Crypto news

The last year saw the fall of the Terra-Luna ecosystem, BlockFi, Celsius, Voyager Digital, 3AC, and Alameda-FTX. But it’s not the end of cryptocurrency. Like the Internet after the Dot Com bust, crypto is still just getting started. Sure, it’s true that several crypto firms went down in 2022. But it seems worse in the headlines than it is in reality. Cryptocurrency’s critics in news journalism and the traditional finance industry are treating the failure stories as...

The crypto market seems to have priced in last year’s string of crypto company bankruptcies. But the crypto firms that survived will still be paying off bank loans to cover their positions for some time. Crypto prices continue to edge upward while the market bears and bulls regroup. Even the recent bankruptcy of Genesis hasn’t dampened crypto investors’ enthusiasm. Regulators Worry Meanwhile, at least two banks with a high-profile roster of cryptocurrency companies for...

The gaming industry is undergoing a rapid transformation as technology continues to advance at a rapid pace. This has led to an increase in the popularity and accessibility of digital gaming for players from all backgrounds. Amongst the digital gaming sectors that have seen a surge in popularity worldwide is that of crypto gambling sites. These are online casinos and bookmakers that enable players to engage in gambling activities using cryptocurrencies such as Bitcoin....

Crypto crime was a big deal in 2022, and while we’re only a few weeks into 2023, it looks like the trend is continuing after a criminal gang crackdown that resulted in close to $2 million in assets – some of which were crypto units – being seized by law enforcement officials. Crypto Crime Takes on a New Form Two men have allegedly been arrested in New Zealand for taking part in various drug dealings. Police came barging into the home they were both living in and seized...

Author and crypto expert Abhinav R. Soomaney has a new book out called “Cryptocurrency in a Nutshell.” In the composition, Soomaney discusses a big topic in the crypto space: taxation. A New Crypto Tax Book By Abhinav R. Soomaney Taxation in crypto has often been talked about amongst even the most knowledgeable analysts given tax protocols within the arena’s borders can be quite complicated. In fact, during the 2020 election, there were two democrat candidates – Michael...

The prolonged bear market reduced the interest in cryptocurrencies and hampered the operations of numerous industry players. Some leading exchanges, including Coinbase, Crypto.com, Bybit, and Kraken, laid off a chunk of their workforce to cope with the challenging times.  The trend seems to be similar at the start of the new year despite the recent revival of the market, with Gemini, Blockchain.com, Coinbase, and many others announcing a new wave of layoffs. The Dismissal...

2022 was a crazy year for bitcoin and cryptocurrency. With all the talk regarding the fall of bitcoin’s price and value, it became easy to forget about some of the more obscure coins. Now, many of those assets are coming back into the fray, including Litecoin, which many analysts think is about to make a major comeback and become one of the biggest, most talked about assets of the new year. Litecoin Is Back, Baby! One of the reasons Litecoin is returning to everyone’s...

Less than a month into the new year, the market is already showing sustainable signs of recovery, and the “creative destruction” that transpired could ultimately be a huge win not just for the consumer but also in terms of regulatory protections and rapid innovation, as well as lowered cost structures. Despite the many ups and downs, crypto has become a serious player in the world economy. Investors are still pouring their portfolios into the asset class. According to OKX’s...

Bitcoin initiated another leg up late on Friday and tapped $23,500 but was stopped in its tracks and has returned to familiar ground. Most altcoins have charted more impressive gains, led by Avalanche, MATIC, OKB, Dogecoin, and others. Bitcoin Back Down to $23K It was last week when the primary cryptocurrency skyrocketed from $21,000 to a multi-month high above $23,000. This solidified the asset’s positive start to the new year, in which it has already shot up by roughly...

97 % der institutionellen Anleger glauben, dass der Bitcoin Kurs ein neues Allzeithoch erreicht Institutionelle Anleger gehen davon aus, dass es das beim Bitcoin Kurs noch längst nicht gewesen ist. Sie gehen von einem starken Jahr aus, und sind auch mittelfristig zuversichtlich. Dies zeigt eine aktuelle Studie der in London ansässigen Investmentgesellschaft „Nickel Digital Asset Management“. Konkret glauben 38 Prozent der Institutionellen, dass der...