The Rise of Cryptocurrency in 2021 A Year of Surging Prices and Political Support Last year was a momentous one for the cryptocurrency market, with prices skyrocketing and Bitcoin hitting an all-time high of over $100,000. The surge in prices was fueled by a combination of increased adoption, institutional investment,
Vitalik Buterin’s Investment Strategy: Ethereum Dominates Portfolio Vitalik Buterin’s Portfolio Composition Vitalik Buterin, the co-founder of Ethereum, has revealed that he holds less than 10% of his portfolio in Bitcoin. This may come as a surprise to many, considering Bitcoin’s status as the original cryptocurrency and the most widely recognized
Geth Releases “Schwarzschild” Update to Fix Critical Vulnerability The Vulnerability Geth, one of the most popular clients for running Ethereum nodes, recently released the “Schwarzschild” update (v1.14.13) to address a critical vulnerability in Ethereum’s p2p layer. This vulnerability exposed nodes to potential Denial of Service (DoS) attacks, which could have
Bulls Losing Momentum in Crypto Market What CoinStats Reveals According to CoinStats, the bulls in the crypto market have started losing their initiative. This is a significant shift that could have far-reaching implications for traders and investors worldwide. The once dominant bullish trend is showing signs of weakening, causing concern
Welcome to our blog post! From meme to financial instrument: the new role of Dogecoin in economic inclusion When Dogecoin was first created in 2013, it started off as a fun and light-hearted cryptocurrency based on the popular “Doge” meme. However, over the years, Dogecoin has evolved into much more
The Beneficial Impact of Increasing Bitcoin Holdings Introduction Recently, there has been a significant development in the financial world as a renowned group decided to increase its bitcoin holdings for the first time since March. The group now holds nearly 84,000 BTC, which is worth about $7.8 billion as of
Coinbase Derivatives Seeks Approval to Introduce Solana and Hedera Futures Coinbase Derivatives, a subsidiary of the popular cryptocurrency exchange Coinbase, is seeking approval from the US Commodity Futures Trading Commission (CFTC) to introduce futures contracts for Solana and Hedera. The exchange is hoping to launch these new contracts on February
Purpose Investments Joins XRP ETF Race Introduction As the world of cryptocurrency continues to evolve and expand, more traditional asset management firms are looking to get in on the action. Purpose Investments, a well-established Canadian firm with $23 billion in assets under management (AUM), is the latest player to enter
The Benefits of Cardano’s On-Chain Governance The Plomin Hard Fork The Cardano network recently completed the Plomin hard fork, marking a significant milestone in the project’s development. This update introduced on-chain governance, a feature that allows network participants to vote on proposed protocol changes directly on the blockchain. The mainnet
Colombia’s Unemployment Rate Surges On January 31, 2025, Colombia released its latest unemployment figures, revealing an unexpected rise to 9.1%. This marks a significant increase from December’s rate of 8.2% and surpasses the forecasted figure of 8.5%. The 10.976% change has been noted, but with an impact assessed as low,
Purpose Investments Files Prospectus for Purpose Ripple (XRP) ETF The potential impact of the Purpose Ripple (XRP) ETF Recently, Purpose Investments announced that they have filed a preliminary prospectus with Canadian regulators for the proposed launch of the Purpose Ripple (XRP) ETF. This news has sparked significant interest and excitement
Overview of Morocco’s M2 Money Supply Data On January 31, 2025, Morocco reported a year-over-year growth of its M2 Money Supply at 9.0%, demonstrating an increase from the previous figure of 7.9%. Although this change indicates a 13.924% growth rate, the impact on the market remains assessed as low. The
Overview of Slovenia’s Unemployment Rate Slovenia’s unemployment rate remained unchanged at 4.6% as of January 2025, signaling stability amidst global economic uncertainties. The data, remaining consistent with both the previous and forecasted rates, reflects a steady labor market within the Central European nation. Implications for Slovenia and Global Markets Domestic
The Future of Banking: Exploring Blockchain Technology Introduction The Swiss banking giant has been at the forefront of technological advancements in the finance industry. One of the latest experiments they have been conducting is with blockchain technology. Most recently, they have partnered with a layer-2 firm to test the scalability
Stellar Lumens Price Consolidates in January Stellar Lumens (XLM) performance Stellar Lumens’ price consolidated in January, mirroring the performance of Bitcoin and most other altcoins. The cryptocurrency traded at $0.4240 on Friday, down 33% from its peak in November last year when it experienced a strong rally. This price movement
An unexpected shift in the Chicago Purchasing Managers’ Index (PMI) has caught the attention of economists and market analysts around the globe. On January 31, 2025, the Chicago PMI reported an actual reading of 39.5, up from the previous 36.9 and slightly below the forecast of 40. This medium-impact reading
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