Author: Crypto Insider

In Venezuela’s economy, disrupted by hyperinflation and United States sanctions, cryptocurrency is a way to provide services and a tool to send remittances, protect wages from inflation and help businesses manage cash flow, Al Jazeera reported. Cryptocurrency in Latin America has attracted attention again in June after El Salvador adopted Bitcoin as legal tender. Its…

Nassim Taleb, the “Black Swan” author and past Bitcoin fan, published his view degrading it. In his words, the coin “can be neither a long or short term store of value (its expected value is no higher than 0).” The author of the “Black Swan” and several bestsellers on finance and risk, as well as…

The ongoing Polkadot and Kusama auctions generate a lot of buzz in the crypto community. These twin networks, founded by Ethereum co-creator Gavin Wood, give developers an advantage to create new crypto assets and decentralized applications on top of the network, which is interoperable with other blockchains. The auctions are an important step in the…

The price of Bitcoin has suddenly fallen below $30,000 on Tuesday, following the bad news from China. In total, more than half a trillion dollars has been wiped from the crypto market in the last seven days, as the cryptocurrency lost more than 50% since its all-time peak in April. Experts say about the market…

Venture Capital funds have already invested more than $ 17 billion in the cryptocurrency market in the first half of 2021, marking a new annual record since 2018. According to data provider PitchBook, that’s around the total amount raised in all previous years combined. Much of the funds out of crypto deals in 2021 came…

Seem Musk’s tweets, either they are serious or goofy, always have some impact on the price of cryptocurrencies. However, while cryptocurrency becomes more mainstream, the market gradually calms. As Ethereum co-creator Vitalik Buterin predicts that the crypto market will develop an “immune system” against such social media impacts, jaded crypto investors hope that it will…