The term, “Shitcoin”, is a derogatory word used in the crypto-space to describe cryptocurrency tokens with little to no value or no immediate, discernable purpose. The term was majorly used by Bitcoin maximalists as a pejorative term to describe altcoins or cryptocurrencies that were developed after Bitcoin became widespread. Cryptocurrencies such as Dogecoin, Safemoon, and Ripple’s XRP have been branded […]

Investment is the choice of those who care about the future. “You need to work hard to make more money” – have you heard this phrase? This is partly true. However, a person has a physical limit – when he can no longer earn. This is where investment comes to the rescue – when your money works for you. In […]

Recently, crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) explained why he is so bullish on $LUNA — the native token of algorithmic stablecoin platform Terra — and gave his year-end price target for $LUNA. According to Binance Research, Terra is a Proof of Stake (PoS) blockchain. They also say that $LUNA is “used in the issuance of stablecoins (TerraSDRs), as a price […]

Equiti Capital UK, a part of the Equiti Group, announced on Friday the departure of Michael Ayres, who was the Chief Operating Officer at the FCA-regulated broker. He has already been replaced by Paul Webb, who joined the London-based arm of the brokerage group at the end of July. Ayres joined Equiti Capital in 2018 in the management position and […]

US Bancorp, an American bank holding company based in Minneapolis, recently announced that it has entered into an agreement to acquire Bento Technologies, the US-based financial technology platform. According to the official press release, the latest acquisition announcement is part of the company’s vision to bring payments and banking services together to simplify cash flow and money management for small […]

As the United States continues to weigh out the best ways to include crypto businesses through an infrastructure bill, the state of Wyoming has taken proactive measures to attract Bitcoin (BTC) miners and other crypto businesses to its local jurisdiction.  Wyoming’s crypto-friendly notion comes into light as the state has passed more than 24 bills related to blockchain technology. A […]

In a push to comply with local regulators, Binance is restricting its services in Malaysia and South Korea. The exchange is terminating almost all the local services in the two countries, it announced on Friday. Both in Malaysia and South Korea, the cryptocurrency has stopped offering trading with local fiats and also terminated taking deposits with Malaysian ringgit and the […]

Crypto investors got a peek behind Tether’s curtain this week, as the digital currency disclosed how its $62.5 billion in reserves are being managed to back its integrity as a so-called stablecoin linked to the US dollar. Tether is the third biggest cryptocurrency following Bitcon and Ether. Tether revealed that nearly half of its assets were placed in traditional CDs […]