The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. The cryptocurrency markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may…

It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network. The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% …

In May more than $600 billion in value was lost from digital wallets and cryptocurrency exchanges across the crypto industry, exacerbating the likelihood that the current crypto winter will be longer and market sentiment will descend further into negative territory. When we refer to market sentiment, it’s a testament to…

The first half of 2022 has been a tough time for crypto investors. Bitcoin (BTC) is down more than 50% from its November all-time high, and many altcoins have lost significant value. A project with many developers and a program of rolling upgrades is a good indicator that can survive…

A bipartisan cryptocurrency bill sponsored by US Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York was introduced to the Senate earlier this month, known as the Responsible Financial Innovation Act. Essentially, it’s designed to provide a regulatory framework for crypto, including clarity around the role of regulatory…

Terra is back in the spotlight after cryptocurrency investors filed allegations of fraud and financial violations against Terraform Labs founders Do Kwon and Daniel Shin. …

Recently, Ethereum announced the launch of the Eth2 beacon chain, which will be merged with the public testnet Ropsten in preparation for a final merger planned for later this year. This is designed to merge the Eth2 beacon chain with the Ethereum mainnet, ultimately converting the network from proof-of-work (PoW)…

World-renowned e-commerce platform eBay, with 142 million users worldwide, recently announced its first foray into the NFT space with the launch of a series of sports themed, featuring iconic athletes. Starting off with hockey star Wayne Gretzky the 13 limited edition collectibles have one important distinction from the likes of…

Earlier this month, the Terra blockchain token LUNA collapsed in value while trying to stabilize its stablecoin TerraUSD (UST), causing the price of LUNA to plummet by more than 99%, and wiping more than $50 billion off its market value in the process. Recently, in a controversial move Terra announced…