4 Profitable Cryptocurrencies to Invest in 2023
The digital trading trend has been in the market for a while but gained people’s attention a short time ago. People didn’t take it seriously and considered it another hoax because it involved investing low money for a good return on investment. It wasn’t until celebrities and big names like Elon Musk proved the authenticity […]
Galaxy Research predicts rocky year for crypto venture investments
According to Galaxy Research, investment firms spent over $30 billion in Web3 and crypto companies in 2022, however, it also cautions crypto researchers and firms that funding may be more difficult this year. In a Jan. 5 report, Alex Thorn, Galaxy’s director of firmwide research said macroeconomic and crypto market circumstances caused investment drawdowns in […]
Institutional investors still eye crypto despite FTX collapse
Data from crypto exchange Bitstamp shows that institutional registrations on the trading platform increased by 57% in November. The FTX fiasco had a negative impact and damaged the reputation of the crypto industry. Even at the height of the FTX issue, institutional investors are still showing interest in the sector. In November, when the FTX […]
DeFi protocol raises $10M from Bitfinex, Ava Labs
The prolonged market volatility has not stopped investors from backing a new protocol that merges DeFi and the foreign exchange market. As investments continue to uncover projects with promise, the current bear market in cryptocurrencies has shown itself to be a builders market. For the creation of its new protocol, Onomy, an ecosystem built on […]
CoinMarketCap Launches Proof-of-reserve Tracker
The tool laughed by CoinMarketCap, allows users to monitor exchanges’ reserves through displays of total assets and public wallet addresses. A new tool on CoinMarketCap’s platform that provides users with up-to-date financial details on exchanges has been launched, according to the leading market researcher and tracker in the cryptocurrency business. The industry’s active cryptocurrency exchanges […]