Tag Archives: featured1

A few months after introducing the first draft aiming to prohibit Fed officials from owning certain assets, the policymaking Federal Open Market Committee has updated the document to include cryptocurrencies. Reports emerged last year claiming that numerous Federal Reserve top employees traded stocks, bonds, and real estate securities in 2020, shortly before the central bank employed specific COVID-19-prompted policies that impacted the market. Some policymakers resigned...

The field of non-fungible tokens continues to boom, and new projects are popping daily. One trader, however, shares how he turned $2K in almost $500K, filliping NFTs without bothering with tedious whitelists and fresh mints. Here’s the story of how he did it. The NFT Game: It’s Not Always a Get-Rich-Quick Scheme Many of those who’re stepping into the world of non-fungible tokens (NFTs) are immediately flabbergasted by success stories of someone who bought a Bored Ape NFT for...

At this point, it’s becoming pretty evident that non-fungible tokens are causing a massive stir. With this, however, there’s also no shortage of fascinating stories of random people turning a few thousand dollars into millions. Or, in this case – the story of someone who refused to be turned into an “instant millionaire” by turning down a $1.2 million offer on an NFT that he paid less than $17K for back in May 2021. The Story of Golden Ape #1726 For those of you who haven’t...

The world of cryptocurrencies, especially in its earlier years, had a reputation of being the playing ground of hackers and various malicious entities. And while this has changed to a huge degree in the past few years and the field received massive recognition and regulatory clarity, the ghosts of its past remain. One of the most infamous Bitcoin hacks took place back in 2016 when someone stole roughly 120,000 BTC from one of the largest cryptocurrency exchanges – Bitfinex....

Bitcoin started out as a technological experiment more than a decade ago. Since then, the global financial markets have undergone a tremendous shift. At the center of the digital currency revolution is blockchain technology which gave rise to the first-ever smart contract platform, Ethereum. Over the past years, the Ethereum network has become a significant driver offering users the ability to interact in a truly decentralized manner. Decentralized exchanges or DEXs are part...

It’s been a very positive week for the entire cryptocurrency market. Following a prolonged period of depressing price action, the market finally bounced and managed to reclaim the coveted $2 trillion total capitalization. Let’s have a look at how it happened. Bitcoin’s price was trading at about $40,000 last week when on Saturday, it surged convincingly and consolidated around $41,500. The cryptocurrency spent a few days there, but all this changed on Monday when bulls took...

Throughout its relatively brief history, Facebook’s digital asset project Diem (known initially as Libra) managed to capture the attention of the cryptocurrency community and, perhaps more importantly, global regulators. Over the years, it changed its concept, mission, and core idea several times, while watchdogs claimed it works against financial sovereignty and monetary stability. Additionally, there were worries concerning the lack of privacy, given Facebook’s history....

After surging above $41,000, bitcoin has maintained its momentum and has remained above that level. The altcoins, which marked significant gains yesterday, have stalled now. Axie Infinity is among the few exceptions after a massive double-digit surge. Bitcoin Maintains $41K It was just a few days ago when the largest cryptocurrency struggled to remain above $37,000 and dipped below that level on a few occasions. The bulls attempted to push it north, which resulted in trading...

The past 24 hours have been particularly turbulent throughout the cryptocurrency market, but this time it seems it’s all in favor of the bulls. Bitcoin’s price surged above $41K for the first time since January 21st, and the whole market is in the green. Therefore, we’re taking a look at four possible reasons for which the positive move was triggered. Reporting Season is Through It’s worth noting that Bitcoin and the traditional stock market have been tightly correlated for...

After more than two weeks of trading below $40,000, bitcoin finally made a decisive move to reclaim that coveted level. The entire crypto market followed suit with massive daily price increases from Ethereum, Binance Coin, Cardano, Sollana, Polkadot, and many others. Bitcoin Surged $4K It was on January 20th and 21st when the primary cryptocurrency slumped below $40,000 for the first time in months. In the following few weeks, the asset failed to recover most of the losses...