“$20,000 Bitcoin May be the New $5,000”: Says Bloomberg’s Senior Analyst


The most prominent digital asset, Bitcoin, is currently experiencing its worst period due to the collapse of the crypto market, which has led to the coin’s value dropping from $30,000 to $21,491 at the time of writing.  Many finance experts believe that the top cryptocurrency is vastly undervalued. However, not everyone shares that belief. Bloomberg’s […]

Terra 2.0 (LUNA) Has No Future: Bloomberg Experts Say


Terra ecosystem has not been in the news for the right reasons ever since its downward slope collapsed the cryptocurrency market. LUNA’s value dropped below a penny from over $100, and even the stablecoin, UST, lost its USD peg, leading investors to lose even more. As a means of damage control, Do Kwon and his […]

Binance Under Investigation from CFTC over U.S Trading Activities

Binance Under Investigation from CFTC over U.S Trading Activities

Binance, one of the largest crypto exchanges in the world is reportedly under investigation from the U.S Commodity Futures Trading Commision (CFTC) regarding its trading activities.  According to a Bloomberg report on Friday, the CFTC is looking at reports that suggests that Binance allowed U.S residents to buy and sell crypto derivatives without due registration […]