Crypto Investment

Zhao Changpeng, founder and CEO of the global cryptocurrency exchange platform, Binance, recommends that individuals diversify their investments.  Although Zhao, also known as CZ, warned that he doesn’t necessarily follow his own advice as well. The CEO also assured that Binance users’ funds were "SAFU", as users dread another Terra repeat. "Investment Wise, I'm Not a Good Example" In a Reddit AMA – which means Ask Me Anything – the 44-year-old billionaire briefly discussed a myriad of topics in response…

It is only natural that the price of BTC changes following whales' transactions. Because altcoins have smaller market capitalizations, this effect is even more pronounced on their prices. The ways whales manipulate the market are inventive and can lead to heavy losses for small traders. In our guide, we look into the matter and reflect on how to protect a wallet against whales. Understanding the Concept of Whales The term "crypto whale" refers to a person or organization with a…

American multinational investment bank Goldman Sachs and British bank Barclays have invested in crypto trading platform Elwood Technologies. Elwood Technologies unveiled this news earlier today through a press release. The banks joined other renowned investors to raise $70 million in the company’s Series A funding round. According to the press release, Goldman Sachs co-led the funding round alongside Dawn Capital. The list of investors in the funding round featured both traditional financial institutions and digital asset companies. These include BlockFi…

Cyclically, inflation has become a hot topic in different economies. After years of near-zero (or even negative) inflation rate, the world is entering a new inflationary phase. Consequently, investors need to find ways to protect their portfolios during such periods. Our article will briefly explain how inflation can damage investment portfolios, a fundamental premise to the rest of the analysis. Going on, we will try to assess the power of cryptocurrencies to hedge inflation. How Inflation Puts Investments at Risk…

In 2022, the crypto market boasts a $2 trillion value. Bitcoin is trading for more than $40k apiece, and blockchain penetrates almost every industry. So, is it too late to invest in crypto? According to Rosie Rios, former U.S. treasurer, and Harvard scholar, "the train has already left the station." Rios broke the "bad news" for those still hesitating to jump on the crypto wagon in a recent CNBC interview. The ex-treasurer in the Obama Administration is adamant that “blockchain…

Building a new startup has become relatively easy in today's world. Also, you can complete its registration and most of the work online in just a few minutes. However, what matters is conceiving an idea that would become the next big thing and disrupt the tech sector. Several instances exist where founders of popular tech and social media companies reinvest their money into another company. This happens when they estimate the viability of their investment as potentially successful. Recently, prominent…