From Bitcoin maximalism to Bitcoin realism
    18 May 2022
    315 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
    253 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
    274 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
    413 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,…

    Crypto payments will revolutionize rent and buying UAE real estate – expert
    10 May 2022
    302 Views

    Opening up the UAE real estate to cryptocurrency payments could be the biggest change to the sector since the Palm Jumeirah was announced, said Christopher Flinos, the CEO of Hayvn. According to Hayvn CEO, the benefits of crypto payments, including no cheques, no loans, no fees, no taxes, and lower costs, make better houses more…

    Crypto as a luxury good
    08 May 2022
    318 Views

    Unwrapping Sam Bankman-Fried’s analogy about money-printing boxes, Daniel Kuhn of CoinDesk describes why he sees crypto as a luxury good. About 20 minutes into his latest interview with Bloomberg, crypto’s favorite entrepreneur Sam Bankman-Fried said something revealing about the industry: Crypto is mostly a shell game. “You know, where do you start? You start with…