Shiba Inu (SHIB) is Down Nearly 10% as the Crypto Market Turns Red
Shiba Inu dropped more than 10% to $0.000008 over the weekend as cryptocurrency values continued to decline. Most cryptocurrencies have seen significant price drops from their January highs over the past week. Shiba Inu is one of them and has decreased by about 10% due to the market slump. Shiba Inu has recently faced difficulties. […]
Ripple Expands Into France And Sweden With Its ODL Division
Ripple has continued to grow despite the lawsuit and the bear market. The network continued to expand, and its On-Demand Liquidity [ODL] was seen to be thriving throughout. In yet another effort to expand its ODL business and European presence, the network has decided to collaborate with two major platforms in France and Sweden. Read: […]
Should you sell your assets in a bear market?
Being in a bear market is difficult. It can be challenging to know what to do next, whether you’re new to investing or have been buying stocks for a while. And you might be considering your options, such as whether to increase your stock purchases, reduce your stock holdings, or just wait. Although it’s unlikely […]
Celsius Native Token $CEL Falls 48.85% After Filing for Chapter 11 Bankruptcy Hours Ago.
Celsius has been battling to stay afloat since the start of the bear market. However, the crypto lender is on the verge of sinking after it filed for Chapter 11 bankruptcy in the Southern District of New York. According to data from Trading View, this action has slumped the CEL by 48.85%. The firm defended […]
Australia Takes a Big Step: Exempt Bitcoin and Other Cryptocurrencies from Foreign Currency Taxes
Australia’s government has officially confirmed that virtual currencies like Bitcoin and others are exempt from the tax regulations that apply to transactions involving foreign currencies. The status of Bitcoin and other crypto-assets for Australian taxation purposes may come into question as a result of the judgment, according to Treasurer Jim Chalmers and Assistant Treasurer Stephen […]
Analyst Says Bitcoin Could Fall Even Further as a Price of Less Than $20K Could Trigger Threatening Margin Calls Worth Millions of Dollars
A drop below the $20k support level could result in large liquidations for firms that have borrowed against Bitcoin and have positions at that point. As Bitcoin struggles to maintain its support level of $20k, investors and firms are locked in a “battle of the leverages.” According to Bobby Lee, the company’s founder and CEO, […]
Cardano Is the Most Held Token in the Bear Market, According to a Survey
Cardano has proven to be one of the most stable blockchain networks in the industry. It’s stood the test of time. Cardano’s founder, Charles Hoskinson, has marketed the cryptocurrency as a strong, futuristic system with a developer team that values diligence over speed. Cardano is forked every now and then to introduce new features and […]
Cryptocurrency Bear vs Bull Market – What’s the difference?
“Financial analysts use bull” and “bear” terms to describe the market performance. They represent the rise and fall in the value of a financial asset. For example, in the cryptocurrency space, a rising market is called a ‘bull market’ while a falling one is called a ‘bear market’. These powerful terms, “bear” and “bull”, are […]