Algorithmic Stablecoin Market Report: A Look at the Decline

Stablecoins are having a downturn, yet the algorithmic stablecoin market has been hit harder by the collapse of TerraUSD last year. Even in the aftermath, algorithmic stablecoins have continued to struggle.  A recent report from CryptoCompare highlighted the situation of algorithmic stablecoins and the stablecoin market.  According to the report, the market capitalization of algorithmic stablecoins […]

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Number Of Illicit Crypto Transactions Breaks New Records In 2022

According to a new report by Chainalysis, a blockchain analysis firm, illicit cryptocurrency activity reached an all-time high in 2022. Despite the tumultuous year the industry faced, the report states that the total cryptocurrency value received by illicit addresses reached $20.1 billion, an increase from $18 billion in 2021 due to sanctions targeted toward cryptocurrencies. […]

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JPMorgan Report Reveals that 13% of Americans Had Owned or Owns Crypto

Between 2020 and 2022, 43 million Americans invested in cryptocurrencies. JPMorgan Chase & Co, a New York-based multinational investment bank and financial services holding company, has revealed that around 13% of Americans owned or currently own crypto. According to the report “The Dynamics and Demographics of US Household Crypto-Asset Use,” the percentage of the population […]

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Spain Becomes the Third-Largest Crypto ATM Holder

Spain has surpassed El Salvador and is currently the third-largest crypto ATM holder worldwide. Spain gets named the third-largest Bitcoin and crypto ATM hub in the world. According to the data shared by CoinATMRadar, Spain currently has installed 215 crypto ATMs, representing 0.6% of all Bitcoin and crypto ATMs available worldwide. Did you know? Want […]

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Cybersecurity Firm SonicWall Reveals Cryptojacking is on the Rise

The security titan has revealed some troubling statistics, showing that cryptojacking is still on the rise. SonicWall, an American-based next-generation cybersecurity company founded in 1991, has recently revealed that the financial services industry has faced a massive 269% increase in cryptojacking cases. According to the official mid-year report, the number of such attacks increased by […]

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Axie Infinity is painting a huge bearish pattern– will AXS rate crash another 95%?

Axie Infinity (AXS) has been forming a giant bearish reversal pattern since July last year, which could send its prices down by another 95% in 2022. AXS risks one big breakdown Dubbed the “inverted cup and handle,” the pattern is identified by its large crescent shape followed by a modest upward retracement. It typically resolves […]

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A short-term BTC rally or trend reversal? Find out now on ‘Market Talks’ with Crypto Jebb

The latest episode of Market Talks welcomes Nicholas Merten, the founder of DataDash, one of the largest cryptocurrency YouTube channels.Merten is an international speaker, thought leader and crypto analyst. He has utilized his 10-plus years of experience in traditional markets to understand the potential of cryptocurrencies and help his 515,000 YouTube subscribers make better investment […]

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Bitcoin’s longest ‘extreme fear’ streak finally breaks

Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market.  The Crypto Fear and Greed Index increased from “extreme fear” to merely “fearful” on July 19, reaching a score of 30 out […]

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Ethereum traders assess fakeout risks after 40% ETH rate rally

Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential moving average (5-day EMA; the red wave) and a descending trendline (black) […]

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DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’

Decentralized finance (DeFi) has massive potential to transform traditional financial services. Data from Emergen Research recently found that the global DeFi platform market size is expected to reach $507 billion by 2028. Moreover, the total value locked within DeFi currently exceeds $75 billion, demonstrating fast-paced growth compared to previous months this year.Yet, DeFi’s potential may still not be realized by business […]

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