For the last two months, the global cryptocurrency market cap has plunged from $1.7 trillion in the beginning of May to $929 billion. During the last two months, cryptocurrencies have lost tens of billions. The market cap is only $929 billion as of June 24. When the market it completely depend on investors with not […]
Few weeks ago, when I looked at my phone under the crisp spring sun, I was taken over by panic. The cryptocurrency market had crashed; all of my investments were down significantly. After few moments, I exhaled and said, “It’s a volatile market, it will recover soon.” But till day the slump in the market […]
Crypto asset management, in essence, is the practice of buying and selling digital assets. But, unlike the usual purchasing-selling procedure, you’ll need to use the asset as an investment while maintaining a portfolio for the same. It’ll help you track the course of growth in value and ensure that your acquisitions have been successful from […]
A Chainalysis report shows that global cryptocurrency investments increased by 400% in 2021, with Bitcoin up 60 percent to $46,300 and Ethereum up 400% to $3,650. While bitcoin saw a 60% gain and ethereum rose 400% to $3,650, the report cites other statistics indicating that profits will continue to skyrocket. The United States leads the […]
Russia’s Central banks make a move against Cryptocurrency. Russia decides to impose a ban on cryptocurrency trading and mining. Pavel Durov, the founder of the telegram, says that “Russia’s Crypto ban might drive out IT professionals and no developed countries ban cryptocurrencies.” The third-largest Crypto mining nation outlaws Crypto trading and mining. Russia’s move against […]
Bitcoin value drops after U.S. Fed suggests an increase in interest rates. Crypto value also dropped due to the internet shutdown in the world’s second-largest bitcoin mining hub, Kazakhstan. The U.S. Federal Reserve suggests raise in interest rates While the U.S. Federal Reserve announcement to raise interest rates may have dropped bitcoin value, the crypto […]
The US dollar remains the world’s most seminal and iconic international currency, and one that features on one side of around 88% of all global forex transactions. Not only is the US dollar the most widely traded and crucial from an historical perspective, but it’s also the world’s largest foreign reserve currency and remains the […]
