Today, the cryptocurrency market has grown from a niche to a massively huge market. It has opened up avenues through which investors, traders, and institutions can attract investors via financial instruments, which could help them hedge against risks and maximize their rewards. Going into 2024, here are ten effective ways …
Do Crypto Casinos Have a Future?
Cryptocurrencies have had a profound impact across multiple industries, and online gambling is no exception – with numerous crypto casinos now offering attractive features such as free spins to attract players. Crypto casinos allowing players to gamble using digital currencies like Bitcoin and Ethereum have quickly grown in popularity in …
Is The NEAR Protocol Worth Investing In 2024?
NEAR Protocol cryptocurrency is a token of the NEAR blockchain, launched in 2020 and raising over $50 million in investment at the start. Given the popularity of the blockchain and NEAR’s trading volume of over $375 million, experts rate the cryptocurrency as one of the most promising. In this article, …
Trading with Education is Bread and Butter
A research paper published in 2015 came out with a very interesting finding. At times when a particularly high lottery prize was up for offer, trading volume decreased substantially in certain risk-on stocks. Apparently, a large subset of financial traders found that the jackpot served their purposes better than online …
Texas Court Dismisses Consensys Suit Against SEC on Procedural Basis
The United States District Court for the Northern District of Texas dismissed Consensys Software Inc.‘s case against the Securities and Exchange Commission. This was after a long legal battle to determine the status of Ethereum and other similar software products. Texas Court Ends Consensys Suit Against SEC The U.S. District …
Bank of Japan Keeps Interest Rates Unchanged, Bitcoin and Altcoin Rally Ahead?
Earlier today, the Bank of Japan (BOJ) decided to keep its interest rates steady at 0.25% thereby giving the global market a sign of relief. The development led to a quick 2.10% surge in the Nikkei index that shot up 700 points moving closer to 38,000 levels. This decision from …
CFTC Appeals Decision Favoring Kalshi On Election Betting Contracts
The U.S. Commodity Futures Trading Commission (CFTC) is challenging a recent court decision that would allow prediction market platform Kalshi to offer contracts related to U.S. election outcomes. The ongoing legal battle has raised concerns about the integrity of election betting and the extent of the CFTC’s regulatory authority. Court …
Why Maestro Is the Way to Go for Crypto Trading in 2024 and Beyond
Trading has come a long way in the crypto industry. From just a couple of platforms we could use for this activity, we now have to choose from thousands of such trading platforms, each with special benefits and features that can make our lives easier and better. Since technology never …
US Fed Cuts Interest Rate By 0.50%, Will It Spark A Crypto Rally?
The US Fed interest rate cut decision of 0.50%, in line with the market expectations, marks the first policy rate trim in four years. The event was eagerly awaited by the market participants, with traders now awaiting the upcoming Fed Chair Jerome Powell’s speech. Although the market was already expecting …
Ethena Labs Halts Website After Domain Account Hack
Ethena Labs, the organization responsible for the decentralized synthetic dollar protocol, has suspended its website activities after a security breach on its domain registrar’s account. To avert further harm, the company posted a notice on X (previously Twitter) and instructed users not to engage with any site or application that …