One of the largest bulge bracket banks in the world, Goldman Sachs, is in the news today after it recently joined forces to provide a helping hand to the world’s largest cryptocurrency. Institutions have had an on and off relationship with Bitcoin in the past. Consider Goldman Sachs for that matter as after having dissolvedContinue reading “Goldman Sachs joins hands with Galaxy Digital to trade Bitcoin Futures”
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The United Kingdom’s approach to cryptocurrency regulations has been measured, but it has matured in the post-Brexit financial landscape. Even though the U.K didn’t ban the whole crypto-sector, there were still some hiccups on the way, however. Looking at how things currently stand, did the crypto-community in the U.K evolve? Here’s a recent study toContinue reading “U.K’s crypto-users are growing in number, but do they even understand the asset class?”
The Bitcoin community has been in a feud with the centralized authorities for a very long time mainly because of the increasing restrictions and scrutiny the sector has faced. A majority of the proponents in the crypto ecosystem express a profound unease about central banks; many have equated cash to ‘trash’ and a ‘melting iceContinue reading “What is ‘bitcoin business driving’, for MicroStrategy”
Input Output, the blockchain infrastructure research and development team behind Cardano, the fifth-largest cryptocurrency came out with an announcement. According to the latest news, the IOHK team successfully launched the new version of the Cardano node, AlonzoBlue 2.0 to its testnet. Here’s the tweet for the same. LET'S GO: We are happy to share that we haveContinue reading “Cardano: Another ‘milestone’ achieved!”
Lately, many cryptocurrency analysts within the space have described the recent Bitcoin frenzy as a “make or break” moment for the market. Most traders are keeping a close eye on the asset’s trend, with the next few days being potentially crucial in determining its longer-term trajectory. Bitcoin has exhibited a parabolic movement for a veryContinue reading “These 4 Bitcoin metrics provide a reality check!”
Cardano, the fifth-largest cryptocurrency, has been constantly making news either with regard to tech developments or price movement. ADA has recorded an impressive surge since the time of its inception. As per the recent update broadcasted by IOHK media, ‘The first simple Plutus smart contract has this week been successfully run on the AlonzoBlue CardanoContinue reading “What about Cardano ‘shocks’ this Bitcoin Bull?”
Decentralized finance (DeFi) has seen a surging interest unlike amid the chaos of 2020. Last year alone, the ecosystem saw a massive surge in terms of total locked-in value; from a few hundred million to more than $20 billion in a matter of months. This surge caught the eye of many investors but institutions stillContinue reading “AAVE, MATIC, and DeFi projects: Why ‘banks should be scared’”
Altcoins, as a whole, have seen an unprecedented amount of development and adoption over the past year. Altcoin market dominance rose from an almost negligible share to above 55% in the present time. Earlier, investors who bet on Bitcoin and Ethereum (ETH) in the very early stages have made a significant chunk of profit. However,Continue reading “Why this market veteran is a fan of Cardano and Polkadot?”
Out of more than 1,600 and available cryptocurrencies in the market, Bitcoin and Ethereum are the most dominant and relevant ones. While the former remains the largest coin in terms of market capitalization, the latter takes the next spot. Having said that, Ethereum has had an impressive run in recent times even compared to Bitcoin.Continue reading “This Bitcoin analyst said he would ‘pick up a long’ at this range”
The price of Bitcoin, the world’s largest cryptocurrency, has been in a state of consolidation, which has left many investors pondering if Bitcoin will recover this cycle? If Yes, then when? The past few weeks witnessed quite a slump on the charts: consider this in April 2021, the price of Bitcoin stood at its all-timeContinue reading “Does Bitcoin have a ‘bullish ace up its sleeve?’”
Ethereum, the second-largest cryptocurrency, has gained interest from not only retail traders but also institutions over the past year. The key catalyst for its abrupt rise to fame in recent times has been its much-anticipated upgrade Ethereum 2.0. ETH/BTC ratio has almost tripled in the last 6 months. What does this mean for the altcoinContinue reading “Why this is ‘a great time’ for Ethereum?”
Decentralized money markets such as Aave or Compound pave the way for a more open and accessible financial system. Aave, one of the most interesting DeFi projects, was trading at the $280 price level; it however did witness a correction of about 2.5% over the past 24 hours. The 28th ranked coin has impressed a lotContinue reading “What about Matic and Aave is frankly going to be ‘madness’?”