Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.
Indonesia-based cryptocurrency exchange Pintu announced the company has completed an extended Series A funding round by raising $35 million dollars, led by Lightspeed Venture Partners, citing multiple sources.
A study released on Monday shows that 43% of own Singaporean cryptocurrencies, while most of the crypto investors range between 25 to 44 years old, according to the Independent Reserve Cryptocurrency Index (IRCI).
CryptoCompare's monthly report shows that assets under management (AUM) declined 14% compared to the previous month, while the total trading volumes plummeted by 35.4% across all digital-asset investment product markets.
Anthony Scaramucci, the founder of SkyBridge Capital and former White House communications director, believes that as Bitcoin (BTC) continues being widely adopted, investors ought to accept the trajectory and level of volatility in the leading cryptocurrency.
Jeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.
Ever since Tesla CEO Elon Musk’s announced that the automaking company will be dropping Bitcoin payments, Bitcoin has plunged dramatically on the crypto market, shedding more than $10,000 of its value.
The SEC has filed a motion to dismiss Ripple’s lack of "due process and fair notice" defence, which pinpoints that the fintech firm had not been warned beforehand that XRP was in violation of securities laws.
With Gary Gensler officially sworn in as the official Chairman of the Securities and Exchange Commission (SEC), many XRP advocates are hoping that this may be an opportunity for the SEC and Ripple to revisit the basis of the lawsuit and to rediscuss it.
Barbara Corcoran of Shark Tank, a famous US investor who is known for developing a billion-dollar real estate empire with just a $1,000 loan, has said that real estate is the best investment you can leverage to make money.