Technology has grown exponentially within the last couple of decades. In turn, it has led to the banking industry revolutionizing over the years. This has also led to the emergence of internet payment technology. This means banks are no longer the only financial institutions…
Today crypto staking is a term that is very common in the crypto world. To understand its importance, we first have to know its fundamentals. It is among the process used by cryptos when confirming transactions. This is based on the proof of stake…
Nexo is a crypto interest and lending centralized platform that retains custody of your digital assets offering an APY of about 6-12% on several cryptocurrencies today, including Bitcoin, Ethereum, and Tron. One of the reasons why Nexo is a popular platform is because the…
The chief executive officer of FTX, Sam Bankman, is being compared to John Morgan. Bankman who has stepped in to save several cryptocurrency companies from collapse due to the current market crash now resembles John Morgan, the man, back in 1907. In June, FTX…
A Cryptocurrency Exchange Firm Suspends All Customer Withdrawals The ongoing crypto disaster has significantly impacted several crypto exchange companies and other projects. One affected firm has been forced to suspend all customer withdrawals from its platform due to the ongoing crypto market crisis. At…
A British Virgin Islands court has ordered that the Three Arrows Capital firm be liquidated. The company, which staked in everything from BTC to the dammed Luna tokens, collapsed to a wipeout estimated at around $2 trillion (£1.6 trillion) of the digital asset market….
The Meaning of Market Correction and Its Occurrence In 2022 Market correction is defined as a brief drop in the performance of the market. When compared to a market crash, it is less severe. Market corrections frequently occur in the crypto world because of…
A study conducted by the IMF has shown that the adoption of Crypto is higher in countries with higher corruption reports. In the survey, the IMF used seven variables to identify the most prevalent variable controlling the adoption of Crypto in 53 different countries….
Crypto Fund Investment, A Strong Performer in the Crypto Market Bitcoin has been seen as the best performing asset for some individuals in the last decade. However, Chain Capital says that the fund has been consecutively outperforming Bitcoin for the last five years. The…
Financial Expert Suze Orman Discusses Whether or Not Cryptocurrency Should Be Part of Your Investment Portfolio In April, Suze Orman stated that on her show, which is on CNBC and based on pre-recorded episodes, Bitcoin (Bitcoin) is a bad investment. It’s too volatile, and…
A rudimental investment plan can be expressed simply as “buy the dips.” However, this does not suggest that you should go all-in when the price of an is dropping. It means that you should monitor it when it goes down or purchase afterwards when…
Goldman Sachs Backed Loans as a Result of Cryptocurrency Giant Investment bank Goldman Sachs has allowed its clients to borrow cash using Bitcoin as collateral. The Bitcoin backed loan model was granted using a special lending department within the bank. According to experts, the…
