Many companies that operate in the crypto industry are not companies in the traditional sense of the word. These entities are autonomously governed organizations with a strong focus on decentralization (DAO stands…
Category: News
Crypto Mining Can Be Beneficial To Poor Communities
The environmental impact of crypto mining is something that no one can deny. However, it is not a big deal with its 0.1% contribution to greenhouse gas release. The true problem is…
Cardano Cannot Catch A Break — Trades In Red Again
The slow movement of the price in the upward direction that the crypto community was happy about was yet again replaced by a red day with an ADA struggling to keep its…
Cardano Will Be Big In 2023
The Vasil upgrade seemed like a big dud compared to the hype around the Ethereum merge. Nevertheless, people who are bullish on ADA see a lot of potential in the emerging blockchain…
Euro Price Pumps Versus The Greenback After Powell’s Comments
After a long wait, the entire EUR/USD pair trading community rejoiced as they were able to see it moving into the green zone. It was for the first time after many days…
Stock Markets Traumatized by the Protests Against China’s Strict Covid-19 Restrictions
Protestors are holding rallies in China against Covid-19 restrictions in China as a result of which trade markets in Europe started low. European Indexes In Germany, the trade index of DAX edged…
Line Wants to Focus on LN Token and Blockchain, Shuts Down Exchange
Line, one of the largest messaging applications in Japan has announced that it is putting its exchange out of operations. The officials have announced that they have decided that they will shut…
WTI Closes Below $80.00 Points Out Extended Losses On Buoyant US Dollar, Amid China’s Covid Woes
Western Texas Intermediate (WTI), the US crude oil benchmark, remains negative due to low demand fears regarding the crude oil market. Rumors such as China’s ongoing Covid-19 problems and reports of higher…
The Latest Stock Market Week Has Been Quite Well For The Dow Jones Index
The US stock market has recorded strong gains in the latest session on Friday. The stocks have performed well even when the week was shortened due to the Thanksgiving Holiday. Stock Market…
Main Suspect behind Thodex to Be Extradited In Turkey
The Albanian Court hearing the extradition proceedings filed by Turkey against the main accused of crypto trading platform Thodex’s founder accepted the extradition request. Faruk Ozer escaped the trial in Turkey when…
Bitcoin Keeps Experiencing a Bearish Run, May Fall to $14,550
At the time of writing, Bitcoin’s (BTC) trading price is hovering at around $16,112, which is not a very high figure. As for the trading volume, it has also moved downwards in…
Despite China’s Refusal To Easing Covid Restraints, Stocks In US and Eurozone Rose
Stock markets in the US as well as in Europe rose alongside oil prices even though the concerns regarding China’s not easing any Covid restraints. Investors’ fears of a possible global economic…
COVID Spike In China Is Troublesome For Asian FX, Russia Ukraine Crisis Turns Nuclear
Monday has turned out to be a troublesome day for the majority of the Asian currencies. The report suggests that the majority of the Asian currencies experienced declines due to the Chinese…
Hawkish Statements Once Again Derail Stocks
Hawkish Statements Continue To Haunt Investors The index for futures in the US indicates an impressive opening in Wall Street. On the other hand, after succumbing to back-to-back losses in two consecutive…
