MEXC clients from the U.S. and Canada can, for the first time in four years, make direct USD fiat deposits via SWIFT and Fedwire transfer, an announcement on June 8, 2022, reveals. This follows the launch of the Global Bank Transfer Program implemented on June 7, 2022, from 1300…
The next challenge for the crypto ecosystem lies in its adoption by the general public. This is the mindset behind the Akt.io project, which completed an exceptional 27 million euros ICO. What is the Akt.io initiative and how does the company plan to democratize access to wealth management? We’ll answer…
If you’re still familiarizing yourself with crypto, you’re probably dealing with many questions and doubts regarding various apps and software you’ll need to sell, buy and protect your crypto assets. To help you out, we came up with a list of apps suited for beginners that can navigate you through…
By 2027, the expected market cap for cryptocurrencies will be $24 trillion, equivalent to 10% of global GDP. So, we can clearly say that digital assets are booming. Cryptocurrencies are used by various companies. For example, in the financial and technology sectors. Tesla and Square have invested $1.5 billion and…
We’re two weeks into 2022, and the crypto market isn’t showing any determined trend, be it upward or downward. In times as vague as these, it always pays to take your eyes off the big players and explore new and promising places to invest. Available on the Litebit exchange, alongside…
In these challenging times for the crypto market, it’s nice to look on the bright side of things. Indeed, it’s these kinds of trials and tribulations that usually spawn the best investment opportunities. Today, we invite you to discover the Harmony (ONE) project, available on the Litebit exchange. After…
In an interview to Yahoo Finance Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO, has compared Bitcoin and Ethereum with cockroaches, stating that they are extremely difficult to kill. Best way to play Bitcoin history is rich in ups and downs. BTC supporters are confident in its ability…
An emailed reply from the US Securities and Exchange Commission has been recently leaked. It mentions a claim that the commission has never made any statements on Ethereum’s status, even though there’s a 2018 speech on whether Ethereum and Bitcoin (BTC) are securities or not by William Hinman, the…
The Federal Reserve System (Fed) together with the Federal Deposit Insurance Corporation (FDIC) and The Office of the Comptroller of the Currency (OCC) have released a 2022 Agenda with a focus on storage, cryptocurrency-backed loans and capital standardisation. 2022 Agenda Recently, the Fed, FDIC and OCC have released a 2022…
Invesco, an independent investment management company, dropped its attempts to launch an ETF linked to Bitcoin futures in the US. This happened just a month ago, exactly a day before a competing product by ProShares began trading. Ever wondered why? Well, its executives just revealed real reasons behind the…
A little over ten years ago, the first cryptocurrency named Bitcoin (BTC) came about and got the crypto ball rolling. These days you can find hundreds of various cryptocurrencies that serve different purposes and have different properties. Of course, some digital assets have become more popular, while others are known…
Do you have a sports team you live to support? Do you think it’s important to attend its matches? And how important is it to buy official merchandise from the team’s website? The ease and accessibility of online communication have made it possible to engage in various forms of online…
Matt Damon has become the face of Crypto.com, the world’s fastest-growing crypto platform, by starring in a grandiose Holywood-tier commercial produced by David Fincher. The ad carries a grand message to the world “Fortune favours the brave,” goes the ad. Those are the four words whispered by the intrepid…
Have you ever dreamt of making money at the push of a button? Your dream is now closer than ever with crypto staking: a practice that can bring you profits and takes no more than a few clicks to begin. Note: This article is brought to you by Crypto.com.
Chainalysis, the famous on-chain analysis company, recently published a study on the rates of cryptocurrency adoption around the world. Dubbed the Global Crypto Adoption Index, this study allow us to draw interesting conclusions about the direction crypto is developing in the countries of the world, and the UK –…
Fear and greed index is a variable that shows to what extent investors are inclined to buy BTC and therefore shows where the crypto market is most likely to go. The index has values from 0 to 100, where 0 is extreme fear and 100 is extreme greed. There is…
American billionaire and CEO of Omega Advisors hedge fund Leon Cooperman had an interview with CNBC, where stated that he does not understand cryptocurrencies, but this may be due to the fact that he is simply too old for them. American billionaire Leon Cooperman, the 78-year-old CEO of investment fund…
Binance, the world’s largest cryptocurrency exchange, has announced a new appointment. Brian Shroeder, the former CEO of Ant Group Co. and Uber Technologies Inc., will become the CEO of Binance.US, the US arm of the marketplace. Schroder will take the place of the recently retired Brian Brooks, who served as…
On 1st September, Elon Musk tweeted about his Starlink project in Afghanistan, saying he was ready to launch a Starlink satellite over the country’s territory. Yesterday, Ripple’s technical director David Schwartz responded to Musk’s tweet, expressing his heavy irony. Elon Musk is sure he will easily launch Starlink…
The tensions between the cryptocurrency giant Ripple (XRP) and the US Securities and Exchange Commission (SEC) escalate. Ripple requires the financial regulator to provide details of the so-called “Howey test”, which classified XRP as a security. SEC vs. Ripple Ripple requires the US Securities and Exchange Commission to provide details…
Solana has grown by leaps and bounds this year. SOL token prices are constantly rising, while the digital asset itself has already entered the top ten cryptocurrencies according to CoinMarketCap. Many investment giants, including Spartan Capital, also turned their attention to this blockchain. The Solana network itself is an…
2FA stands for Two-Factor Authentication – a security system that exists on most websites in the crypto world. In this article, we will explain in general terms how investors can protect their accounts using 2FA. Although the idea of setting up F2A on your accounts may seem a bit boring,…
The term bear market is used by crypto investors to refer to a market where most stocks are declining in value, as opposed to the term bull market, which stands for a market on the rise. A bear market has its distinct characteristics and is important to understand if you…
AML stands for Anti Money Laundering. In crypto, this term is widely used because many critics claim that digital assets are used for money laundering. Although the fight against money laundering takes place in all economic sectors, this article will focus on AML measures specific to the blockchain world. Why…
Bitconnect was an investment lending platform operating in the crypto sector, known for developing a classic Ponzi scheme. The company promised its investors significant returns, paying out existing loan interest with newly pledged loans. It wasn’t the only scam ever pulled off in the industry, but it’s…
In cryptocurrencies, a block reward is the reward given to miners who have added a block to the blockchain. Depending on the digital asset in question, the attribution of these rewards may vary. However, in most cases, people who insert a block into the blockchain receive some of the coins…
A bull market is a market in which prices are rising or are expected to rise. The word is widely used by crypto investors in contrast to the term bear market, a market where most stocks are declining in value. Usually, it’s quite easy to profit in a …
An atomic swap is a peer-to-peer exchange that allows two users to exchange digital assets without going through an exchange, centralised or not. How does it work? While the core principles of an atomic swap are relatively easy to grasp, the whole thing is a bit harder to get…
Robinhood has just taken another hit. Its shares dropped 10% on Thursday, 19th August, the lowest after its worst trading debut among companies with an IPO of the same size. The company started with 55 million shares debuting at $38. Robinhood stock is on a rollercoaster Despite promising…
Binance.US, the US branch of the trading platform, intends to raise additional capital in its upcoming funding round, according to Changpeng “CZ” Zhao, CEO of the world’s largest cryptocurrency exchange. Binance’s investor base According to Binance CEO, even despite regulatory concerns, a number of top-level investors are showing interest…