Category: Cryptocurrency

One of the common complaints about Bitcoin and similar cryptocurrencies is the fact that they are unbacked by any assets. Their value is purely in the eye of the holder. If the whole world were to suddenly demand another type of currency, the value of cryptocurrencies would plummet. But in that sense cryptocurrencies really aren’t […]

To many detractors of Bitcoin and other unbacked cryptocurrencies, stablecoins have become the digital currency of choice. Supposedly backed by fiat currency or currency-like assets, stablecoins have been offered as an alternative both to cryptocurrencies like Bitcoin and to conventional fiat currencies like the US dollar. But with the Federal Reserve pushing interest rates back […]

Like the prices of many safe haven assets, cryptocurrency prices have decreased as a result of all the recent market turmoil. With stock markets well off their recent levels, investors and financial institutions across the board have been in a race for cash, looking to sell off assets to boost cash holdings and pay bills, […]

One of the big questions in the cryptocurrency world is how soon governments will create their own cryptocurrencies, digitizing their fiat currencies, or whether they will embrace cryptocurrencies at all. While some countries such as Venezuela have created their own cryptocurrencies for specific purposes such as evading sanctions, and China is reportedly still in the […]

If you thought 2008 saw a huge amount of monetary easing, you haven’t seen anything yet. In the aftermath of the financial crisis, the Fed increased its balance sheet from about $800 billion to nearly $4.5 trillion. But that increase didn’t occur overnight, it took years to build up to that level. What the Federal […]

With the recent turmoil in financial markets, cryptocurrency prices saw much the same roller coaster movements as stocks, gold, and numerous other assets. Those price movements, which included significant bouncebacks from lows, resulted in record traffic and trading volume on numerous cryptocurrency exchanges, proving that not only is there still significant interest in cryptocurrencies, but […]

In recent weeks markets around the world have been going nuts. Stocks have plummeted, safe havens like gold and silver have also dropped, oil continues to sink, and cryptocurrencies are joining them. It seems like investors and savers around the world are eschewing any sort of investment or hard asset and fleeing for the safety […]

Those who want to invest in cryptocurrencies often may not know how to go about doing so. There are undoubtedly many cryptocurrency investors who hit it big in the early days of cryptocurrencies just trading on standard exchanges such as Mt. Gox, keeping their assets in online wallets or stored at exchanges. In the early […]

The fact that Bitcoin, Ethereum, and other cryptocurrencies have suffered big losses in recent days due to the stock market turmoil is a sign that they are becoming real safe haven assets. Yes, you read that right. You might have expected them to increase in value while stock markets were plummeting, but that just isn’t […]