Meta (Facebook) Working on a New Crypto Asset
If only there was a leading social media ecosystem that could push its native crypto asset! Well, apparently, “Zuck Bucks” are the future as Meta is now officially working on its own crypto asset. Having completely forgotten about Facebook’s terrible reputation since the name change, it is now time for the next step. Recently, a […]
Crypto Billionaires Grow 60% in One Year
As a surprise to no one, more and more crypto billionaires are joining the rich club. In fact, the total number of crypto billionaires had over 60% increase in only one year. Naturally, leading industry executives and founders are on the list and the top dog has remained unchanged. So, without further ado, let’s take […]
US Legislators Oppose the Upcoming Crypto Regulations
Crypto regulations are coming and they are coming like Miley Cyrus riding a wrecking ball. The Biden administration is gearing up toward a massive wave of regulations. In fact, crypto regulations are now urged to be treated as a matter of national security. Needless to say, this is the same administration that printed massive amounts […]
Switzerland Will Freeze Russian-Owned Crypto Assets
There used to be a time when Switzerland held billions of gold for Nazis and provided excellent services for them. But now, the country known for neutrality is taking a stance against Russia since they will ban all Russian-owned crypto assets. As the war continues in Ukraine, the rush of sanctions seems to gain momentum […]
Cryptocurrencies Shine While Banks Disappoint (Opinion)
cryptocurrencies are at this point bombarded with highly coordinated and well-funded marketing endeavors. Unfortunately, we see technical terms flying around while they don’t mean nothing to no one. After all, nobody will be in it for the tech without some sweet returns on their investment. In a sad turn of events, the Russia-Ukraine conflict has […]
Bitcoin Crash, Gold is Up, What Now? (Opinion)
But, JP Morgan analysts said Bitcoin was a hedge against inflation! Steve Wozniak called BTC “Mathematically pure” and Twitter bros promised us it would be above $100k by now, what happened? You know when you download Dark Souls and within minutes you face the first boss fight and realize “well, damn! I’m not up for […]
Most Crypto Holders Are Ride or Die!
We all made a huge mistake, every single one of us, a mistake that would forever color our lives with pity and regret. The tragic slip, was that we didn’t buy Bitcoin in 2010, or 2011 or even 2020. When one reflects upon their past, Bitcoin haunts them as a possible life changing decision. Honestly, […]
0.05% of Crypto Transactions Account for Money Laundering
Ask any cynical person about cryptocurrencies and they will tell you that it’s a toll for money laundering. Frankly, considering the cryptographic nature of crypto transactions, it wouldn’t be a far-fetched idea either. However, a new study from Chainalysis revels that a tiny fracture of crypto transactions accounted for money laundering in 2021. Despite the […]
Over $1 Billion Liquidated in Crypto Market Crash
And we lived to see another market crash. Bitcoin is down 17.5% in only one week and the bottom is still unclear. According to Crypto futures trading information platform Coinglass, about $1,142,000,000 was liquidated in less than 24 hours. Bitcoin is currently, hovering between $35,000 to $36,000 following a brutal bear run. In the meantime, […]
ARK Invest Ventures into Crypto Market
ARK Invest, a prominent investment management firm has announced an upcoming investment in the crypto market. ARK invest has announced the investment to take place in the form of a merger. Specifically, the firm is merging with the stablecoin firm Circle mostly known for USD Coin (USDC). The news comes at a time when Cathie […]
Crypto Market Will Follow the Stock Market (Opinion)
As of January 2022, the crypto market has a total market cap of $2.07 trillion dollars. It is significantly down from the $3 trillion USD market cap from October 2021. Bitcoin alone is down 40% from its ATH. While the argument still remains that BTC is a hedge against inflation, the numbers and data proves […]
Rich Millennials Will Buy More Cryptocurrencies in 2022
A new survey conducted by CNBC indicates some interesting results about how millennials are planning to buy cryptocurrencies. The survey is mostly focusing on millionaire millennials, their current portfolio and the plan to develop it in 2022. Unsurprisingly, most of the participants have strong bullish positions on cryptocurrencies. Despite the bear market at the time […]