Markets

[Featured Content] The sector of decentralized finance (DeFi) is undoubtedly one of the hottest topics in the past couple of years. And it can’t be any other way, given the explosive growth of the field. The current value locked in various DeFi protocols exceeds $60 billion. While this may not seem like a tremendous number given the sky-high valuations in the overall crypto market in 2021, the DeFi TVL was less than a billion just a year ago. This highlights the tremendous...

[Featured Content] Blockster, a network for cryptocurrency enthusiasts, will soon be launching with its own native token (BXR) used for advertising and staking on the platform. It’s been over a decade since cryptocurrencies were born, and crypto enthusiasts will stop at nothing to increase their return on investments as the sector grows. However, despite the rapid pace that blockchain is impacting several business sectors, social media is lagging behind. Blockster is...

Michael Saylor’s initiative to continue buying more and more bitcoins makes no sense, argued the full-time BTC basher – Peter Schiff. Following the latest development coming from MicroStrategy, in which the company outlined plans to allocate another $1 billion in the asset, the prominent economist called Saylor “truly insane.” Schiff to Saylor: Truly Insane If you have followed the cryptocurrency markets even vaguely in the past year, two names should be popping out as the...

Brane Capital has revealed its plan to go public via the TSX exchange by end of the year 2021.Brane Capital, a major cryptocurrency player, announced that their plans are underway for a public listing before 2021 ends. If the plans materialize, Brane’s Capital will be the first qualified Cryptocurrency and digital assets player from Canada. Once approved, the digital asset startup will provide financial services and solutions to Canadians and even institutions in a market mainly dominated by...

Six giants of the insurance world tread into the growing market of cryptocurrency by acquiring profit from the stocks of Grayscale Investments, the daughter organization of Digital Currency Group.According to S&P Global Market Intelligence, six major insurance corporations procured shares of crypto investment goods floated by Grayscale Investments, the world’s largest digital currency asset manager. It is also a subsidiary of Digital Currency Group, the Bitcoin and blockchain industry...

While anticipations are high, billionaire hedge fund manager Paul Tudor Jones warns that a wrong move or comment from the Fed Chairman Jerome Powell could spark a sell-off in risk assets. The broader United States stock market took off the week with impressive gains as the Nasdaq Composite (INDEXNASDAQ: .IXIC) attained a new all-time high (ATH). The tech-heavy benchmark closed Monday’s session with a growth of 12.54%, adding 1,579.08 points to close at its highest level of 14,174.14 in the...

Ken Moelis is an investment banker who knows a thing or two about finance. In a recent interview, he likened the bitcoin craze to the California Gold Rush of 1848, and says he is also looking for a few crypto business opportunities himself. Ken Moelis: The Gold Rush Is Back, Only Now People Are Seeking BTC Moelis is the founder of boutique bank Moelis & Co. While he, himself, is personally open to directly investing in bitcoin and its competing altcoin cousins, he...

With your wallets funded, you need to choose the right games which are typically the same as traditional casino games.Blockchain technology and digital currencies have come to stay and of the many use cases of crypto, its integration in the gambling market has continued to see impressive growths in 2021. Cryptocurrencies rank as one of the major tools that have helped the world maintain financial equality amidst the growing economic uncertainties fueled by the COVID-19 pandemic. While there...

Interest in bitcoin and cryptocurrencies really surged in America during the peak months of COVID, and now many traders in the United States are seeing that interest lead to profits. According to blockchain analysis firm Chainalysis, Americans have seen their bitcoin holdings return more than $4 billion to initial holders. Americans Love Their Bitcoin While bitcoin may be suffering pricewise at the time of writing, the currency has recently concluded what is arguably its...

Bitcoin has risen to about $37,000 per unit at the time of writing. While this number is nothing compared with the new all-time high it attained in mid-April, it is still about $5,000 more than where it stood during the early portion of the week. Thus, it can be said that bitcoin may be returning to its bullish roots. However, according to New York University finance professor Aswath Damodaran, investors should not get too comfortable with the sudden rise of the world’s...