After hitting its lowest level since July, the Bitcoin price appears to have turned the corner. Bitcoin’s slide and other cryptocurrency has been ongoing since November, when BTC reached a record high. The rally continued into the new Year. Bitcoin, the largest cryptocurrency in terms of market capitalization, did enjoy a positive run Monday. It gained 2.69...Read More

A bill to regulate cryptocurrency trading in Turkey will be presented to parliament over the coming weeks. According to Hurriyet, sources from Turkey’s Justice and Development Party (AKP), which is the ruling political party, strongly denied allegations that Ankara authorities are planning to tax cryptocurrency gains at a 40% rate. Mustafa Elitas (AKP deputy leader), commented...Read More

Opensea users received a Christmas gift from a new DAO. This was an airdrop that the organization launched to thank the market and express its gratitude. Opendao launched Christmas Day. It airdropped 50% off its total supply to all users who have traded NFTs or transacted on the Opensea Marketplace since day one. This snapshot was taken December 23. According...Read More

The U.S. Federal Reserve has initiated a unique monetary easing policy since the inception of Covid-19. This has resulted in a spike in inflation. Analysts and economists around the world have criticized Fed’s decisions recently. On Wednesday, the FOMC met for two days. The central bank stated that its bond purchasing program will be reduced to $30 billion per monthly by January. The...Read More