Crypto Market Likely To Experience 2008 Crash Effect!
The year 2022 wasn’t wonderful for the Crypto Market. Since the start of the year, some ten Cryptocurrency companies have had to cease withdrawals, and many of them have had to seek bankruptcy protection. Massive capital withdrawals have been seen in the Crypto Market, further undermining the significant gains gained in recent weeks. Bitcoin (BTC), […]
Cumberland expects more liquidation before crypto market recovers
Cumberland contends that additional poorly managed assets must be sold off before a fundamental market turn can be observed. The industry-wide trend of centralized digital asset organizations disintegrating amid a worsening liquidity problem was discussed by cryptocurrency trading firm Cumberland. It implies that whether the distressed assets might be shifted from bankrupt enterprises to solvent […]
New report shows Q3 saw a significant crypto market recovery from May crash
CoinGecko, a cryptocurrency data aggregator, has issued its Q3 2021 report, which shows tremendous advances in a variety of crypto market sectors despite various anti-crypto regulatory policies. Following the May market crisis, the crypto space entered Q3 at a low ebb, with market capitalization falling below $1.2 trillion in late July, less than half of […]
Chainalysis report shows Africa’s crypto market grew by more than 1,200% since 2020
The cryptocurrency market in Africa has grown significantly since last year, according to digital analytics firm Chainalysis, with the region accounting for a larger transaction volume than the global average. Africa’s crypto market increased in value by more than 1,200 percent between July 2020 and June 2021, according to a report released on Tuesday by […]
Shutting off crypto growth is likened to stopping e-commerce in 1995 – Mark Cuban
Mark Cuban has come out to express his displeasure on the tighter rules for cryptocurrency and the crypto-space in general which was introduced in the new infrastructure bill. Leaders in the crypto industry have continued to speak out as the US Senate enacted a bipartisan $1 trillion infrastructure plan, which includes tighter regulations for crypto […]