Author: Kristen Dean

Bitcoin tumbles to a 1-month low in broad cryptocurrency sell-off after Russia attacks Ukraine

Bitcoin fell to its lowest point in a month, along with a wide decline in other cryptocurrency after Vladimir Putin ordered Russian troops to attack Ukraine. Within minutes of Putin’s broadcast decision to launch an’special military operation’ against Ukraine’, there were reports of flares and explosions from at least five locations within the country, including Kyiv. According to data from CoinMarketCap, Bitcoin

Will Bitcoin Overcome Instability to Replace Gold?

After a record-breaking start to 2021, and two spectacular rallies towards breaking all-time highs in the last year, investors have expressed confidence that the asset will exceed $100k by the end of 2022. Unfortunately, this optimism was short-lived and USD plunged more than 50% from its peak of $69,044.77 on November 10, 2021. Bitcoin’s price chart shows that

Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022

According to Marius Reitz (general manager) of Luno cryptocurrency exchange, Africa, Kenya will lead the peer-to-peer cryptocurrency market in the world for the second year running. The GM quotes a report to justify his choice of Kenya over the other heavyweights. He also points out Kenya’s booming cryptocurrency market and Kenyans’ familiarity with digital payments solutions. According

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

NFTs are a huge deal in 2021, and have almost become a billion-dollar business. Popular collections such as the Bored Ape Yacht Club, Cryptopunks and Meebits have been sold for hundreds of thousands to even millions of dollars each NFT. The blockchain-based lending platform Nexo launched a lending desk this week to provide liquidity to NFT owners who use

Bitcoin hits $56k as ‘Big Short’ investor Michael Burry brands Shibu Inu ‘pointless’

On Monday morning, cryptocurrencies rose as bitcoin held above the key level of $50,000 (PS36.653). Bitcoin (BTC-USD) traded at $56,509, up 1.5% from April’s record high of $63,000. This is less than 15% off the record. Ethereum ( Ethereum-USD), second largest crypto market capital, traded at $3,611 after a 0.7% increase. Analysts predict a record-breaking rally

Why Bitcoin And Other Crypto Prices Are Plunging?

This decline in cryptocurrency’s value occurs at a time when institutional interests in the industry have risen. Some investment banks have increased their estimates for cryptocurrency in the next months. As investors seek to protect themselves from risk, analysts expect more volatility this week. According to CoinShares data, crypto funds and investment products saw inflows

Bitcoin Will Protect Your Wealth From The Government

The government is a parasite pretending to be our friend. The government wants us to believe that they are in our best interests while enriching themselves, their cronies, and ourselves. Governments exist to support themselves. They don’t shrink; they only get bigger. This is true for both democracies and dictatorships. Unstated goals are for the 1% and 99% to