Contrary to recent crypto warnings by the Bank of England (BoE), reports claim that a growing number of UK parliamentarians are now invested in the asset class. MP Marcus Fysh had revealed his holdings in Ethereum and Cardano earlier this year. Also, former Downing Street Chief of Staff Dominic Cummings has been a voice forContinue reading “With several MPs interested in crypto, will Bank of England give in to Bitcoin”

Crypto demand skyrocketed as inflation fears grip the market and governments continue to print more money. It is noteworthy that the US inflation picture remains worrying with the rate recently hitting a 13-year high of 5.4%. U.S. Debt Apart from these concerns, the U.S. debt is piling up. In a recent commentary piece, Avik RoyContinue reading “Bitcoin’s ‘potentially serious implications’ on future of investment, global finance”

Equating the early days of the internet with the crypto boom is now just a hackneyed adoption analogy. However, now that it is understood, investors can use it to diversify their portfolios.  Crypto evangelist Chamath Palihapitiya recently called “Bitcoin the most profound iteration of the internet that we’ve seen.” However, this time around it isContinue reading “Crypto and DeFi opportunities are a result of this”

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated withContinue reading “Why investors are not entirely sold on investing in a Bitcoin futures ETF”

Congressman Tom Emmer recently outlined the approach of the Congressional Blockchain Caucus in an interview. It is essentially a group of Republicans and Democrats that aim to formulate policies around crypto, NFTs, DeFi, and gaming by understanding the implications of blockchain technology. Last month, SEC chair Gensler had stated that the regulator needs more power toContinue reading “U.S. Congressman says majority of tokens are ‘a currency or a commodity’”

Low-risk takers largely portion their portfolios around debt and low-risk equity investments. These conservative investors also keep their distance from volatile asset classes like crypto. Additionally, green investors stick to Environmental, Social, and Governance (ESG) compliant investments. However, a recent research found that at least 52 public companies covered by MSCI ESG have exposure toContinue reading “How ‘creeping’ cryptocurrency exposure affects direct and indirect investment”

GameFi was launched as a one-stop hub for blockchain gamers and investors. Many gaming industry insiders equate the game finance ecosystem to DeFi. Kieran Warwick, the co-Founder at gaming platform Illuvium, explained how GameFi will fare against DeFi in a recent podcast. He stated that the addressable market for DeFi is limited by the population.Continue reading “This is why industry insiders are betting on GameFi as future of DeFi”

Ethereum developer, Tim Beiko, recently updated on Twitter that the ETH POS Merge “will be a more complicated upgrade than past ones.” Therefore, he added that they will need some “extra buffer relative to their regular upgrade schedules” as they pushed up the EIP-4345 upgrade. He added, “A lot of the work will be towardsContinue reading “Why Ethereum POS will be a ‘more complicated upgrade’”

Bitcoin, for long, has been scrutinized for the benefits and risks it poses in terms of economic growth, financial system stability, and the welfare of society. While some call it the biggest financial innovation of the fourth industrial revolution, others believe in simply banning it. Banning crypto? Really? Investor Brock Pierce, in a recent interviewContinue reading “Is Bitcoin as the ‘fourth industrial revolution’ a matter of debate”

The Covid-19 pandemic seems to have given a push to the global crypto-ATM market. On the back of greater adoption, the size of the crypto-ATM market is estimated to increase by around 60% through 2030, according to a report by Allied Market Research. The aforementioned report also predicted that the trend seen in 2020 isContinue reading “A 60% growth in crypto-ATMs by 2030, but here’s the caveat”

DeFi seems to be accelerating the next generation of crypto innovation. So much so that in 2021 alone, the DeFi ecosystem was reported to grow by over 20x. A recent report by Chainalysis noted that nine of the 25 biggest cryptocurrency services by transaction volume now offer DeFi protocols. Among these platforms, Uniswap, dydx, andContinue reading “Uniswap, dydx, Compound on the rise, but why are there still questions”

Coinbase has proposed a set of regulatory guidelines as part of its Digital Asset Policy Proposal (dApp). In the same, the exchange has demanded “regulatory certainty for everyone” by calling it the “most dynamic and broad-based periods of American financial innovation.” What has been proposed? On the back of greater crypto-adoption and regulatory uncertainty, theContinue reading “Coinbase releases regulatory proposal demanding ‘certainty for everyone’”