Tag: cryptos

Sep 23 2022

Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments

Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had begun to turn to crypto to circumvent these sanctions. In its most recent move, the Central Bank of Russia has moved to legalize crypto for cross-border payments. Russia Making Trade Better...

Sep 19 2022

European Market Sees Massive Decline Amid Crypto Bear

The crypto bear market has had a significant impact on investing patterns across the space. Where the interest peaked in the bull market of 2021, the reverse was the case during the bear trend of 2022. In light of this, there has been an impact on the download numbers of crypto exchange apps across the space. In particular, the download numbers of crypto...

Aug 19 2022

Blood On The Streets As Crypto Market Liquidations Cross $600 Million

Liquidations across the crypto market have quickly added up in the last day. Bitcoin had dropped below $22,000, triggering rapid losses for traders. These traders had obviously been following the recent bullish trend in the market but are now paying dearly for it. More than 150,000 traders have now lost their positions, leading to one of the worst liquidation trends to be recorded...

Jul 12 2022

Here Are Some Events That Point To More Decline In Crypto Prices

Over the last several weeks, there have been some events happening around the world which has affected the economic situations of many people. As time goes on, others have emerged that have continued to have an impact on the crypto market. In this report, we take a look at some of these events and the implications they carry for the digital assets in...

Investor Sentiment Nosedives As Crypto Market Sheds $50 Billion

Investor sentiment in the crypto market has been on the decline since the bitcoin crash in June but had begun to see some uptick once the price began to stabilize. That is until another dip sent the price of bitcoin back below $20,000 and has once more triggered fear in investors. The Fear & Greed Index which had been recording some recovery in...

Jul 11 2022

How Crypto Exchanges Are Handling The Bear Market, Bitrue CMO

As the crypto bear market rages on, investors have had to deal with multiple exchanges and platforms limiting/blocking withdrawals due to “extreme market conditions.” This is why we have reached out to Adam O’Neill, CMO at Bitrue. In this interview, O’Neill gives us a rundown of what has led to these limited withdrawals and what crypto exchanges can do to survive the bear...

Jun 26 2022

Influencers Intentionally Loot Millions From Crypto Community In Pump And Dump Scam

Two conspiracy theorist influencers have caused a lot of investors to lose crypto funds in a pump-and-dump scheme. They presented a portfolio of cryptocurrencies with dubious claims about authenticity and institutional backings. These claims aimed to create enough hype for the cryptos and raise their prices more than they should be. Given that they have already won the followers' trust, they could persuade...

Mar 29 2022

Crypto 2022 Prediction – Will this year be Bullish for Bitcoin, Ethereum and LUNA?

In the last few days, cryptocurrencies have been moving up again in price. Bitcoin and other altcoins rose within 24 hours, some even by double-digit percentages. But can this upward trend continue? What is the forecast for cryptocurrencies in 2022? Let's analyze in this crypto 2022 prediction article....

Feb 28 2022

Are Cryptos Good for Russia and Blacklisted Countries?

After Russia began an invasion of its neighbor Ukraine a few days ago, sanctions from the West rained down. Arguably one of the most incisive sanctions is Russia's ban from the Swift interbank trading. This leads to Russia's cut-off from the international capital market. However,...

Jan 28 2022

Mark Cuban Reveals His Biggest Crypto Mistake. Here’s How Much He Lost

No one is immune to bad decisions when it comes to crypto investing and Mark Cuban is an example of that. The billionaire recently revealed that he too had made a grave investing mistake that had cost him a lot of money. Cuban opened up to the New York Times in a recent report about how a lack of research had led him...

Dec 27 2021

BEWARE! These Cryptos might Lose a LOT in 2022

Many cryptocurrencies have greatly appreciated in value in 2021. But a massive gain in value in a bull market also carries the risk that the value can quickly fall massively again if the expectations fall short. Let's talk about 3 cryptos, with whom you should be particularly careful....

Oct 19 2021

Interactive Brokers Launches Crypto Trading For U.S. Investment Advisors

Brokerage firm Interactive Brokers Group has announced that it is launching crypto trading for investment advisors. The firm is bringing cryptocurrency investment to investment advisors in the U.S. to help streamline the process of investing clients’ funds in the market. Financial advisors are...

Oct 05 2021

Head of IMF Says It’s Difficult to Think in Cryptos as Money

Instead, Georgieva believes CBDCs could be the most reliable form of digital money.

Sep 19 2021

Australian Cryptocurrency Exchange Grows Among Veterans That Consider Bitcoin As A Legit Investment

According to the Australian cryptocurrency exchange, BTC Markets, Aussie boomers have become more familiar with crypto-asset investment. The country’s largest crypto exchange Bitcoin Markets have witnessed a rise in users in the past year. This is due to the increased number of older clients utilizing the platform. Following the data from one of the country’s largest exchanges, more older citizens view crypto assets...

Sep 09 2021

Cardano Founder Charles Hoskinson Praises El Salvador, Says Countries Need Crypto Strategies

El Salvador officially implemented its bitcoin law in September. Making it the first and only country to have crypto as a legal tender. This represents a big leap in crypto becoming more mainstream. A long way from its humble beginnings, bitcoin is now a recognized currency before hitting its teenage years. Following the success of the launch have been many positive reactions to...

Sep 05 2021

Majority Of Russians Say They Would Rather Buy Crypto Over Traditional Assets

Crypto has grown to be the investment of choice for a lot of people across the globe. This time, a poll carried out by the Association of Forex Dealers (AFD) has found the majority of Russians currently favor digital assets over traditional ones. The survey showed that options like fiat...

Aug 12 2021

Venmo Credit Card Holders Can Now Buy Crypto With Cashback

A recent announcement by PayPal has revealed that Venmo users can now convert cashback rewards to crypto. The new feature will allow credit card-holding customers to be able to purchase crypto on their accounts. But they would only be able to do so using the cashback rewards...

Jul 21 2021

Bank Of America Endorses Crypto Trading For Clients

A CoinDesk report revealed that Bank of America had reportedly started offering crypto trading to some select customers. The report stated that Bank of America’s prime brokerage unit had begun the clearing and settlement of crypto exchange-traded products (ETPs)....

Mastercard Plans to Enhance Its Card Program for Cryptocurrency Firms

The company aims to make it simple for partners to convert cryptocurrency to traditional fiat currency.

Jul 13 2021

Crypto Trading Volumes Nosedive In June, Down 42%

Crypto trading numbers from top exchanges show that the volume traded in June was down 42% from volumes in May. The report from CryptoCompare shows that the slump was due to a number of factors. Some of these factors include the low price of bitcoin. The digital asset hit the $28,000 region in June. Combined with the continuously falling volatility, total trading numbers...

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