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Why Is Bitcoin Going Up

If you’re a novice Bitcoin supporter who wants to learn more about the crypto market before joining in, you must have noticed the newly-surrounded hype around this digital asset. The increased media attention is a result of the unprecedented price rally as Bitcoin smashed its records this year. In the last 12 months, Bitcoin’s price has increased at an unprecedented rate from lows of $4,000 to over $40,000. High-net-worth individuals and institutional investors are regarding Bitcoin as a hedge asset and [...]

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Why Cryptocurrency Is the Future?

After the launch of Bitcoin, the world’s first cryptocurrency, there were a lot of naysayers criticizing the project and dismissing its potential. However, contrary to their beliefs, Bitcoin and the cryptocurrencies that followed have gathered momentum in recent years. In the eyes of crypto enthusiasts, this was simply a natural transition. Just like people moved from gold to paper money in the past, so too in the digital era in which we live, people have shifted to cryptocurrencies or digital [...]

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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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