Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on the quantities deposited by users, and it is designed to help […]
The present situation is a turning point in crypto markets history. Many have lost a lot of funds and this is sure to attract a lot of heat towards crypto. Its comparable to Bitconnect bust, but the key difference is that Bitconnect didnt peddle itself as a stablecoin asking people to park their savings there.…
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Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022.
In my 6 years of being in this rollercoaster i have seen countless of people lose their money taking too much risk and getting caught in scams, ponzi's, rugpulls, lies, traps, … you name it. Especially new people always get pulled in to these things and they believe all the smart words they get thrown…
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All bets are off as volatility takes complete hold of Terra’s tokens and a return to a U.S. dollar peg seems nowhere in sight.
“I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling,” said Coinbase CEO Brian Armstrong.
Kucoin, a Seychelles-based cryptocurrency exchange, has announced it has raised $150 million in a pre-Series B funding round. The negotiation, which was led by Jump Crypto with the participation of other investors including Circle Ventures, IDG Capital, and Matrix Partners, has conferred the exchange a valuation of $10 billion. The exchange will use these funds […]
Shiba Inu is proving that despite the previous weeks’ turmoil in the broader crypto market, it can stand its ground and be unfazed by what’s going on. Following a severe selloff in the previous session, major crypto tokens recovered on Wednesday. However, the increases were modest, indicating sluggish market confidence. Dogecoin and Shiba Inu, commonly known as “meme cryptocurrencies,” have seen the most growth in recent years, but they have also suffered significant losses as a result of this meltdown. Except for Terra’s LUNA and the dollar-pegged Tether, other major crypto tokens saw rises. Shiba Inu was up nearly 10%, followed by Avalanche, Solana, which rose 5%. BNB and XRP both climbed by 3%. Suggested Reading | Shiba Inu: Biggest Dollar Holding Among Wealthiest Ethereum Whales The cryptocurrency market showed signs of life on Wednesday, following the previous day’s precipitous drop, during which many of the leading coins lost 10% or more of their value. Shiba Inu is weathering the storm better than its rivals (The Goa Spotlight) Shiba Inu Outperforms Dogecoin Overall, the market is up a couple percentage points today, and when it comes to meme coins and tokens, Shiba Inu is outperforming its main competitor, Dogecoin. Despite a 70% collapse in the first three months of 2022, which left the token severely bruised and likely on the verge of extinction, it managed to crawl back up and remain in survival mode. According to CoinMarketCap data, SHIB is up roughly 5% in the last 24 hours as of this writing, and is currently trading at $0.00001615. Dogecoin (DOGE), on the other hand, is currently trading at $0.109833, up less than 1%. Given the influential people behind Dogecoin, it’s likely that its drop was not as worrisome in comparison to other cryptos on the market. In the wake of the broader crypto market upheaval, Shiba Inu struck a seven-month low yesterday, while Dogecoin is down to its lowest point in more than a year — since April 2021. SHIB total market cap at $8.15 billion on the daily chart | Source: TradingView.com LUNA Being Hammered The destabilization of UST caused panic selling of heavyweights such as BTC and ETH, increasing overall market volatility. The recent UST crisis exposed big weaknesses in the algorithm-backed stablecoin system, which will need to be addressed openly in order to regain investor trust. The value of UST’s counterpart, LUNA, has roughly halved in the last 24 hours. It was recently trading at $32 per share. The recovery of LUNA will be dependent on the remedial actions made by the parent network/Luna Guard Foundation, which has amassed a sizable Bitcoin reserve through a series of large-scale BTC acquisitions. … So Does Bitcoin Meanwhile, over the previous week, Bitcoin’s value has dropped by more than 20%. This affects everyone who has money invested in any sort of cryptocurrency, which is why many people are disposing of their holdings at an alarming rate. The exact day and time of when or if this decrease will come to a stop is unknown. Suggested Reading | Bitcoin Price Crashes Below $30K As Markets Show Signs Of Paranoia
Hello guys, i just stumbled upon a project that looks amazing and i am looking to invest. I need your guys oppinion on it, as i think you guys know better than me. This project has its LP in USDC and it seems to rock during this market crysis. https://coinmarketcap.com/currencies/theory/ They are allready working on…
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Let's be real, there's so much trash out there – and a lot of us have likely thrown a good chunk at some pretty wishful moonshots. Now as we go through what points to just the beginning of a bear market, it seems apparent that this could and will probably be a period whereafter a…
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