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Investing in cryptocurrencies can be done in many ways. A lot of users don’t like spending fiat currency directly and tend to look for intermediary solutions. This is where so-called stablecoins come into the picture, as they provide an extra gateway to buy Bitcoin and altcoins. The following four upcoming stablecoins, ranked alphabetically, may have a … Read more
The Satoshi Revolution: A Revolution of Rising Expectations. Section 4: State Versus Society Chapter 9, Part 6 Government is a law factory. It passes laws in the same manner that another type of factory extrudes metal molding…But, whereas a factory which extrudes metal molding is providing a product which is useful to the citizens generally, … Read more
CoinLoan, an Estonia-based startup, has launched a crypto-to-fiat lending platform where cryptocurrency is used as collateral. From now on, crypto-backed loans are available for users all over the world. On CoinLoan, everyone can become a lender or a borrower, on his or her own terms. The platform’s primary objective is to link counteroffers and ensure … Read more
The Philippines is a very intriguing country when it comes to cryptocurrency activity. The nation is home to a growing Bitcoin ecosystem, mainly thanks to the help of the government and various domestic firms. The country’s central bank is now in the process of approving new exchanges, as two more trading platforms have been given … Read more
Cryptocurrency exchanges are an excellent way of converting between fiat currency and cryptocurrency. In most cases, one would expect users to buy cryptocurrency, rather than convert it to cash. For Coinbase, the month of April proved to be very different in this regard. Coinbase’s Outflow of Funds Is Very Real Whenever the going gets tough … Read more
A lot of innovative concepts exist in the world of cryptocurrency. Not all of them will succeed in the long run, yet interesting developments tend to take place quite regularly. The ORCA Alliance, for example, seems to offer conversion from cryptocurrency to fiat currency with no fees or delays. The ORCA Alliance in a Nutshell … Read more
It is evident there is a bright future ahead for companies looking to mix lending with cryptocurrency. So far, few of these efforts have been particularly successful, but there are always exceptions. In the case of ETHLend, the company is looking to expand into the fiat currency industry. It’s a remarkable development, as we hardly ever see a … Read more
For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, … Read more
U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin the thumbs down, joining JP Morgan Chase and Citigroup in seeking to distance itself from cryptocurrency purchases … Read more
Barely a week passes when Tether isn’t in the news. For a so-called stable coin, Tether and its acolyte Bitfinex are at the center of a lot of instability within the cryptoverse. After it emerged over the weekend that Tether had kissed goodbye to its auditor, critics of the opaque company began to wonder whether … Read more
