Global crypto asset management platform Kassio offers investment solutions. The investment solutions are like earning, borrowing, shopping and trading, on Monday announced its India launch.

Established in 2020, Kassio was co-founded by Sachin Singh, Anuj Yadav and Bharat Vivek. They have over 10 years of experience in building technology and product-based ventures and expertise in crypto solutions and products.

With its beta version going live at the beginning of April, Kassio has received over 30,000 applications on its platform. As per the company, more than 60% of these applicants have already registered and verified. Also, they are registering more options on the platform and are currently using different Kassio products.

Speaking on the launch, Bharat Vivek, co-founder and chief operating officer of Kassio, said, “We are an all-season crypto solution. Moreover, we are starting from trading to managing digital assets in all market conditions. Our earn product allows users to earn compounding growth on their assets even in the current market crash. However, borrowing product allows users to create liquidity without losing their price positions.”

Furthermore, Sachin Singh, co-founder and chief executive officer of Kassio said, “The global crypto industry may reach $4.94 billion by 2030. With our vision to be the pioneers in managing the complete bouquet of crypto financial solutions with crypto as an asset class. Also, we are creating a safe & legally compliant platform. By empowering users to spend crypto in their daily lives, we aim to create a unified solution”.

Read More: The Bill of U.S. Senator Lummis integrates cryptocurrencies into the financial system!

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In just the last 45 days, the crypto market has eroded more than $800 billion worth of investors’ wealth. However, Coinbase data shows that the mass exodus of retail players from the crypto market started itself during Q1 Crypto 2022

Furthermore, the Citing data released by crypto exchange Coinbase last week, CryptoQuant CEO Ki-Young Ju states: “76% of the trading volume at @Coinbase came from institutional investors in Q1 2022″. He further added:

“Retail investors are leaving the crypto market. Not bad for accumulating Bitcoin with institutions, but still worried about overall volume which is significantly decreased compared to last year”.

There’s no doubt that the recent market correction has shaken retail and institutional players alike. At the same time, retail players have recently lost a ton of money. They lost the money due to the collapse of the Terra ecosystem last week.

Furthermore, the Bitcoin fear and greed index shows that we are currently in the extreme fear zone. However, this could prove to be the right time for long-term accumulation.

Inflows Return to Bitcoin Funds- Q1 Crypto 2022

On Monday, May 16, CoinShares published a report stating that institutions poured $300 million into Bitcoin funds last week despite the heavy market correction. Most of these funds came from the North American institutions, while the European institutions recorded net outflows. The report states:

“A strong signal that investors saw the recent UST stable coin de-peg and its associated broad sell-off as a buying opportunity. Bitcoin was the primary benefactor, with inflows totaling US$299m last week, suggesting investors were flocking to the relative safety of the largest digital asset”.

On the other hand, institutions decided to withdraw large sums from altcoins which have tanked significantly.

Read More: Dahab Alealam: Major Muslim crypto-asset set to launch the Open Token Sale.

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• Fast growth and development.
• Key Points Indicator: 
• Ethereum falls back to $1,824 today
• Whales on Ethereum continues to sell

Bitgert Remains Bullish while Alluring the in the Bearish Market

The crypto market has continued to crash, with all the major cryptocurrencies posting the lowest price for the past 11 months. Further, Ethereum is +20% down in the past 24 hours of this writing. The Ethereum price has dropped to $1,824, a price last seen in July 2021 at the time of scripting. 

That’s how bad the Ethereum is doing. 

Though the FED fiscal regulation has driven the massive price drop, the number of Ethereum holders selling today has increased significantly. This also includes the Ethereum whales. That’s why the Ethereum market cap has been dropping fast over the past few days.

Crypto analysts have said that a significant number of Ethereum investors are joining other promising crypto projects. One of the coins experiencing an influx of the Ethereum community members is Bitgert (BRISE). Bitgert is among the few coins that have shown impressive resistance in this bear market, which is why Ethereum investors are joining it.

Unlike Ethereum, this has been performing well in the current bearish market. Bitgert is one of the few cryptocurrencies posting growth in the current bear market. Besides, Bitgert coin has also maintained a stable price as the likes of Ethereum crash.

