Blog

Why Central Bank Digital Currencies Are Good News for Cryptocurrency Investors

The relationship between cryptocurrencies and central banks is more entangled than you would think. Even though cryptos emerged to boot out the banks from the global financial system, ten years later, they’re still a niche payment striving to achieve wider adoption.  On the other hand, these same digital assets are making central banks rethink the future of money and how their services fit in the bigger picture. And from the looks of it, central banks will jump on the blockchain [...]

Read more...

Central Banks Once Dismissed Cryptocurrency, Now Rush to the Bandwagon: Why?

When Bitcoin was first introduced in 2009, many in the financial mainstream dismissed it as a joke or a toy. They may have been curious about how it worked, but they thought there was no way it could ever achieve any measure of success. Over a decade later, and with each bitcoin now worth nearly $12,000, their tune has changed. And it isn’t just bankers and the financial media who have changed their tune, it’s central banks as well. Even [...]

Read more...

Cryptocurrency Price Increases Mirroring Those of Gold & Silver

Bitcoin and cryptocurrencies grew out of the ashes of the Great Recession, as Satoshi Nakamoto created Bitcoin to overcome the problems inherent with fiat currencies. After a $700 billion bank bailout, an $831 billion stimulus package, and trillions of dollars of quantitative easing, many people realized that the orgy of government spending was not only not good for the dollar, it wasn’t good for ordinary investors and consumers. Inflation has in recent years been accepted as a reality of life, [...]

Read more...

US Monetary Authorities Missing the Point on Cryptocurrency

When Bitcoin was first introduced in 2009, it was a reaction to monetary policies on the part of central banks that flooded the world with cheap money. Around the world, central banks created trillions of dollars worth of new money out of thin air in an attempt to keep asset prices elevated. While those policies may have been “successful” in the long run by keeping real estate expensive and causing another stock market bubble, they didn’t create any more [...]

Read more...

From Options to Debit Cards: Cryptocurrency Is Making Inroads Into Finance

Every day seems to bring fresh news of the new inroads made by cryptocurrencies into the traditional finance world. And each step cryptocurrencies take upends conventional finance even more. In just 10 years, cryptocurrencies went from mere curiosities to internationally traded financial assets. And 10 years from now we may look back and wonder how we ever survived without crypto. One of the advances that first brought major focus to cryptocurrencies was the introduction of Bitcoin futures in late 2017. [...]

Read more...

Bitcoin Inactivity a Positive Sign for Cryptocurrencies

The percentage of bitcoins that haven’t moved in over a year is at its highest level in four years. And while at first glance that might seem to be a negative for Bitcoin, it actually isn’t. It’s an indicator that more and more Bitcoin investors are bullish about Bitcoin’s potential future price growth, and they’re holding on to their investments like never before. With products like a cryptocurrency IRA, investors have even more choices than ever to invest in cryptocurrencies [...]

Read more...

Cryptocurrency Interest Grows as Inflation Fears Take Hold

With the US government and the Federal Reserve cooperating to pump trillions of dollars into the US economy, fears of inflation are growing every day. The Fed’s balance sheet has grown from $4.3 trillion earlier this year to nearly $7.1 trillion today, an unprecedented gain in such a short amount of time. Because of those fears of inflation, interest in cryptocurrencies continues to grow as investors look for a hedge against coming inflation. Many of the fears of hyperinflation that [...]

Read more...

Will Cryptocurrency Replace Banks?

When Bitcoin was first introduced, it promised a future free from banks and financial middlemen. From now on, every person was to be his own bank, and financial transactions could be made across borders and between individuals without having to resort to financial intermediaries. But since that time, the Bitcoin and cryptocurrency ecosystem has grown to encompass a wide variety of financial middlemen. From cryptocurrency mining firms to wallet providers to cryptocurrency IRA providers to crypto exchanges, a whole host [...]

Read more...

Fraud Remains in Cryptocurrency World, But Can It Be Stopped?

One of the reasons many people are still hesitant to invest in cryptocurrencies is the fact that they don’t know much about cryptocurrencies, how they operate, and which people or firms can be trusted. With stories of fraud abounding, would-be investors are understandably hesitant to put thousands, tens of thousands, or hundreds of thousands of dollars at risk of theft by criminals and fraudsters. Can the problem of fraud within the cryptocurrency world ever be overcome? As a response to [...]

Read more...

Will Gray Market Cryptocurrencies Become a Thing?

One of the driving factors behind the quick adoption of cryptocurrencies was the fact that they initially operated in a sphere that was largely unregulated. The first users didn’t give a though to anti-money laundering laws, know your customer regulations, banking regulations, or even taxation of cryptocurrencies. Bitcoin, Litecoin, and Ethereum were just tokens with a great deal of potential, something fun to play around with, and nothing to take too seriously. But as interest in Bitcoin began to [...]

Read more...