Sunday, August 1, 2021

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Major Model Says BTC Set For Huge Leap

Major Model Says BTC Set For Huge Leap

As the COVID pandemic begins to wind down and the global economy ramps back up to nearly normal levels of activity, most cryptocurrency investors are wondering about the fate of bitcoin (BTC). As the market leader and most heavily capitalized alt-coin in existence, the general health of bitcoin can...
El Salvador Opening the Path for Crypto Adoption

El Salvador Opening the Path for Crypto Adoption

The biggest recent news in crypto is, of course, the action in El Salvador. The country is taking definitive steps towards making Bitcoin an official currency, and while the implementation will be somewhat complex, there are many elements to this policy that should have investors and crypto fans across...
Move Over China, the Philippines Welcomes Crypto

Move Over China, the Philippines Welcomes Crypto

The world of DeFi is still recovering from the shock of China’s crackdown on crypto, but not everyone agrees with their philosophy. It should not come as a surprise that China would crack down on a currency over which they have little control. It is not game over for...
Robinhood: IPO and More Crypto Trading Outages

Robinhood: IPO and More Crypto Trading Outages

In April of this year, Robinhood, a popular trading platform, made headlines when it was unable to keep up with a Dogecoin rally. Angry users found themselves locked out of trading. Robinhood has recently experienced another crypto outage, yet it continues to move forward with plans to launch an...
Should You Invest in Crypto?

Should You Invest in Crypto?

Investing in crypto has received a lot of attention lately, especially with one Bitcoin reaching over $55,000 in the last few months. If you are a stock investor, this has probably been a topic that crossed your mind more than once. The answer to whether you should invest in...
A Digital Greenback or a Digital Yen: Which Will Be First?

A Digital Greenback or a Digital Yen: Which Will Be First?

With Singapore and Russia having successfully completed tests of their sovereign currencies turned into digital tokens, there has been significant expectation about when major currencies such as the United States dollar, the British pound sterling, the Japanese yen, and the euro would follow suit. There are no immediate plans...
Central Bank Digital Currencies Will Not Affect Bitcoin

Central Bank Digital Currencies Will Not Affect Bitcoin

With greater interest by central banks around the world to create digital versions of sovereign fiat currencies, there are some concerns about how this transition may affect Bitcoin and other leading cryptocurrencies. According to a recent analysis published by Grayscale Investments, the trend of digital currencies issued by central...
Venezuela is Serious About Building Up Bitcoin Reserves

Venezuela is Serious About Building Up Bitcoin Reserves

Holding reserves in currencies and investment commodities is something that nearly all central banks practice. The United States Federal Reserve, for example, keeps ample gold and oil reserves in addition to some foreign currencies, which are mostly held in sovereign bonds. In Latin America, most central banks keep U.S....
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