Here are facts about this blockchain project, making it super attractive than Ethereum.

Facts

The most attractive thing about the Bitgert project is its fast growth and development. It is the fastest-growing blockchain ecosystem. However, what is catching the attention of the Ethereum community is the disruptive products the team is developing. Moreover, this blockchain ecosystem has DeFi, NFT, and Web3 projects.

In addition, the project team has built and launched the BRC20 blockchain. This product is one of the key products for the Bitgert ecosystem. The Bitgert BRC20 is a zero-gas-fee blockchain, one of the biggest reasons it is experiencing massive adoption. The Bitgert chain 100k TPS makes it the fastest blockchain today.

However, the huge list of products in the roadmap V2, the Startup Studio’s 1000+ projects, and the Centcex partnership, which brings more products to the Bitgert ecosystem, are other factors attracting the Ethereum community.

In conclusion, there is a likelihood of the Ethereum price dropping lower as the bearish market persists. This might make more Ethereum community members join the Bitgert project. Therefore, there will be a lot of Ethereum investors joining Bitgert if the market continues to crash.

Read More: No Glad Tidings For Crypto Investors!

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Dogecoin also went high with 15.5% at about $0.181994 in previous 24 hours. Elon Musk, Tesla Inc chief mentioned about acceptance of Dogecoin as payment for the merchandise on basis of test, sending meme-based cryptocurrency fore than 20%. Dogecoin is quite popular among the retail investors which also raced about $0.20 subsequent to this tweet.

It was also witnessed with the marginal surge of $0.00003353, that is about 0.9% increase in previous 24 hours.

Global Cryptocurrency market

The International market capitalization of cryptocurrency is about $2.3 Trillion, that is the 2.5% increase in previous 24 hours. Also, the complete trading volume of cryptocurrency in last day is about $118 billion. Though the dominance of Bitcoin is at 39.6%, dominance of Ethereum is about 19.8%.

In the meantime, just one day back, prices of cryptocurrencies briefly went on haywire, with various different tokens that show astronomical gains which sent the users gushing about wonderful windfalls. This lead other people wondering about what exactly happened.

No impact on trading of Cryptocurrency

It was clarified that the issue has been closed and resolved. Also, confirmed that there was no impact on trading. It was also mentioned that the investigation is still on about the asset price along with the trade difficulties. This also allows the customers to simply manage the crypto assets. There was no explanation provided on what and where exactly things went wrong.

Technical Glitches

The Technical hitches have long overwhelmed entire cryptocurrency world. Many exchanges faced such trouble processing the transactions during the high trading activity. Also, feature of obscurity has been also a selling point as the development of the cryptocurrencies that also has also made it trickly to get solution of hacks and thefts.

The post Surge in Today’s Cryptocurrency Prices! appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Creating Content

Creating good content can help you to monetize your work. It doesn’t matter that you have a large fan base or not; someone might be enjoying reading your content and is eager to pay for more. Many social network platforms give a revenue stream for their givers, but the actual money originates from subscriptions. Plenty of websites let fans who like your presence contribute to you directly. Thus, rather than cash, you can tell your fans to send you crypto.

Cryptocurrency Giveaways and Airdrops 

When a new cryptocurrency comes out, it requires letting everyone understand to gain investments. Nothing is better than spreading knowledge via its users. Airdrops are free quantities of a new coin provided to whoever wants to be a member of its blockchain.

Completing Microtasks

Microtasks are virtual tasks you do in return for a small number of crypto. They are usually mundane and quick activities. You can finish several at once to have stable gains. It can be filling out a random assessment on an unexpected subject or checking an application.

Cryptocurrency Earning Programs

That is nothing like Yield Farming, which is a somewhat more sophisticated method. This method doesn’t involve accessing your coins. Such programs are like a saving account where you put cryptocurrency and see it grow. The main benefit of joining an earning program is elasticity. You don’t need to worry about charges while trading or commit your crypto. Drop it into your account, and the exchange will look after the rest. 

