Opinion

It would be great to understand all about the history, proficiencies, and prospects of blockchain technology and cryptocurrencies in general for crypto fans. However, the cryptocurrency revolution has spread like a wildfire that you cannot know about it in just one read. Before you enthusiastically get into crypto and make some regrettable mistakes, it is crucial to take a step back to try and comprehend what cryptocurrencies are about. While this guide will explain all basics regarding crypto trading, you…

A growing interest in cryptocurrencies and blockchains is steadily rising as individuals shift from the traditional financial system to the digital currency world. Blockchains, in particular, present impressive solutions focused on recording, maintaining, and securing data on a public ledger.  Despite introducing a practical data management feature, blockchain technology is still under heavy examination across the financial industry and beyond. Thus, it makes various regulators hesitant with the blockchain's applications and capabilities as they are delegated to assure the banking…

The recent rise in fraud, money laundering, and tax evasion cases has led financial institutions to focus on how they can apply underlying controls on their counterparts. Regulators worldwide have developed an interest in the frenzy and are continuously developing regulatory moves targeting market actors.  The aim is to ensure financial institutions align with the current security practices and measures like Know Your Customer (KYC). Several exchanges have employed their compliance to meet measures that have been set while others…

China has for some time now been in the development of a digital version of its native currency, the Digital Yuan. Possibly, the country could be the first to introduce a Central bank digital currency that could be adopted globally if the country allows.  One problem, however, is the regulating authorities all over the world, which have different regulations on crypto/digital currency-related activities. If China allows the coin to operate cross border, it would mean that investors will use it…

In the blockchain world, crypto-assets can be classified as either native coins or crypto tokens. Native coins are the more famous assets such as; Ethereum and Bitcoin. They act as a medium of trade both to provide a payment infrastructure or as an alternate currency. On the other hand, crypto tokens have wide use cases, usually based on the ecosystem they're based on and the issuing body. Use case models for crypto tokens are far from being entirely mapped out,…

We've all heard a lot about cryptocurrencies and blockchain. People talk so much about the good, and the hype could easily blind us from industry setbacks. Not like the drawbacks come anywhere close to what blockchain and cryptocurrencies provide. More people are adopting digital currency, and institutions are accepting them as payment.  Tesla CEO's acceptance of Bitcoin was part of what threw Bitcoin to an all-time high earlier in 2021. However, for anyone getting started in the crypto world, it's…

Cardano has been a big talk in the crypto world. As one of the major altcoins out there, it is billed as one of the few cryptocurrencies that stand a chance at challenging the dominance of Bitcoin. Bitcoin always enjoys the first mover's advantage, especially since it is by far the largest crypto by market cap. Hence, other upstarts are therefore required to table something better to stand out, or else they may not make sense in the market cap. …

Over the past weekend, bitcoin formed a decent support base at $32K and gained momentum above the $33.5K resistance zone. The price even broke above $34,000 to move into a positive zone, giving traders hope that a breakout was imminent. The BTCUSD pair formed a high near $34,600, but the bulls failed to gain more traction above this level. The largest cryptocurrency by market cap has now reversed much of the weekend gains after closing below a key moving average.…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,400 trillion. Bitcoin is down by more than 5% after a mildly fluctuating week. Ethereum has decreased by over 9% over the past seven days. XRP records a 10% value loss over the week. Dogecoin, Polkadot, and Cardano have registered small value drops in the past week. The DeFi sector gained almost $1 billion…