Author name: Peter

South Koreans Show Greater Interest in Altcoins Compared to Americans, Research Finds

Introduction A recent report suggests that South Korean cryptocurrency traders are more attracted to high-risk, high-reward altcoins than their American counterparts. The study reveals that the trading volumes of major cryptocurrencies such as bitcoin and ethereum on the largest Korean exchange are significantly smaller compared to those on the leading U.S. exchange. South Korean Investors […]

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10 Countries Worldwide Grapple With Soaring Inflation Rates

Venezuela and Zimbabwe Lead the Way According to the latest statistics from the International Monetary Fund's World Economic Outlook, ten nations are currently facing inflation rates exceeding 40% as of October 2023. Among these countries, Venezuela takes the top spot with a staggering inflation rate of 360%, closely followed by Zimbabwe at 314.5%. These soaring

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The Crypto Fear and Greed Index Signals Bullish Market Sentiments Amidst Rising Bitcoin Prices

The recent surge in the price of bitcoin (BTC) has created a shift in investor sentiments, as anticipation for the approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. grows. At the time of writing, BTC is trading at over $34,000, compared to around $28,000 just last Thursday. Crypto Fear and Greed Index

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Defi TVL Surpasses $40 Billion, Signaling Strong Recovery

Defi Market Shows Resilience with TVL Reaching $41.42 Billion The decentralized finance (defi) sector has experienced a significant rebound, as the total value locked (TVL) in defi protocols surpasses $40 billion. This milestone comes after the TVL remained below this level since mid-August. Furthermore, the top 100 defi coins by market capitalization are on the

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Report: Evolution of Crypto Custodians and New Services Offered

The Changing Landscape of Crypto Custodians A recent report from Ccdata, a leading digital asset-focused research firm, highlights the evolving nature of crypto custodians and the introduction of new services for institutional customers. This report sheds light on the transformation of custodians in the digital asset space, as well as their efforts to expand their

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Ethereum’s Dencun Upgrade Faces Delay Amid Testing Requirements

The highly anticipated Dencun upgrade for the Ethereum blockchain will not be making its debut in 2023 as initially expected. Ethereum's core developers have decided to push back the release of the upgrade until at least 2024. This revelation came during the latest All Core Developers meeting. Software developer Tim Beiko took to social media

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