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MINING VS STAKING: WHAT'S THE DIFFERENCE?

Mining vs Staking: What's the Difference?

Have you ever wondered how you can earn cryptocurrency without actively trading it? Crypto mining and staking are two popular methods that allow you to earn rewards passively. Crypto mining is the process of validating transactions on a blockchain network by solving complex mathematical problems. This process allows miners to earn cryptocurrency, which is then added to the circulating supply. However, crypto mining is an invo

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ASIAN MARKETS EXTEND RISK RALLY AS ECB RAISES RATES AND US BANKS DEPOSIT BILLIONS

Asian Markets Extend Risk Rally as ECB Raises Rates and US Banks Deposit Billions

The Asian markets continued their rally on Friday, extending a recent surge on Wall Street. The week was tumultuous, marked by plunging bond yields and a brewing banking crisis, which prompted market participants to sharply lower expectations of future interest rate hikes in Western economies. Despite the uncertainty, the European Central Bank (ECB) delivered a 50 basis point rate hike, in line with oft-repeated guidance, to

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INVESTOR FILES CLASS-ACTION COMPLAINT AGAINST BLOCKFI AND GEMINI FOR SELLING UNREGISTERED SECURITIES

Investor Files Class-Action Complaint Against BlockFi and Gemini for Selling Unregistered Securities

An investor with frozen assets in the bankrupt cryptocurrency lender BlockFi has filed a class-action complaint against BlockFi's executives, two directors, and cryptocurrency exchange Gemini. The complaint alleges that BlockFi and Gemini sold unregistered securities through false statements and significant omissions. Allegations of False Statements and Significant Omissions The in

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THE CLOSURE OF WAZIRX NFT MARKETPLACE: WHAT HAPPENS TO USERS AND WHAT'S NEXT FOR THE PLATFORM?

The Closure of WazirX NFT Marketplace: What Happens to Users and What's Next for the Platform?

Major Insights- WazirX, a popular Indian cryptocurrency exchange, recently shut down its NFT Marketplace due to technical and legal concerns. The closure has had a significant impact on users, including uncertainty about the fate of their investments and the reliability of cryptocurrency exchanges in India. It's unclear what's next for WazirX, but possible scenarios include reopening the NFT Marketplace, expan

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SHIBA INU IS NOW LISTED ON ROBINHOOD, SOARING 30% HIGH.

Shiba Inu is now listed on Robinhood, soaring 30% high.

Since mid-January, Shiba Inu Robinhood has begun to form a much-anticipated wedge formation that is supposed to lead to a bullish breakout. This structure's top trendline signaled an upward break even though the price was trading below both contracting trendlines.As early as February, there were rumors that Robinhood might begin trading SHIB tokens. It took six months of persistent campaigning by Robinhood's users before the

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COINBASE UPI PAYMENTS STOP IN INDIA AFTER MOBIKWIK SUSPENDS PAYMENTS

Coinbase UPI payments stop in India after MobiKwik suspends payments

In response to pressure from local payment authorities, the world's biggest stock exchange temporarily stopped certain payment services on its newly opened Indian market. In only three days after launching operations in the South Asian subcontinent, Coinbase, the world's biggest cryptocurrency exchange located in the United States, has suspended payment services via the United Payments Interface (UPI) on its platform for India

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UNDERSTANDING THE IMPACT OF ETHEREUM UPGRADE CUTTING ENERGY CONSUMPTION BY OVER 99%

Understanding the Impact of Ethereum Upgrade Cutting Energy Consumption By Over 99%

In a significant upgrade, Ethereum, the Blockchain underlying the cryptocurrency Ether, wants to reduce the massive energy use in Ether mining by 99.95%. The firm has declared that it would abandon the current Proof-of-Work system in favour of one based on Proof-of-Stake (PoS) (PoW).Because of the latest upgrade, "Ethereum upgrade will have nearly the same energy consumption as operating a personal computer for each node on t

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ECB PRESIDENT CHRISTINE LAGARDE LABELS CRYPTO TRADING IN RUBLES A “THREAT”

ECB President Christine Lagarde Labels Crypto Trading In Rubles A “Threat”

Real-world statistics and expert opinion seem to be at odds with European Central Bank President Christine Lagarde, who described cryptocurrencies as a "threat" to global security. Christine Lagarde, the president of the European Central Bank, has reaffirmed her concerns that Russian people and companies are using cryptocurrency to circumvent sanctions.According to Chainalysis, daily crypto trading in rubles was just $7.4 mi

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THE JAPANESE GOVERNMENT CONSIDERS RELAXING STRICT CRYPTO COIN LISTING RULES.

The Japanese government considers relaxing strict crypto coin listing rules.

Suppose the revision of the regulation is approved. In that case, it will simplify domestic exchanges to add more cryptocurrencies without having to go through a lengthy screening procedure for crypto coin listing.According to media reports, the Japanese government is mulling a plan that would make it simpler for regulated cryptocurrency list exchanges to offer digital assets in the country's retail trading market.According

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CRYPTOCURRENCY PRICE FORECAST FOR FEBRUARY 2022

Cryptocurrency Price Forecast For February 2022

The bitcoin industry has seen enormous transformations during the previous decade regarding crypto price prediction. When Bitcoin first emerged as a fascinating experiment for institutional investors, it was considered a new asset class and a form of electronic gold.Bitcoin (BTC)Higher Bitcoin prices are supported by several reasons, including a rise in demand for Bitcoin ETFs.Some analysts believe that Bitcoin's cryptocurre

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INDONESIA BANS FINANCIAL FIRMS FROM FACILITATING CRYPTO SALES.

