Author: Crypto Insider

Amid the latest price surge, propelling the crypto market above $3 trillion, Germany’s new chancellor Olaf Scholz warned over a “tulip bubble” developing over the crypto market, calling to keep “the currency monopoly” in the “hands of states.” “I would doubt whether [Bitcoin and cryptocurrencies have] any prospects as a currency model,” Scholz, who has…

On Friday, the entire crypto market dropped by over 12% amid fears over a new worrisome coronavirus variant from South Africa. Bitcoin fell sharply alongside other crypto assets, hitting a seven-week low and officially entering bear market territory. The world’s biggest cryptocurrency dropped Friday over 8% in 24 hours, as low as $53,609, according to…

Bitcoin price volatility continues as data reveals exchange activity is anything but flat this week, new data shows. Bitcoin whales move large amounts of coins to exchanges in tandem with large outflows, while top 10 deposits make up 90% of exchange inflows. According to on-chain analytics firm CryptoQuant, the exchange whale ratio indicator large shows…

India is on track to ban all but a few private cryptocurrencies after the government announced Tuesday the upcoming introduction of a new financial regulation bill. Indian crypto exchanges have already suffered panic selling over crypto bill confusion. The Cryptocurrency and Regulation of Official Digital Currency bill will create a facilitative framework for an official…

Muhammad Ali Bandial on Khaleej Times tells the story of Alex Meurer, who believes the principle of magnetism brings it all back to you, on track to be a billionaire. The world is taken over by digital advancement and some people have been intelligent enough to make some wise and smart choices to gain greater…

Sometimes I catch myself thinking that for a long time, I have been analyzing the cryptocurrency industry from the “inside”. Yes, it is very convenient: you know and understand everything; you are immersed in the processes and see their internal dynamics. But it also leads to certain distortions of perception. We shouldn’t forget that people…