2023 For Crypto ‘So Far So Good’ Since the beginning of 2023, the crypto world is thriving and investors are riding on a rollercoaster ride. Most important, Bitcoin has been switching hands at a better and bigger price on which it was trading on 31st December 2022. Bitcoin ended 2022 with a price tag of…
After Its Debut, Doge Meme-Based Cryptocurrency BabyDoge Price Rises By 23%
The value of Baby Doge Coin considerably increased as a direct consequence of the answer that was given. The fee that is related to the purchase of BabyDoge has experienced a significant price hike as of late. As an immediate result of the replies that surfaced throughout the course of the previous day. When the…
What is Wash Trading and How Does It Work?
The act of buying and selling securities within a very short time to mislead other traders regarding the liquidity or price of those securities is called wash trading. While wash trading had been effectively banned in the securities market, the crypto market had yet to catch up with the regulations, and wash trading is still…
Paxos Stops BUSD Minting As SEC Gears Up For Lawsuit
As per reports, the latest target of the Securities and Exchange Commission (SEC) is the issuer and owner of Binance USD (BUSD), the third-largest stablecoin in the market. The company has confirmed that the regulatory agency is planning on filing a lawsuit against Paxos Trust for violation of investor protection laws. The announcement Paxos announced…
News From US Regulators Results In BNB Price Getting Dumped Below $300
The regulatory authorities have just gone after Paxos and the stablecoin that it reportedly issues. Paxos is known for the development of the BUSD stablecoin and the regulators are now going after it. Prior to the reports of scrutiny launched by the regulators, the trading price of Bitcoin (BTC) had hit a high of $22,000….
Ripple CEO Shares Concerns Over Lack Of Clarity In Crypto Regulation
One of the biggest issues that the US happens to face in terms of cryptocurrencies, according to the Ripple CEO, is that regulation lacks clarity. The CEO of Ripple happens to be one of the very few executives who understand the importance of regulation in the crypto market. More specifically, he is a big supporter…
These Metaverse Crypto Projects Show Great Potential For 2023
Despite the stock market’s skepticism towards Mark Zuckerberg’s significant involvement in the metaverse space, the support for individual metaverse ventures remains unwavering. According to leading data analysts, a staggering $1.2 billion was invested in blockchain games and metaverse projects during the third quarter of 2022 alone. This showcases the continued faith and confidence in the…
What is Cloud Mining and How Does It Work?
Cloud mining is currently being used as an alternative to regular cryptocurrency mining; in which the miner directly uses cryptocurrency mining hardware to mine new crypto. Cloud mining is a good choice for those people who have little to no technical knowledge of mining hardware, live in countries where crypto mining is considered illegal, and…
Binance Suspends India’s Iconic Crypto Firm Wazirx’s Access To Its Digital Wallet
Binance Curbs Indian Wazirx’s Access To Its Digital Wallet Binance Global has announced that it has curbed India’s leading platform, Wazirx’s, access to its digital wallet service. The announcement, which was made public on Friday, suggested that Wazirx would no longer avail services of Binance wallet. The announcement further noted that since Wazirx’s access to…
Crypto Coins vs Tokens: Similarities and Differences
Introduction As a result of complicated language and concepts in the cryptocurrency industry, the phrases “coins” and “tokens” are often confused with one another and thought to refer to the same thing. Despite the fact that they are both units of cryptocurrency, “coins” and “tokens” are indeed two distinct things with two entirely different uses…
Neon Expecting Huge Interest From Early Buyers Of $NEON’s Presale
Neon Link’s Upcoming $NEON Pre-Sale Neon Link, a company committed to introducing innovative and effective gaming technology, announced the commencement of the pre-sale of its native utility coin ‘$NEON’. The company announced that the pre-sale of $NEON shall be commenced on 15th February 2023, which is a Wednesday. When the presale gets launched, the users…
What Are Wrapped Tokens And How Do They Work?
Most of the tokens in the cryptocurrency market have their Wrapped version. For example, Wrapped Ethereum (WETH) and Wrapped Bitcoin (WBTC) are available on many crypto exchanges. These tokens are termed Wrapped Tokens. Wrapped Tokens are just like any other cryptocurrency, but they’re on another blockchain as compared to their parent token’s blockchain. Wrapped Tokens…
Bay Exchange Review – Top Reasons to Use their Services
Bay Exchange Review At the end of this review article, you might want to consider Bay Exchange as your potential trading partner to help you kickstart your trading journey. From my personal experience, I have discovered Bay Exchange to be quite efficient as it provides traders with the tools they need to succeed. Choosing the…
According To Experts These Four Cryptocurrencies Are Worth Investing In 2023
Talk of the global cryptocurrency market the overall market cap is on the rise. In addition to that Bitcoin and Ethereum are cruising on their way to rising. Bitcoin (BTC) and Ethereum (ETH) are priced at $23,000 and $1,500, respectively. Despite the fact that in today’s Federal Reserve meeting, the Fed chair has decided to…