The best investor, according to the investment world, is one that diversifies their portfolio. This is completely accurate; thus, individuals nowadays look for the greatest ways to invest and obtain the most return on their money. Many individuals have been investing in cryptocurrencies since their inception, as the values of Bitcoin, Ethereum, and other leading cryptocurrencies have skyrocketed. There are many in the market that can be purchased and sold, but the question is which is the best penny cryptocurrency to invest in right now to maximize your profit? The obvious possibilities are Bitcoin and Ethereum, but there are several…
Author: Rea K.
The majority of investors who have followed Bitcoin (BTC) over the past few years have probably heard of eCash as Bitcoin Cash ABC. This asset presents itself as a secure, decentralized network that adheres to basic financial concepts. Users may execute transactions at a low cost by using the eCash ecosystem. In this article, we will talk about what eCash is and what is its price prediction for 2025. eCash (XEC) Fundamental Analysis eCash is the new name for the Bitcoin Cash ABC fork that split from Bitcoin. This cryptocurrency is intended to work as an electronic form of money. …
The current economic recession has taken the world by storm, impacting every sphere of life. As life gets more expensive, people have less money to invest and risk in certain markets; especially the crypto market. We all know that this market is one of the most volatile markets out there. As volatile as it is, however, the crypto market has undoubtedly thrived during this crisis. Although thousands of cryptocurrencies and tokens are trading more than 80% under their all-time highs, the major ones are outperforming most predictions made by experts. Even during such times, projects are continuing to build their…
The SEC is investigating Coinbase, the largest cryptocurrency exchange in the US, for allegedly listing securities on its platform. The Supreme Court’s denial of the exchange’s plea has caused yet another major problem. According to Bloomberg, the US Supreme Court rejected Coinbase’s request to submit its user disagreement to arbitration right now. It was said that the court’s request for the justices to intervene in the case was rejected. The cryptocurrency exchange requested that the court suspend the case until the dispute is resolved. It was noted that the two federal trial court justices rejected the request to transfer the…
The world’s largest cryptocurrency exchange, Coinbase, blamed a “fast and furious” decline in the cryptocurrency markets for its stunning $1.1 billion net loss in the second quarter of 2022, which also saw a decline in trading volume and transaction income. The crypto company has lost money for the last two quarters in a row, and this one marks the worst loss since it went public on the Nasdaq in April 2021. The outcomes, which also fell short of analyst forecasts, were disclosed in a Q2 2022 Shareholder Letter from Coinbase on Tuesday. “The current downturn hit hard and quickly, and…
Nomad Bridge, a cross-chain communications protocol, had $190 million worth of assets stolen from it last week in what many referred to as “the first decentralized robbery.” As of today, more than $36 million has been sent back to the official fund recovery address given by Nomad Bridge. Transactions on Etherscan show that the recovery wallet currently has cryptocurrency holding valued at $36.4 million. The wallet, identified by Etherscan as the “official Nomad funds recovery address,” has received ETH 2,179.5 (equal to about $3.9 million), USDC 9.77 million, USDT 5 million, WBTC 196 ($4.7 million), DAI 3.7 million, as well…
To celebrate the global day of friendship, the soda giant has recently made an NFT available to its community. Once again, the reference layer-2 for Ethereum’s NFTs, Polygon, is hosting this collection of NFTs, which draws a lot of well-known companies. Coca-Cola decided to carry with its research into Web3. In fact, the company recently celebrated the International Day of Friendship by delivering an NFT airdrop to its community on July 30. Fans of the company who have traveled with the renowned brand in the metaverse are eligible for this airdrop. This NFT can only be exposed once it has…
Travis Dickenson, better known as Travladd Crypto, is the person in charge of the Telegram and Twitter accounts that are used to share crypto news, reviews, and promotions with the community. What is Travladd? Travladd has promoted an NFT drive to help it get more promoters. It has a Telegram and Twitter account, which deliver news, information, and evaluations about numerous crypto projects, assisting the public audience in gaining helpful insights. Travis Dickenson, the CEO, has assembled a group of crypto enthusiasts to operate a serious crypto investment group to encourage new projects further. To interview the projects, the group…
Due to “risk management” concerns, several Portuguese banks have started canceling accounts associated with cryptocurrency exchanges. The country’s central bank appears to have granted the financial institutions its approval. Portugal has gained a reputation as a “crypto haven” in recent years due to the absence of capital gains taxes on revenues from the cryptocurrency industry. But during the past several months, it seems that both the government and the banking industry have been more eager to regulate cryptocurrency in accordance with other EU countries. At least four local cryptocurrency exchange accounts have been frozen. These banks include the powerhouses Banco…
More than 8,000 wallets have been impacted by the ongoing Solana (SOL) attack, which is thought to have stolen between $4.5 million and $8 million. Data gathered by cryptocurrency tracking service MistTrack indicates that four addresses connected to hackers have so far stolen digital assets totaling $580 million from over 8,000 wallets. However, according to MistTrack, $4.5 million worth of SOL, USDC, USDT, BTC, and ETH have been taken, disregarding the value of EXIST and “and other shitcoins.” https://twitter.com/MistTrack_io/status/1554674886702166016?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1554674886702166016%7Ctwgr%5E13134344574b4dbcac4d8c4aae14f71da04e0520%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcryptonews.com%2Fnews%2Fsol-drops-as-thousands-of-wallets-attacked-on-solana.htm However, blockchain analyst PeckShield predicted a greater loss, saying: “With one illiquid shitcoin (only 30 holdings and maybe misvalued $570 million),…