Chinese public telecom provider Coolpad Group allocates $13.5m to buy Bitcoin mining rigs

As a seasoned crypto investor with a keen interest in following market trends and staying informed about major players in the space, I’m thrilled to see Coolpad Group, a reputable telecommunications equipment company based in Shenzhen, China, making a significant entry into the crypto mining industry. This strategic move comes after the company announced its … Read more

Four offshore crypto exchanges eye return to Indian market

As a crypto investor with experience in the Indian market, I’m keeping a close eye on the latest developments regarding cryptocurrency exchanges operating in India. The news of four additional offshore exchanges seeking permission to resume operations here is certainly encouraging, following the approvals of Binance and KuCoin. The Financial Intelligence Unit (FIU) in India … Read more

Central banks less likely to issue retail CBDCs in mid-term, BIS says

As an experienced financial analyst, I find the results of the 2023 BIS survey on central bank digital currencies (CBDCs) and crypto quite intriguing. Based on the data presented, it appears that while a significant number of central banks are considering issuing wholesale CBDCs, retail CBDCs are not a priority for most in the medium … Read more

Crypto Tycoon Andrew Tate Burns $150 Million DADDY Tokens

As a seasoned crypto investor, I’ve seen my fair share of market volatility and unexpected events. However, Andrew Tate’s recent decision to burn $150 million worth of $DADDY cryptocurrency is unlike anything I’ve encountered before. On an astonishingly dramatic note, on June 13, 2024, Andrew Tate destroyed a staggering $150 billion worth of DADDY cryptocurrency, … Read more

All About NFT Games- A Peek into the Future

As a seasoned crypto investor and avid gamer, I’ve been intrigued by the intersection of NFTs and gaming. The fusion of these two worlds has created an exciting new industry that offers unique opportunities for ownership, profitability, and community building. From the beginning, NFTs have encompassed various genres including collectibles, photography, art, music, and videos. … Read more