What Is Big Data and Why You Need a Professional To Analyze It

Since launching a startup has gotten much simpler these days than ever before, more and more young and ambitious students are trying themselves in business. They implement their startup ideas in life and work hard to get their businesses up and running. But, needless to say, the price of success is rather high. Student entrepreneurs …

What Are the Advantages of Decentralized Finance?

What is Decentralized Finance (DeFi)? Decentralized Finance (DeFi) is an umbrella term for various applications and services within the world of blockchain, expanding the use of this technology and aiming to replace the traditional financial system with one that has no central authority.  Stablecoins act as a bridge between the worlds of DeFi and centralized …

Should Society Implement Blockchain in Education?

A blockchain is a distributed database. It stores information about each transaction generated in the system. It is protected from change by cryptographic means in the form of a chain of blocks. Each block is connected to the previous one. New data is added to the blockchain only at the end of the chain. They …

Top US Exchange Coinbase Becomes First Crypto Firm To Be Listed on Fortune 500

Leading US exchange Coinbase has earned billions in revenue to become the first crypto company to break into the Fortune 500. Coinbase Global (COIN) grossed over $7.8 billion in revenue in 2021, placing COIN at #437 on Fortune’s ranking of the 500 largest US companies by revenue. Coinbase is the first crypto firm to join the …

Macro Expert Lyn Alden Says Most Altcoin Projects Built on Unsustainable Business Models

A macro analyst is weighing in after the sudden collapse of two large-cap crypto assets sent shockwaves through the industry. Macro expert Lyn Alden tells their 433,300 followers that many altcoin projects rely on business models that purposely lose money in order to generate revenue. “If you make a business selling $20 bills for $10 …

Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates

As economic conditions continue to worsen, financial experts worldwide are increasingly placing the blame at the feet of the United States Federal Reserve after the central bank was slow to respond to rising inflation early on. Financial markets are currently experiencing their worst stretch of losses in recent history, and it doesn’t appear that there …

ECB: One in ten households in eurozone population centers now own cryptocurrency

On Tuesday, the European Central Bank, or ECB, published the results of a new survey conducted in six eurozone areas; the Netherlands, Spain, Italy, Belgium, France, and Germany. Together, approximately 10% of respondents from the surveyed countries said they own cryptocurrencies. Out of this group, only 6% of respondents said they own digital assets worth …

Weak stocks and declining DeFi use continue to weigh on Ethereum price

Ether’s (ETH) 12-hour closing price has been respecting a tight $1,910 to $2,150 range for twelve days, but oddly enough, these 13% oscillations have been enough to liquidate an aggregate of $495 million in futures contracts since May 13, according to data from Coinglass. Ether/USD 12-hour price at Kraken. Source: TradingView The worsening market conditions …

Polkadot Price Prediction for Today, May 24: DOT Moves to Hit $12 High

The Polkadot price prediction shows that DOT may cross above the 9-day moving average as the coin may benefit from the buying pressure. Polkadot Prediction Statistics Data: Polkadot price now – $10.15 Polkadot market cap – $9.8 billion Polkadot circulating supply – 987.3 million Polkadot total supply – 1.1 billion Polkadot Coinmarketcap ranking – #11 …

Bitcoin Price Prediction for Today, May 24: BTC May Retrace Above $29,500

The Bitcoin price prediction shows BTC is rising from the opening price of $29,000 as the buying interest approaches $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,340 Bitcoin market cap – $559.9 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: …

GameStop rolls out web3 wallet for crypto, NFTs

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Electronics retail company GameStop Corp has launched a digital asset wallet that enables users to store, send, receive, and use cryptocurrencies and non-fungible tokens (NFTs). GameStop announced this news earlier today, noting that the wallet will operate across decentralized applications (dApps), …

What are the implications if Bitcoin is treated as a commodity?

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Securities and Exchange Commission (SEC) Chair Gary Gensler told the House Appropriations Committee on May 18 that Bitcoin could potentially be a commodity token. His exact words were: “Bitcoin — maybe that’s a commodity token. That has a big market value, …

This DEX dwarfs the competition by number of users

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Blockchain media firm CryptoDiffer compiled a list of the top 15 decentralized exchanges (DEXs) by the number of users in the last 30-days. Topping the list is Binance Smart Chain’s PancakeSwap, with approximately 2,600,000 users. The next most popular DEX is …

Bitcoin, Gold and Bonds could dominate 2022 – Bloomberg Intelligence

Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content presented in this article is the opinion of the author. None of the information you read on CryptoSlate should be taken as investment advice. Buying and …

Bitcoin, Ethereum lead outflows as crypto investments see red week

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Digital asset investment products saw outflows totaling $141 million in the week of May 16 due to the bearish stance of investors towards the market, according to CoinShares’ weekly report. Bitcoin led the pack as investments in the asset saw outflows …

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