Forex trading and cryptocurrency trading go hand in hand. It is easy to invest in either type of asset through online brokers or exchanges. However, each investment has slightly different qualities. Here’s what you should consider before investing. Benefits of Forex Trading Over 180 assets: Forex trading, or foreignContinue Reading
Demand for Bitcoin remains solid and is fuelling a “supply shock” that shows no sign of abating, even at $50,000 and higher. Bitcoin (BTC) may have shed $10,000 in a week but the cryptocurrency’s “supply crisis” is more real than ever. According to the latest data from on-chain monitoring resourceContinue Reading
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency. According to a press release by the Bank of Jamaica on Tuesday,Continue Reading
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space. Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a newContinue Reading
Sophia the Robot has generated more than $1 million in NFT sales, Bhad Bhabie is dropping NFTs to help the “troubled teen industry”, Cardano trying to convince top NFT platforms to port over. If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists nowContinue Reading
Cryptocurrency is at the age where it is no longer a novel thing; it’s been around for over a decade and regularly receives attention in the mainstream media. Who uses cryptocurrencies, what do they use them for, and what does the future hold for these various uses? Let’s take aContinue Reading
Ethereum is a programmable blockchain, capable of powering custom tokens, blockchain applications, and decentralized exchanges. However, since Ethereum went live in 2015, several other blockchains have attempted to improve on its features. Typically, competing platforms aim to offer support for a greater variety of assets, improve transaction speeds and costs,Continue Reading
BTC Bitcoin rallied back above the $50k level as the US Senate approved another stimulus package for the US economy. President Biden’s latest US$1.9 trillion deal will now head back to the House for amendments before it is approved. The market has been eagerly anticipating another stimulus bill after theContinue Reading
Investment and saving are two common terms in the world of wealth creation, especially in the equity market. Either of the two phenomena has their approach to the concept of creating wealth, and they play different roles when creating a financial strategy. It all boils down to what you wantContinue Reading
SushiSwap wants to offer a wider net of margin assets than independent DeFi lending platforms. Decentralized exchange SushiSwap has announced the “rolling release” of Kashi, a specialized lending platform specifically designed for margin trading on the exchange, and BentoBox, a dual-purpose yield vault. Kashi aims to let traders borrow assetsContinue Reading
Crypto.com’s Crypto.org Chain aims to bring cryptocurrency payments mainstream. Blockchain infrastructure provider Bison Trails has announced another major industry partnership, this time with Crypto.com, a leading digital currency exchange looking to bring familiar transactional use cases to cryptocurrency markets. Bison Trails is providing key infrastructure to Crypto.org, Crypto.com’s public, open-sourceContinue Reading
Soros Fund Management’s CIO said that Bitcoin is no longer out on the fringes, thanks to the debasement of the U.S. dollar over the past year. Soros Fund Management chief information officer Dawn Fitzpatrick said Bitcoin (BTC) may once have been considered a fringe asset, but the inflation of theContinue Reading
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China. China’s central bank digital currency, or CBDC, will provide backup for major retail payment services like AliPay and WeChat Pay as its key objective, according to an official at the People’s Bank ofContinue Reading
A Stake.com review shows that quite a number of Bitcoin betters are using their games and books to make a decent amount of winnings — but what about taxes on such things? If you’re a Bitcoin better, do you need to worry about taxes? Like most things regarding taxes andContinue Reading
With the recent sale of a .jpg by digital artist Beeple in a Christie’s auction for $69 million, NFTs have suddenly jumped into the mainstream in a big way. Here’s a history to better put Beeple’s jackpot in context and to help understand where it might go from here. CryptocollectiblesContinue Reading