Decentralized finance has been turning heads for a while now, taking away businesses from centralized financial institutions and disempowering traditional middlemen. Its boom has been catapulted by institutional investors expressing interest in the space and millions of dollars flowing into it worldwide. However, regulatory bodies have been slow to catch on, with no definitive frameworkContinue reading “Japan calls for regulations on DeFi’s ‘benefits and opportunities’”

Oil prices rose significantly over the past few months, with gasoline prices climbing to seven-year highs. Its implications for the recovering economy could be far-reaching when rising inflation is looked at, pushing people to scramble for a hedge against it. Of late, cryptocurrencies have emerged to fill that void. In a recent interview with YahooContinue reading “Dogecoin may ‘end up badly,’ but where should you park your funds instead?”

The global crypto-market lost 2.29% of its capitalization in 24 hours, with volatility emerging as the norm. Bitcoin too depreciated by 1.29% and continued to trade below the $35,000 resistance level at press time. Several altcoins too followed a similar pattern as LTC and DOGE opened to bearish and volatile markets with rising sell-offs. AAVE’sContinue reading “Litecoin, Aave, Dogecoin Price Analysis: 09 July”

The constant volatility of the Bitcoin market has forced analysts to repeatedly change their lens from bearish to bullish and vice versa. Different market indicators, metrics, and analyses always tend to point in different directions, often flaming ongoing FUDs. At the time of writing, following months of bullish movement on the charts, the asset appearedContinue reading “Let’s face reality… Is Bitcoin’s bull run really over?”

The cumulative crypto-market cap rose as high as $1.46T on the back of a 2.08% hike over the last 24 hours. While yesterday’s BTC price dip had a bad influence on the overall market, the market had since stabilized. Similar to Bitcoin, DOGE too seemed to consolidate its holdings as it tried to enter theContinue reading “Bitcoin, Dogecoin, UNI Price Analysis: 06 July”

Cryptocurrencies in the past decade have taken the financial world by storm, and consensus on their endurance remains strong. As use cases emerge, adoption increases, retail and institutional investors flood in and countries scramble for regulation, the crypto story continues to be sprawled. But are countries worldwide ready? In a report prepared by CryptoHead, itContinue reading “Bitcoin, ethereum and other alts: Why only these countries are deemed ‘crypto-ready’”

A plunge in Bitcoin’s price over the past day led to the alts experiencing similar movement. The top coin lost 2.6% of its valuation during this time, while Litecoin and DOT too sank over 1%. The coins continued their downtrend at the time of writing, even as they moved in constricted price ranges, while maintainingContinue reading “Bitcoin, Litecoin, DOT Price Analysis: 05 July”

Several countries are discussing the adoption of digital currencies to be issued by their respective central banks recently, as cryptocurrencies continued to find a place in their financial systems. Following the April announcement, a Japanese lawmaker recently told Reuters that a clearer picture of Japan’s anticipated digital Yen would be obtained late next year. HidekiContinue reading “‘Digital Yen could reshape changes in Japan’s financial industry’”

For the better part of the last two months, Bitcoin held its consolidation range between $32,000 and $40,000, and 15% of the BTC money supply moved in this range during this period. Its hash rate took a fall on 25 June, post which larger block intervals have been noticed, the largest of which was 23Continue reading “What you need to know about Bitcoin’s ‘capitulation for the ages’”

Bitcoin’s 4.88% rise over the past day reflected in the positive price movements of altcoins too, many of which headed for recovery after incurring losses in late June. Several altcoins remained within a restricted price range since then, while market volatility remained low. Binance Coin registered significant gains in the past week, while Chainlink experiencedContinue reading “Binance Coin, Chainlink, Theta Price Analysis: 4 July”

If arms, bio-weapons, pornography, and illicit drugs were not enough, market places on the darknet have started listing stolen Covid-19 vaccines and fraudulent vaccine certificates on their catalogs. Customers opting for these illegal vaccination methods are also falling prey to scams, found a recent investigative report by Coinform. According to the same, vendors are sellingContinue reading “Bitcoin’s latest ‘use case’ on the darknet raises old concerns”

The global crypto-market cap’s 4.40% hike was shared by lower-ranked alts on their charts, with their prices moving in correlation with Bitcoin and registering significant double-digit gains over the past week. Tezos, WAVES, and IOTA were trading in the green within their constricted price ranges, at press time, and had started to consolidate the gainsContinue reading “Tezos, Waves, IOTA Price Analysis: 03 July”