Finance News

The Russian-Ukrainian invasion has caused the value of their currency to plummet. Bitcoin is rising while the rouble is falling. Not only has the value of bitcoin increased, but other digital currencies are following in his footsteps. Russia’s invasion of Ukraine has resulted in a wave of economic sanctions imposed by countries throughout the world, bringing the Russian rouble to historic lows and increasing the prospect of hyperinflation. While the crypto market has risen,[…]

We’ll be talking about the most popular NFT use cases and how each one is unique in its own way. Art NFTs: Crypto art is viewed as creditable based on its authenticity and ownership shown digitally. While art can be copied and an image can be saved, there is no proof that it’s original. Speaking of NFTs, we’re not focusing on the artwork itself. The more important aspect is the proof of ownership. This[…]

The geopolitical tensions happening recently made analysts believe that bitcoins value would fall. However, bitcoin rises despite geopolitical tensions. Today’s article will go over geopolitical tensions’ effects on bitcoin. According to the Wall Street Journal, Russian and Ukrainian negotiators have talked and will continue for the upcoming days. However, ceasefire as of now has not been the topic of discussion. Meanwhile, the United States and numerous European countries have further sanctions on Russia. On[…]

The Ethereum Name Service, also known as ENS, is a protocol that sells NFTs of domains representing the wallet address. This became common in November when they began to airdrop tokens to users. Those that accepted the airdropped tokens gained governance powers over the ENS and could vote on future protocol decisions. The airdropping became common by other Ethereum projects as well. The ENS airdrops to its users and other projects use this tactic[…]

Let’s go into the list of the world’s 10 richest people and how this year made a difference for their gains.   Elon Musk – $277 billion (+$121 billion) The co-founder of Tesla, Elon Musk is the world’s richest man. He has experienced massive growth in his wealth due to the popularity of his electric automaker. His shares have gone up about 60% this year and as for Tesla itself in October 2021 it[…]

The two most popular cryptocurrencies are sliding. They have experienced a rough beginning of 2022. Bitcoin and Ethereum may be now considered risky assets for people to invest in. Bitcoin has gone down 6% on Monday, making its market cap stand below $40,000 per coin. This is the first time since September the market cap has gone to $40,000. On the same note, Ethereum dropped 7% in value, going below $30,000. The CEO of[…]

Blockbuster plans to develop a digital token and NFT marketplace on a metaverse system. This move they plan to take can be a significant loss for companies like Netflix. Late last year, a report mentioned that Blockbuster DAO is looking to raise $5m to acquire their company back from Dish Network. According to the report, their goal is to take the film industry to another level and offer “the first-ever Defi film streaming platform[…]