What is happening with the Ethereum (ETH) rate amid Zhejiang testnet update
The current market price of Ethereum (ETH) is hovering around $1570. If the price manages to consolidate above the critical level of $1670, it could be an encouraging sign for bullish investors. On January 31, the developers of Ethereum made an exciting announcement regarding the launch of the Zhejiang test network. The primary purpose of […]
Exploring the Factors That Could Ignite a Bitcoin Rally in 2023
As we enter 2023, the Bitcoin market is experiencing steady growth, offering a respite from the previous bearish conditions. Many investors are now asking whether this trend will continue and lead to a significant rally in the coming months. Recent data suggests that such a rally may indeed be on the horizon, with cryptocurrency quotes […]
The most profitable and unprofitable cryptocurrencies for the beginning of 2023
January 2023 was a month of growth for the cryptocurrency market, as the sector saw a resurgence after the prolonged crypto winter. The Bitcoin rate, which had declined by more than 70% due to the global economic crisis and the difficult geopolitical situation in the world, rose by 39.8% in value, reaching $23.42 thousand. Ethereum […]
What Happened in the Crypto Market While Everyone Was Sleeping: A Review of February 10th Developments.
Kraken, the popular crypto exchange platform, made the difficult decision to abandon staking operations in the US in order to resolve a legal conflict with the Securities and Exchange Commission (SEC). Meanwhile, the developers behind the Opera browser have exciting plans in the works. They are exploring the possibility of integrating the advanced language model, […]
What to expect from Bitcoin this February?
Bitcoin started 2023 briskly, but stalled in February The start of 2023 has been a strong one for Bitcoin, as it has seen its most intense rally in two years with a whopping 43% increase. However, in recent times, the momentum seems to have slowed down. The bulls appear to be facing some challenges, as […]
What is Staking and how do I Make Money With it?
1. Staking Staking is an innovative approach to earning passive income in the world of cryptocurrencies. By locking a specific number of coins in a digital wallet, individuals can participate in maintaining the stability and functionality of a blockchain network based on the Proof-of-Stake (PoS) consensus algorithm or its derivatives. The act of staking serves […]
PTPWallet vs. Coinbase Wallet: Best Wallet to Choose
Choosing between two crypto wallets can be a challenge for a crypto investor or trader. Most significantly, you want to be sure that your crypto wallet is not hacked and your digital assets haven’t been carted away like the difficult times of Coinbase. Thus, this establishes that you need a wallet address to transact in […]
A Critical Look into a Weekly Crypto Market Review
The effect of volatility on token prices in the crypto market has dropped recently. This comes as a result of the meeting of the Federal Open Market Committee (FOMC) last week, and the market is recovering its confidence again. The FOMC is presenting results that align with the market expectations. However, central banks across different […]
Everything You Need to Know About Real Estate Tokenization
Taking a critical look into the disrupting concept of non-fungible tokens (NFTs), it appears that you can virtually turn anything – like real estate – into tokens and sell for an affordable amount. This exploding tokenization capacity is creating a new market in the crypto space, and many investors are jumping on it. The increased […]
Crypto Tax vs. Crypto Traders: Conflicts of the Crypto Space and Tax World
In the past few months, the buzzwords have been “cryptocurrency, DeFi and NFTs.” This is due to the popularity of how individuals are leveraging cryptocurrency to create wealth and make it a source of income. The major advantage is the leverage of blockchain and how decentralization allows financial inclusion regardless of race, age, color, and […]
Top 10 Mischievous Crypto News No One Told You in 2021
When you take a critical look into the publicity given to the crypto industry, you would think that sad events are not occurring in the space. Cryptocurrency adoption is taking the upward ride. But despite the financial advantage, the truth remains that there are many gloomy cases in the crypto space. An increase in publicity […]
Explained: Makers, takers, and tariffs on crypto exchanges
Many crypto trading platforms operate on maker/taker systems. Users placing orders become either makers or takers. The market makers and takers pay commission for conducting trade on the exchange. However, the commission rates are dependent on the role the trader or client plays in the system. The rates also vary on different exchanges based on […]
Wear-to-earn NFTs Disrupting the Fashion Industry and the Metaverse
The Metaverse and Web 3.0 will cause a lot of disruption across different industrial sectors. This will also happen in the global fashion industry scaled as a billion-dollar industry. It is no news that the world is taking a paradigm shift into the digital era from the physical world. Likewise, design in the traditional fashion […]
Top 6 Crypto Trading Tools Every Trader Needs
With the increased adoption of cryptocurrency across different sectors, the number of participants keeps growing, and attention towards the space keeps spiking. As a result, individuals and institutions seek ways to get involved in the crypto space. However, the most active participants are traders. And they are the major market movers. Conversely, traders are looking […]
Metaverse land sales gross $100M in a week and other key events in the crypto
The crypto-verse comprised notable events in the past week. First came a prolonged bear trend that saw the entire crypto bleed significantly. Triggered by multiple factors, including fears of the new Omicron COVID strain, this bear market saw BTC plunge from over $59,000 to trade as low as $42,874.62. The bearish sentiment also extended into […]
Report: Crypto and NFTs are disrupting the charity industry
Giving Tuesday underwent a technological revolution this year, with multiple organizations embracing crypto and NFTs to attract donations from the spaces. A report unveiled this news yesterday, noting that these changes come after multiple leading crypto players announced support for charitable causes. An example is Gemini, a renowned crypto company founded by the Winklevoss twins. […]
How to Pay Tax on Cryptocurrencies?
Cryptocurrency taxes are complex because they have been classified as property for federal income tax purposes. Secondly, they are classified as currency for certain state rules such as sales and capital gains taxes. In many countries, cryptocurrencies are taxable. Every country has its own set of rules, so double-check with a tax professional before deciding. […]
Security vs. Innovation: Confluence on How Crypto Adoption Can Play Out
If you have been observing the news and the industrial trends, you would agree that there won’t be a year without a new development in the cryptocurrency space. In a few years, we saw trends running from initial coin offerings (ICOs) to non-fungible tokens (NFTs). Despite the innovations taking place in the industry, crypto companies […]
What are Cryptocurrency Derivatives?
The crypto market is expanding rapidly, and while many people are still hesitant to enter the sector, there are several new trends in progress. Derivatives based on cryptocurrencies are one of these trends. These might be options or futures contracts on specific markets, such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), etc. Cryptocurrency derivatives have […]
4 Crypto Adoption Expectations to Play Out in 2022
There has been a lot of dramas in the crypto space in 2021. We are witnessing another year’s end where most cryptos have a firm ride on the bullish line. We witnessed different cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) reaching a new set of all-time highs. But there is an important question we […]