Author: hotcrypto
The ongoing bear market, which began this summer after crypto markets crashed alongside global financial markets, is showing no signs of slowing down. The ongoing bear market is responsible for some of the major occurrences in the cryptocurrency over the last few months, some of which are sure to leave long-lasting effects on the industry. An example is the wave of staff layoffs among major crypto platforms such as BlockFi, Coinbase and Gemini. Top ranking officials within these companies say that the reason for such drastic measures is purely insurance motivated. In hindsight, these layoffs seem well thought out as…
As humans, one of our primary missions in life is to attain financial freedom , i.e., buying and paying for anything we want when we want it without having to be scared or worried about not being able to afford it. This is a major motivating factor and driving force behind our working to make money on a daily basis. However, it is rather unfortunate that a good number of us toil/work daily, and there is nothing to show for it, not that we are not making money, but because our bills are greater than our income. You can change…
Orleans, Ontario–(Newsfile Corp. – July 5, 2022) – Celrbug has released their latest research on the state of worldwide Bitcoin adoption in 2022 and its projected future.The newly released report reveals some of the new adopters of the virtual currency in regions like the Caribbean, Dubai, and Morocco where Bitcoin has recently become more popular. The purpose of this report is to get a sense of where BTC stands among some of the world’s wealthiest nations, and where adopters of the currency might go from here.CelrbugTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8814/129992_9fa1c61504c698d5_002full.jpgTo find out more, visit https://celrbug.com/bitcoin-cash-adopted-in-barbados-dominica-grenada-u-s-london-dubai-india-burger-king-kfc-acceptingThe…
Advertisement     There exist over 1000 cryptocurrencies in the crypto market today. However, of this large number, only about 10% dominate the market and are more popular than the others. The dominant ones include Ethereum (ETH), Bitcoin (BTC), Tether (USDT), (XRP), USD Coin (USDC), Binance Coin (BNB), and Cardona (ADA). These dominant ones have always been perceived as more critical and highly valuable; therefore, they are often at the forefront of conversations around cryptocurrency. Of course, this has its advantages and disadvantages. One is that beginners looking to get into cryptocurrency often hear more about the dominant…
Several popular services can help you earn rewards on Ethereum. Here’s how you can start staking your ETH holdings. Ethereum’s merge is intended to introduce staking to the popular blockchain platform. These services make it easy to earn rewards by staking ETH. Some popular cryptocurrency exchanges support ETH staking. This is a convenient option for users who already invest in crypto on an exchange, as there is no need to move funds out of an exchange account before earning returns. Coinbase, Binance, and Kraken are among the exchanges offering ETH staking. Additionally, the trading app eToro offers ETH staking as…
Terra’s Luna Classic has enjoyed a bit of renaissance in the past week as its value saw a significant rise after the introduction of a 1.2% burn tax on all swaps. The token traded for as high as $0.00031131 during the week before losing some of the gains. As of press time, it is trading at $0.0002604. Regardless of this, LUNC is one of the best-performing cryptocurrencies in the prevailing bear market. Since its historical implosion in May, the asset has risen by over 25,000% during the last four months. In the last 30 days alone, LUNC is up 160.5%…
After the International Money Fund revealed it had approved a bailout package for Zambia, the Southern African country’s currency, the kwacha, rallied by 3.1%. Following this gain, the kwacha took the Russian ruble’s position as the world’s best-performing currency in 2022. Zambia Still ‘Has a Long Way to Go’ The Zambian kwacha currency, which currently trades at K15.40 for every dollar, became the world’s best-performing fiat currency when it was announced that the International Monetary Fund (IMF) had approved the $1.3 billion bailout for the country. With a year-to-date gain of over 18.25%, the kwacha has taken the Russian ruble’s…
News oi-Kuntala Sarkar | Published: Friday, September 2, 2022, 23:40 [IST] The cryptocurrency market is globally down today. On September 2, at 5.55 pm UTC, Bitcoin fell by 1.75%, and was quoted at US$ 19,793.50, in the intra day trading. Yesterday, Bitcoin closed at US$ 20,146. In the last 5 days, Bitcoin surged only by 1.14%, and in the past 1 month, it has dropped sharply by 13.92%. Additionally, in the past 6 months, its performance has been quite bearish, falling by 54.93%.Other major cryptocurrencies are showing a mixed trend today. Ethereum was quoted at US$ 1,585.29, down by 0.13%.…
Cryptocurrencies are evolving, which is no secret. It might be argued that the market could soon be experiencing a full-fledged bull run. Many cryptocurrencies have enormous growth potential, even though some coins may be overvalued. In this post, we’ll examine cryptocurrencies that could skyrocket in value in 2023: Flasko (FLSK), Ripple (XRP), and Shiba Inu (SHIB). Discover more about each coin and the potential investment benefits by reading on as Flasko a new presale token has recently been predicted to rise over 4,000% before the end of November this year. Shiba Inu (SHIB) investors buy into the Flasko (FLSK) presale…
VeChain (VET) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has added 0.33% to $0.02410311932. InvestorsObserver is giving VeChain a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on VeChain! Moderately Volatile InvestorsObserver gives VeChain a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. VET’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge,…