The major central banks are investigating potential use cases of the digital equivalents of fiat currencies at an accelerated pace If there has been one overwhelming factor that has precipitated these aggressive moves by the global central banks to launch the digital alternatives of their fiat currencies or more commonly knows as the Central bank digital...Read More
The idea of a CBDC which was mostly frowned upon till a short time ago is now being openly discussed by various Central banks Although the price action in digital currencies in Q3 has disappointed the Crypto bulls, the mainstream adoption of digital assets has continued to gain traction throughout the year. While financial regulators...Read More
5 Charts showing the state of Crypto trading & Exchanges in the Third quarter Just as the second quarter of 2019 had provided a strong bullish momentum and a ray of hope for the crypto enthusiasts from the protracted bear run, the third quarter saw bears making the rounds with Bitcoin giving up more than...Read More
The proposed digital coin by the social media giant is losing support as the big-name initial supporters quit There is absolutely no doubt that Facebook’s proposed digital payment coin got more than its fair share of attention ever since its launch in June of this year. The proposed project raised so many eyebrows since it was being...Read More
Blockchain Transparency Institute (BTI) analyzes Wash trading, Cleanest exchanges & True volumes of digital coins The launch of Bakkt Bitcoin Physical futures has been a bummer for the Cryptos. At the time of writing only 71 monthly futures contracts had traded on the new platform. Not only was the slow start a little disappointing, but Bitcoin’s price...Read More
Facebook, Chinese Central bank (PBoC) & Binance are vying for dominance in the Stable coin space As the Crypto gains from earlier this year have faded the price action points towards further weakness. The premiere digital coin Bitcoin continues to slide making lower highs, unable to hold the $11K resistance. The U.S SEC Chairman Jay...Read More
Binance’s blockchain project will act as a platform for launching localized stable coins Top Cryptocurrency exchange Binance has been a major player wielding a lot of influence in the Cryptoverse with its broad-based ecosystem. Starting off as a digital exchange only, it has broadened its horizons to include educational initiatives, a very own native coin (BNB), an...Read More
5 Charts showing the state of Crypto trading & Exchanges in the second quarter Second-quarter for 2019 started off with a bullish momentum pulling the general crypto market out of the cold depths of the ‘Crypto Winter.’ While the gains in Alt. coins have waned since then, Bitcoin has temporarily stabilized creating a support base around...Read More
2019–2020 are shaping up to be the biggest years for Stable coins coming live Going through a recent report from the blockchain research group Blockdata, gives you insight into how big the whole Stable coin movement has gotten in the past 18 months or so. After a successful 2018, we are looking at another robust year...Read More
5 Charts showing the emerging role of Bitcoin as a hedge in the 21st Century What a relentless recovery has the Crypto kingpin Bitcoin staged in the past 10 weeks or so as it finally broke the all-important $10K psychological level, last seen in Mar. 2018. Not only that, the FOMO (Fear of missing out) factor...Read More
Stable Coins are still popular as Chinese appetite dominates Some of the most recent reports on Cryptocurrency trading volume have concluded that most of the demand is coming from the U.S. & select global exchanges. However, this hasn’t lessened the concern of the U.S regulators about the Bitcoin price manipulation. Previewing the data about the...Read More
The household wealth varies greatly across the Global financial spectrum depending on where you live, access to financial services & markets literacy.Read More
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