The cryptocurrency had never witnessed the crash disaster that happened in June 2022. All investors recorded high losses with most of them resorting to panic sell. The crash of Terra LUNA may be a contributing factor to the Bitcoin crash. But the high inflation and announcement by the Federal Reserves to increase the interest compounded … Read more
Anyone who made an entry into the cryptocurrency early in 2022 will most definitely be experiencing their first bear market. The month saw Bitcoin price crash below $30K and journeyed its way below $20K the following month. The month also witnessed a lot of drama and the most audacious crypto action from El Salvador President … Read more
In April 2022, the price of Bitcoin stayed above $40k, except on April 11 when it dropped below that price and closed the day at $39,521.90 USD and by 27, it dropped to $38,120.30. The lowest was $37,714.88. April was significant. A lot of investors were hoping that after the dip, the price would bounce … Read more
In our monthly series of reviews of how the most valuable cryptocurrency performed. This post explores the price of bitcoin in March 2022 In one of our earliest articles, we pointed out that 2021 was rosy for the cryptocurrency industry, but 2022 seems to be designed for strong-hearted crypto investors. For the long-term investors who … Read more
The article explores the largest cryptocurrency hacks since MT Gox became the major victim of a crypto attack in 2011. Africrypt Hack On April 13, 2021, two brothers and also the founders of Africrypt Ameer Cajee and Raees Cajee informed their investors that the Africrypt Bitcoin Investment platform had been hacked. Subsequently, a group of … Read more
New research has revealed that Shiba Inu, Bitcoin, Dogecoin, Ethereum, and Cardano are the top five cryptocurrencies Americans want to sell the most as volatility in the crypto market goes on unabated. Cryptocurrencies Americans Want to Sell the Most by Ope Quadri Crypto sell-off was triggered by the Terra Luna crash in May, since then, … Read more
Exactly a year ago (June 19, 2022) the price of a bitcoin was $35,854.53 and ending the year at $47,169.37 with over $875 billion market capitalization. On Saturday, June 18, 2022, the most capitalized cryptocurrency dipped below $20K for the first since late 2020. After Bitcoin achieved its All-Time High of $68,789.69 on November 10, … Read more
The wave of free fall in the cryptocurrency market is not over as the leading crypto Bitcoin (BTC) on the early morning of Monday, June 13, 2022, dipped below $24K. Specifically, BTC was trading at $23,607.69 at the time of this report (13:13), other major cryptocurrencies Ethereum (ETH), Solana (SOL), Litecoin (LTC), Binance Coin (BNB), … Read more
Monero is a cryptocurrency that operates on the CryptoNote system, which allows for the concealment of the transaction history. Internet users widely value this level of anonymity. You have total control over your funds and privacy using Monero. No one can view the balances or transactions of others online. Because of this advantage, XMR has … Read more
The recent crash of cryptocurrencies vindicated the proponents of the popular investing advice: “Don’t invest what you can’t afford to lose in digital assets”. The fall affected major coins, however, LUNA crash is the most disastrous as it fell from $86.16 (May 5, 2022) to $0.003559 (May 12), which means the market capitalisation of Terra coin crashed … Read more