What can the FT archive tell us about the future of Bitcoin?
    28 Jun 2022
    6,412 Views

    A deep dive into the FT archive reveals what has driven the cryptocurrency’s falls and rises. Bitcoin has crashed in value by more than 50% in the past six months, but holders of the cryptocurrency are used to volatility. Here we look at how the FT covered Bitcoin’s previous booms and busts to see if…

    Over 50% of Bitcoin addresses are still in profit despite drawdowns
    22 Jun 2022
    457 Views

    Data from blockchain analytics firm Glassnode reveals that more than half of Bitcoin wallet addresses are still in profit, raising questions about the severity of the current market sell-off as Bitcoin fell below $20,000 over the last weekend. Despite Bitcoin bouncing back by Tuesday to over the $21,000 level, Morgan Stanley and Goldman Sachs warned…

    Mike Novogratz says the crypto market is nearing a bottom
    15 Jun 2022
    694 Views

    Mike Novogratz, the CEO of the institutional crypto investment firm Galaxy Digital, said that the bottom might be near after the recent market turmoil. He is drawing parallels between crypto and Long Term Capital Management, a highly leveraged hedge fund that blew up in the late 1990s. “We’ve gone to a level that should be…

    Can crypto bots be entrusted with your money?

    Many newbie crypto buyers are looking for a trading bot to help navigate volatile markets. Can these software programs be entrusted with your money? — studied Justin Varghese, Your Money Editor on Gulf News. Bots are nothing but automated computer programs designed to run specific tasks with minimal human intervention or interaction. But how safe…

    9 crypto firms enter Forbes Fintech 50
    08 Jun 2022
    547 Views

    A record 9 crypto companies made it onto the Forbes Fintech 50 list – the most innovative private companies in fintech. Collectively, they have raised $6.5 billion in venture capital, with the lion’s share within the past 12 months. FTX Locale: Nassau, Bahamas Valuation: $32 billion One of the largest crypto trading exchanges in the…

    5 reasons why Bitcoin is a better long-term investment than gold
    07 Jun 2022
    501 Views

    Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? — a study compiled by Jordan Finneseth of Cointelegraph. The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to protect…