Digital asset holdings have quickly become the hottest investment vehicle, gaining major mainstream adoption last year as several large US companies announced the addition of Bitcoin to their balance sheets. Whether it is to diversify a portfolio, hedge against inflation or to gain exposure to an emerging asset class, institutions and retail investors in 2022 […]
Crypto markets were slightly green on Thursday morning as investors weigh the latest inflation readings and stock markets focus on the start of corporate earnings reporting season. The broader digital asset market gained ground Wednesday after the December consumer-price index showed U.S. inflation up 7% year-over-year, a number not seen in nearly 40 years. The […]
Digital assets clawed higher on Tuesday, gaining steam after yesterday’s intraday stop hunt as traders eye rising interest rates and a surging number of COVID-19 cases in the United States. Bitcoin was trading at $41,762, up 1.85% after a brutal session on Monday, which mirrored the equities market after the Dow lost over 1% before […]
The U.S. economy added 199 000 jobs in December, disappointing the average expectation of 422,000 jobs, while the unemployment rate fell from 4.2 percent in November to 3.9 percent. Wages increased by 4.7 percent in December compared to 12 months ago. Although the Labor Department reported an increase of 0.5 percent in wages over the […]
Digital assets continued to fall on Thursday along with the equities market amid expectations that the Federal Reserve would pull back on economic stimulus sooner than expected in an attempt to curb soaring inflation. Bitcoin fell over $3000, or 7.44%, to 43,057, while Ethereum declined 10.67% and Binance Coin fell 7.46%. The selloff was felt […]
American billionaire investor Ray Dalio continues to warn about the dangers of holding cash and bonds amid increased money printing, as new daily Coronavirus cases in the United States topped 1 million. Investments should be saved for stocks and inflation-hedge assets in socially and financially healthy countries, according to a LinkedIn post on Tuesday by […]
Digital asset exchange CoinMetro is expected to support direct QRDO staking after integration with the native layer 2 sometime around Q3 this year, the CEO has confirmed. During his most recent live AMA on YouTube, Kevin Murcko was asked about earning passive income by staking assets on the exchange. He confirmed that staking for Qredo […]
Elon Musk says Dogecoin is better suited fundamentally as an everyday currency over Bitcoin thanks to its low transaction cost, higher speed, and greater incentive to spend. The topic of Dogecoin vs. Bitcoin was raised Tuesday during a conversation on the Lex Fridman podcast, Musk was asked if crypto could be the preferred system of […]
Many people often struggle to understand what makes Bitcoin valuable because its not something tangible or easily converted into goods like other currencies. Traditional finance and legacy systems have a hard time understanding the value of Bitcoin because they simply can’t keep up with the pace of technology. Naysayers argue Bitcoin can easily be duplicated, […]
The number of global cryptocurrency users pushed to new heights in 2021 from just over 100 million crypto users to 292 million in less than 12 months as Central Banks across the world battle with rapid monetary inflation. New data released by Crypto dot com on the global market size of crypto users shows it […]