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In virtually every single case, the actual value of one Bitcoin is denominated in its fiat currency value. This can be either in US Dollars, Euros, Pound Sterling, or any other local currency. The website FiatMarketCap, however, depicts the prices of said fiat currency in Bitcoin. A very interesting take on this concept, as it … Read more
Digital asset exchange Exmo, a leading crypto trading platform in Eastern Europe, has recently registered a subsidiary in Turkey. The company is setting up an office in Istanbul, the financial capital of the country situated on the Bosphorus. Also read: Lithuania Central Bank’s Policy Update Opens the Door for Crypto Payments Traders Offered Pairs With … Read more
In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U.S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U.S. dollar and peer-to-peer platform Airswap has enabled users to exchange fiat currency for ethereum. There’s also a new development in the Quadrigacx saga – a judge has … Read more
Warnings of an imminent financial crisis are in the media more than ever before. But could such an event be the tipping point that puts Bitcoin and cryptocurrency firmly into the mainstream? Politician and tech entrepreneur Rick Falkvinge says it would be the perfect time to finally convert people to crypto. Also read: Billions Living Under Authoritarian … Read more
Bitfinex has restored the ability of customers to make fiat currency deposits. Details of its new deposit system remain shrouded in secrecy, however, with the exchange going to extraordinary lengths to conceal the identity of the bank(s) in question. Its “distributed” system, designed to circumvent censorship, has brought the critics out in full force. Also … Read more
In the world of cryptocurrency trading, exchanges are the go-to solution to buy and sell assets. Not all exchanges operate on the same level, as can be seen from the number of trading pairs these companies provide. The following six exchanges have relatively few trading pairs, although that doesn’t mean them less popular per se. … Read more
Sweden’s central bank has introduced a controversial new measure that will deter its citizens from saving. The oxymoronic “negative interest” now paid out on tax accounts is technically designed to stimulate the economy. In reality, all it will do is encourage people to spend rather than save, boosting government figures for economic growth while disadvantaging … Read more
The company, founded in Brazil, emerged in 2014 in the digital currency market as an innovative Exchange, working with a platform focused to simplify trades among cryptocurrencies. It is also the first Exchange in Latin America and has announced the opening of an office in Malta which takes with it almost 300 thousand users. The … Read more
Since the inception of cryptocurrency, some critics have dubbed it “just another fiat money.” This has been the wail of anti-crypto combatants. They have succumbed to grasping at straws in order to manufacture any rebuttal against the thing they loathe. It doesn’t matter how valid the argument is so long as it satisfies their desire … Read more
Numerous fiat currencies have failed throughout the centuries, although those developments were influenced by a lot of different reasons. The US Civil War is one of the main culprits for ensuring a lot of currencies failed, although that is not entirely unexpected either. The following currencies met their demise, ordered in order of longevity. #6 … Read more
