During the first quarter of 2024, the cryptocurrency markets in South Korea experienced their greatest trading activity in more than two years. The Korean Won (KRW) surpassed the US Dollar (USD) as the currency with the highest cumulative trade volume, according to Kaiko’s data. In the beginning of March, trading activity in South Korean cryptocurrency … Read more
Based on the remarks of Markus Thielen, who leads the research team at 10x Research, there’s a strong likelihood for a notable decrease in value for riskier investments such as cryptocurrencies and stocks over the next few weeks. Thielen warned investors in an April 16 note that the cryptocurrency market may be nearing a critical … Read more
Charles Hoskinson, a significant player in the development of Cardano (ADA), is thrilled about two major advancements: the implementation of the Chang hard fork and the adoption of the Ouroboros Samasika consensus algorithm. The improvements being made to Cardano aim to strengthen its base and respond to the changing requirements of the blockchain industry. Let’s … Read more
Peter Schiff, known for his support of gold, has expressed skepticism towards rosy Bitcoin price forecasts reaching $100,000 during the current market uptrend. Schiff, who is well-known for his criticism of Bitcoin and its real-world uses, didn’t miss an opportunity to poke fun at the growing interest in Bitcoin caused by recently launched spot Bitcoin … Read more
Bitcoin Depot, in its latest annual report filed on April 15th, revealed that their earnings aren’t influenced by Bitcoin’s price fluctuations, regardless of the unpredictable nature of the cryptocurrency market. In the year 2023, Bitcoin Depot generated an impressive revenue of $689 million. The previous year, 2022, saw a slightly lower revenue of $647 million. … Read more