What is Crypto Airdrop and How it works?

Introduction : The crypto Airdrop is a practice in which the existing crypto currency holders such as Bitcoin receive reward in the form of free token. In simple words, it is a giveaway which aims at promotion of a particular blockchain.  Loyal customers also get rewarded in order to ensure that they continue to subscribe [...]

Crypto.com hacking weighs on Bitcoin

The recent confirmation of crypto.com on $30 million stolen by hackers puts pressure on the Bitcoin. Stricter scrutiny on the crypto exchanges also weighs on the crypto- king. Russia call for blanket ban on crypto trading and mining exerts downward pressure on the Bitcoin.   Bitcoin had a drop during Friday Asian session. Crypto hacking, [...]

Gold edges high despite firmer US yields

The soaring inflation in US and Germany favors the yellow metal. US president Biden's speech supporting the Fed Powell's helped the Yields to surge. Russia-Ukraine situation also underpins the bullish rally of the Yellow metal.   Gold price has edged high and reached the 2 month high of $1844 during Thursday Asian session. The yellow [...]

UK political angst weighs on pound, CPI eyed

Firm US dollar after the previous day's surge in U.S. yields, weighs on the GBP/USD. The ''Partygate'' scandal creates political uncertainty in UK and in turn weighs on the pound. Formal talks between US and UK and the Cautious optimism on the UK inflation data favors the Pound.   The Britain Pound seesaws against the [...]