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Bitcoin Sees 50% Value Drop Since Its Peak in November

9.5.2022
The financial market continues its struggle as the largest crypto in the world touches the 34,000 dollar mark. Bitcoin has fallen over 50% in market value after reaching its peak in November 2021. Its recent dip came after the stock markets faced a severe fall in recent days. The week started with...

Bitcoin Corrects Almost 8%; Will BTC Hit Its Support Near $34K?

6.5.2022
The largest digital currency, Bitcoin, faced the biggest intraday drop of more than 8% to $36,700. On the other hand, Ethereum was also down more than 7%, along with many other cryptocurrencies. It happened due to the tight monetary policy of the US central bank.  We think the market needs more...

Cryptos May Give 100% Return – Chainlink, Compound, and Seesaw Protocol!

19.4.2022
Introduction Decentralized Finance (DeFi) seeks to remove the bottlenecks in traditional financial institutions such as banks and is considered the biggest cryptocurrency revolution. Chainlink (LINK), Compound (COMP), and a new cryptocurrency, Seesaw Protocol (SSW), are driving the current interest...

Coinbase Launches Cardano Staking with 3.75% APY

25.3.2022
As a part of its plans to expand its staking portfolio, Coinbase will now allow users to stake Cardano. Staking is a standard method in the crypto space used for earning passive income from your digital asset holdings. A blockchain that uses the proof-of-stake model for validation will include your...

Russia’s Crypto Transactions Plummet to 50% Amidst an Expected Rise

14.3.2022
Cryptocurrencies have become a hot topic in the ongoing political conflict between Ukraine and Russia. While Ukraine is receiving crypto donations from all over the world, many believe Russia will join this trend. This claim is supported by the fact that economic restraints have been put on Russia...

Shiba Inu Surges 22% in Last 24 Hours; Will SHIB Continue Upto $0.000033?

7.2.2022
Shiba Inu is a famous meme coin along with Dogecoin. SHIB rose 22% in the last 24 hours. Before diving into the price chart and analysis, let’s find out what Shiba Inu is and why it is different from its competitor Dogecoin. Shiba Inu is an ERC-20 token created by Ryoshi. It is a decentralized...

Saxo Bank Forex Trading Volume Rises by 21%

4.2.2022
As the first month of 2022 passed very quickly, firms were eager to show their performance for the first month. The Denmark-based investment bank, Saxo, has posted some positive statistics for January. It appears that the bank has recovered from the dips it experienced as it was closing last year....

XTB Notes 69% Hike in Q4 Profits

3.2.2022
XTB, a Poland-based retail broker, recently released its Q4 report, noting a 69% surge in profits. The company also reported a 31.2% year-over-year jump in operating income, with other parameters showing immense growth. The growth ended up with the Polish broker amassing 183.6 million...

IG Group Sees 16% Net Trading Revenue Climb in H1 FY2022

28.1.2022
IG Group Holdings, the renowned financial services provider, recently released its financial report for 2022 H1. The report comprised data for six months ending on 30th November 2021, showing key metrics and statistics related to IG Group’s performance. The service provider noted a whopping 471.9...

Shiba Inu Surges 16% After Rumors of Robinhood Listing!

13.1.2022
The Canine-faced token Shiba Inu outperforms the large-cap meme coin and one of its rivals, Dogecoin. Shiba Inu is up more than 12%, while Dogecoin gains only 5%. The overall crypto market takes a bullish turn while most of the coins are up for almost 3% over the same time frame. After the US Labor...

Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey

9.1.2022
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for...

ClaimSwap Achieve a Growth of 150% in Active Wallet Users

6.1.2022
A little over two weeks into its launch, ClaimSwap has received an impressive boost in terms of acquiring new users and investors on its platform. According to the latest statistics, the growth registered by the swopping platform is around 150% when compared to the previous week. This exponential...

Sales of Mutant Ape Yacht Club Rise by 500%

29.12.2021
NFT represents the deed of ownership. It relates mainly to the selling of digital artwork. A person buying a piece of NFT owns the digital artwork. The right of reproduction may be retained by the original artist. Mutant Ape Yacht Club, an Ethereum-based NFT project, has a collection of 20,000...

SHIB Rises to 8% as Whale Acquires 4 Trillion Shiba Inu Tokens

22.12.2021
As per the reports from CoinMarketCap, Shiba Inu has increased by 8% in 24 hours. According to WhaleStats, an Ethereum whale purchased four trillion Shiba Inu coins in just 24 hours. Although the price of the Shiba Inu coin has recovered in tandem with the broader rebound, whales appear to have...

Axi’s UK Branch Ends FY21 with £1.9m Net Profit & 46% Growth

10.12.2021
AxiCorp Ltd, Axi’s London-based subsidiary, recently released its funds report for the fiscal year 2021. The report covered the period till June 30th and showed a whopping 46% growth. As a result, the company generated over 1.9 million pounds for business in the UK. Moreover, the company’s turnover...

Interactive Brokers Reports 22% Rise of YoY in November DARTs

3.12.2021
Interactive Brokers LLC, a prominent trading electronic venue in the United States, has revealed its November trading figures, which saw a 22% increase in daily average revenue trades, or DARTs. In terms of DARTs, the broker recorded 2.793 million for the month, 21% more than the previous month....

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