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Read More »Chainalysis: Mena Is the Top Crypto Region
The two fastest growing regions in the category of crypto use and adoption include North Africa and the Middle East. Both areas – between July 2021 and June 2022 – accounted for about nine percent of the world’s crypto transactions according to a report by blockchain analysis firm Chainalysis. Chainalysis Shows the Mena Region as the Top Crypto Performer Both the Middle East and North Africa make up what’s known as the Mena region, and during the allotted period, that...
Read More »Could Stocks and Bitcoin Be Losing Their Correlation?
Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...
Read More »Rostin Behnam of CFTC Fame Shares His Crypto Views
Rostin Behnam is the chairman of the Commodity Futures Trading Commission (CFTC), the financial organization that governs bitcoin. Rostin Behnam Is Neutral on Crypto For the most part, Behnam is a neutral figure when it comes to crypto, and he recently sat down for an interview to discuss where he sees the industry going in the coming future. He commented: I think there’s a few folks who wish this technology might go away, think it might go away, think it might go...
Read More »Iliam Angelov of Billium Discusses Crypto’s Future
Iliam Angelov is a professional crypto trader in his mid-30s and the founder of Billium, a digital asset platform. Not long ago, he sat down in an interview and expressed his thoughts about how far the crypto space will go in the future and where he thinks trading will land given the bearish conditions of the industry. Iliam Angelov Talks Crypto He first commented with: After building an empire that has positively affected the Middle Eastern market and spanning decades,...
Read More »Analysts: Bitcoin Could Turn Around in 2022’s Final Months
The world of crypto hasn’t been doing well as of late. Bitcoin, for example, is down roughly 70 percent from its all-time high of about $68,000 per unit in the month of November last year, while other leading assets such as Ethereum have followed suit, ultimately contributing to the massive, $2 trillion valuation loss incurred by the crypto space since January. Bitcoin and Crypto Headed for Reversals? Digital assets are facing their most bearish conditions in history,...
Read More »The List of Hotels Accepting Crypto Payments Keeps Growing
The worlds of luxury travel and crypto are beginning to fuse even deeper into one another as several hotels out there have announced plans to accept digital currency payments for stays and other services. Hotels Seem to Like Crypto a Lot More The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like...
Read More »Analysts: Bitcoin Could Spike in 2023 if the Dollar Falls
The first week of October saw bitcoin moving much higher than where it had been. Previously, the asset was struggling to maintain a position in the $19K range, though things turned around somewhat during the early portions of the tenth month of the year to see BTC shoot up into the low $20K range. It’s not much, but it’s something, and analysts and traders everywhere chose to celebrate the hike rather than focus on how small it was. Bitcoin Could Be in for a Series of...
Read More »Hong Kong Pushing to Entice Crypto Firms with Retail Trading Allowance
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Read More »Zen Ledger Says “Yes” to Crypto Payments
Zen Ledger – a leader in digital currency tax software – has announced it is partnering with crypto payment processor Bit Pay so it can accept crypto payments for goods and services. Zen Ledger and Bit Pay… A Perfect Match! The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent...
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