reasons

These factors were key to taking the steam out of Bitcoin’s ‘frenzied crypto-rally’

Volatility in the cryptocurrency world is real, there’s no doubting that. While some expected it to be a relic of the past, it came to the fore a few days ago after Bitcoin dropped below $45,000, taking the rest of the market with it. Now, different people have attributed different reasons to the aforementioned drop. A recent Twitter thread from a Singapore-based crypto-fund firm is a case in point. According to the same, the United States played a major role in driving or rather, aggravating this volatility. QCP Capital argued

Altseason or not, here’s what separates and makes Bitcoin ‘better than the rest’

Bitcoin remains unbeatable as far as adoption is concerned. However, over the years, many competing blockchains have surpassed Bitcoin on the fronts of network functionalities and scalability. This has even lead to many youngsters terming it as the “boomer coin” since it is now invested in more by institutions, big-ticket players, and seasoned investors. On the other hand, altcoins, although speculative and risky, have the potential to offer greater returns with their exponential surges. Ergo, it’s no surprise that these are being preferred by many young risk-takers. That is not

Panama’s crypto-bill will make it ‘compatible’ with crypto-assets, digital economy

As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recently introduced its cryptocurrency bill. Panamanian Congressman Gabriel Silva, in a tweet thread, announced the same. According to him, the bill aimed to make Panama a “country compatible with the digital economy, blockchain, crypto assets, and the internet.” Moreover, use cryptocurrencies remained optional for individual citizens as well as businesses as per the said bill, which did not compel anyone to

NFT Heroes: Fitting the framework of the growing NFT avatar market

NFT marketplace NFT STARS has announced the launch of its NFT avatar collection – SIDUS: The City of NFT Heroes. The collection features 7,500 unique characters developed in partnership with over 200 modern artists from the international collective NFT256. SIDUS differs from dozens of other collections by combining the functionality of a gaming DAO metaverse, a yield farming service, and a digital art collection, all into one. The NFT Heroes collection comes forth at the perfect time, when NFT avatar projects are on the rise and the NFT market, as

Miami Startup BloomsyBox.com Ranks No. 704 on the Prestigious 2021 Inc. 5000 List

BloomsyBox “We are literally in the business of growing things from the ground up through seasonal flowers,” said BloomsyBox.com Founder, Juan Palacio MIAMI (PRWEB) August 28, 2021 Inc. magazine today revealed that Miami-based floral subscription brand, BloomsyBox.com, is no. 704 on the Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. This is the first appearance on the Inc. 5000 for vertically integrated BloomsyBox.com and Founder Juan Palacio--an immigrant from Colombia--which experienced 698% growth in revenue over the last three years. Additionally, BloomsyBox.com came in at

Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies including Worldgate, llc —the Inc. 5000

Worldgate, llc ranked in the top 5000 by Inc. This recognition goes to ALL OF OUR EMPLOYEES and their commitment to serving our clients and each other in the best way that they can every day. -- Katelyn Montgomery, President RESTON, Va. (PRWEB) August 28, 2021 Inc. magazine today revealed that Worldgate, llc is No. 3,941 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its

Cuba agrees to regulate, recognize cryptos citing ‘socio-economic interest’

Two weeks ahead of El Salvador’s official adoption of Bitcoin as legal tender, another Latin American nation has decided to officiate the use of cryptocurrencies. According to recent reports, the Cuban government has said that it wants to “recognize and regulate” the use of digital assets in the nation. A resolution was published in the nation’s Official Gazette today, one which revealed that the Cuban Central Bank will soon be implementing rules for the use of cryptocurrencies. Additionally, it will also be determining the licensing requirements for crypto-service providers within

Cuban government says it plans to regulate cryptocurrencies

advertisement Cuba is planning to regulate cryptocurrencies, according to a resolution published in its official national gazette on August 26th that was covered by the Associated Press and several other outlets.According to the text, the resolution aims to establish rules for regulating the use of virtual assets, as well as granting licenses to service providers dealing with said assets. It would allow the Bank of Cuba to authorize virtual assets and service providers “for reasons of socioeconomic interests.” In this case, virtual assets refer to the “digital representation of value”

Why this British billionaire’s family office wants more Bitcoin, crypto-investments

The growth of institutional investments in the mainstream cryptocurrency ecosystem, as well as in DeFi, has been phenomenal over the past year. A number of venture capitalists have made direct or indirect investments in the space through a number of channels. The latest addition to the same is British billionaire Simon Nixon. “Hard to ignore” The billionaire is planning to expand his crypto-allocations through his London-based venture capital firm Seek Capital. According to the Managing Director of the family office, crypto-assets have grown to acquire a significant share of interest

Longing Cardano: Does this move make sense

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during the last bear market brings forth the fifth-ranked alt’s tendency of getting less affected by the larger market.  The speculations of ADA following Bitcoin and Ethereum have been around for quite some time. As a