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How Many People Own Cryptocurrency

Five or six years ago, the majority of the world’s population was still unaware of the full potential and use cases of cryptocurrencies. All that started to change with the emergence of crypto exchange platforms and the increased attention they received in the media. This was our incentive to try to find out whether this publicity has led to massive adoption or have cryptocurrencies remained a too-good-to-be-true alternative to fiat currencies. In this text, we’ll give you a brief account of [...]

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Which Cryptocurrency to Invest In?

Are you having doubts about whether cryptocurrency is still a profitable investment in 2020 and whether it can stay afloat the challenges posed by the COVID-19 pandemic? It’s true that the pandemic has hit the stock market and cryptos were no exception. However, investing in cryptocurrency has helped investors diversify their portfolios, minimize their losses, and take market turbulence in their stride. Today, we’ll take a look at the most promising cryptocurrency in which to invest in 2020, their highlights and [...]

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How Does Cryptocurrency Work?

For years now, banks and governments have been holding the reins of our monetary system. We rely on them to issue the fiat currency we use and determine its value. Banks collect our personal information, approve or reject our requests, oversee and keep track of money transactions, enable cross-border payments, etc. These services cost extra but apart from cash, people lose time, privacy, and control over their own money. Enters Bitcoin, the world’s first cryptocurrency. Suddenly, all of the above can [...]

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Benefits of lower cryptocurrency prices

Crypto Alternatives: Bitcoin Isn’t the Only Game in Town

Those who like the thrill of high-risk investments that promise large returns should definitely check what the crypto hype is all about. If you’ve already considered investing in crypto, your first thought must have been “let’s invest in Bitcoin”. The fact that there are more millionaires than Bitcoins in the world is eye-opening and shows how limited they are. Although a lucrative investment, Bitcoin is just the tip of the crypto world. Today, new tokens appear every single day on [...]

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What Will Crypto Price Growth Look Like Over the Next 10 Years?

A large part of the crypto market is grounded in speculation and predictions. Cryptocurrency investments can be volatile but at the same time lucrative, which prompts crypto investors to think far ahead and adjust their strategies accordingly. In this article, we’ll speculate on the future price growth of cryptocurrencies. First, we’ll talk about the key factors that drive their value, then we’ll trace back the ups and downs in Bitcoin’s price throughout the years to illustrate crypto volatility. Finally, we’ll share [...]

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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 [...]

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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 [...]

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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, [...]

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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 [...]

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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. [...]

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