In a push to China’s digital currency e-CNY, AliPay has integrated the Digital Yuan to facilitate express payments on all of the e-commerce websites run by the Alibaba Group Holding, including Taobao and Tmall.AliPay is China’s popular digital wallet run by the Ant Group. Li Chen, Ant’s chief compliance officer, made the official announcement on…

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– The stablecoin space has multiple players yet USDT holds a leading position. – Currently the stablecoin holds a market cap of over 65 billion USD Constant change is synonym for cryptocurrency space given its nature as it widely remains unstable.Stablecoins come handy amidst such situations, when the broader crypto market witnesses carnage, becoming a…

As we round out 2022, it’s important to reflect on how terrible a year it’s been for crypto thus far.Many projects have failed, eroding investors’ faith in riskier projects.Moreover, the bankruptcy of BlockFi and FTX has alarmed investors who previously viewed regulated exchanges as safe.Consequently, the fallout from these bankruptcies, combined with increasingly bearish sentiment…

Tumultuous Times: Crypto Market Setbacks And Recoveries Summary – All major U.S.crypto lenders – Blockfi, Genesis, Voyager and Celsius – have now suspended withdrawals and are either in bankruptcy or negotiating privately with creditors. – There’s been a record withdrawal of BTC from centralized exchanges to cold wallets.Thus, liquidity in the market has dried up,…

The stock market houses several crypto investment options.Some are full of potential, while others might not hold any future profits.Deciding on the crypto stocks to add to your portfolio can be pretty challenging, especially if you are new to the crypto market. Another reason why it might be hard to come to a decision is…

The cryptocurrency market has a plethora of competitors.The market is currently more competitive, with thousands of initiatives vying for the top spot in popularity and valuation.Some cryptocurrencies have contributed substantially to the sector’s development and expansion.However, some have been very ineffective and unsuccessful. Notable cryptocurrencies like Tron (TRX) and Solana (SOL) have sparked attention in…