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Tag: Recommendation

Central Bank Governor Says Kenya’s Position on Cryptocurrencies Has Not Changed

Kenya’s position on cryptocurrencies is still unchanged the governor of the Central Bank of Kenya (CBK), Patrick Njoroge has said. Njoroge latest remarks come as Kenya continues to cement its position as one of the countries on the African continent that has the highest adoption of cryptocurrencies. CBK’s New Stance of Cryptocurrencies to Be Unveiled […]

Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake

Nobel laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same MistakeNobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing […]

How can the Metaverse assist the meals trade?

Cryptocurrencies and the meals trade may not look like essentially the most intuitive pairing — one based mostly within the digital realm and the opposite firmly rooted within the bodily. But going again to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo […]

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Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy

Robinhood Reveals ‘Aggressive Goals’ to Launch Crypto Trading Internationally – Says Crypto Economy Has ‘Immense Potential'Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.” Robinhood’s Crypto Earnings, Expansion Plans Robinhood […]

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils

Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report UnveilsA roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in […]

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout

Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market RoutLast week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped […]

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’

Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners 'Was Pointless'In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash details that the hashrate limiter scheme introduced by Nvidia “did not […]

Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday

Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have re-entered the race. BTC/USD rose to an intraday high of $37,952.88 on […]

Uniswap Reaches Bearish Exhaustion as the Altcoin Consolidates above $9.55

The price of Uniswap (UNI) has fallen to the low of $9.55 as the bulls bought the dips. At press time, the cryptocurrency is trading at $10.88. UNI/USD is trading in the oversold zone of the market.

Blockchain and Cryptocurrency Is ‘Here to Stay and Impossible to Regulate at Large’ — CEO of a United Arab Emirates Based Bank

According to the chief executive officer (CEO) of the United Arab Emirates-based financial institution, Bank of Sharjah, blockchain and cryptocurrencies are not only difficult to regulate but are also here to stay. Despite this prediction, the CEO admits that many in the banking industry still do not fully understand this technology. A Revolutionary Technology The […]

Polkadot Resumes Range-Bound Trend as Buyers and Sellers Remain Indifference

The price of Polkadot (DOT) is trading in oversold territory and above $17 at the time of writing. The cryptocurrency's price action is characterized and dominated by small, indecisive candlesticks known as doji and spinning tops.

Nansen Report Highlights Growth of Defi and NFTs in 2021

nansenNansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. […]

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