The revenue raised by Coinbase is nowhere near the estimates. Coinbase’s market share of the total crypto market cap in Q1 is 11.2%. The Securities and Exchange Commission (SEC), SAB 211, demands entities to release ‘form 10Q” disclosures that should include their financial statements and the details of crypto assets
May 11, 2022 2 mins read
Binance suspended the withdrawal in the Terra network due to high traffic in the environment. Traders worry LFG may sell BTC in the reserve to stabilize the current situation. The crypto market as a whole is facing a massive downfall for the past few days, every other coin has been
May 11, 2022 2 mins read
The cryptocurrency market is global and has great potential to earn full-time trading or even get profits sideways. It works 24 hours a day, 7 days a week, and 365 days a year. And no one can predict when there will be a massive event or big move going to
May 11, 2022 5 mins read
Binance Smart Chain (BSC), one of the lucrative blockchain technologies, runs on a proof-of-stake authority (PoSA) consensus which confers lower gas fees and faster transactions on the network. Staking is a more sustainable alternative to PoW-related mining where users earn rewards on their staked tokens. The staking protocols are evaluated
May 10, 2022 4 mins read
When it comes to acquiring Bitcoin, El Salvador follows a “buy the dip” approach. This is the country’s lowest-cost purchase to date. El Salvador, known as the Bitcoin nation, recently stated that it had acquired 500 BTC at an average price of $30,744 per coin, totaling approx. $15.4M. President Nayib
May 10, 2022 1 min read
Cronos is down 6.00% in the last 24 hours. The Velas Ecosystem comprises decentralized goods built on top of its chain. Let’s look at the top three most promising cryptocurrencies for 2022. Cardano (ADA) Although Bitcoin relies on a more energy-heavy proof-of-work method, Cardano has effectively deployed a consensus mechanism
May 10, 2022 1 min read
Primex Finance, a DeFi prime brokerage protocol, has announced the launch of the alpha version on its testnet. This version will let the users access and test the on-chain features of its upcoming mainnet. With this launch, the protocol progresses into its final phase of testing. Primex was founded in
May 10, 2022 2 mins read
Lending BTC and UST to maintain consistency in LFG Reserve Pool. Attain a $10 Billion BTC target by the 2022 third quarter-end. The LFG, the company backing Terra, has tweeted about their preventative action to avoid future market instability like the one they faced during the previous week. Insights on
May 9, 2022 2 mins read
30% tax on revenue earned through the crypto market and 1% TDS on crypto transactions. A step forward to the legislation of crypto exchanges in the country. The GST Council has said have appointed a special legal committee to overtake the imposition of 28% tax for all crypto-related activities such
May 9, 2022 2 mins read
Biconomy is down 9.07% in the last 24 hours. Uniswap is designed to maintain automated token trading. Let us look at the top 3 altcoins worth considering in May 2022 NEAR Protocol (NEAR) As part of a partnership with the Swiss non-profit NEAR Foundation, the blockchain community Sankore has launched
May 9, 2022 1 min read
