Category: crypto market

Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year

Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year

Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong Signs of Institutional Investment Growth Accelerating Next Year Noelle Acheson, head of market insights at Genesis […]

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Former U.S President Trump calls crypto market “very dangerous”

Former United States President Donald Trump is no big fan of cryptocurrencies, something he made clear during his presidential tenure as well. Now he has come out to issue another warning for the people claiming that the crypto market is “very dangerous.” His comments came during an interview where he said,  “Well, I never loved […]

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Crypto Market Eyes Recovery Amid Feds Bond Tapering Plans

The much-discussed Federal Open Market Committee (FOMC) meeting commenced on Wednesday with no changes to the interest rates. The crypto market opened in green after the news. The Fed also announced it would double the rate of its bond tapering i.e accelerate the reduction of its monthly bond purchases. Starting in January, the Fed will […]

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Institutional Investors Expect Major Correction in Crypto Market Next Year

Institutional Investors Expect Major Correction in Crypto Market Next Year

Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment […]

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Europen Markets Make a Positive Rebound to Start the Week, Can Crypto Follow?

The crypto market had another volatile day in the wake of the recent flash crash as Bitcoin (BTC) failed in its attempt to conquer $50K. Crypto markets volatility was also attributed to the decline in the Asian stock market during the morning hours which led to a decline of 3-10% for the top cryptocurrencies. Bitcoin […]

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Crypto Market’s Loss Turns El Salvador’s Gain, President Bukele Buys the Bitcoin (BTC) Dip Again

Saturday crypto market mayhem saw the valuation of top cryptocurrencies fall in double digits and the market cap fell by nearly 20%. Bitcoin (BTC) dropped to a 2-month low of $42.848 and its market cap fell below $1 trillion, Ethereum (ETH) also fell to a monthly low below $4,000. Source: Coin360 The crypto market bloodbath […]

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Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits […]

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Amid Crypto Market Bloodbath, these Metaverse Tokens Are Surging to New Highs

The crypto market has lost the majority of its gains from October in the past couple of weeks and November has turned bearish. Majority of the cryptocurrecneis inlcuing Bitcoin (BTC), Ethereum (ETH) and several other altcoins lost in double digits. However, amid growing fear among investors there is one category of crypto tokens that have […]

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Commonwealth Bank CEO Warns About The Biggest Risk of Crypto, Its Not What You Think

Matt Comyn, the CEO of Commonwealth Bank of Australia in a recent interview with Bloomberg revealed what he believes is the biggest risk with crypto today. Comyn said, given the rise of digital assets as the alternative investment sector, the biggest risk of crypto is “missing out.” He explained, even though the crypto market is […]

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Zanzibar Closing In On Crypto Adoption, As African Crypto Market Surges Over 1,200%

Zanzibar like many other African countries is already considering adopting Bitcoin, as the African crypto market saw more than a 1,200% surge in just a year. According to reports, the government of Zanzibar — a Tanzanian archipelago off the coast of East Africa, is reportedly weighing its options with regards to how it can regulate […]

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