Will the Crypto Market Make a Comeback? A Look Into the Recent Downturn and W...
The past few months have been quite brutal for the crypto market, both retail and institutional investors have lost a lot of money with the ecosystem wiping out close to 70% of the gains made during the 2020-2021 bull run. If you are a keen follower of the crypto market, you have probably heard of […]
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No, you’re not dreaming — NFTs have indeed made a comeback over the past several weeks, primarily driven by Ethereum’s recent surge. While a far cry from the heyday back in 2021, this recent surge should grab the attention of investors looking for assets available at a steep discount. This should shift attention back to […]
The XRP community is abuzz with excitement after a whale, a major investor, acquired a hefty 30 million XRP tokens. This significant purchase coincided with a price uptick for the altcoin, which clawed its way back from a recent slump. While some analysts see this whale activity as a bullish signal and predict a surge towards $0.50, others urge caution due to the ongoing SEC lawsuit against Ripple Labs. Related Reading: Bear Market Bites: Chainlink Loses 10%, Further Downturn To $6.80 Feared A Shot In The Arm For XRP The 30 million purchase, valued at roughly $12.7 million, sent a wave of....
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity.
Web3 Gaming Industry Thriving Amidst Economic Downturn
The current economic downturn that is affecting the traditional and cryptocurrency markets has had a less significant effect on the Web3 gaming sector. According to a recent report issued by Dappradar, the numbers coming from this industry have been positive, resisting the....
There’s a lot of ways to make – and lose – money during a bear market. While the crypto market has rallied strongly this month, it’s too early to venture that the era of “up only” has returned. For traders trying to preserve their precious capital during an extended market downturn, there are numerous money-making […]
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. The Bermuda government is pushing on with its ambitious plans to become a cryptocurrency hub despite the massive market downturn in 2022. The small island territory known for its pristine pink sand beaches and attractive taxation policies has been actively expanding its crypto sector since 2017, according to Bermuda’s minister of economy and labor, Jason Hayward. He....