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In 12-Hours, XRP’s Price Surged by 14% and its Profit May Grow by 1,000%

In 12-Hours, XRP’s Price Surged by 14% and its Profit May Grow by 1,000%

In the past 12 hours, several major cryptocurrencies have experienced a downtrend or have flattened out. However, XRP, the native token of Ripple has not demonstrated such a trend. Instead, its trading price has experienced a significant surge, pushing its price higher. A look at the price of XRP shows that it has experienced a … Read more

Trading Price of THORChain Exhibits a Boost Following Launch of Mainnet

BNB

The trading price of RUNE, the native token for the THORChain protocol has reportedly undergone a strong rally. Due to the rally, the trading price of RUNE has been boosted by 16%. The reason behind the boost in the trading price of RUNE was the launch of the mainnet. The teams behind the development of … Read more

Recent Happenings with Harmony have Left ONE Devastated in Terms of Trading Price

ONE

In the recent events, Harmony’s ONE has ended up finding itself among the worst performers in the list of top 200 cryptocurrencies demonstrating the worst performances. Harmony, which is one of the major providers of the cross-chain bridge has recently suffered from an incident resulting in ONE’s downfall. Harmony Suffered a Theft The reason behind … Read more

Power Supply for Legal Mining Centers in Iran to be Cut Off

iran

Finally, a week after the downfall, a significant rise has been recorded in the cryptocurrency industry. However, Iran has sad news for the cryptocurrency industry which may pull it down once again. Iran Cuts Power to Legal Mining Centers Just recently, the Ministry of Energy’s spokesperson in Iran, Rajabi Mashhadi, talked about the legal mining … Read more

Russian Rouble Reaches 7-year Highs vs the Dollar

Russian

On Monday, the Russian rouble rose against the US dollar to hit a high of seven years on the Moscow Exchange. This was after the Russian government put forward its new budget and the currency received support from upcoming tax payments at the month end and capital controls that have been put in place. Rouble … Read more

New Media and Regulatory Battles Result in BNB Losing its Value

BNB

The latest data coming in for Binance Coin (BNB) seems very concerning for the entire investment community. Binance Coin, which is the utility token of the largest cryptocurrency exchange by trading volume, Binance, is now experiencing a downtrend. The Reason Behind BNB’s Price Depreciation The recent downfall in the price of BNB has been experienced … Read more

Wall Street Sinks with Fears of Recession Shaking Markets

Recession

On Thursday, the US stock indexes plummeted, with the rout led by some high profile tech shares. This happened after the US Federal Reserve jacked up its interest rates by the highest level since 1994 in order to combat the soaring inflation, thereby fueling worries of an economic recession. Central Banks Could Trigger Recession The … Read more