What does the market hold for the week beginning June 14? Even though money never sleeps in the digital currency markets, Monday mornings are significant because this is when Wall Street players start paying attention to tokens, and we all know that hedge funds and institutional investors are becoming active…
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99Crypto
Blockchain-Based Tech Will Supply the Metaverse With its own Economy
According to Jensen Huang, Chief Executive Officer of hardware giant Nvidia, emerging blockchain technologies such as decentralized finance (DeFi) and non-fungible tokens (NFT) will play a major part in the virtual worlds of the future. Huang specifically refers to the metaverse, the next generation of the internet, which will be…
El Salvador Makes Bitcoin Legal Tender Despite IMF Concerns
Since El Salvador's recent decision to make Bitcoin legal tender, the International Monetary Fund is following the situation closely. It's a world first for President Nayib Bukele, whose country is the first to make Bitcoin legal tender. Lawmakers in Congress voted overwhelming to adopt the digital…
Will Institutional Investors Determine the Future of Cryptocurrency Trading?
If you have been keeping an eye on the cryptocurrency markets, you probably know that Bitcoin has barely been able to recover from a pullback correction that drove it down from nearly $60,000 to $30,000 in a matter of weeks. Hopeful investors betting on a swift recovery have…
Rumors Swirl About China's Bitmain Device as Bitcoin Surges by 20 Percent
On Wednesday, active traders and fans of technical analysis were overjoyed to see Bitcoin bouncing back from the depths of $30,000 to $37,000 in just a few hours. This 20% power surge was a sure sign that volatility has not left the markets in 2021, but there are…
Mexican Senate Will Debate Legislative Proposal to Regulate Digital Currencies
With nearly 128 million residents and a thriving tourism industry, Mexico seems like a market that is ripe for Bitcoin adoption. Over the last couple of years, there has been a keen interest in the cryptocurrency markets among tech-savvy Mexicans, but an influential Senator believes that the time has come…