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Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 Billion
4.2.2022
As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, usd coin (USDC) saw its market capitalization jump the most, increasing 18.9%...
The US Federal Reserve is making some analysts bullish on Bitcoin again
3.2.2022
Recent U.S. economic data could spoil the Fed's hawkish plans for 2022
How to Buy $RAVE Token?
1.2.2022
Overview of Ravendex and RAVE Ravendex.io is a new decentralized exchange, and Cardano-based AMM protocol developed to provide a dynamic crypto swap environment for multiple projects on the Cardano Blockchain exchange. When it was first launched, users at Ravendex can start swapping their crypto...
Australian Dollar Recovers While US Dollar Falls Further
1.2.2022
The week started on a rough note for the dollar as the safe haven dropped again on Tuesday. The currency has been on a falling spree ever since the Fed hinted at increasing the interest rates in March. On the other hand, the news spelled good news for risk-sensitive currencies like the pound....
Dollar Dips in Front of a Flattened US Yield Curve in Cbanks’ Big Week
31.1.2022
The weekend proved to be fatal for the US dollar as the currency dropped from its one-and-a-half-year high testing. The primary reason behind the dip was the Fed’s comments regarding the interest rate hike. The comments plummeted the US yield curve, putting it at its lowest levels in three months....
Bitcoin 'Doji' points to bullish reversal scenario as BTC holds $36K support
28.1.2022
BTC is more than 50% down from its $69,000 all-time high and traders seem to have no clue about the digital asset’s next direction
Crypto Markets Trim Losses, US Dollar Rises as Traders Digest Fed Statement
27.1.2022
Major cryptoassets including bitcoin (BTC) and ethereum (ETH) trimmed some of their losses from the aftermath of yesterday’s US Federal Reserve statement, with prices rising during the European trading hours on Thursday. Meanwhile, the US dollar extended a rally from earlier, breaking through...
Former CFTC chair Chris Giancarlo joins Digital Asset's board
25.1.2022
Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC
Goldman Sachs Sees the Metaverse as $8 Trillion Opportunity
25.1.2022
Global investment bank Goldman Sachs has predicted that the metaverse could be an $8 trillion opportunity. Several others have similarly predicted that the metaverse is a multitrillion-dollar market. Goldman Sachs Says the Metaverse Could Be an $8 Trillion Opportunity Global investment bank Goldman...
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?
25.1.2022
BTC price took an unexpected bearish turn in January, but are there any catalysts that could support a run to $100,000 in 2022?
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High
24.1.2022
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme asset dogecoin has lost 23.9% over the last seven days, while shiba inu’s value was reduced by 31.1%...
Does a Fed digital dollar leave any room for crypto stablecoins?
21.1.2022
Could stablecoins be undone by a Federal Reserve that takes consumer deposits? Would retail banks be hobbled?
US Fed Wants Answers To 22 Questions About Digital Dollar
21.1.2022
The US Federal Reserve (Fed) has released its digital dollar whitepaper, and is seeking answers to 22 questions related to its central bank digital currency (CBDC) project from a wide range of stakeholders....
Read More: US Fed Wants Answers To 22 Questions About Digital Dollar
Fed issues discussion paper on benefits and risks of a digital dollar
20.1.2022
"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper
High Oil Prices Boost Commodity Currencies, Dollar Rally Stalls
20.1.2022
An overnight change of fortune has resulted in a hike in commodity currencies like Canadian and Australian dollars. The hike was caused by a sudden surge in the price of oil which in turn supported the aforementioned currencies to take a firm hold in the market. The US dollar, however, came to...
US Senator’s Inflation Report Says ‘Its Only Going to Get Worse,’ Truflation Oracle Reveals True Inflation Rate
19.1.2022
America’s media, central bankers, and bureaucrats continue to debate the rising inflation in the U.S. that has raised the cost of living and increased the prices of goods and services nationwide. Senator Rand Paul, R-Ky., believes the inflation is “only going to get worse”...
Dollar Fails To Catch A Lift From Higher Yields, Bank Of Japan In Focus
18.1.2022
Bank of Japan’s meeting on January 18, 2022, has come out as a turning point for the current month. Two issues were discussed with the main emphasis on the Bank of Japan committing to fix its monetary policies. Another issue that the committee worked out in the meeting was the revision of...
Security of $BURG Token Gets Compromised. Investors Lose $770K
18.1.2022
Hacking in the domain of cryptocurrencies is not a new phenomenon. It has been around since the segment came into being, and the latest attempt was executed by hackers on Crypto Burgers. There is a security breach suffered by the $BURG token, and PeckShield Inc. has informed the people of the...
Chinese police unearth multi-million dollar DeFi rug pull
18.1.2022
The Chizhou police arrested eight people from different provinces in December and froze assets worth millions
Near Foundation Raises $150 Million to Bolster Web3 Adoption
14.1.2022
On Thursday, the Near Foundation announced the project has raised $150 million from strategic investors such as Three-Arrows Capital, a16z, Mechanism Capital, Dragonfly Capital, and Circle Ventures. Following the announcement, the Near protocol’s native crypto asset jumped more than...