Three Arrows Capital CEO says he was wrong about ‘Supercycle’
    29 May 2022
    384 Views

    Su Zhu, the co-founder and CEO of Three Arrows Capital, admitted that he was wrong about the “Supercycle Thesis,” but he remains optimistic about the crypto. Before, he predicted that the crypto market would enter a Supercycle in February 2021. Back in February 2021, the co-founder of Three Arrows Capital, Su Zhu, predicted that the…

    Ethereum co-founder advises crypto investors to ‘pay more attention’
    29 May 2022
    466 Views

    Gavin Wood, the co-founder of Ethereum and creator of Polkadot and Kasuma, shared his advice to crypto investors during the ongoing price plunge. While another veteran investor Jim Rogers expressed his “optimism about the future of crypto money.” After a market drop that wiped away more than $800 billion in value, British computer scientist and…

    From Bitcoin maximalism to Bitcoin realism
    18 May 2022
    410 Views

    Signs pointing to Bitcoin’s steady maturity and growth in the crypto space and beyond are undeniable, making a case for the cryptocurrency being the ultimate digital reserve asset, notes Ben Caselin on Cointelegraph. There was a time when all cryptocurrencies traded against Bitcoin (BTC). Speculators ventured into other coins when they saw assuring tokenomics or…

    Morgan Stanley sees risks for the NFT market
    17 May 2022
    348 Views

    Following the latest decline in the crypto market, Morgan Stanley warns investors in other digital assets about the risks of a fall. However, experts suggest that the fortunes of NFTs now depend on around “blue-chip” NFT collections, like CryptoPunks and Yuga Labs’ Otherside. According to last week’s report, the steep declines of Bitcoin, Ether, and…

    BitOasis executive: Crypto asset deals in Saudi Arabia top $20 billion in 2021
    17 May 2022
    366 Views

    Ali Alobaid, the managing director of trading platform BitOasis in Saudi Arabia, expects cryptocurrency use in the MENA region to grow fast over the next few years. He said the value of virtual asset transactions in the Kingdom was worth around $20 billion, with over 800,000 Saudis using digital currencies last year. This year, Ali…

    The LUNA and UST crash explained in 5 charts
    15 May 2022
    538 Views

    One of the earliest signs that things were going wrong for Terra came when UST deposits on Anchor started dropping Saturday – Sam Kessler and Sage D. Young analyzing on CoinDesk. The Terra money machine collapsed almost entirely Wednesday. The UST stablecoin remains deep in the sub-dollar doldrums for the third day running, and LUNA,…