Recently, highly respected equity research analyst and investment strategist Lyn Alden talked about how stablecoins are being used and how they will be used to solve real world problems over the next decade. Alden, who provides equity research and investment strategies for clients, made her comments during an interview with Anthony Pompliano, where she highlighted the “significant” role that stablecoins are playing […]

On Friday (August 5), Tesla and Space X CEO Elon Musk shared his latest thoughts on crypto. Popular meme-based cryptocurrency Dogecoin ($DOGE) was initially released on 6 December 2013, as a “fun and friendly internet currency.” It was created by Billy Markus and Jackson Palmer. Dogecoin is “a decentralized, peer-to-peer digital currency” that has as its mascot “Doge”, a Shiba Inu (a Japanese breed of dog). […]

Shares of financial technology and bank holding company Green Dot Corporation (GDOT) are down more than 10% Friday morning despite reporting better-than-expected second-quarter results. Net income for the second quarter decreased to $15.0 million or $0.27 per share from $24.9 million or $0.45 per share a year ago. Excluding one-time items, earnings were $40.4 million or $0.74 per share Revenues […]

Michael Saylor, one of the most prominent bitcoin advocates, will be relinquishing his CEO role to a deputy. As Saylor moves into the executive chair, it begs the question of what it really means for bitcoin. Michael Saylor Drops CEO Role At MicroStrategy In what is undoubtedly one of the most surprising resignations in crypto to date, Michael Saylor, who […]

The flagship cryptocurrency Bitcoin ($BTC) has flashed a rare bottom signal for only the fourth time in its existence, suggesting the bear market may soon be over and that BTC’s price could soon start recovering after at one point being down 74% from its peak. According to widely-followed cryptocurrency analyst TechDev, Bitcoin’s 1-year HODL waves metric has seen its 200-day […]

The decreasing supply of stablecoins circulating could suggest that the flagship cryptocurrency Bitcoin ($BTC) is set to breakout upwards in the near future, based on historical data. That’s according to cryptocurrency analytics firm Santiment, which noted in a new report that the circulating supply of leading stablecoins Tether ($USDT) and $USDC has been decreasing since May of this year. While […]

World markets rallied as upbeat corporate earnings data helped revive market sentiment. Expectations that the Fed may slow down its interest rate hikes added to the positive sentiment. Crude prices however dropped ahead of the OPEC+ meeting later in the week. Asian stocks gained. European stocks are also trading higher. The Wall Street Futures are however trading lower. The Dollar […]

Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts in non-staff costs. The team explained that the cost-cutting was meant to transform the exchange into a leaner business. The CoinFLEXCoinFLEX Resumes Crypto Trading With Limited Withdrawals of Up to […]

Bitcoin has grown and surpassed the initial expectations of early proponents. Once considered worthless, the crypto asset has silenced its doubters and surged to become one of the most promising asset classes in the financial markets. And now, a new report notes that some industry experts expect Bitcoin to cross the $100k mark in 3 years. Panellists see BTC reaching […]