Crypto Still Enjoys A High Trust Rating Despite Bear Market Negativity, Study...

Crypto users in the United States exhibited increased loyalty and trust in digital assets despite the crippling bear market. A Q2 Crypto Pulse Study validated that the increased volatility of crypto prices have failed to dampen the enthusiasm of Americans in the asset class. The study covered more than 28,000 retail and institutional traders and […]

Despite the downward market, global trust in cryptocurrencies like Bitcoin remains mostly unshakable, with countries like the U.S. showing more trust in crypto in Q2. The ongoing cryptocurrency winter has had little to no impact on global trust in crypto, this was the conclusion reached new study commissioned by Bitstamp exchange.Despite the downward market, global trust in cryptocurrencies like Bitcoin (BTC) remains mostly unshakable, Bitstamp said in its latest Crypto Pulse report. The study is based on a survey conducted by an independent research firm and involves 28,000 retail and....

The bear market is making things difficult for most stakeholders in the crypto industry, but a recent survey by the Bank of America shows that despite the pain, people’s interest in crypto and digital assets remains high. On Tuesday, Bank of America Global Research released a study detailing the findings of their “inaugural crypto/digital asset […]

While the NEAR market has been experiencing bearish activity, bulls have recently stepped up their pace with a rally. NEAR’s price movement has turned positive after recent bear market activity. Coingecko data shows that NEAR experienced a series of price increases and decreases before the bulls charged back on September 8. The bulls have set their sights on profits of 20% as the crypto enjoys trading in green territory in the last 24 hours. Within the past two days, there have been three noteworthy price movements. There was a big jump on September 7, then a drop later that day. The....

Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors. Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.The agency confirmed the downgrade in a note on Aug. 11, pointing toward Coinbase’s weaker performance in the second quarter of 2022 as a driving factor. Intensified competitive risk in the cryptocurrency exchange sector was also highlighted, with Coinbase losing....