Central banks all over the world want to digitize existing fiat currencies. A digital Euro has been rumored for some time now, and it seems that this asset is effectively being used in the real world already. For some time now, there have been ample rumors regarding CBDCs. The Digital […]
Tag: Finance
Coronavirus Pandemic Results in First State Bank Failure
The coronavirus crisis continues to make its mark on the financial sector. It was a matter of time until the first bank failed because of it, which has now happened in West Virginia. Most people seem to ignore how the global financial system has been broken for many years now. […]
5 Simple Tips for How to Invest in Stocks
Contrary to popular belief, it’s not that difficult to find and buy stocks. The difficult part comes when it’s time to choose well-performing companies that have been winning on a consistent basis. This requires a special set of skills, the absence of which leaves you searching for stock tips, just […]
Monopoly Shows why the Recent Fed Measures Can’t Work in the Long Term
Recent actions by the Federal Reserve leave many people wondering what the future will bring. One thing is certain: banks will never officially run out of money, which is something Monopoly would’ve taught everyone. Injecting more liquidity into an economy is not something to be taken lightly. Monopoly Explains how […]
CME Continues to Showcase its Appreciation for Bitcoin
Most financial institutions have willingly ignored Bitcoin and similar currencies for years. In 2020, most of these banks are suddenly jumping on the bandwagon as if there is no tomorrow. CME Group has been on the fence about Bitcoin for a while. CME is Warming up to Bitcoin Albeit the […]
Apple Takes Offense to Users Accessing DApps Through the App Store
Technology giants can make or break the cryptocurrency ecosystem. For reasons unknown, Apple is not necessarily intent on playing fair. It appears that Apple takes offense to how Coinbase provides a DApp browser. Another Curious Apple Development Accessing decentralized applications is crucial to the survival of most alternate cryptocurrencies. Coinbase, […]
Cryptocurrency Funds are Still in an Awkward State in 2019
It has not been a good year for cryptocurrency funds, depending on how one interprets the new reports coming out. From a longevity point of view, the current statistics are borderline alarming. The State of Cryptocurrency Funds in 2019 Several dozen crypto funds have shut down throughout 2019, primarily due […]
Blast Rewards Gamers With Savings and Money
Video games have gotten a bit of a bad reputation over the years. Solutions such as Blast might change that narrative, as it comes gaming with finances in a rather intriguing manner. Most gaming enthusiasts would love to make money by playing their favorite video games. To this date, that […]
Financial Inequality Makes a Green Diet Impossible for 20% of the Earth’s Population
Whereas climate scientists want more people to eat greener, that vision might not be viable. The cheapest way of living on a green diet is still too expensive for 20% of the world’s population. It is well-known how most humans are actively contributing to the climate change problems through their […]
Mark Cuban Remains Semi-Hostile Toward Bitcoin in 2019
The Bitcoin industry is appealing to a lot of people. Others dislike this currency from day one and don’t shy away from expressing their opinion. Mark Cuban is one of the individuals who doesn’t see much merit in Bitcoin. In fact, he considered bananas to be more useful now or […]
Bank of England Governor:” The US Dollar Needs to be Replaced Soon’
Facebook’s Libra project is getting a lot of flack. The happy-go-lucky attitude associated with this project continues to raise eyebrows. Despite some major critiques, the concept still holds merit to some. The Bank of England’s Mark Corney wants to see the US Dollar replaced. In fact, he claims the Libra […]
4 Things You Can’t Buy or Have With an Apple Card
Innovative ventures in the financial industry often come with a caveat. The newly announced Apple Card is no different, even though consumers might have expected more from the technology giant’s credit card. A lot of products and services cannot be purchased with this new card, which creates a very interesting […]
PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings
These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. South Africa’s PayFast is the latest company to do so, as they experience major problems with Bitcoin’s […]
Here’s why Margin Trading can Cost you an Arm and a Leg
In the cryptocurrency world, most people are in it to make money. Although some users will say they believe in the technology, they represent a minority among the current community base. When trying to make money with Bitcoin and select altcoins, margin trading becomes a very appealing option. However, there […]
Top 3 Telltale Signs a new Global Recession is Coming Soon
While many people tend to ignore the warning signs starting them in the face, there is no denying there will be another major financial recession in the near future. In fact, it seems this downfall will occur sooner rather than later. Several indicators are aligning in a rather negative manner, […]
4 Shocking Financial Market Changes Sparked by a Donald Trump Tweet
In the financial world, different markets are correlated more tightly than most people anticipate. It is also evident how one single individual can effectively influence markets to move in certain directions, either knowingly or by accident. When President Trump Tweets weird stuff, the markets do indeed respond in mysterious ways. […]
5 Statements Confirming the Media Still Doesn’t Understand Bitcoin
It is a well-known fact mainstream media outlets seemingly have a love-hate relationship with Bitcoin and other cryptocurrencies. Some say this is due to ignorance, whereas others see it as blatant fear mongering. Regardless of which explanation fits the narrative, the recent opinions by Jonathan Trugman are quite interesting in […]
Gold Price Rises Strongly as Bitcoin Value Shows Bullish Momentum
A lot of things are happening in the world of finance which seemingly go by unnoticed. One of the biggest developments this week is how the price of gold – per troy ounce – has skyrocketed over the past few days. Finding the exact reason for this sudden spark of […]