Opinion

The crypto market is caught up in a bearish trend, according to analyst and economist Caleb Franzen. He said this in a tweetstorm earlier today, citing the poor performance of crypto-related equities. Franzen highlighted the performance of leading crypto-connected stocks, starting with MicroStrategy’s MSTR. According to him, MSTR is down 83% from its all-time high (ATH) and has lost 58% of its value year-to-date. Franzen also shone a light on Silvergate Capital’s stock, SI, which is down 64% from its…

Amid the bloodbath suffered by all of crypto on Monday, one digital asset collapsed hilariously harder than the rest: Terra. Yes, that includes everything – from the Terra (LUNA) governance token, to its so-called “stablecoin” TerraUSD (UST). The former is down over 75% on the week, while the latter collapsed below $0.7 despite intended $1.00 price peg. The token’s absolute meltdown has nearly removed it from the top 20 cryptocurrencies, despite being top 10 mere days ago. The ordeal has…

A good example of a cryptocurrency company attempting to increase its profile through professional athletics is Crypto.com's sponsorship of the 2022 FIFA World Cup in Qatar. FIFA and Crypto.com have struck a new deal to promote the exchange inside and outside the World Cup stadiums. As a reminder, the competition will occur in Qatar from November through December. A Few Words about Crypto.com Presently, Crypto.com includes over 10 million users, and more than 4,000 staff spread throughout the Americas, Europe,…

For many investors and fans, Ethereum is the most famous altcoin. Since its inception, Ether (ETH) has skyrocketed in value.  Starting at $0.311 in 2015, Ether has risen to about $4,800 late last year, with much volatility all along the way.  The project looks to be nearing a significant overhaul that will add new features and improve old ones. Among the numerous factors the market is watching, the new ETH staking mechanism may be enormous. Ethereum’s Current Issues To grasp…

The crypto industry has always had a glaring problem: a persistent issue of gender gap.  However, in 2022, the problem is not so persistent anymore.  Only a few years ago, the entire industry sprawled with men – on exchanges, in crypto communities, online or offline,  and at crypto conferences. As a matter of fact, men held the most crypto wallets, invested the largest sums of money and led (still lead) the most crypto outfits. Tyler Gallager, a Forbes Council member,…

As we all know, Bitcoin has been trapped under $50,000 since the start of the year. It’s certainly been difficult – for the average investor – to maintain bullish optimism. It’s gotten especially tough when the media spreads fear, uncertainty, and doubt about the asset class (aka ‘FUD’). See no further than Bitcoin obituaries for a taste of that. Most infuriating, however, is when that FUD bears no resemblance to observable reality. Whether from ignorance or malice, journalists are strangely…

The moment when Ethereum will overcome Bitcoin appears closer and closer. However, it doesn't seem easy to forecast the precise moment when ETH’s historical victory over BTC will occur. While we observe the market’s movements, there are several arguments made by experts to sustain ETH’s rise. A Quick Introduction to BTC and ETH First, it is essential to know the different stories that brought us BTC and ETH. Someone using the pseudonym Satoshi Nakamoto created Bitcoin (BTC) in 2008. BTC…

A government led by Pierre Poilievre would do more to make cryptocurrencies like Bitcoin more mainstream in Canada. The candidate promised he would "decentralize" the economy and lessen the power of central bankers. Canada launched a crypto-backed ETF in the past, and the crypto community in the country is very active. Many libertarian investors often say that cryptocurrency is an excellent way to get rid of government control over money. Bitcoin supporters say that it represents a valid strategy to…

A Twitter user under the alias "Domenic Iacovone" shared details of how a simple vishing scam led to a loss of his NFTs.  Iacovone has now launched repeated accusations at MetaMask and ConsenSys in the past 24 hours. On April 15th, a MetaMask security vulnerability came to light when a crypto investor laid a complaint on Twitter. He stated that he lost more than half a million pounds after a phone call from a number identified as 'Apple.' This was,…