Crypto

Overall, 2021 proved fruitful for cryptocurrencies. As a result, many cryptos have reached new all-time highs and increasingly captured the interest of global financial institutions. The ride of Bitcoin toward $ 70,000 has monopolized the attention of enthusiasts. The same is true for Ethereum, with ETH outperforming BTC. The results of the crypto memes Shiba Inu and Dogecoin were also a surprise. Furthermore, we observed the advance of digital currencies defined as "Ethereum killers," such as Polkadot, Solana, and Chainlink.…

The cryptocurrency market has attracted different profiles of investors over the years. From experienced traders to people who had never invested before, the enthusiasm for the sector continues to grow. Investors more inclined to risk generally love the high average volatility of cryptocurrencies. If we exclude the stablecoins phenomenon, we know that the weekly price change in the market can be increased. It is good to keep in mind that volatility is a double-edged sword. When the market goes up,…

The Bank of Thailand will soon outline specific rules for the crypto industry to protect investors and the financial system. They will arrive in the form of a consultation on the “Financial Landscape” from the nation’s central bank next month. Thailand’s Rules On Crypto Central Bank Governor Sethaput Suthiwartnarueput explained the objectives of the forthcoming paper in an interview with Bloomberg on Monday. He said it would look for consensus regarding the “red lines” for the green finance and digital…

Hillary Clinton thinks cryptos have the potential to destabilize countries and even threaten the U.S. dollar's status as a reserve currency. The former Democratic presidential candidate voiced her concerns over the issues that the governments worldwide are facing. Speaking at a panel at the Bloomberg New Economy Forum, she named a series of new challenges that are emerging. These, she said, include disinformation and the rise of AI - as well as cryptos. "One more area that I hope nation-states start…

The dawn of cryptos ushered in what we can term as the next step in the evolution of money. Unlike the tradition of fiat currencies, they offer a financial world that lacks a central authority that controls the money-making process. In addition, transaction costs are comparatively cheaper thanks to its peer-to-peer network system. While the positives are in the open for all to see, cryptos' uptake by governments has been, at best, disheartening. This is because they prefer to stick…

Jonathan Toebbe – a US Navy Nuclear Engineer – was caught leaking secrets about nuclear submarines to an undercover FBI agent. Interestingly, the engineer was selling these secrets in exchange for cryptocurrency. Selling Secrets for Crypto? Details of the recent charges were released by the Justice Department on Sunday. Furthermore, the authorities accuse Toebbe and his wife for violating the Atomic Energy Act. Simply put, this law covers the regulation and disposal of nuclear materials in the United States. After…

October is off to an impressive start for the crypto space. Coin prices are on a significant high, showing possible momentum. However, this isn’t the first time that the market will start strong. Investors are skeptical about this rise, so they will want to check how the market performs. The Chinese Saga Continues The biggest story right now is the Chinese crackdown. This isn’t the first time that China will announce a crackdown on the crypto space, of course. Beijing…

Brazil's Chamber of Deputies imposed new rules on crimes involving cryptocurrencies. The new guidelines include harsher penalties which increase from one to two-thirds. By introducing this law, Brazil could fight against laundering activities using digital currencies. The bill awaits review from the Plenary of the Chamber before passing it into law. A New Age of Regulation in Brazil? As of now, laundering suspects face a jail term of three to ten years. The culprits also attract heavy fines for engaging…

Cryptocurrencies have rallied over the past year like never before in history. Most cryptos went as far as achieving all-time highs. Even with high volatility, investors do not seem to back down at any moment. As a crypto investor, it would help to know how to predict surges during a bull run to be at par with the rest of the community. Predicting the movement of crypto prices is complicated. However, with a few pointers, you can determine which cryptocurrency…