As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The […]

Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as […]

Sam Bankman-Fried’s cryptocurrency trading platform FTX has managed to overtake two major cryptocurrency exchanges in spot trading last month: Coinbase and OKX. FTX overtook these exchanges after seeing its volume rise 90% from the month prior. According to CryptoCompare’s May 2022 Exchange Review, FTX’s May trading volume surged 80.8% to […]

Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing prices nearly 8% lower, as of writing. Bitcoin Following a strong start to the week, bitcoin was once again trading […]

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization […]

Bitcoin spot trading volume into the U.S. dollar decreased by 25.5% last month to 707,000 BTC, the lowest recorded figure for the fiat currency since August 2019. Meanwhile, USDT remained the stablecoin with the largest BTC volume in April, with 3.18 million BTC being traded. That’s according to CryptoCompare’s April […]

Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, says that the U.S. could be heading towards another economic depression and market “bust.” “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the importance […]

As cryptocurrency prices keep on dropping, investors flooded out of cryptocurrency investments products in April and their average daily trading volumes fell 16.3% to $244 million, marking the sixth consecutive month of declining trading volumes. According to CryptoCompare’s Digital Asset Management Review report, the trading volumes of cryptocurrency investment products […]

NEAR rose to its highest level since last Thursday, as prices rebounded from recent lows. SAND and RUNE also climbed from long-term support levels on Tuesday, with RUNE rising by over 20% in today’s session. THORChain (RUNE) RUNE was easily one of the biggest gainers during today’s trading session, as […]

Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled […]