As the cryptocurrency market begins to consolidate its bullish advances since the year’s turn, senior commodity strategist at Bloomberg Mike McGlone has shared his analysis in which he suggests that cryptocurrencies could be “facing their first real recession.”

Everscale is a blockchain ecosystem built on the Telegram Open Network (TON) architecture. How does it work? What is its purpose? Let’s take a look!

Bitcoin and other cryptos have been showing signs of strength in the current uptrend.

The time value of money (TVM) is a concept that states it's better to receive a sum of money now than the same sum in the future. This is because you could invest the money, giving you a return. The concept can be taken further to look at a future sum's present value and a present sum's future value.

WisdomTree, the New York-based asset manager that operates blockchain-enabled funds, reported that the value of its cryptocurrency holdings fell to $136 million at the end of the fourth quarter from $357 million at the end of the same quarter last year. The company saw a net loss of $28.3 million in the period, compared to a profit of $11.2 million in the same period last year. Operating revenue declined to $73.3 million from $79.2 million in the previous fourth quarter.

Investment in cryptocurrency companies plunged 91% in January from a year earlier. Given that these deals can take months to get done, any funding drought resulting from the November collapse of FTX might not even be fully reflected yet.

Innovations along these dimensions - technology, policy, and market education - suggest a more positive future for cryptocurrency in 2023. There may be light ahead of this crypto winter.

The new Consultation paper Released proposes a new framework.

Our expert researchers determine crypto-readiness of the most populated cities around the world.

Crypto tax firm Recap released a research report on Jan. 25, 2023, highlighting the top global cryptocurrency hubs, with London named the “most crypto-ready city.” Recap used criteria from eight elements, including the number of cryptocurrency businesses and employees, research and development spending compared to each city’s GDP, the number of cryptocurrency ATMs, cryptocurrency ownership, and capital gains tax rates.