Western Union appears to be getting ready to learn more about cryptocurrency.

The cryptocurrency market has been losing money for almost a whole year, and while coin values have decreased significantly from November 2021 levels, development and acceptance are still moving forward quickly. Numerous financial services from the traditional banking industry have long claimed that cryptocurrencies are scams that are destined to fail and that they will … Read more

Investors are more likely to invest in cryptocurrency when regulators take strict enforcement action.

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), two US financial market regulators, are actively clamping down on the cryptocurrency industry. But it’s thought that this crackdown will draw more investors into the market. Tough regulatory action benefits cryptocurrency. It is said that the sector would benefit from the increased … Read more

Investors claim that as the SEC becomes more aggressive, cryptocurrency is becoming more appealing.

Investors claim that as the SEC becomes more aggressive, cryptocurrency is becoming more appealing. Market participants report that they are more likely to invest in the field following increased enforcement action by the US Securities and Exchange Commission and other watchdogs who have been looking into crypto’s naughtiest companies. Nearly 60% of the 564 participants … Read more

See why Cryptocurrency Prices Change – What Coins to Think About in a Dip.

The Fed (Federal Reserve) continues to pursue a financial tightening strategy despite the US inflation rate’s persistent rise. This month, there was a further 75 basis point rise in interest rates. The US currency and the DXY index, which measures its strength, are supported by the Fed’s policies and the global macroeconomic situation. The DXY … Read more

Gary Gensler’s approach to cryptocurrencies at the SEC is criticised by US Democrat Senator John Hickenlooper

One of the first Democratic senators, John Hickenlooper of Colorado, has openly criticised Gary Gensler, chairman of the U.S. Securities and Exchange Commission, for his cautious attitude to cryptocurrency (SEC). In a letter to Gensler that was originally reported by Punchbowl News, Hickenlooper said that the existing lack of a coordinated regulatory framework causes “uneven … Read more

If US Inflation Drops Below This Level, Cryptocurrency Prices May Crash.

The release of the US Consumer Price Index (CPI) comes today, and the cryptocurrency community is humming with anticipation and apprehension in equal measure. The crucial statistic is 8.3% from previous month. For traders and investors, any decline in that figure will serve as a buy signal because it shows the Federal Reserve is keeping … Read more

Cryptocurrency

cryptocurrency

Cryptocurrency is a type of digital asset that uses cryptography to secure its transactions and to control the creation of new units. Cryptocurrency is decentralized, meaning it is not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and … Read more