The potential for crypto in 2022 is higher than it’s ever been. All signs point towards continued adoption throughout the year. Russia passing crypto-friendly legislation will place pressure on other countries to do the same. Companies like Walmart and Tesla are going to continue adoption of digital assets into their business’. Bitcoin, for the foreseeable future, still reigns supreme with its $826 billion market cap and continued accumulation from large companies and countries. Just because Bitcoin is still the most popular, doesn’t mean that there isn’t value investing in other assets. During 2022 we saw many tokens make parabolic leaps in price during the bull runs. Very few in crypto…
-
- Binance CEO Changpeng "CZ" Zhao says the exchange actively prohibits U.S. customers (Photo: Binance)
CFTC investigating Binance for American crypto customers: Report
The enforcement agency may be investigating whether the No. 1 cryptocurrency exchange still serves American clients, despite claims that it does not
Binance began kicking U.S. customers off its platform in November—even though it had closed its platform to Americans on June 14, 2019—after setting up the independent exchange Binance.US in the country. At the time, Binance CEO Changpeng “CZ” Zhao said Binance.US would “bring the security, speed, and liquidity of Binance.com to North America,” in full regulatory compliance with all U.S. laws.
-
Markets Report: Bitcoin hits $54,500 amid rumors Oracle wants 70,000 BTC
Unsubstantiated reports say that an announcement from Oracle will come this week and could see it become an instant Bitcoin heavyweight
Bitcoin climbed to within $4,000 of all-time highs on March 9 as rumors swirled over an imminent buy-in which would rival MicroStrategy. The move was music to the ears of traders, who had been waiting for a decisive attack on both $50,000 for support and a flip of resistance higher up at $52,000 to cement the prospect of the bull run continuing.
-
Binance Survey: Crypto buyers 4x more likely to regret missed opportunity
The study also revealed that more than half bought crypto as part of a long-term investment strategy, 38% bought in because of their distrust of the current financial system and 27% because of fear of missing out
Furthermore, the study also revealed that more than half—55%—bought crypto as part of a long-term investment strategy, 38% because of their distrust of the current financial system, and 27% because of fear of missing out, or FOMO.