Category: Evai News

Ok, so it wasn’t the bullish charge into 2022 that everyone was expecting Bitcoin to provide – but it’s certainly been interesting seeing who has diamond hands when standing in the middle of a bloodbath! Panic has been in the air in the midst of Fed inflation announcements, the Bank of Russia calling for a crypto ban – only to be swiftly rebuked by the Russia’s Ministry of Finance with the topic amended to regulation. Meanwhile Goldman Sachs stated of the Metaverse that they “…think this could be as much

2021 was an incredible year and as we kick off 2022 with a bang, it’s important to look back at just how much has been accomplished already! Even back in April when we first launched our MVP, the excitement around our crypto ratings platform – this new project which could evaluate every cryptoasset in the space through unbiased AI and ML technology – was already a talking point in the industry. We launched with just 20 assets that were evaluated and awarded daily with updated performance-based ratings. Since then, we

Hype and FUD. In the world of crypto there will always be these factors directing the ebb and flow of the market – fear and FOMO – get used to them and start polishing those diamond hands! The charts are a real-time glimpse into human psychology and sentiment and, fascinating though it is, sentiment only highlights the need for unbiased crypto ratings to cut through the noise and appraise each asset based on performance – not narrative. BTC flew up to a new all-time high of $69,000 before retracing with

Listen. Can you hear that? With the right kind of ear, you just about hear the fiat world’s printing presses starting to roll yet again. The fiat idea that to offset the impending inflation about to overtake the general public’s earnings, the wise solution will be to provide the masses with an increased supply of money that loses its value the moment it is printed and distributed. Luckily the solution – crypto – is powering forward, and Dubai’s focus on crypto has been nothing less than a statement. While the

Historically, September has always been a challenging month for crypto – not to mention the financial markets in general – and although many thought we might have gotten away with it this year, a potent mix of US regulation FUD in addition to the Evergrande knock-on effect all played a part in spilling the blood. The market opened the month in the green before a crash on 7 September caused BTC to drop $8,000 in a single one hour candle. There were green moves up again until China, with spanner

With bulls and bears fighting it out over market sway, the bulls victoriously raised the $50k flag over BTC once again for the first time since May. A benevolent hacker momentarily lifted over $600 million from the coffers of Poly Network before returning the crypto (less of course, $33 million for exploiting the issue), whereupon he/she was hired immediately as ‘Head of Security’ by the DeFi project. PayPal announced plans to afford UK users the chance to buy crypto through the platform, stopping short of allowing purchases, although in the

After crawling at a slow pace without much movement for weeks, the market leapt back into life toward the end of July. The crypto enfant terrible Elon Musk returned to the spotlight in a B Word roundtable in which he shared his thoughts on crypto and the broader market, as well as revealing that both Tesla and SpaceX hold Bitcoin. Jeff Bezos returned from space in a notably shaped rocket before hinting at the Amazon intention to accept crypto payments and launch a proprietary token. Meanwhile, British banks clamoured over

After a raft of euphoria in the crypto market, the inevitable happened in June – the great meme coin debacle ran out of fuel on the way to the moon, with many plummeting back to zero at speed. China decided to go after miners, causing what history will undoubtedly look back on as the most significant crypto miner exodus to date. At the same time, many investors saw their investments reduced in the midst of a sustained market downturn. The beginning of the bear market or a momentary dip on

After a In a month that saw Elon continuing to stake his claim as the Bond villain of crypto and a wildly erratic market that bounced around like a bull on a bungee cord, meme coins that fired skyward promising the moon and banks trying to work out whether crypto is all over or about to come after their business, we set about unleashing Evai on the world. Welcome to EvaiNews, a monthly round-up of what Evai has been up to, the results realised and projects planned. Download full newsletter