Bitcoin appeared to be recovering over the past two days after macro concerns worldwide had pushed the largest cryptocurrency to lose significant valuation, along with most other crypto assets. In fact, investors have been holding strong amidst the past week’s havoc, with digital asset flows registering renewed positive movement. In the last week of February,Continue reading “Solana, no; Litecoin, no – Only alt investment product to see inflows was…”

The European parliament has been mulling over cryptocurrency regulations for a couple of years now, even as a number of roadblocks have slowed down the process considerably. One such obstacle was removed earlier today, as European Union lawmakers dropped the ban on proof of work mining as an important clause of the Markets in CryptoContinue reading “What next for Bitcoin? EU scraps move that bans PoW cryptos”

As the war in Ukraine rages on, an interesting phenomenon that has emerged is the role cryptocurrencies can play during a global crisis of this scale, and the ways in which it can be utilized by both sides to either circumvent financial measures against them or rally international economic support. Russia to foray into crypto?Continue reading “Facing global sanctions, do cryptocurrencies present a way out for Russia”

The Cardano network had faced several congestion issues last month when major decentralized applications (dApps) had rolled out on the network. However, it has since shown accelerated efforts towards fixing these scalability issues. It recently revealed a roadmap that is “focused on performance optimization and scalability”. And, it appears to be moving on time, withContinue reading “Cardano’s February release promises a lot, but will there be more to come”

Cardano‘s native decentralized cryptocurrency exchange (DEX) SundaeSwap has not had an easy start, with several hardships strewn across its way from the beginning. The DEX continues to brave on, however, as it has now laid out the route for it to become a fully decentralized platform through community governance. This, days after its Initial StakeContinue reading “How SundaeSwap’s community governance plans can benefit Cardano”

Throughout the previous year, Ethereum‘s rising gas fee was among the biggest concerns of the cryptocurrency industry. Well, especially due to Ethereum’s major role in DeFi and NFTs. The rising gas fees had inadvertently led to more congestion. Hence, higher transaction time and costs. Ethereum’s development team has been breaking necks over fixing these issues.Continue reading “Ethereum’s lowering gas fee could be a dangerous indicator for its price; here’s why”

Bitcoin‘s processing power appears to have taken a hit in recent days. At press time, it was down by 0.18% over the last seven days. Also, BTC’s hash rate has dropped by 24% since touching an all-time high earlier this month. However, a larger concern dominates, one that mining Bitcoin might not be as profitableContinue reading “Bitcoin: Next difficulty adjustment might affect your portfolio because…”

Bitcoin‘s mainstream acceptance over the past few years has managed to link the top cryptocurrency with traditional finance in more ways than one. While institutional interest has been a positive sign for the digital asset industry, it has also caused Bitcoin’s price to follow that of US stock markets. Concerns regarding the rising correlation betweenContinue reading “Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis”

The Government of India has been providing an incoherent stance on cryptocurrency regulation and legalization for years now, which has left most investors dizzy. Since the country’s central bank banned digital asset usage completely in 2018, companies have been moving out of India to set up shop elsewhere. Meanwhile, even as the ban was laterContinue reading “India: Supreme Court eyes crypto regulatory limbo, asks govt to make up its mind”

The immense success that the cryptocurrency industry has experienced over the past couple of years was facilitated not just through Bitcoin‘s rising popularity, but also the emergence of sectors such as decentralized finance. While the sector grew many-fold since mid-2020, it also fostered the growth of tokenized assets that aid in DeFi trade. For instance,Continue reading “What effects broader sentiments had on wBTC supply vis-à-vis DeFi & Ethereum”

Macro trends are continuing to push down on Bitcoin‘s price action, as the top cryptocurrency fell over 8% since news of Russian “military operations” against Ukraine broke. In fact, the king coin saw liquidations exceeding $242 million. Overall, BTC’s price has been on a downward spiral for the past few weeks. Thus, resulting in aContinue reading “With high mining costs and falling prices, Bitcoin’s future looks…”

As the global cryptocurrency market is growing further each day, governments around the world are working harder to bring the industry under a regulatory regime. While some countries have managed to enact efficient regulations to cultivate the industry in a safe manner, others have created more uncertainty through opposing stances, and often skeptical stances. AContinue reading “India: Fleeing cryptocurrency companies reveal a worrying tale of regulation”