A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Grayscale investment, the most prominent digital asset manager in the world recently published a report, which predicted the end of the bear trend in the crypto market. The investment manager evaluated the status of cryptocurrency now to earlier bear markets. As a result, Grayscale estimates that the bear market may
July 21, 2022 2 mins read
CVI launched the alpha version of Armadillo. Armadillo is impermanent loss protection. Crypto Volatility Index (CVI) launched the alpha version of Armadillo, which now included further features and flexible pricing options. With the help of the CVI, customers can protect themselves against market volatility and impermanent loss. Also, it will
July 20, 2022 1 min read
Samsung starts producing 3-nm chips, which will be 45% more energy-efficient. The new chips are predicted to increase by 23%. The technology powerhouse Samsung announced at end of June, that they started creating new 3-nanometer (nm) mining chips that will use 45% less energy. While announcing the 3nm chip, Samsung
July 20, 2022 1 min read
The bill will provide standards for utilizing stablecoins. The regulator will have the authority to refund the victims. UK finance minister Zahawi announced that the long-awaited financial services and markets bill would be presented before parliament on Wednesday, in order to capitalize on the benefits of Brexit and transform the
July 20, 2022 1 min read
A license to operate in Dubai has been obtained by Singapore’s Fintonia Group. Ruler of Dubai announces a new Metaverse Strategy. Dubai Virtual Assets Regulatory Authority (VARA) has issued a provisional digital asset license to Singapore-based fintech investor and crypto fund manager Fintonia Group. The license placed Fintonia in the
July 20, 2022 1 min read
Crypto.com gained regulators’ approval. Crypto.com has over 50 million users worldwide. Today, the Singapore-based cryptocurrency exchange Crypto.com announced that the Italian monetary regulators Organismo Agenti e Mediatori (OAM) had granted it permission to operate in Italy to provide cryptocurrency and digital wallet services to Italian Users. Crypto.com is the world’s
July 19, 2022 1 min read
Daily trading volumes of Uniswap and Coinbase are nearly equal. Uniswap (UNI) traded at $7.39 with a market cap of $5,428,169,203. Despite the market condition, Uniswap’s trading volumes are now almost equal to Coinbase, overall Ethereum-based decentralized exchange (DEX) volumes are still insignificant in comparison to entire centralized exchange (CEX)
July 19, 2022 2 mins read
Yachtzoo accepting Shiba Inu and Dogecoin as a payment. Dogecoin traded at $0.066279 and it increased by 3.15% in the last 24 hours. Many high-end firms already accept cryptocurrency payments for yacht buying and financing. Following that, Monaco-based Yachtzoo collaborated with BitPay to provide digital currency payment services. Leading cryptocurrencies
July 18, 2022 1 min read
Top 5 cryptocurrencies of the week, BNB, XRP, DOGE, DOT, and AVAX. Binance is strongly signaling the buy trends. Since the beginning of this year, the whole cryptocurrency market has faced highs and lows and lost billions. Still, crypto enthusiasts have hopes and are trying to make the market steady,
July 18, 2022 3 mins read
Annual inflation rate exceeds the central bank’s prediction, rising to 7.3%. The price of constructing a new dwelling increases by 18% in a year. According to government data, the annual inflation reached a new 32-year high, increasing from 6.9% in the first quarter to 7.3%. Analysts predicted a 7.1% growth
July 18, 2022 2 mins read