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Search Results for: inflation

In-depth Review of Prominent DeFi Analytical Tool ‘Defi.watch’

Introduction As a relatively new model, DeFi might prove to be a challenge for beginners, as well as experts who want to benefit from all of the available options. This led to the development of a comprehensive analysis tool that could be used by any prospective investors interested in learning

February 8, 2022 4 mins read

Axie Infinity (AXS) Price Surges 50% Amid Token Reward Re-structure

A 56 percent reduction in the daily supply of SLP tokens is expected. The outcome was that Axie Infinity eliminated potential sources of SLPs. The Axie Infinity (AXS) token’s value has increased by approximately 40% in only three days. Axie Infinity’s player-vs-player (PVP) tournament round has received a revised prize

February 7, 2022 2 mins read

Ray Dalio Criticizes the Rise of Crypto Adoptions Saying, “Digital Assets Are Boring”

American Billionaire Investor criticizes the growth of cryptocurrencies.  Ray Dalio shares that digital assets seek attention and are not interesting. Dalio is concerned about the US economy standing against Crypto assets.  Over the past year, as we all observe, the crypto sector is massively recording a huge growth all around

February 5, 2022 2 mins read

Crypto Market Makes a Strong Comeback, Bitcoin (BTC) Hits 2-Week High

Ethereum reached a high of $3,000 for the first time since January 21. US stocks rose, with the high-tech Nasdaq gaining ground. Over the previous 24 hours, the global cryptocurrency market capitalization increased from $1.70 trillion to $1.90 trillion, while trading volumes increased from $68.72 billion to $94.36 billion. On

February 5, 2022 2 mins read

Bitcoin Started New Year on Bad Note, Price Declined 16.8% in January

In January 2021, bitcoin gained 14.18 percent in value. BTC investors sold out in response to the US Fed Reserve statement. With increasing bond rates and other government policies taking a toll on bitcoin’s price in January 2022, the most popular cryptocurrency lost more value than in the same month

February 4, 2022 2 mins read

Investors Breathe a Sigh of Relief as Crypto Market Starts to Recover

Cryptocurrencies for the most part have gone in the same direction as equities. Year-to-date, Bitcoin is down almost 18 percent. Coins like Solana and Terra have seen significant increases in the past 24 hours. After a rough start to the year, bringing the market into the green for the month

February 1, 2022 1 min read

Ethereum To Reach $20 Trillion by 2030 as per Ark Invest CEO Cathie Wood

Ethereum’s inflation rate is said to be comparable to that of Bitcoin. Wood’s positive outlook on Ethereum inspires confidence within the community. Overwhelming attention in the crypto community is focused on Ethereum, the biggest altcoin by market capitalization. ETH’s inflation rate continues to fall, causing BTC to fade into the

January 31, 2022 1 min read

Famous Author Nik Bhatia Discusses Provoking Questions Regarding Bitcoin

The number of bitcoins held by publicly listed firms has steadily grown. It shows that the Fed aims to rein in and pump out easy money policies. After the meltdown, companies possessing bitcoin reported massive losses on their financial sheets. When Bitcoin’s value skyrocketed, the firms progressively increasing their BTC

January 29, 2022 2 mins read

Crypto Getting Too Much Attention, Says Billionaire Investor Ray Dalio

The hedge fund manager stated that cash is a waste of time. No more than 2% of investors portfolios into Bitcoin, says Dalio. American investor Ray Dalio, who founded Bridgewater Associates and is one of the world’s most renowned investors, believes that the cryptocurrency business is getting too much attention.

January 26, 2022 1 min read

Top 3 Coins That Gained More Than 1000% in the Past 7 Days

In the last seven days, the Mars Floki Inu gained 2,955.28 percent. The Croking utility token is a complex token built on Cronos Chain’s Hype. Over a trillion dollars have evaporated from the crypto market due to price declines in popular currencies like Bitcoin and Ethereum. On the other hand,

January 23, 2022 1 min read