Imagine a world where every monetary transaction, no matter how small or large, is executed with digital precision, void of physical cash. This is not futuristic fiction; in fact, an astonishing number of central banks – nearly two dozen – are predicted to introduce their own digital currencies by the end of the decade, reshapingContinue reading “Understanding CBDCs: Future of Banking Unveiled”
In an unequivocal shift that could redefine the financial zeitgeist, the crypto market’s capitalisation soared to an extraordinary $2.6 trillion in 2021. This rapid ascent is not merely a consequence of individual speculations but is increasingly influenced by the entry of heavy-weight institutional investors. We’ve witnessed these entities amplify the crypto-asset sector’s credibility, steering notContinue reading “Institutional Impact on Crypto Markets Escalates”
In an era when virtual pickpockets can operate with just as much cunning and stealth as their physical counterparts, it’s startling to learn that over £3 billion in cryptocurrency was unlawfully taken in 2022 alone. This eye-opening figure underlines the critical importance of one of the digital age’s most underappreciated heroes – the cryptocurrency wallet.Continue reading “Cryptocurrency Wallets: Ensuring Security’s Role”
In the swirling digital expanse, a staggering 97% of all artworks sold as non-fungible tokens (NFTs) in 2021 were acquired through NFT Marketplaces. This unprecedented adoption illuminates the weighty role these platforms play in the digital asset trade. At the heart of this burgeoning ecosystem, NFT Marketplaces facilitate the exchange of digital assets with aContinue reading “NFT Marketplaces: Frontier in Digital Asset Trade”
With the landscape of financial transactions undergoing a significant transformation, we are witnessing the rise of decentralised exchanges (DEX). These platforms represent a paradigm shift from conventional trading venues, advocating for peer-to-peer financial transactions without the necessity for a central arbitrator. Far from being a novel concept in passing, DEX is rapidly becoming a cornerstoneContinue reading “Exploring The Rise of Decentralized Exchanges (DEX)”
The realm of online trading has been abuzz with discussions about Immediate Edge, a platform that touts itself as a revolutionary automated trading system. At the heart of these discussions lie pressing questions – is Immediate Edge a scam, or is it a legitimate avenue for traders seeking to maximise gains? We aim to layContinue reading “How True is Immediate Edge?”
Ethereum’s Performance Analysis In the tumultuous world of cryptocurrencies, the second-largest digital asset in terms of market capitalisation, Ethereum, faced a 3% downturn. It managed to stay above the $2,000 bracket while exhibiting a rollercoaster movement between $2,017 and $2,088 within a 24-hour period. Ethereum’s market cap currently sits at a significant $243 billion value,Continue reading “Ethereum Technical Breakdown: ETH Maintains Position Above $2K Despite 3% Dip”
Bitcoin Technical Outlook: Trading Momentum Declines as Market Bulls Take a Breather Following a 4-week Spike As the dawn of the new week breaks, the cryptocurrency market is witnessing a slight dip of more than 2%. Equity futures suggest that there might be a minor dip in U.S stocks this Monday, thereby closing the curtainsContinue reading “Bitcoin Technical Analysis: Post 4-Week Rally, Bullish Momentum Takes a Breather”
A week of Crucial Changes in the Cryptocurrency Sphere The previous week witnessed some stirring events in the cryptocurrency market. Key developments included changes in the leadership of a top exchange, further classification of crypto assets by regulatory bodies, and major sanctions processes, all contributing to a highly eventful week. Here’s the round-up. Leadership ReshapedContinue reading “End of an Era: CZ Bows Out, SEC Identifies Additional Securities, While US Crypto Crusade Gathers Pace – Weekly Overview”