China’s political and economic changes dominated last year’s headlines in Asia. The Monetary Authority of Singapore has set a high bar for crypto regulations. Despite China’s unexpected crackdown, Asia’s crypto industry thrived nevertheless, from Singapore to Thailand and Indonesia. Cryptocurrency’s ability to operate outside national borders is one of its
Jack Dorsey met with Aarika Rhodes, a US congressional candidate. Dorsey remains wary of Bitcoin’s potential drawbacks as well as advantages. Over $55 million has been committed by Dorsey’s Start Small project in the United States and abroad to test the feasibility of a universal basic income. Twitter co-founder and
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
Facebook has 2.89 billion users as of the last year, 2021. Meta plans to build the most prominent social media metaverse A lack of knowledge regarding blockchain and cryptocurrencies is the primary hurdle to widespread adoption. Social media companies are becoming involved in the game to push mainstream adoption, so
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
Crypto Donations of 2021 turned out to be the biggest year. The volume spiked to $69.6 million or nearly 16x in the same time. The average crypto donation size was 82x larger than an average cash donation. A report released from The Giving Block surprised the entire market. Thereby revealing
A total of $132 million in BTC has left the market this year. ETFs, serve as a proxy for the cryptocurrency market’s interest in Bitcoin. It was the third-largest daily inflow of Bitcoin (BTC) for the Purpose Bitcoin ETF, based in Canada. According to statistics given by Glassnode, investors contributed
BNB has a high intrinsic value and a wide range of potential applications. The Avalanche blockchain aims to provide DeFi developers with scalability. Investing in one of the almost 16,000 cryptocurrencies in existence today might be difficult. More and more cryptocurrency investors hope to make a killing by getting in
One Australian victim lost $952,000 AUD after falling for the hoax. Meta might face penalties and be forced to modify the way it advertises. Billionaire Andrew Forrest of Australia has filed a lawsuit against Meta for allegedly defrauding people using his identity in fraudulent cryptocurrency adverts. He claims that Meta
To prevent further declines, ETH must remain above the $2,600 support level. SHIB is trading similarly to DOGE from a technical standpoint. Bulls couldn’t hang on for long, and most coins have returned to their original red zone. Only Polkadot (DOT) had an increase of 1.35 percent. When compared to
