With the emergence of a global digital economy, the use of cash has tumbled over the years and people across the world have gradually started accustoming themselves to digital money. Interestingly, Norway has the lowest physical cash use in the world and less than 4 percent of spending in the country was made via cashContinue reading “Norway: Deputy Governor dismisses likelihood of cryptos replacing banks, kroner”

The long-fought Bitcoin energy debate resurfaced afresh on late Wednesday after Tesla CEO Elon Musk announced that his company had suspended vehicle purchases using Bitcoin owing to concerns over its energy consumption. As expected, many prominent leaders from the community were quick to quash Musk’s notion, asserting that Bitcoin mining did not pose a threatContinue reading “Why there might be more to Tesla’s suspension of Bitcoin payments”

The SEC v. Ripple battle has prolonged itself for more than five months now, yet there are no signs of it concluding. The lawsuit further unfolded on Thursday after Ripple filed its Memorandum of Law in opposition to SEC’s “lack of due process” and “fair notice” criticism. The regulatory watchdog has also accused Ripple LabsContinue reading “XRP lawsuit update: Ripple opposes SEC’s motion to strike citing ‘cherry-picked facts’”

DOGE’s altseason might have come to an end a few days ago on the back of Elon Musk’s lukewarm SNL appearance, but other alts such as Ethereum, Cardano, and Ethereum Classic (ETC) continue to fare well, with each of these alts discouraging their markets from entering the red zone.  Dogecoin At press time, the globalContinue reading “Cardano, Dogecoin, Ethereum Classic stand to gain from this happening to Bitcoin”

26 April 2011 marked the disappearance of Bitcoin’s fabled Satoshi Nakamoto. Centralized financial systems provoked Nakamoto to develop an alternative “self-sustaining” financial landscape. However, if Nakamoto had continued to exist in the crypto-ecosystem, would Bitcoin be as decentralized as it is today? Or would have “dictator” Satoshi taken complete charge and made it a 2.0Continue reading “Bitcoin: The three mistakes of Satoshi Nakamoto”

In light of the decelerating uptrend of the altcoin markets, fun/meme tokens like Dogelon Mars, Australian Safe Shepherd, Pig Finance, and Shiba Inu have gained a lot of momentum of late, with each managing to shift traders’ attention towards them.  The Shiba Inu token, viewed as Dogecoin’s rival, has already hyped up its investors byContinue reading “Shiba Inu, Dogelon Mars, Pig Finance: Is this stage an entry point?”

On the back of Vitalik Buterin’s unanticipated move and Tesla dumping BTC payments, global crypto markets fell by almost 10% in the early hours of Thursday. While Bitcoin’s consolidatory phase has expanded itself, altcoins such as EOS and XTZ have fared considerably well over the past few days. Commenting on the state of the globalContinue reading “What does the market dip mean for EOS and Tezos?”

Corrections over the last 24 hours notwithstanding, Litecoin, the silver to Bitcoin’s gold, has been consolidating its position in investors’ portfolios for quite some time now. After oscillating in the $40 to $60 price bracket for a few months in 2020, Litecoin managed to break its monotonous trend and gradually picked up momentum on theContinue reading “Why ‘it’s only a matter of time’ before Litecoin does this”

Betting on an uncertain outcome in the future is always risky, and that very risk is unavoidable when you’re trading. Tech entrepreneur and Bitcoin advocate Andreas Antonopoulos recently took YouTube to decrypt and analyze the five categories of risk affiliated with Decentralized Finance.  Highlighting the risk of the financial instrument itself, he said, “It isContinue reading “Everything you need to know about the 5 categories of risk associated with DeFi”

Elon Musk, CEO of Tesla, sent Dogecoin’s price on a roller-coaster ride. In fact, Musk’s appearance on SNL created hype for the meme-coin; however, the coin’s price plunged south that day. Musk humorously called the memecoin a “hustle” on SNL. Right after the show ended, the coin dipped by more than 20 percent, until itContinue reading “Can Elon Musk’s ‘damage control’ measures help revive Dogecoin’s price?”

With new developments and upgrades taking place on a daily basis, it would not be an over-exaggeration to state that the DeFi space is exploding. Technology, however, comes with its own risks. Netherland’s ING Bank recently released a paper that analyzed the opportunities and risks associated with DeFi.  The authors looked into how “Centralised institutionsContinue reading “Bitcoin advocate: One of the big benefits of DeFi, as we see in Ethereum, is…’”

Ethereum’s price had risen by more than 24 percent when compared to last week. At press time, the coin was trading well above the $3900 mark, having registered an ATH above 4000 a day ago. The largest alt’s market cap was also over $4 billion – another record it recently inscribed. Highlighting the position ETHContinue reading “Why many ‘investors consider Ethereum a proxy for the altcoin market’”