Editorial

Sudeep Saxena

Co-founder at CoinGabbar

The month of April has raised some hopes for the Crypto Enthusiasts. The market has been stable overall giving a hope that good times lie ahead. The prices of the leading Assets have shown a consistent pace of growth paving way for the altcoins to follow the trend.

But the growth of the market has more or less shown stability, and this is an indicator of the times where returns will be in percentage and not in multiples, as the earlier market has proven.

Although, a few tokens like Pepe Coin are still striving to defy the fundamental logic of asset valuation, but overall the market has shown a systematic growth with stable fundamentals to follow.

The last month also saw the dominance of the US Dollar getting challenged. There are a number of developments that raised the hopes of Bitcoin Holders which include the start of the acceptance of the Chinese currency by a group of nations and the alternative acceptance of Bitcoin along with Fiat led to a positive hope building in the Crypto Corners of the world.

Also, as the SEC tightened its grip on Coinbase, the Exchange retaliated valiantly giving a clear message to the regulators that the Crypto world no longer intends to live in the shadows and that it is not longer going to bullied at will. The message was cleary given that the Crypto world wants its due share in the Financial World.