Cryptocurrency Staking

It is similar to mining – however, it relies on who you ask. Several cryptocurrencies, like Ethereum, are collecting to an assessing method known as PoS (Proof of Stake). It is made to swap conventional bitcoin mining, which costs extreme amounts of energy.

The post Earn More Cryptocurrency: 5 Easy And Safe Ways appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Asset transfers

You can use cryptocurrencies to transfer the possession of assets from one name to another by making payment to the seller via bitcoin. It is possible in blockchain technology. It allows you to perform the transactions securely and safely. The currencies are also design to include third-party approvals and can be finish on the upcoming date. If you possess the crypto plus have the power on the account, you can decrease the expense and the time involved in the assets transaction. 

Easy transactions through Cryptocurrency

When you deal with or perform business with legal representatives or brokers, there are various transaction charges that you should pay for each transaction. Also, there is plenty of commission, brokerage fee, paperwork, and other things to be done. But, when you decide to use crypto, it eliminates the requirement of the agents or the middle man. The transaction would happen one-on-one on the safe network. It makes the transactions transparent, plus it becomes more straightforward for you to build the audit trails. 

Confidential Cryptocurrency transactions

When you use credit or cash, the transaction narration will store, and this information will be accessible for the banks. Whenever you perform any transaction, the bank stores it. But, you can confirm the balance that’s in your account anytime. When you perform complex business dealings, there would be lots of economic history checks.

Give access to credit

Internet is permitting people to relocate currencies securely and with ease. Anyone can use the crypto service that has an internet connection. Also, they must inform about the crypto system. It becomes simpler to perform asset transfers and transactions using the cryptocurrency ecosystem for concerned customers.

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Ethereum stands at the top spot out of all the cryptocurrencies by plunging down almost 7% to $2,905.85. Ether has kept tanking down since the start of September. On the other hand, the world’s largest cryptocurrency, Bitcoin, stands at second with a 4% decline in its price. Currently, it is at $42,188.41, much below its rate of $65,000 earlier in April.

The controversial crypto Dogecoin disheveled 3% to $0.19, whereas Cardano prices also declined 4% to $2.09. On the other hand, other cryptocurrencies like Solana, XRP, Litecoin, and Stellar also declined over the last day.

To sum it all up, the global crypto market fell 3.65% over the last day and caps at $1.8 trillion, whereas the total crypto market volume over the last day remained at $97.32 billion, down 14.64%. According to the COO of WazirX, Siddhart Menon, the cryptocurrency market is just below $2 trillion, and the volumes have been relatively stable over the past few weeks.

Meanwhile, crypto services providers and exchanges are in the process of finishing ties with Chinese mainland clients after the last Friday’s incident of Beijing issuing a ban on all crypto mining and trading. Click here to learn more!

Stay tuned to get the latest crypto news and updates to make wiser decisions in your investment!

The post Profit Booking Pushes the Prices of Top Cryptocurrencies Lower! appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

On Thursday, at 12:37 (07:07 GMT) Cardano was up over 10% trading at $$1.383841. The single-day double-digit surge made Cardano’s market cap by volume expand by another 2.1%. Overall, in the seven days, Cardano’s ADA tokens have jumped by over 12%.

Given the market trends and ADA’s responsiveness, it would be safe to say that Cardano is all set to set a new record. That’s true, Cardano will likely surpass its all-time high of $1.56. It means Cardano can go up by at least another 12 -15% in May 2021.

Earlier in the week, Ethereum hit its all-time high and continues the bullish trend even today. Ethereum tokens are currently trading at $2,720. They have risen by over 270% in 2021 alone. As the top tokens have been demonstrating a significantly bullish trend, it is only about the margin. Cardano is expected to touch the $1.60 mark soon.

Time To Diversify

The bullish crypto markets bring a great opportunity to diversify your crypto assets. Adding Cardano ADA (if you don’t already own them) will not only dilute your dependency on limited tokens but also allow you to profit from the expected price rise. Moreover, Cardano is a promising project, with all the potential to become a legit competitor to Ethereum in the long run.

The post Silently Surging, Cardano To Set New Records In May? appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.