Market News

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

To simplify portfolio rebalancing via DeFi, it is essential to ensure adoption

The decentralized finance industry is rapidly growing, and it’s now that portfolio risk management must keep up with the latest innovations. Rising inflation is a growing concern for key leaders and central banks, creating doubt spirals around the globe. Recent statements by Janet Yellen, United States Treasury Secretary, urging Congress to raise or suspend the […]

read more

Top 5 cryptocurrencies to be watching this week: BTC and ETH, SOL and MATIC, FTM

The possibility of Bitcoin’s short-term pullback is increasing. Altcoins such as ETH, SOL and MATIC could move higher while BTC prepares for the next move. The news that a Bitcoin (BTC), exchange-traded fund (ETF), could begin trading as soon as next week sent Bitcoin prices to $62,933. However, the rally has slowed down since then. […]

read more

Retro NFT packs drive frenzied Top Shot speculation

Collectors of NBA Top Shots love NFTs that celebrate significant moments in basketball from the mid-2000s. The weekend saw a surge in trade volume for NBA Top Shot’s Nonfungible Tokens. This was after the launch of the retro Run It Back 2005/06 packs on Friday Oct. 15. According to Crypto Slam, Top Shot’s daily volume […]

read more

Mexican medical company embraces blockchain to covid test certificates

MDS Mexico will use blockchain technology for verification of the authenticity and results of its rapid coronavirus testing. MDS Mexico, a medical services company, has launched a rapid covid-19 test service that uses blockchain technology to verify results. According to a local media outlet iProUP News, MDS Mexico launched a digital platform that allows patients […]

read more

Grayscale suggests plans to convert Bitcoin trust into a BTC-settled ETF

Grayscale appears to be looking to restructure the Bitcoin Trust into a physically-backed Fund after the SEC approved a Bitcoin futures exchange traded fund. Grayscale, an institutional investment giant, is reportedly considering converting the Bitcoin Trust into an exchange-traded fund (ETF). On Oct. 17, Barry Silbert from Digital Currency Group, Grayscale’s CEO, suggested that Grayscale […]

read more

99% of All Bitcoin Supply Is Now in Profit

Bitcoin, the world’s most valuable digital asset, saw a major rally during the first two weeks of October. BTC is now up by more than 40% since 1 October 2021. Due to the latest rally, a large part of the overall Bitcoin supply turned profitable. According to Glassnode, one of the leading on-chain analysis firms, […]

read more

Weekly close at all-time high — 5 things to keep an eye on in Bitcoin this week

This week is exciting with Bitcoin challenging all-time highs, and ETFs potentially launching in the United States. Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again.After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place […]

read more

New York businesses request governor to deny crypto mining permits

The environmental impact of crypto mining continues to be a concern for regulators and businesses. A group of local businesses has asked the New York State Governor Kathy Hochul to deny permits for the conversion of city’s old fossil fuel power plants into crypto mining centres. The request comes in the form of a letter […]

read more