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It might seem counterproductive to think about the best cryptocurrency to buy now, given that 2022 was filled with the bad news that negatively affected the general crypto market.  In cryptocurrency, market swings can happen anytime; for instance, from June 2019 to March 2020, the cryptocurrency market lost more than 60%. But, such data shouldn’t discourage investors as there are still tokens with high growth potential. Below analysts bring out the top 3 cryptocurrencies with high growth potential in Q1...

Trading Bitcoin (BTC) is not easy, given the relatively high volatility of the cryptocurrency, its low correlation to other asset classes, and its reaction to various factors that can come from both the crypto industry and traditional finance.Like the U.S. dollar and other fiat currencies, which are mostly driven by macroeconomic factors, cryptocurrencies like Bitcoin can become volatile when the Federal Reserve surprises with its interest rate decision. However, Bitcoin can also react to the collapse of a major crypto...

The CEO of Coinbase exchange, Brian Armstrong, expressed his dissatisfaction with the approach of the US lawmakers and the regulators regarding the establishment of clear regulations in the cryptocurrency space. He cautioned that the United States’ restrictive policies could potentially have the way for “adversary nations,” such as China to gain an advantage in the cryptocurrency industry.In a recent op-ed published on 30 May, Armstrong reiterated his concern that the recent volatility in the crypto markets may lead US policymakers...

Traditional financial firms, including Standard Chartered, Nomura, and Charles Schwab, are busy building or funding new crypto exchange and custody platforms, FT reported on May 31. These well-known Wall Street firms are betting that fund managers are still interested in trading crypto even after last year’s market downturn and the string of crypto scandals. The FTX bankruptcy and Terra ecosystem implosion, among others, highlighted the risk of investing through largely unregulated exchanges. But legacy firms believe asset managers prefer dealing...