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June 2022

CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price

CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price

Leave a Comment / NFTs /

The temporary revival in the broader cryptocurrency industry, which has seen the combined crypto market capitalization surge by 4.47% to $907.97 billion at the time of writing, is also impacting the Non-Fungible Token (NFT) ecosystem. Per data from DappRadar, the floor prices of the most prestigious NFT collections are on the rise, a trend that signals sentiments […]

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Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

Leave a Comment / Business, CeFi News /

The Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. Bank of Spain Crypto Registry

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing Read More »

CBDC Tracker shows that 105 countries are investigating central bank digital currencies.

CBDC Tracker shows that 105 countries are investigating central bank digital currencies.

Leave a Comment / CeFi News /

Currently, 105 countries are experimenting with central bank digital currencies (CBDCs). Fifty of them are in the advanced stages of exploring digital currencies (development, pilot, or launch). The Geoeconomic Centre of the Atlantic Council has announced a significant update to its Central Bank Digital Currency (CBDC) Tracker. According to the tracker, 105 countries, accounting for over 95%

CBDC Tracker shows that 105 countries are investigating central bank digital currencies. Read More »

What’s the Difference Between Inflationary and Deflationary Cryptocurrencies?

What’s the Difference Between Inflationary and Deflationary Cryptocurrencies?

Leave a Comment / Cryptocurrency /

Inflation refers to an increase in the price of goods and services. This happens when too much currency is in circulation, causing money to lose its value. On the other hand, deflation refers to an increase in the value of a currency and a corresponding dip in the price of goods and services. Deflation is

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Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to 0M

Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M

Leave a Comment / Top Alt Coin News /

Separate catalysts saw the two tokens jump and see volatility over the weekend, with SNX rising as much as 85% in the past 24 hours. Native tokens of Dogecoin (DOGE) and Synthetix (SNX) saw volatile trading over the weekend even as the broader crypto market fell and then staged a brief recovery on Monday. DOGE

Dogecoin Sees Weekend Bump After Musk Tweets, Synthetix Volumes Grow to $200M Read More »

“Stop Looking at the Graph and Enjoy Life”: El Salvador’s President on BTC Price Slump

“Stop Looking at the Graph and Enjoy Life”: El Salvador’s President on BTC Price Slump

Leave a Comment / Bitcoin News /

El Salvador’s bitcoin-friendly President Nayib Bukele has shared an advice to all Bitcoiners as the cryptocurrency ecosystem has continued to take a deep dive down. Over the weekend, the price of Bitcoin slumped further from its earlier 18-months low to $17,708.62. With the price of Bitcoin going below what was earlier envisaged, altcoins like Ethereum

“Stop Looking at the Graph and Enjoy Life”: El Salvador’s President on BTC Price Slump Read More »

Sterling has further to fall as Bank of England wrestles growth-inflation conundrum, strategists say

Sterling has further to fall as Bank of England wrestles growth-inflation conundrum, strategists say

Leave a Comment / Global Financial News /

KEY POINTS The Bank of England last week delivered another 25 basis point hike to interest rates, a more cautious move than peers such as the U.S. Federal Reserve and Swiss National Bank. Goldman Sachs analysts argued in a note on Sunday that the BoE’s more careful approach to taming inflation in order to cushion

Sterling has further to fall as Bank of England wrestles growth-inflation conundrum, strategists say Read More »

Record stablecoin market share points to crypto upside: JPMorgan

Record stablecoin market share points to crypto upside: JPMorgan

Leave a Comment / Bitcoin News, Stablecoins /

Despite the FUD around stablecoins, the percentage of stablecoins in the total market cap has been growing recently, hitting new all-time highs. The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase. The percentage

Record stablecoin market share points to crypto upside: JPMorgan Read More »

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