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According to the CEO of Paxos stablecoin developer Charles Cascarilla, in 2022 the cryptocurrency industry will enter a qualitatively new phase of development. First of all, this concerns the entry of institutional investors into digital assets. We will also see the massive adoption of...
Popular Instagram model Irene Zhao recently launched a special Decentralized Autonomous Organization (DAO) called IreneDAO, as well as a collection of native tokens, which caused a flurry of discussion in the NFT space. IreneDAO was launched on the weekend, but in two days the popularity of the...
As of today, many government agencies in Singapore express their distrust of digital assets, not wanting to use virtual money for any transactions. At the same time, everyone should note that not so long ago, the government of the country reacted quite kindly to the cryptocurrency, even developing...
In November 2021, as part of the implementation of the CBDC concept, the Bank of Russia announced tests of a platform for transactions with the crypto ruble. As Deputy Chairman of the Central Bank Olga Skorobogatova noted, the regulator, together with several largest banks, intends to implement the...
In the middle of this week, Bitcoin (BTC) broke above $42,000. On some trading floors, the BTC rate reached $42,500 on the morning of January 19. However, a correction soon followed, and the night before, the cryptocurrency fell to $41,292. Today, its capitalization over the past seven days has...
Iranian authorities expect to use the national digital currency (CBDC) to bypass US economic sanctions. According to local media reports, the Central Bank of the Islamic Republic plans to provide access to the token to all test participants. However, the regulator has not yet named any specific...
The Armenian authorities plan to decommission the old Hrazdan thermal power plant and place an enterprise for the extraction of cryptocurrencies on its territory. On January 20, the project on leasing part of the station territory was approved by the Public Services Regulatory Commission of...
Do you find it challenging to invest in cryptocurrency? Do you always sell your coins at a loss? You've missed the 'moonshot' coins, and you have no idea at which point you should sell your HODL coins? That's okay; many of you say the same, so we created PlayV, the crypto trading strategy...
If you are passionate about finance or just getting into it, you have often heard that a big APY is good. But for sure, you have also wondered what an APY is. The annual percentage yield (APY) is the real return on investment, taking compounding interest into account. While investing, APY is quite...
Bloomberg strategist Mike McGlone is known by many as an ardent supporter of bitcoin. Over the past few years, he has repeatedly expressed aggressive forecasts regarding the prospects of cryptocurrency. Now the same analyst has suddenly become less optimistic. If earlier he predicted that BTC could...
Bank of America strategist Alkesh Shah recently expressed his opinion on the future of the Solana cryptocurrency project, calling it, by the way, the main competitor to Ethereum. According to a well-known analyst, Solana is actively entering the digital asset market, taking away popularity in...
Data from the Glassnode platform shows that investors are buying up Ethereum (ETH) despite the drop in its value. The ETH exchange rate on the night of Wednesday, January 19, fell to $3,100; over the week, the capitalization of the altcoin decreased by almost 5% to $371.078 billion. In two months,...
Malaysia may join those countries that are planning to issue their national digital currency (CBDC). The Central Bank of this country has not yet made a final decision. Soon, he will focus on exploring the potential of the token and developing the CBDC concept. If the Central Bank concludes that it...
Digital asset manager Genesis Trading has recorded an increase in the number of investors holding Bitcoin for more than five months. As a result of the December sell-off in the spot market, hodlers were able to significantly increase their reserves in cryptocurrency. The number of such BTC wallets...
The Indian government has repeatedly postponed the consideration of a bill to regulate relations in the cryptocurrency market. The authorities take this decision due to opposition from the Central Bank, which is categorically against recognizing such instruments as means of payment. This week,...
In the ranking of cryptocurrency exchanges in terms of trading volume, Binance ranks first. Despite the problems of this company in some countries, it continues to gain a foothold in new markets. The structure of the Thai billionaire Saratha Rathanawadi Gulf Energy Development PCL will act as a...
Back in 2020, the Central Bank of Jamaica announced its readiness to launch its token. The regulator already then began to negotiate with IT companies that should help the country create a national digital currency. Prime Minister Andrew Holness told reporters that he has no doubts about the...
Pakistan, a country that has previously not specifically spoken out about its position on cryptocurrency, is now ready to announce a complete ban on its entire territory. That was recently announced by the government of the country. It is worth noting that the State Bank of Pakistan (SBP) has long...
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