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” Crypto portfolios: How much of a stablecoin allocation is too much? “ Cryptocurrencies are well-known for being volatile assets, which means that experienced traders have plenty of opportunities in the space. Investors can expect to be taken on a wild ride if they plan on holding for a long time. Stablecoins, a class of…
” Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure “ The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can…
” Wealth report: As old money procrastinates, young money goes crypto “ The rich get richer. According to the Wealth-X consulting company, in 2020, the number of ultra-high-net-worth individuals worth $5 million–$30 million in the world increased by 1.7% to 295,450 people; the combined net worth of this group increased by 2% to $35.5 trillion….
” Axie Infinity sees ‘no signs of buyers’ as AXS price tumbles 30% in two weeks “ Axie Infinity (AXS) price has fallen by nearly 30% two weeks after losing $625 million to a hacking incident involving its play-to-earn gaming platform’s underlying blockchain, the Ronin Network. AXS/USD dropped to $46.69 on Monday, its lowest level…
” Litecoin price risks 20% drop as LTC whale activity spikes to monthly highs “ The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021. Litecoin selloff ahead? On-chain analytics platform Santiment detected a total of 3,458 LTC…
” Crypto ownership among Norwegian women doubles, mirroring global trends “ The number of women in Norway who own some form of cryptocurrency doubled during 2021, according to a new survey. The survey, conducted by Arcane Research and Ernst & Young found that the rate of female ownership of crypto assets in Norway, surged from…
” Nearly $13.75M liquidated as WAVES rallies 70% in a day — what’s next? “ WAVES price surged by up to 70% on March 29, reaching a new all-time high around $54. Traders betting against the rise of Waves — the native token of the WAVES blockchain network — suffered losses worth millions of dollars as the…
” Old but gold: Can digital assets become part of Americans’ retirement plans? “ On March 11, the United States Department of Labor warned employers that sponsor 401(k) retirement plans to “exercise extreme care” when dealing with cryptocurrencies and other digital assets, even threatening to pay extra legal attention to retirement plans with significant crypto…
” Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges “ The finance ministry of Thailand has reportedly eased up crypto tax regulations to promote investment in the digital asset market. The changes to the tax regulations come just a few weeks after the government scrapped its early plans of introducing a 15%…
“# Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth ” Bitcoin (BTC) continued its decline further into the week as BTC clung to the $40,000 support level on Feb. 18. BTC price up-down debate “mostly noise” While many analysts anticipated BTC’s price to fall toward $30,000 next, mostly based on technicals, Jurrien Timmer…