Income

Could a Digital Dollar Bolster the US Economy?

Economies all around the world are facing roadblocks in the form of escalating national debts and threats of inflation, but a digital dollar may be a saving grace for the U.S.Sponsored Sponsored Macroeconomics expert and Soundwise founder, Natasha Che, has postulated why a Federal Reserve-issued digital USD token could change the fate of America. In a lengthy tweet on Aug 3, the author stated that the U.S.’s largest export is its currency, the dollar. It’s currently the biggest money network in the world, used for 40-50% of global trade settlement

Institutional investors — the future of crypto is in their hands. Or is it not?

Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

The Effect of Coronavirus on the Cryptocurrency Market

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of

Fundamentally Strongest Crypto Projects in 2020

There are numerous new promising cryptocurrency projects coming out every year. Some of them die quickly either because they offer nothing innovative to the cryptocurrency industry or a myriad of other reasons. However, some manage to thrive, lingering around long enough to grow through the ranks and eventually become staples of the industry. In this article, we will take a look at four projects which due to their strong fundamental basis and value added, could eventually become mainstays in the crypto industry. Elrond (EGLD) Elrond is a blockchain that sports

The Bitcoin Family Cashes in on Branding & BTC’s Latest Rally

It’s been roughly four years since the Bitcoin family went all-in on the alpha cryptocurrency. But it’s not just the latest price surge that’s bringing home the bacon. Didi Taihuttu, his wife, and three children spoke with Dutch news from the Algarve in Portugal, the latest stop in his worldwide adventure. The Dutchman accumulated the bulk of his bitcoin in early 2017 around $900, a move that paid off handsomely in retrospect. Despite a two-year lull in prices, the family managed to live off of their profits and even accumulated

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Kraken, the online cryptocurrency exchange, has announced that it has enabled the ability for its users to stake ETH via the new ETH 2.0 Beacon Chain directly on the exchange. As far as major cryptocurrency exchanges go, Kraken appears to be one of the first to announce the opportunity for its users. At press time, Kraken had recently enabled the staking ability, marking a major step in the continued growth of ETH 2.0. A Win for the “Small” ETH Holder Kraken will be allowing ETH users of all sizes to

$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth

The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday. Speaking to Cointelegraph, Synthetix (SNX) founder and CEO, Kain Warwick warned that high fees were impacting the growth of DeFi, stating:“In the last three months, we’ve gone from an environment where DeFi was expensive to use and a little bit slow, to now, [where] for a lot of people it’s prohibitively expensive.”Ethereum fees have spiked nearly 100% over the past 24

Bitcoin and Stocks Take a Breather

Can’t we all just get along? Over the last few days, tribalism in the crypto community has reached a new peak. Luckily, there are still many in our growing industry with a level head. The calls for an audit of the Ethereum blockchain have been growing, particularly from the bitcoin maximalists, who have long felt that bitcoin needs no counterparts in the crypto realm, nor should there be any competition for the throne. The issue arose after some posted a simple question, asking how many ETH there are in the