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Apparently, it is not just those who are lucky crypto investors that are getting rich. Hackers have carted away several millions worth of crypto assets in the past year by infiltrating into the security systems of crypto exchange facilities that emerged during the bitcoin boom. This year alone, an estimate of over 20 hacks have […]

At the moment, bitcoin’s future seems to be anyone’s guess. The slump of the coin has entered a fifth consecutive week, should investors be worried? A senior professor of international trade policy (Cornell University) Eswar Prasad, said in a report earlier this month that bitcoin may not last much longer. Experts crypto-traders who use trading […]

Generally, the Crypto market is red! The market capitalization fell marginally by 5.24% over the last 48 hours to bring its standings to $2.13 trillion. Bitcoin, which trades at $48,041.50 currently (a decline of 0.69% today) saw an increase in its market dominance by 0.50 percent over the last two days. It now stands at […]

The report “Global Crypto Regulations Should Be Comprehensive, Consistent and Coordinated” by the International Monetary Fund (IMF) stated that a few emerging markets and third world economies —where a lot of people are learning how to trade cryptocurrency— face stern risks of currency substitution by crypto assets. In the report, the IMF restated its commitment […]

Bitcoin went downhill for the first time in about five trading sessions, with losses on the rise after it failed to maintain the positive energy seen following this previous weekend’s flash crash. The frontrunner of the crypto market slipped below the $50,000 level, bringing about severe losses in the New York trading. Bitcoin slumped by […]

A sharp retrace was observed on Thursday after the news of omicron led to sell-offs in the previous session. Cyclical names recovered from their recent losses.  Leading the pack is the Dow Jones Industrial Average that gained 617.75 points to 34,639.7. It was helped by a 7.5% uptick in Boeing’s stock. The S&P 500 saw […]

According to news gathered by a crypto news site—Reuters, Bitcoin has tumbled about 9%, dragging other smaller tokens along with it. This was due to the announcement from health professionals, saying a potential vaccine-resistant variant of coronavirus has been discovered. The news led to panic among investors, causing them to dump riskier assets for those […]

A New York-based news site, specializing in cryptocurrency—CoinDesk reported that the price of Bitcoin was seen to fall to its lowest value since October 13 on Tuesday evening. According to CoinDesk, the value of Bitcoin depreciated to $55,460.96 on Tuesday evening, which is an extra 20 percent reduction from the all-time high of $69,000 that […]

There was a mix in stock on Thursday as investors weighed a batch of solid corporate earnings results against current inflation concerns.  After so many ups and downs of the market, S&P 500 and Nasdaq, which can be traded on eToro, ended the session higher. The Dow lagged, which was led by a reduction in […]