Monero (XMR), the privacy cryptocurrency giant, has proven its worth by gaining value while all other major cryptocurrencies, even Bitcoin (BTC), the largest cryptocurrency, have been bleeding. Earlier, this privacy crypto was failing to outperform its newbie competitors. However, defying today’s ‘red’ trend is enough to know that Monero has …
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GameStop NFT Opening Week Sales Overshadow Coinbase
On July 11, 2021, GameStop Corp. (NYSE: GME), a gaming merchandise retailer, announced that it has launched its non-fungible token marketplace to allow gamers, collectors, creators, and other community members to buy, sell, or trade NFTs. The GameStop NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that lets the …
Read More »Smooth Love Potion (SLP) Crypto Gains 20% After Prolonged Bearish Sessions
Smooth Love Potion (SLP), a forerunner of the Axie Infinity Ecosystem, had been in immense losses due to the prolonged ‘red’ sessions in recent months. The crypto crash sessions made things worse as the coin has lost over 90% of value since the year’s beginning. However, the coin’s recent surge …
Read More »Kusama Crypto (KSM) Gains Continue Ahead Of Binance Listing
The crypto market has ended the ‘red’ streak and now has been extending its gains recently. While major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have gained over 20% and 40%, respectively, in the last seven days, there is an unsung hero of the market that recently reversed its losses. …
Read More »Celsius Bankruptcy Filing: A Huge Blow For Its Customers
Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »This New Crypto Entrant Defies The ‘Red’ Trend Of Competitors
The crypto market has been seeing the worst swings in recent months due to one occurrence or the other. First, the Russian invasion of Ukraine induced a prolonged bearish session in almost all financial markets around the world. During a relief from the red trends, there are a number of …
Read More »RBI Crypto Ban Plea Needs Global Support: FM Sitharaman
The Reserve Bank of India (RBI) has initiated a request to the Central government regarding the formulation of crypto regulations and to exercise a ban on them. To this, Finance Minister Nirmala Sitharaman remarked saying the RBI crypto ban plea would only be thought about if it garners “global collaboration” …
Read More »This Monero Competitor Gains Over 400% Beating A ‘0’
The privacy cryptocurrency domain is relatively small with a greater amount of competition. After Firo (FIRO), it seems that another crypto is set to outpace Monero (XMR), the privacy token giant. The Monero competitor we are talking about skyrocketed by over 400% and even overtook a ‘zero’ in a matter …
Read More »Is Ethereum A Buy Or Sell Today?
Ethereum (ETH), the second-largest cryptocurrency, has seen its prices shooting up lately. The sudden ‘green’ movement has amazed its investors and supporters. However, the question of “is Ethereum a buy” has been worrisome for them. The bullish rally of about 40% between July 13 and July 16 surely caught the …
Read More »South African Crypto Regulations Set To Be Stringent
The cryptocurrency space has been unregulated for quite a long time now. Hence, the already volatile domain has offered higher risks over time. However, the crypto framework is set to change as the South African Reserve Bank (SARB) has altered its understanding of crypto and now considers it as a …
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