFi space like a storm. Thus, building up a community of super-engaged players and investors. In late 2021 and early 2022, however, the fizz seemed to have left Axie Infinity. For their part, experts pointed to reasons […]

Rising inflation rates and decreased purchasing power still plague the people of Turkey, who are now turning to new and less regulated ways of safeguarding their wealth. Even mainstream media companies have noted Turkish crypto investors’ interest in assets such as stablecoins to serve as an inflation hedge. To that end, the crypto exchange KuCoin […]

While the crypto market mayhem might not be over, the OG non-fungible token (NFT) marketplace OpenSea has been recording impressive volumes. However, OpenSea’s competitor LooksRare, which launched on 10 January, has been breaking its records with regards to sales. Dune Analytics recorded that since the launch, OpenSea has clocked total volumes of over $965 million. […]

As the overall market recovery is slowly creeping in, altcoins like Chainlink too are looking at some sort of profits. But as enticing profits draw in new investors, certain other factors also hint towards a future where they might not gain returns as high as they might be expecting. Chainlink on thin ice? For any […]

While the interest in crypto markets skyrocketed, the NFT craze also saw a massive surge through the last year. However, it’s now time for the taxmen to check for tax liabilities from profits in these investments. IRS prepares for crackdown Bloomberg noted in its recent report that the NFT market worth an estimated $44 billion, […]

Throughout the whole of 2021, Aave had visited the $160 area only twice (after climbing past it in early January), until December. In December alone, the price tested this area on two separate occasions, a candlewick on a strong sell-off and a more rounded test of this demand region in mid-December. At the time of […]

Global cryptocurrency funds recorded sharp gains in 2021 after prices of most digital currencies surged to record levels, as per a report by BarclayHedge. Which in turn led to strong institutional interest, furthering the acceptance of cryptos by watchdogs worldwide, the firm noted. With that, the investment database firm recorded that the BarclayHedge cryptocurrency traders […]

If regulating crypto wasn’t hard enough, one particularly sticky area to navigate is the question of crypto ads and commercials. Across the Atlantic, this matter has been causing a row for quite some time. Now, new information has put the ethics of crypto advertisements under a brighter spotlight. The numbers are bonkers An investigation into […]

Shiba Inu had a strong demand zone at $0.0297 (prices are multiplied by 1000 times the current prices to reduce decimal places). It dipped beneath this area to a support level but has seen some demand at that level. However, the price has not formed a higher high, nor has it formed equal lows. This […]

One might be tempted to think that China has dropped out of the crypto race, due to its stance against crypto transactions and more recently, NFTs. However, the country’s latest CBDC adoption stats suggest that crypto news junkies should probably think again before dismissing the East Asian giant. Beijing begins with a bang According to […]

The quickly expanding world of Web3 has grabbed the attention of investors and developers alike and FTX is looking to dip their toes in it too.  FTX Venture FTX’s new branch call FTX Venture has been created with $2 billion set aside for funding new and developing companies in the crypto market. In order to […]

The recovering market is slowly losing its strength since the overall crypto market led by the king coin Bitcoin itself made barely any difference in the last seven days.  Bitcoin in a rut  Last week after Bitcoin dipped by over 13% in just a couple of days, some ray of hope came in the form […]