A new study by CoinGecko states that the metaverse sector is expected to move approximately $800 billion over the next two years. It also adds that the gaming industry is the most likely entry point into the NFT market. CoinGecko took a poll on Twitter to study behavioral patterns, demographics, and preferences of people towardsContinue reading “Metaverse sector may be heading towards $800 billion but here’s the caveat”

Standard Chartered’s Head of Crypto Research believes Bitcoin and Ethereum will end 2022 on a high note. He remains positive that a bullish outcome is in store for the two cryptocurrencies, despite the recent blip in April. Geoffrey Kendrick, Standard Chartered’s Head of Crypto Research, is the latest to share his verdict on the futureContinue reading “‘Use cases in things like Ethereum [ETH] haven’t really even been played’ “

Crypto Compare released their monthly report recently. The report focuses on development and adoption of various product types by analyzing AUMs, trading volume and price performance. April was a difficult month for the crypto industry with the flagship tokens largely faltering. Data up to 27 April says that BTC fell by 16.3% and ETH droppedContinue reading “With April seeing largest average outflows of 2022, is recovery a distant dream”

Different metrics are telling different stories for the flagship cryptocurrency. Bitcoin worth more than $2.2 billion has been taken out of exchanges in the past weeks. Investors are keeping the prized crypto asset in cold storage and private wallets. This can be taken as a huge bullish signal. Despite periods of market volatility, Bitcoin hasContinue reading “Would Bitcoin traders see a bull ride in the coming month”

A new crypto study has found that major obstacles await crypto adoption across the world. Bitstamp, a global cryptocurrency exchange, carried out the survey of over 23000 retail and 5000 institutional respondents. Major obstacles have been pointed out in the study for different regions across the world. For most respondents in the EU and UK,Continue reading “EU and UK represent a unique challenge for crypto adoption: Report”

Dogecoin’s whale transactions have recorded a near four-month high after recent announcements by supporter, Elon Musk. According to WhaleStats, Dogecoin is now in the top 10 by trading volume among the 2,000 biggest BSC whales in the last 24 hours. This happened after trading volume soared to $2.59 billion on 25 April. Dogecoin underwent aContinue reading “How the DOGE-Twitter correlation may play out in the future”

Cryptocurrencies are looking at a mainstream adoption by the next decade, according to a survey by crypto trading platform Bitstamp. In the early preview of the 2022 Global Digital Assets Pulse Survey, Bitstamp has released crypto trends from 23 countries. Bitstamp, a global cryptocurrency exchange, surveyed over 28,000 investors spread across to study the globalContinue reading “Crypto to overtake traditional investments? Here’s what the survey states”

Shibburn reports that burn activity has rapidly increased in the past 24 hours on the Shiba Inu burning portal. Over 1.4 billion tokens have been burnt in over 160 transactions. This one-of-a-kind burning mechanism was launched in alliance with Ryoshis Vision, an Ethereum-based DeFi project. The portal allows investors to burn their tokens and earnContinue reading “1.4B SHIB burnt in last 24 hrs- Here’s what to expect in coming weeks”

Brazil has finally passed the bill regarding the country’s crypto framework after months of anticipation. The bill awaits approval from the Chamber of Deputies before President Jair Bolsonaro signs it into law. It is then expected to be put in motion by the end of 2022. What is the framework? The Senate of Brazil hasContinue reading “Not late to the party, Brazil greenlights bill to regulate cryptocurrencies”

Michael Saylor, CEO at MicroStrategy, makes a tough prediction for Solana and Binance to come up against Ethereum. His comments come at a bad time for Ethereum community with their precious platform further delaying the Merge. In a recent podcast with Lex Fridman, Saylor was asked to comment on the future of crypto platforms, andContinue reading “The bullish case for everything from Ethereum-Solana rivalry and…”

Changpeng Zhao, Founder and CEO of Binance, in a recent podcast spoke in favor of a bright future for Bitcoin. The Bitcoin adoption process has already taken off in many parts of the world. But CZ is convinced there is much to come in an increasing divided world. What does CZ have to say? CZContinue reading “How Binance’s CZ makes a very optimistic case for Bitcoin in the future”

Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through. The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrestContinue reading “Ethereum: Despite breakdown below $3k, why ETH still holds upward potential”