Search Results for: cryptocurrency

Just How Popular Is Bitcoin in Japan?

After months of heated debate, the Japanese government finally recognised Bitcoin as a legitimate payment method earlier this year on April 1. For a long time following the fall of the Bitcoin exchange service Mt Gox, digital cryptocurrency was a hot topic. It all began in February 2016, when Japan’s …

Read More »

Bitcoin Takes a Major Hit: Alternatives to Invest In for 2017

Bitcoin crash chart major hit

In the past few weeks, the most popular cryptocurrency Bitcoin has been breaking records. This rally has been followed by millions of investors around the world. On May 24th, Bitcoin hit a record high of $2.791.69.  But this rally was over with just a few days later.  On the 29th, …

Read More »

Why There’s a Blockchain Application Just For You

Bitcoin coins in a pile

Blockchain. It’s the perfect database, the savior of the economy and the answer to all of humanity’s ills – or at least, that’s what its advocates will tell you. But how much of the posturing and boasting that surrounds blockchain is actually true? Inevitably, the answer depends on what you …

Read More »

How Blockchain Is Revolutionizing the Banking And Financial Markets

Since its invention in 2008, blockchain technology has depicted, in numerous ways, the positive impact it can have on different sectors. The finance and banking sectors have particularly married well with this technology and still continue to show signs of disrupting the respective traditional industries. What makes blockchain a super …

Read More »

The Consummate Digital Currency Trading Guide

Digital currency trading a.k.a. cryptocurrency comprises Bitcoin and Altcoins. As one of the hottest investment categories on the market, cryptocurrency has captivated the attention of traders around the world. The explosive growth in 2017 alone is reason to stand up and take notice. Weiss Finance trading expert Pearson Montgomery advises …

Read More »

BitCoin seen through the eyes of a central banker

To us, the ECB’s superficial, amusing take on BitCoin was merely a source of (Friday) humor. To others, such as Tuur Demeester, the ECB’s report on “Virtual Currency Schemes” which was merely a confused attempt to validate the Euro by bashing a prototype electronic currency that others have written far more informed articles …

Read More »

Fintech Boom in the United Kingdom Despite Brexit Worries

The ravages of a Brexit have failed to dissuade investors from plowing money into the UK’s burgeoning FinTech sector. Foreign investment levels in the United Kingdom’s FinTech arena are soaring, in spite of the exodus of European Union migrant workers, and lower levels of net migration into the UK. British …

Read More »

Bitcoin: Bridging the political divide

When it comes to politics, the world seems to be getting more and more polarized. Looking at the USA as an example, you can see that in pretty much any national election, the USA now has clear “blue” and “red” states, in a manner that would have been simply unimaginable even …

Read More »

Russia seeking to ban Bitcoin and other surrogate currencies

Russia building flag

It may soon be against the law for Russians to possess Bitcoin (BTC) or other digital currencies. Legislation put forward by Russia’s Ministry of Finance would ban all digital currencies and impose a range of financial penalties on individuals and companies caught creating, generating, or using “quasi-money.” Websites associated with the digital currency market …

Read More »

Bitcoin and Gold’s First Kiss

The performance of Bitcoin in the last few years has made the once easily-dismissed digital currency a serious contender in the financial markets, even for those who don’t understand the basis for its value. While the concept may still be difficult to grasp (the cryptocurrency is notoriously difficult to explain …

Read More »

Three signs the entire system is changing right now

China CIPS Putin Russia Bitcoin Credit Card

When I was a kid growing up in the early 80s, the United States was the undisputed dominant superpower in the world. The US dollar was awe-inspiring; on a trade-weighted basis, the dollar index was at an all-time high, and had never been as strong ever before… or since. And …

Read More »

Treating bitcoin as an investment

When bitcoin first emerged, it did so as a digital currency. Supporters of the new venture were convinced that it would supplant fiat currency and become the new normal, used in day-to-day transactions and as a storage of wealth simultaneously. Even now, bitcoin is commonly defined as a “digital currency,” …

Read More »

Gold Trending Bullish as Disaster Looms

In an ominous turn of events, Hurricane Irma rapidly gathered momentum to become a Category 5 storm with raging winds in the region of 185 mph. As it bears down on the Florida coast line, the US is bracing for maximum impact. This Act of God has the capacity to …

Read More »

4 ways to reach financial independence

Simply put, financial independence is defined as having enough wealth to sustain your lifestyle for the foreseeable future. You can achieve financial independence by having enough saved up to last you a lifetime or by having sufficient passive income streams to support you. In this post, we’ve highlighted the four …

Read More »

Steve Keen: “Can we avoid another financial crisis?”

Steve Keen Can we avoid another financial crisis

Economic theory is like a layer cake: Explanations within one layer make sense, but once you move to another layer, they no longer apply. Economist Steve Keen‘s new book “Can We Avoid Another Financial Crisis?” is an illustrative example. The good news is that Keen accurately describes the current economic …

Read More »