Cryptocurrency was developed on the assumption of privacy. Satoshi Nakamoto’s whitepaper stressed the idea that bitcoin can both be transparent and private at the same time. Nakamoto wrote: “The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third […]
Month: June 2019
Central Bank Digital Currencies (CBDC): What They Are and How They Work
Following the success of decentralized digital currencies such as bitcoin and the development of fiat currency-backed stablecoin, central banks across the globe have started to research and trial so-called central bank digital currencies (CBDCs). In this guide, you will discover what central bank digital currencies are and what they may […]
Fidelity Research Reveals Institutional Investors Are Strong on Crypto
The crypto space has grown by leaps and bounds. What was once an obscure payments network has become a force to be reckoned with — not just in the financial industry, but also in other sectors. Recent research published by Fidelity Investments reveals that: “Seventy-two percent of the institutional crypto […]
Top IEOs for 2019, by Amount Raised and ROI
2019 has been the year of the IEO. After seeing successful launches in Korea, international exchanges are following suit. These IEOs, or Initial Exchange Offerings, have become popular through platforms such as KuCoin, Binance, OKEx, Bittrex, and Huobi. Through their respective platforms, each of these exchanges has shown a commitment […]
Project Libra: What Is Facebook’s “GlobalCoin?”
All signs point to Facebook working on launching its own cryptocurrency, possibly as early as the first quarter of 2020. While the company hasn’t made an official announcement regarding its plans revolving around blockchain development, both media reports and second-hand accounts over the past year and a half show that […]
How to Mine Metaverse, Step by Step (with Pics)
Mining digital assets is becoming more accessible as less complicated systems are put in place. The availability of mining pools makes it even easier to mine tokens like Metaverse with high profit potentials. Metaverse is a platform that makes use of the Ethash mining algorithm, which makes it possible for […]
How Brexit Affects the Price of Bitcoin: A Correlation Analysis
When the United Kingdom made the decision to leave the European Union, commonly referred to as “Brexit,” the price of bitcoin soared against the British pound, which weakened substantially against all currencies as a result of the uncertainty pertaining to Britain leaving the EU. In the years to follow, the […]
Bitcoin Trading Tip: Why “Selling into Strength” Makes Sense
Most honest traders will testify to the fact that losing their hard-won, open bitcoin gains is a painful, humbling experience. It’s even more of an emotional shakedown once they realize that many of those profit ‘give-backs’ were completely unnecessary. The most successful traders know when it’s time to begin taking […]
Stablecoins Play Large Role in Institutional Bitcoin Borrowing and Lending, Study Finds
According to a recent study by decentralized borrowing/lending platform Lendingblock, the overwhelming majority of institutions involved in the digital asset space prefer to lend/borrow in stablecoins. Some 68 percent of polled institutions said that they preferred to use stablecoins to limit their exposure to volatility. The study polled digital asset […]
Top Multi-Asset Cryptocurrency Wallets: Which Wallets Can Hold “Your” Coins?
With the rise of the altcoin market a few years after bitcoin was launched, the demand for multi-asset cryptocurrency wallets started to increase. As a result, there are a large number of multi-currency wallets from which blockchain investors can choose today. We’ve rounded up some of the top multi-asset cryptocurrency […]