Although the Bitcoin price dropped by nearly 20% in the last seven days, long-term Bitcoin investors, who bought at 2017 highs, have still not sold, data shows. According to the Hold Waves metric data, coins that last moved in the past six to 12 months now make up the most significant portion of the BTC…
Despite the impact of the pandemic, the survey conducted by Visa reveals that consumers in the UAE are gaining confidence in their shopping behaviors towards the local merchants, digital payments, online shopping, and cryptocurrencies. Also, 84% of UAE consumers know about cryptocurrencies, with about half of them seeing crypto as an alternative to cash. According…
Cardano saw positive inflows for last week, which put it ahead of other altcoins, CoinShares data reveals. Total inflows for the week had come out to $151 million, and Cardano inflows totaled $16 million in the same period. The total year-to-date inflows for the market have now hit a record $9 billion. However, the previous…
Decentralized finance is one of the most remarkable inventions of the cryptocurrency industry. We took on the difficult task of predicting the further development of this multifaceted phenomenon. One of the best ways to see the future of various technologies or markets is to put the question of their prospects to the industry specialists –…
The “Big Chinese Offensive” on cryptocurrencies has led to a colossal outflow of crypto holders’ funds to decentralized crypto exchanges and DeFi projects, as well as over-the-counter platforms. Now centralized cryptocurrency exchanges are looking for a fitting answer to this challenge. Centralized cryptocurrency exchanges (CEX), having felt a threat to their market dominance, are rapidly…
Cryptocurrencies have the potential to change finance, remove middlemen, and bring financial services to millions of unbanked people worldwide. However, the blockchain technology behind cryptocurrencies could be vulnerable if quantum computing evolves faster than efforts to hack-proof digital money. Cryptocurrencies are secured by a technology called public key cryptography. The system is ubiquitous, protecting your…
658
Views
0 Comments