Bitcoin and cryptocurrencies emerged as the alternative investment method, during the last decade the crypto assets soared to their peak values especially Bitcoin which is the uncontroversial leader in the crypto world climbed from $100 in 2013 to nearly $40,000 in 2021 the total market value of the cryptocurrency market is now close to $1.7 trillion.
Cryptocurrencies have become the tool to generate rapid income and thousand of users already made millions in cryptocurrencies but after the regulation concerns and implementation of taxes on cryptocurrency the overall situation in the crypto market is increasingly nervous about the global crackdown on…
Despite Bitcoin, uncontroversial dominance over the crypto world decentralized finance (Defi) has achieved unprecedented growth over the past years since the 2020 Defi total lock-in-value continuously increasing and it is estimated that now its exceeded $46 billion dollars, Defi world constantly attracting users for its variety of services including mining and aggregate income.
Defi stands on the ideas of decentralization and automated market maker (AMM) both are not technically complex but rather new to the traditional financial world, decentralization is the focal point for the entire Defi world and without this the entire ecosystem is useless, it refers to the…
In our beautiful world, the most successful investor is Mr. Buffett who has achieved a compound annual growth of 20% in the past half a century and is regarded as a stock god by investors. According to history, Mr. Buffett’s holdings are Father’s “heart meat” Coca-Cola and American Express for more than 30 years.
Currently, in our crypto world, thousands of cryptocurrencies emerged one after another, and more will emerge in the future, which one is survived or destined for short-lived its depend on the technology stack as well as the support of the community, how should you choose the…
After Bitcoin, Ethereum gained a lot of attention and became the second-largest cryptocurrency and first complete ecosystem, the network established a global scale verifiable settlement system that is protected and supported by the most powerful distributed computing network, the Ethereum network ensures a high degree of confidence that applications running on the network according to the logic of the code without utilizing third parties interference, it is an environment that guaranteed 100% trust on the anonymity of transactions which prerequisite for a distributed system.
Ethereum completely changes the idea of Satoshi Nakamoto, who believes that the supply of currency should…
After the news came from Germany that more than $400 billion would likely end up in various crypto projects, the Bitcoin bull get another time a new frontier, the current market condition marked as the largest short squeeze in Bitcoin history it is the first time that in just a few hours more than $1 billion in short positions were closed.
According to Bloomberg, a new law has been passed in Germany which allow German special funds to legally invest 20% of their holding into crypto assets, the law will take effect on 2 August 2021, because of this law…
A Stablecoin, in an encrypted world, is an asset with a stable market value that is mainly linked to the U.S. dollar, everyone is familiar with USDT which is basically a Stablecoin. The coin was launched by Tether anchored to the U.S. dollar. 1 USDT = 1 U.S. dollar and users can use USDT to exchange 1:1 with U.S. dollars at any time.
There are also other Stablecoins issued by other organizations such as TUSD, GUSD, DAI, and etc, most of these Stablecoins anchored to the U.S. dollar. The advantage with Stablecoin is not only digital encryption but users hedge…
Bitcoin and cryptocurrencies are always considered dangerous investments by top banks around the world in some top European banks buying crypto, talking, or sharing on social media are completely prohibited if the employees or agents of banks have crypto assets then they must sell crypto assets before the end of this year.
The Deutsche bank who was accused of cryptocurrencies as Ponzi schemes now facing the lawsuit that the bank was willfully or in ignorance defrauded investors for at least six years, according to suit bank continuously maintain two accounts related to two companies involved in money laundering even after…
There are many people in the encrypted world who rumored that sooner Amazon start accepting Bitcoin as the method of payment, however, this giant entry has not been confirmed yet but the Bitcoin network take it seriously, Bitcoin (XBT) climbed to a six-week high of nearly $39,043, according to coinbase data Bitcoin surged by more than 14% in the past 24 hours
City AM, a London-based financial newspaper reported that Amazon has a series of specific plans to accept Bitcoin as a payment method followed by other popular cryptocurrencies such as Ethereum it is also reported that these plans came…
The blockchain was first proposed by Satoshi Nakamoto after the 2009 financial crisis. Blockchain has contained the features such as point-to-point network, distributed timestamp server, the independent and distributed management of the blockchain ledger. Bitcoin is the first innovative currency system that addresses the repeated consumption problem.
Blockchain refers to the chain of blocks or a permanent link between blocks, the link is attached with some cryptographic method, the complete chain consists of thousands or millions of blocks and each block contains the information within a specific period of time, only digital signatures are used to verify the true identity…
Why Gold is Valuable?
Historically, Gold not only possesses the attributes of currency but also has the properties for hedging. From past to present Gold is believed to be a relatively common and safe method for investment. As a valuable asset Gold is recognized by every country in the world and used as collateral to print money.
Gold is a rare metal, and gold reserves are scarce, and it has become a symbol of wealth used by nations to prove rich. …
