Elon Musk behind Quick Surge in Meme Coin Economy The global meme coin economy saw a quick boost when Elon Musk posted a tweet comprising a snapshot of his pet dog. Musk’s tweet, carrying Floki’s picture, showcased his dog dressed in ‘a black t-shirt’ with the logo which said ‘CEO’. Musk tagged the photograph as…
Cardano (ADA) is the native token of the Cardano blockchain and is used as a medium of value exchange on the blockchain. Cardano was developed to work seamlessly with the ETH blockchain. Cardano was created by Charles Hoskinson, a co-founder of the Ethereum blockchain. The key purpose of Cardano is to ensure multi-ledger operability and…
The enforcement action taken against the crypto exchange Kraken by the Securities and Exchange Commission (SEC) in the previous week has thrown the future of the practice of crypto staking in doubt. Coinbase, the crypto exchange based in the US, is prepared to launch its own crypto staking services after the incident. The CEO On…
Introduction Cryptocurrencies are the latest disruptive technology to come out of the 2000s. Blockchains claim to be decentralized financial ledgers but many of these projects are shrouded in controversies and issues. Ripple Labs and XRP is a good example of a blockchain project that has remained the source of confusion and debates within the global…
IMF’s Take on Bitcoin Tender Adopted in El Salvador International Monetary Fund (IMF) issued a comprehensive mission statement on 10th February 2023 on Bitcoin’s adoption as a ‘Legal Tender’ by El Salvador. In this connection, a delegation of IMF visited El Salvador for a week-long consultation on the subject of 2023 Article IV. The consultation…
In the past 24 hours, the price of Shiba Inu has taken a significant dip, falling by 7.5% to reach. Despite this recent setback, the cryptocurrency has shown resilience and remained positive. Over the course of the past week, it has experienced a slight increase of 1% and in the last 30 days, it has…
Introduction Most people are aware that there are many types of cryptocurrencies in the market. However, what most people do not know is that many of these cryptocurrencies serve different purposes. Monero is a cryptocurrency that is geared towards granting privacy and transaction secrecy to investors. This article is about Monero and how investors can…
The community of the Shiba Inu meme coin, SHIB, is determined to reduce the coin supply. They work hard to destroy more SHIB coins daily to boost scarcity and value. However, some users have yet to move their tokens from exchanges to the burn address set by the team. Despite this setback, SHIB fans remain…
The stock-to-flow model applied in Bitcoin is one of the most discussed topics in the crypto community these days. In this detailed guide, we’ll take a look at everything you need to know about the Bitcoin Stock to flow or S2F model. In a nutshell, the stock-to-flow model is popular because it possibly helps users…
Waterman Bates Review Working seriously on crypto trading necessitates a significant amount of effort. No wonder: if you want to learn how to earn a lot of money and know exactly how to do it correctly, you have to think hard about how to organize your work. And actually, this is the main reason why,…
According to data from CoinGecko, Bitcoin was under pressure once more on Thursday morning, as the leading crypto sank to a low of four weeks at $22,408 briefly. But, it had climbed back up once more at the time of writing to a value of $22,715, still below the $23,000 mark. Price action This latest…
Invest505.com Review Are you on the lookout for asset management, financial planning or wealth management services? Anyone who doesn’t have a very deep knowledge and understanding of the investment opportunities, but wants to make money in the long run have to take this route. The good news is that there are a ton of services…
According to a report published on Monday, there is more optimism amongst investors where the digital asset market is concerned and they are now investing more cash into crypto funds than earlier. On Monday, CoinShares said that the previous week had seen an inflow of $76 million in crypto funds, which makes it the fourth…
This guide is designed to help you if you’re new to the world of cryptocurrency and want to start your crypto trading journey. We’ll provide you with the best crypto trading strategies to help your get started. Cryptocurrency has lately become a very popular thing amongst investors around the globe. One of the main reasons…
Over the weekend, the price of Bitcoin dropped below the $23,000 mark, as investors were still digesting the US nonfarm payrolls data. This week, the focus is on the speeches that will be delivered by some policymakers of the Federal Reserve. Bitcoin’s drop Early Monday morning, there was a drop in the price of Bitcoin…
Survey of Institutional Investors of Bitcoin A survey on the future of Bitcoin has been compiled by Nickel Digital Asset Management with the cooperation of Pureprofile. The findings of the survey, which were published on 26th January 2023, revealed institutional investors’ expectations of Bitcoin. While Nickel was responsible for determining the findings of the survey,…
The last couple of years has been a roller coaster ride for the cryptocurrency market. For example, the third halving of Bitcoin took place in 2020, which saw a huge surge in the cryptocurrency’s price. This type of halving takes place every four years. After this, large-scale investors and corporates started investing rapidly in Bitcoin…
Leading operators conducted a survey, which revealed that the past year has seen Russian crypto mining facilities expand their capacity, even though sanctions have been imposed and the market is facing a downturn. The major factors that have contributed to this trend are the increased interest from domestic users and the decline in the prices…
Metaverse’s Step-wise Evolution People often disregard the ‘Metaverse’ on the pretext that it is far from reality i.e. a world that exists virtually only. However, with the passing of each day, the world is coming to know of the benefits which Metaverse is capable of providing. Initially, Metaverse primarily served as a place for online…
The widespread benefits of investing in cryptocurrency make it a compelling investment choice for many investors around the globe. However, since there is a steep learning curve in the field of cryptocurrency investing, you should start your journey with mirror trading. With the help of this trading technique, you will feel much safer as a…
