Opinion

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 $1,792 trillion. Bitcoin increased by almost 18% to reach nearly $62,000 and set a new ATH. Ethereum increased by nearly 13% to trade above $1,800 again. XRP lost almost 4% of its value over the week. Binance Coin, Polkadot, and other altcoins continue to increase in value. The DeFi sector added almost $7 billion…

There’s been a quiet war raging behind the Bitcoin scene for years that most investors are unaware exists. The Bitcoin Store-of-Value (SoV) vs. Mode-of-Exchange (MoE) debate is perhaps one of the most heated discussions in Bitcoin. Both sides of this argument have gone to great lengths to further their cause and prove that they are right. However, it’s been 12-years since Bitcoin's launch, and no clear winner is evident. Here's a glimpse into one of the oldest and most controversial…

The crypto world is full of uncertainties; one can either be successful or drown themselves in utter failure. Specific considerations need to be in mind to build a profitable crypto company for token transactions and issuance.  Developing teams commonly analyze the overall market and design a convenient platform suitable to fit all users. Nonetheless, LCX.com, the Liechtenstein Cryptoasset Exchange, managed to construct a cutting-edge architecture that incorporates several functionalities into one interface. At the core of LCXs platform lies a…

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 $1,566 trillion. Bitcoin increased by more than 14% throughout the week to trade again over $50,000. Ethereum increased by nearly 24% to reach as high as $1,700. XRP increased by almost 13% to trade above $0.46 again. Binance Coin, Polkadot, and other altcoins gained substantial value points over the week. The DeFi sector added…

The crypto market bull run has led to an increased institutional interest in crypto-assets. However, a recent survey from American bank JPMorgan reveals that the current surge from institutions is not as widespread as initially thought.   78% of Institutions have no interest in cryptocurrencies  US news outlet business insider revealed this development in a report on Wednesday. According to the report, JPMorgan surveyed more than 3,4000 investors representing over 1,500 institutions globally.   The report discovered that 89% of respondents revealed that their…

Privacy browser Brave has announced the acquisition of "Tailcoat," an open-source search engine. This is part of its plan to introduce an alternative to the popular search engine, Google Search, in 2021.  Major development  Brave revealed the acquisition Wednesday via a press release on multiple platforms. According to the report, Tailcoat will serve as the foundation base for the upcoming Search engine.   Brave Search is a privacy-based search engine that seeks to provide a viable alternative to Google Search. At the…

The state of Kentucky lawmakers has voted to approve a bill providing tax breaks to crypto miners. This development could herald the transformation of Kentucky into a significant crypto mining haven in the United States.  Crypto Mining Bill Approved  U.S news outlet the Lexington Herald revealed this development in a report on Tuesday. According to the report, the Kentucky House budget committee approved a crypto bill tilted House Bill 230. The bill sought to remove sales tax dues from electricity purchased by…

Vietnam Ministry of Finance has warned citizens against the dangers of illegal trading and investing in cryptocurrencies. This comes following the growing popularity of cryptocurrencies, particularly bitcoin in the Asian nation.  A primary concern for authorities  As per a report from local news outlet Vietnambreakingnews the Ministry of Finance put out the warning on March 2nd, the story says that the ministry is wary that cryptocurrencies are associated with high-tech crimes in the nation.  The ministry noted that crypto trading…

The American multinational investment bank and financial services company, Goldman Sachs Group Inc, plans to reopen its cryptocurrency trading desk and start trading bitcoin derivatives.  According to a Monday report citing sources familiar with the matter, Goldman Sachs will sit within its Global Markets Division and "begin dealing bitcoin futures and non-deliverable forwards for clients from next week." Additionally, the banking giant will also be "exploring the potential for a bitcoin exchange-traded fund and has issued a request for information…