The unexpected death spiral of the virtual currency exchange FTX last week has sent shockwaves throughout the cryptocurrency sector. Investors such as Sequoia Capital and Masayoshi Son's SoftBank were caught off guard by the company's bankruptcy filing.
The online gambling market has seen various trends in the past 8 years. Statistics show that at the start of 2021, wagers and bets placed using crypto amounted to around 25% of the entire iGaming market. By December 2021, that number had soared to a surprising 45.1%. In quarter one of 2022, crypto betting tripled its yield from the start of the previous year, boasting a 110.7% growth. Crypto casinos and bookmakers are close to taking half of all wagers placed, globally.
Crypto winter, according to South Korean academics, is expected to expire before the end of the financial year. However, there are issues which may prevent it from happening
The crypto market is now going through a particularly tough period, like many other markets throughout the globe
Despite immense popularity, fiat-backed stablecoins have a few underlying severe concerns that no investors can ignore
Since the last week crypto market continues to crash. What will be the next step for crypto market?
In light of recent events some crypto enthusiasts started asserting again that the crypto is another dot-com-like bubble and is about to pop soon
The daily trading volume of NFTs surpassed the psychological level of $50 Bln per day in April 2022, according to the on-chain data acquired by IntoTheBlock
Profitable NFT traders are putting a lot of effort into making profits, and many use various tools to stay on top of the fast-moving market and do their research
Shorting Tether has been resurrected by conventional hedge funds, highlighting how tough it is to bet against the stablecoin that underpins most of the trade in the cryptocurrency industry.
As the cryptocurrency markets became very active due to the escalation of the Russian-Ukrainian conflict, traders have identified a new possible source of contention – China and Taiwan
According to reports, Walmart aims to develop its own cryptocurrency and non-fungible tokens, or NFTs, in the metaverse
Thanks to GameFi, making money can become a fun and interesting experience, that's why it comes as a little surprise that GameFi is enjoying ever-growing popularity.
The non-fungible tokens (NFTs) market is exploding at the moment. In under five years, it has grown from nothing to a capitalization of over US$35 billion. What’s next for them?
The scope of the business has now extended well beyond bitcoin. Toward the end of the year, CEOs are focusing on NFTs, blockchain-based video games, and "Web3."
Binance is set to become the official and exclusive crypto partner of the tournament for 2022, which is ongoing in Cameroon
The “Deal of the Century” between the retail giant and LTC did not materialize and, apparently, was not planned. The story of how one fake press release rocked the entire crypto community
By 2021, Ethereum's price is expected to grow by a factor of two to $4,600, according to a panel of experts
Short-sellers walked out after a good week, and traders thought a couple of encouraging remarks from important investors would herald a turnaround in shaky sentiment