Rating provider S&P Global has examined the relationship between crypto assets and macroeconomics in a new report. Its conclusion is a firm “maybe” and the details are complex, mainly due to “idiosyncratic events” such as the crypto winter , geography and the industry’s short history.  Crypto assets have a different value proposition from traditional assets and different performance drivers, the […]

Arbitrum (ARB), one of the recently launched Ethereum-based Layer 2 scaling solutions, has seen a surge in its price by almost 10% in the past 24 hours. The surge comes when the global crypto market seems to be in an upward trend. However, the Arbiturm spike can be tied to a different factor. The recent increase in ARB’s value can […]

The world’s largest blockchain advocacy and trade group, the Chamber of Digital Commerce (CDC), has announced backing Coinbase in its legal and public relations battle with the U.S. Securities and Exchange Commission (SEC). The Chamber of Commerce filed an amicus brief on Tuesday, claiming that the U.S. regulator’s antagonistic stance against crypto is causing significant economic harm. Crypto Trade Group […]

In today’s The Market Report episode, analyst and writer Marcel Pechman discusses why crypto prices are going down after Bitcoin (BTC) failed to break above $29,000, plus whether or not Jerome Powell is lying about keeping interest rates above 5%, and lastly, what Warren Buffett meant by the “incredible period” coming to an end. The show airs every Tuesday on […]

On May 10, nonfungible tokens (NFT) financialization protocol ParaSpace published several alleged irregularities tying its CEO, founder, and CTO Yubo Ruan to the mismanagement of funds equaling 2,909 Ether (ETH) recovered through a white-hat interception that occurred on March 18. Ruan denied any wrongdoing, writing: “manufacturing claims with the intent to take over and force me to step down as […]

The governance token of Render has been performing poorly in the past few days as the bears took control of the market. According to CoinGecko, RNDR is down 7% in the past 24 hours, indicating that the general market downturn affected its upward momentum. However, external developments might help a bullish scenario to form.  In the case of Render, its […]

Singapore government-owned megabank DBS is among the few companies around the world that reaped major benefits from massive cryptocurrency collapses in 2022. DBS Digital Exchange, DBS Bank’s institutional crypto trading platform, saw a significant increase in Bitcoin (BTC) trading volumes last year. According to DBS Digital Exchange CEO Lionel Lim, the number of DBS crypto clients more than doubled in […]

WeBlogs Founder Jason Calcanis, who also doubles as an angel investor with a large Twitter following, made controversial statements about the XRP cryptocurrency yesterday, calling it a security. Calcanis’ opinions of the native digital currency associated with the Ripple company caused a stir of reactions from the crypto community, earning responses from the likes of Ripple CEO Brad Garlinghouse and […]

Litecoin price is attempting a recovery wave from $75 against the US Dollar. LTC could struggle to clear $82 or $85 and might start another decline. Litecoin is slowly moving higher and correcting toward $82 against the US Dollar. The price is now trading above $85 and the 100 simple moving average (4 hours). There was a break below a […]