Opinions
When making investment decisions, any extra bit of information you can get is invaluable. This is because the right information can be the key to unlocking your investment potential more so in the burgeoning digital asset space. To expound, an investment advisor is essentially a person or group that makes
It is a bloody Wednesday for the entire cryptocurrency market as several top digital assets record double-digit losses. The total market cap of the cryptocurrency lost more than $350 billion of its value overnight leading into Wednesday, May 19. Bitcoin, Ethereum, and several other top altcoins are sitting on losses
May 19, 2021, will be etched on the sands of time as a black Wednesday for the entire crypto industry. Bitcoin fell below $40,000 after several months of consolidating at the $50k region. Meanwhile, the entire cryptocurrency market has lost more than $350 billion in value. Data on CoinMarketCap
Opinions
Over ten years ago, Bitcoin was announced to the world as the first usable, censorship-resistant, and trustless decentralized payments network. However, the original cryptocurrency wouldn’t find much attention until a few years later. During the initial stages after Bitcoin’s launch, mining was nowhere near as competitive as it
News
The first Crypto AM DeFi & Digital Inclusion Online Summit is happening this week. This digital event is bringing an impressive line-up to discuss some of the hottest topics in the world of digital assets. The event is happening Thursday, 20 May, and will be a single-day event starting at
A group of Wall Street analysts said the current Bitcoin sell-off will likely push the price of the digital asset down to $40,000. According to a Bloomberg report, analysts from several Wall Street Companies claim that Bitcoin’s current price is bound to drop even further to a 200-day
Bitcoin’s recent negative price actions may be far from over, according to Carter Worth. Worth, who is the chief market technician of Cornerstone Macro, said that there is a possibility that Bitcoin could drop further to the $29k region. He said during a Monday appearance on CNBC’s Fast
News
In the wake of Tesla’s Bitcoin acceptance brouhaha, crypto energy usage and carbon emissions have become a hot topic. In light of this, Ethereum Foundation researcher Carl Beekhuizen has published an article estimating that Ethereum might be able to lower its energy consumption by up to 99.95 percent
Chinese officials are going hard on cryptocurrency. In its latest bout of crypto regulation, financial institutions have been banned from using digital assets in their businesses, either for trading or pricing. A Chinese journalist named Colin Wu made the disclosure. According to him, the new restriction follows a recent increase
MicroStrategy has continued to consolidate its Bitcoin holdings, actively buying the dip. The business intelligence firm just added another $10 million worth of Bitcoin to its portfolio. According to a May 18 filing with the U.S. Securities and Exchange Commission (SEC), MicroStrategy purchased S10 million worth of Bitcoin at
FinNexus, a cross-chain DeFi protocol for writing options exposure for several assets from a single collateral pool, has reportedly lost $7.6 million to the cold hands of hackers. The decentralized options platform reported the hack on Twitter on Monday, advising investors to withdraw their funds from the pool. We
Prime Experiences, a luxury yacht firm operating in North America, has announced that it will begin to accept Bitcoin payments for its services. The firm is confident that the move will be met with an immediate 40% growth from Bitcoin payments in its first year. In addition to accepting the
The year 2021 has brought a lot. Crypto prices have skyrocketed, the NFT market exploded, and DeFi continues to blow up, with a year-long almost uninterrupted surge. While DeFi offers a variety of services, such as DEXes, staking, yield farming, and more, lending still seems to be the leading type
Amid rising concerns over Bitcoin energy consumption, Galaxy Digital has published a report suggesting that the leading cryptocurrency consumes less energy than the banking and gold industries. Back in February, BTC PEERS published an article analyzing the amount of energy Bitcoin mining uses. At that time, Bitcoin was reported to
Opinions
If you've kept abreast of happenings in the blockchain world, then you've probably seen a couple of headlines about NFTs and the millions of dollars people are paying for them. Non-fungible tokens or NFTs as they are commonly called, are the latest sub-industry of blockchain that
News
Plutus, a pioneering DeFi start-up has received $5 million in funding from a prominent crypto fund, Alphabit, in light of their upcoming product release, a crypto wallet that includes both Ethereum and Bitcoin which could rival the likes of MetaMask. Bitcoin recently hurdled the $1 trillion market cap milestone which