Market focus

Using the blockchain, naturally. And as it turns out, it works pretty well. Football club fan tokens are now a small world onto themselves. It is quite possible to make money in it, but the market will always be niche and limited. The sports and entertainment field is evolving, and with it, the demand for…

The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…

Solana cryptocurrency (SOL) is setting new all-time price records, and the project itself is confidently becoming the DeFi industry leader. The Solana blockchain has a number of unique qualities that open up exceptional prospects for the project. In 2021, the SOL cryptocoin had record-setting rates of value growth and demand for its blockchain. Solana’s price…

Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…

Stephen Stonberg, CEO of Bittrex Global, praised the efforts of the UAE authorities to poise a crypto-friendly positioning of the region. Helped by the region’s status as a tax haven, Dubai is poised to benefit from the growing cryptocurrency market in the Middle East, he said in an interview with Bloomberg. Stephen Stonberg, Bittrex CEO…

Deloitte, one of the Big Four, surveyed financial leaders as part of its 2021 Global Blockchain Survey, with the results suggesting a transition to digital assets is inevitable. Cybersecurity, regulation, and privacy are seen as the biggest obstacles to the global adoption of digital assets, according to a survey. Of 1,280 executives surveyed across Asia,…