Category: Cryptocurrency

The Bitcoin ecosystem has for years been influenced by the large number of Bitcoin “whales.” These large investors are in many cases the first movers who got into Bitcoin when it was still in its early stages, taking advantage of early mining ease and low Bitcoin prices to build up their holdings. Many are the […]

Barely a decade after the introduction of Bitcoin, cryptocurrencies are gaining momentum and really entering the monetary and investment mainstream. You can now use Bitcoin, Litecoin, Ethereum, XRP, and numerous other cryptocurrencies to make purchases at hundreds of online retailers, and even at physical points of sale. You can invest in cryptocurrencies with a cryptocurrency […]

When Facebook first went public with its Libra cryptocurrency project, it was met with widespread disapproval from legislators and regulators around the world. The backlash was severe, with legislators threatening to hold hearings and introduce legislation to stop Libra, regulators expressing skepticism that Libra could comply with existing regulations, and even international organizations piling on […]

China has been beating the drums for a while about trying to create a national digital currency. The People’s Bank of China (PBOC) has proclaimed for months that a digital yuan was imminent. The spread of the coronavirus seems to have delayed those plans for a while, yet it also highlights the fact that in […]

Mass adoption of cryptocurrencies is the end goal that every cryptocurrency enthusiast longs for. Since the development of Bitcoin in 2009, cryptocurrencies have been seen as a fringe concept that only the most technologically savvy can understand. Even today, with Bitcoin and cryptocurrency being familiar terms to an overwhelming majority of the population, only a […]

One of the consistent knocks against Bitcoin, and cryptocurrencies in general, has been their price volatility. On the one hand, volatility to the upside is great for investors who can reap the benefits of huge price rises. But volatility on the downside, and the potential for big losses, is still keeping many investors from investing […]

The $2 trillion stimulus package passed by Congress was supposed to help Americans who lost their jobs to bridge the time between losing their jobs and the time when they find work again once the economy opens up again. But while many are spending their stimulus checks on food, housing, or other expenses, others are […]

While the worldwide coronavirus crisis has put many a project on hold, one that is still in the works is China’s creation of a digital yuan. Many observers expected the digital yuan to have been introduced by now, but the coronavirus lockdown throughout China undoubtedly threw a wrench in those plans. Still, the Chinese central […]

When it comes to investing in cryptocurrencies, the cryptocurrency world is unfortunately still prone to scam artists and hucksters. Just like with any investment, investors need to do their due diligence and research their investments and who they trust their money with, not just relying on a big name and a great reputation. Just look […]

With so much unknown about the coronavirus during its earliest stages, there was a lot of misinformation circling around. But while we know a little more about the virus now, many of the earliest impressions made upon us have stuck. One victim of that is a commodity that many people have come to rely on […]