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  CARDANO’S PRICE ROSE 2.29% AT $0.2533 ON FRIDAY. Cardano (ADA) creator and Ethereum (ETH) co-founder Charles Hoskinson claims that he detected “rumors” concerning the safety and Exchange Commission (SEC) vs Ripple case can public conclude on Dec. 15, with unfortunate consequences for the crypto business. During a “surprise” solicit from me something (AMA) session streamed on Dec. 11, Hoskinson same that he had “rumors that the Ripple case is settled Gregorian calendar month fifteen, which might have ruinous implications for the business a method or the opposite.” He prompts that the cryptocurrency house might attempt to create its stand against the regulator’s decision: The report follows Ripple Labs filing its final submission in its current legal battle against the U.S. Securities and Exchange Commission. The legal battle — which started at the tip of 2020 — was initiated by the regulator WHO argued that Ripple offered unregistered securities through its XRP sale Read More

  INTRODUCTION You may be wondering how the US dollar became the most powerful reserve currency. Here’s a look at some of the factors that have helped make it a global powerhouse. INTRODUCTION TO BRETTON WOODS AGREEMENT You may be wondering how the US dollar became the most powerful reserve currency. Well, it all started with the Bretton Woods Agreement. This was an agreement that was made in 1944 between 44 Allied nations who wanted to rebuild the global economy after World War II. Under this agreement, the US dollar was converted into gold, which established a system of payments based on the dollar. This helped to stabilize global currencies and prevented economic collapse. In addition, Bretton Woods also established a system of fixed currency exchange rates using gold as the universal standard. This meant that countries could exchange their currency for US dollars, which would then be exchanged for gold. This allowed international trade to flourish and prevented economic instab...

  TWT, TERRA, AND SOLANA HEADLINE 2022’S TOP CRYPTOCURRENCY LOSER LISTS As the year 2022 comes to a close, a steady theme has been cryptocurrency markets falling under selling pressure. With bear market conditions prevailing, we rank the biggest gainers and losers among the top 100 cryptocurrency assets, as ranked by capitalization. Performance numbers are as of December 27th. CRYPTOCURRENCY WINNERS: ONLY TWO CRYPTOCURRENCIES IN THE TOP 100 INCREASED THEIR VALUE IN 2022 In the current top 100 cryptocurrency list, there are two cryptocurrencies that came out ahead in 2022. TRUST WALLET TOKEN (TWT) TWT, the native asset of Trust, the external wallet acquired by Binance, emerged as an altcoin that resisted the bear market this year. TWT has increased its value by 90% since the beginning of the year. Trading at $1.347 on December 27th, TWT started the year at $0.7084. TWT, which currently has a market capitalization of $561.75 million, is ranked 62nd. Its rise is no doubt a sign of the...

  ETHEREUM TUMBLES 1.48% TO 1333.32 ON WEDNESDAY. Mike Novo Gratz says after the merger Ethereum had a big move down. The merger was an amazing performance in lots of ways, it shows the decentralized community can accomplish something that’s really complicated. We all know that Ethereum had gone from $1000 to $2000. After that, we could clearly see a pullback after that and mike feels that $1,250 should be the bottom here and so Ethereum is closer to the bottom than the top. Novo Gratz says that bitcoin falling dramatically because of increasing interest rates by institutions, Blackrock deal with Coinbase and their own fund when people are coming to buy and bitcoin could go as lower as it can Most of the Altcoins are in the red zone, Bitcoin shows no reversal trend. The market condition can be tracked by several factors such as the federal reserve interest rate hike The major resistance for bitcoin is $20,000 and it’s stuck below this level and it will go down for some time because...

  EUROPEAN STOCKS HIGHER; EUROZONE PPI DATA DUE European stock markets climbed higher Tuesday, building on the previous session’s positive start to the new quarter. By 03:45 ET (07:45 GMT), the DAX in Germany traded 1.9% higher, the CAC 40 in France rose 2.3%, and U.K.’s FTSE 100 climbed 1.1%. European equities have started the new quarter on an upbeat note, bouncing after the sharp losses of the third quarter caused by concerns over slowing growth and aggressive monetary policy tightening. Helping the tone was the decision of the U.K government to reverse proposed tax cuts for top earners. That said, this only rules out a small percentage of the planned 45 billion pounds of unfunded tax cuts announced last week, and seriously undermines the authority of both the Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng. Also helping sentiment was Australia’s central bank raising interest rates by a smaller-than-expected 25 basis points earlier Tuesday. The economic d...