Indonesia bans financial firms from facilitating crypto sales.

Indonesia's Financial Services Authority (OJK) has outlawed financial institutions from engaging in cryptocurrency trading, promoting it, or crypto ban in Indonesia. The banking authority also warned the public to look for fraudulent Ponzi schemes that masquerade as cryptocurrency investments.The Cryptocurrency Warning from the Indonesian RegulatorIn a warning issued on Tuesday, Indonesia's Financial Services Authority (OJK),

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CRYPTO.COM'S CEO CONFIRMS USERS' ACCOUNTS WERE HACKED. ETH WORTH $15 MILLION STOLEN.

Crypto.com's CEO confirms users' accounts were hacked. ETH worth $15 million stolen.

According to Kris Marszalek, CEO of cryptocurrency exchange Crypto.com, hundreds of users' accounts were accessed, and monies were taken as a result, although the technique of cryptocurrency hack is unknown.According to Marszalek, roughly 400 crypto accounts hacked in an online interview with Bloomberg on the 19th. According to him, regulators have yet to contact him about the crypto hacked attack, but he says he's willi

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CRYPTO MILLIONAIRES MOVING TO PUERTO RICO BECAUSE OF LOW CRYPTO TAX

Crypto Millionaires Moving to Puerto Rico Because of Low Crypto Tax

According to a CoinDesk study, cryptocurrency miners planning to go public will likely encounter difficulties in the coming months as bitcoin price falls due to crypto tax. The decline in cryptocurrency prices may damage Core Scientific, which plans to go public through a combination with Power & Electronic Infrastructure Acquisition Corp. through a SPAC.The bitcoin mining company Rhodium Enterprises, due to cryptocurrency t

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BENEFITS OF USING CRYPTOCURRENCY FOR YOUR BUSINESS

Benefits of Using Cryptocurrency For Your Business

Businesses should give cryptocurrency more attention as time goes on to stay up with a changing financial landscape and reap the benefits of cryptocurrency on the blockchain. Although there is a learning curve for merchants, there are various benefits of cryptocurrency in business.Flexible paymentsCustomers have become accustomed to having a variety of payment alternatives. Bitcoin is the next stage in transactions, and it'

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WHY WAS THE CRYPTO MARKET DOWN IN JANUARY 2022? A QUICK ANALYSIS OF THE CRYPTO MARKET

Why was the crypto market down in January 2022? A quick analysis of the Crypto market

The crypto market is down 8.99% in the last 24 hours (1 pm, Thursday 7 January 2022).Cryptocurrencies are experiencing turbulence after a year of increases and record highs, with no crypto market prediction on price movements.Following China's announcement of new limitations, investors began selling mining equipment, causing Bitcoin and other top cryptocurrencies to plummet in value.Bitcoin (BTC) -6.65% (£31,852.48)Ethere

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8 LEGITIMATE WAYS TO MAKE MONEY ONLINE WITH BITCOIN CRYPTOCURRENCY

8 legitimate ways to make money online with Bitcoin Cryptocurrency

There are numerous ways to earn bitcoins, but you must remember that they will take your money and time in regular currency. You can employ a variety of bitcoin cryptocurrency investment sites. We've listed a few ways to make money using bitcoins below: 1.    Buy and hold Bitcoin Cryptocurrency StockYou may hold off on selling for weeks, months, or even years. DCA is a method of investing your entire sum of money in min

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UNDERSTANDING THE NEWLY LAUNCHED INDIA'S FIRST CRYPTO INDEX IC15

Understanding the newly launched India's first crypto index IC15

Earlier this month, CryptoWire, a cryptocurrency super app, announced the establishment of the country's first cryptocurrency index, which will assess the performance of the 15 most commonly traded cryptocurrencies listed on recognized cryptocurrency exchanges, as measured by market capitalization. CryptoWire managing director Jigish Sonagara stated at the time of the crypto index launch that "the index has been designe

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MILLENNIAL MILLIONAIRES PLAN TO MAKE MORE CRYPTOCURRENCY INVESTMENTS IN 2022: SURVEY.

Millennial millionaires plan to make more cryptocurrency investments in 2022: Survey.

Despite the recent decrease in cryptocurrency prices, most millennial millionaires have made cryptocurrency investments in India. Moreover, according to a recent study conducted by CNBC and published online, they intend to add more cryptocurrency investments to their portfolios by 2022. According to the survey findings, more than half of American millennial millionaires possess cryptocurrency investments, and about a third ha

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MEMBERS DIGEST 10TH OF OCTOBER

Members Digest 10th Of October

Bearish: the US-based crypto exchange Bittrex announced a delisting of Bitshares (BTS), Bitcoin Gold (BTG), and Bitcoin Private (BTCP). One of the world’s leading crypto exchanges Binance announced a delisting of 4 coins and tokens, such as CHAT, ICN, TRIG, and privacy-oriented Bytecoin (BCN), which was listed there just 5 months ago, and suffered a huge pump and dump after that. Extra: Binance changed their listing fee pol

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PSYCHOLOGY OF CRYPTO TRADING

Psychology Of Crypto Trading

We take you through the basics of crypto trading psychology and how to make sure you are trading with the right mindset. Make sure to apply these principles or otherwise you will lose. Apart from reading crypto trading books and attending seminars, there are other factors that define a winner in the crypto market. Critical among these factors is traders’ crypto trading psychology. A trader’s crypto trading psychology dete

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