“We’ve Been Preparing For This,” Ripple CEO Reveals Huge Growth And Hiring Plans Despite The Crypto Winter 2022
Despite the ongoing crypto bear market, Ripple CEO Brad Garlinghouse has declared that the company will continue to hire. Garlinghouse indicated in a series of hopeful tweets on Tuesday that Ripple has a “large cash balance” and could thus afford to keep employing the best personnel. He also stated that they planned to hire around […]
According to Deloitte, 75% of retailers expect to accept crypto payments within the next 24 months.
The main reasons mentioned for wanting to use crypto payments were to improve customer experience, expand their client base, and have their brand viewed as “cutting edge.” According to a new survey, three quarters of US retailers aim to accept crypto or stablecoin payments over the next two years. It also discovered that more than […]
Despite the altcoin massacre, Metaverse tokens are up 400% year over year.
Metaverse tokens are up and they one of only two crypto categories to see price growth year over year, according to a recent study from Kraken Intelligence. Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. According to statistics from Kraken Intelligence and CoinGecko’s May […]
Mega Whales Are On A Bitcoin Shopping Spree, Having Acquired The Year’s Largest Supply Of BTC
Bitcoin tycoons are steadily gaining ground on other types of investors. According to new research, the largest whales have the “highest annual supply of BTC.” These whales have accumulated more assets in the last 20 weeks by taking advantage of the price drop. Bitcoin (BTC) is now experiencing a price slump, but underlying the negative […]
Illuvium, an Eth NFT game, has sold over $72 million in digital land plots.
Even in a weak market for NFTs, the role-playing game’s maiden land sale on Immutable X yields a large amount of cryptocurrency. In summary Illuvium, an Ethereum-based game, sold approximately $72 million in NFT digital land plots. The land plots in the upcoming PC and Mac game, which will be released later this year, provide […]
Shiba Inu Could Get A Utility Boost and Get Out of the Memecoin Battle Soon
Shiba Inu made headlines in 2021 after skyrocketing by over 13,000 per cent in just a few weeks to enter the top ten cryptocurrencies by market capitalization. However, the development team wanted to provide real-world utility six months later rather than the meme coin moniker that helped it gain notoriety. Shiba Inu’s community is buzzing […]
There are five reasons why Bitcoin may be a better long-term investment than gold 2022
Bitcoin is often referred to as “digital gold” by crypto enthusiasts, but how does BTC compare to gold as a long-term investment? Many financial professionals have recommended investing in gold to hedge against volatility and a likely decrease in the value of the US dollar as a result of the emergence of forty-year high inflation […]
According to a survey, crypto fund managers are increasing their bets on $ADA, $DOT, and $XRP 2022
Crypto fund managers with over $200 billion in assets are abandoning the second-largest cryptocurrency Ethereum ($ETH) in favour of three other altcoins: Cardano ($ADA), Polkadot ($DOT), and Ripple ($XRP). According to CoinShares’ Digital Asset Bi-Monthly Fund Manager Survey, investors have been steadily shifting away from Ethereum since March, transferring funds to these three cryptocurrencies, which […]
June Hard Fork, P2P Protocol, DJED Stablecoin, and Other Cardano Events
Cardano users are anticipating a slew of new releases on the network this summer. In the coming months, the Cardano network will see a series of major ecosystem updates like DJED stablecoin. The network’s developer activity is nearing all-time highs, and here’s what users can expect this summer. Hard fork in June Benchmark scripts, online […]
Why Ethereum Could Extend Its Rally If It Tests $2K
In terms of the US Dollar, Ethereum has risen over the $1,940 resistance zone. Ethereum has even risen beyond $2,000, suggesting that gains could be extended in the foreseeable future. Above the $1,920 and $1,940 marks, Ethereum began a recovery wave. The price is presently trading above the $1,920 hourly simple moving average and the […]