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The cryptocurrency market has been on a rollercoaster ride for the past few years. In recent weeks, the Crypto Fear and Greed Index, a metric that measures the overall sentiment of the market, has hit a 17-month high. This has sparked concerns among investors that we may be headed for a crash. In this article,…
The dollar is America’s superpower. The dollar dominance gives Washington unparalleled economic and political clout. The United States can unilaterally impose sanctions on countries and shut them out of much of the global economy. If Washington spends freely, its debt, usually in the form of Treasury bills, is sure to be bought up by the…
What is Crypto Yield Farming? Crypto Yield farming is a term that has recently become popular in the world of blockchain and cryptocurrency. It’s a method of earning rewards by providing liquidity to a decentralized platform, specifically a decentralized lending platform, decentralized exchange (DEX), automated market maker (AMM), or yield aggregator. Yield farming involves investing…
Crypto News Highlight: This week has been a very eventful week in the crypto market as we bring to you crypto news reports that transpired over the week, sit back, grab a bottle of chilled juice, and enjoy your read. The highlight of our crypto news highlight is the integration of the USDT transfers into…
Crypto Wallet Prototype Found in Microsoft Edge Browser Microsoft may not be the first company that comes to mind when you think of blockchain, but it has been experimenting with blockchain technology for several years. Recently, screenshots shared on Twitter by Albacore, a pseudonymous software researcher from central Europe, reveal that Microsoft has integrated a…
Introduction Satoshi Nakamoto is the name used by the unknown person or people who designed bitcoin and created its original reference implementation. As a part of the implementation, in addition, they devised the primary blockchain database. Nakamoto turned energetic withinside the improvement of bitcoin up till December 2010. Around this time, he/she/they handed over…
Bitcoin Price Jumps 15% Following US Regulatory Move Bitcoin’s price surged by 15% on Monday, marking the biggest one-day increase since November 2021’s market turmoil. The rise came after US authorities took steps to allay concerns about the health of the nation’s financial system, leading to a rally in shares of cryptocurrency companies. Bitcoin’s latest…
Crypto Trade Market at Risk Due to Banks Shutdown The digital asset market has experienced a turbulent year, including high-profile blow-ups. The recent shutdowns of SVB Financial Group’s Silicon Valley Bank, Silvergate Capital Corp., and Signature Bank add a new stress level. The shutdown of crypto-friendly bank Silvergate and the closure of its electronic payments…
Bitcoin Falls for Fourth Straight Day Amid Silvergate Bank Troubles The world’s largest cryptocurrency, Bitcoin, has hit a two-month low as a selloff in the digital asset market intensifies following the collapse of another industry leader. The cryptocurrency fell for the fourth consecutive day, dropping 5.7% on Thursday to trade around $20,800. Meanwhile, tokens like…
The Future of Stablecoins? Arthur Hayes Proposes Bitcoin-Backed NakaDollar Are you ready for the future of stablecoins? Arthur Hayes proposes the Bitcoin-backed NakaDollar, relying on exchanges to maintain the dollar peg. Arthur Hayes, the co-founder and former CEO of BitMEX, recently proposed a new stablecoin called NakaDollar that Bitcoin would back. The idea behind this…
