The CoinShares CSO, Meltem Demirors, is saying digital assets have done “exceptionally well” in 2021, even after retreating from their record highs. He suggested that the crypto market correction is driven by investors booking profits. Meltem Demirors, the chief strategy officer (CSO) of cryptocurrency investment firm CoinShares, said in a Yahoo Finance interview that one…

Breaking crypto news from the last week (Dec. 18 – 24, 2021): Dec. 18: The Central Bank of Russia (CBR) has again taken an antagonistic stance against crypto, citing crypto’s inherent volatility and illegal use as a key reason for their conservative position. Sources said the CBR’s current stance on cryptocurrency is one of “complete…

World’s biggest crypto exchange, Binance appointed Richard Teng, who joined Binance Singapore as its chief executive officer four months ago, on a new role as the global entity’s head for the Middle East and North Africa. According to his LinkedIn profile, Teng was a director for corporate finance at the MAS before. Richard Teng, who…

LUNA, the native token of DeFi network Terra, surged to over $100 on Friday to lead a “Santa rally” in crypto markets. Total value locked in Terra has upped 55% over the past week, with a spike in on-chain activity. Some experts suggest DeFi applications like Anchor allure investors to Terra. Traders took advance of…