Banks have begun showing an increasing interest in alternative solutions for overseas transfers. A new trial by over a dozen banks will explore the concept of USCs, or utility settlement coins. While this sounds somewhat innovative, one has to wonder how things will play out exactly. So far, it seems […]
Tag: Finance
Top 4 Ways to use Bitcoin and Other Cryptocurrencies in 2019
Despite the obvious appeal cryptocurrencies have to the majority of the community, there are still a lot of people who don’t see the added benefits. While it is evident Bitcoin and altcoins are speculative first and foremost, there are other numerous use cases to look into as well. Even in […]
Top 4 Ways to Long Bitcoin in 2019
As the crazy Bitcoin price action appears to continue unabated, there is a lot of momentum to take advantage of. Many traders are looking to go either long or short on Bitcoin, albeit doing so is not as simple as following one specific strategy. For those who are willing to […]
Top 4 Ways to Cash out Crypto Profits in 2019
Most people are interested in cryptocurrencies as a way to make money. Whether it is an extra income, some minor profits, or a full income as a self-employed trader, the opportunities are nearly limitless. Cashing out crypto profits can often be somewhat more complicated. Several options are at one’s disposal […]
How to Invest in Blockchain Stocks?
Whereas a lot of people are merely interested in speculating on cryptocurrencies, the option to invest in blockchain stocks cannot be overlooked either. It is relatively easy to do so, since it does not involve cryptocurrency exchanges whatsoever. Similar to other investments, blockchain stocks also come with their own advantages, […]
The Four Facets of Wash Trading Explained
As far as financial markets are concerned, there will always be individuals and groups who seek ways to make money in slightly shadier ways. The concept known as wash trading is a great example in this regard. While it is the most obvious form of market manipulation, it is also […]
Bitcoin Reclaims $4,000 as Expert Claims It Will Surpass $20,000 by End of 2019
Bitcoin has fought to trade above $4,000 in December and for the most part, it has succeeded. However, the very crucial support level was breached yesterday as the currency lost 5 percent to drop to $3,830. However, it has since recovered to trade above $4,000. The support level seems quite […]
Ripple vs XRP Explained
In the financial and cryptocurrency industry, there is a lot of confusion regarding Ripple and XRP. Both terms are often used interchangeably, although they signify two very different things altogether. While Ripple and XRP are entwined up to a certain extent, it is important to highlight the important aspects of […]
XRP Price Remains Stuck at $0.5 Despite Wider Integration in the Finance Sector
In the world of cryptocurrencies and digital assets, a lot of interesting things are happening lately. Most of the top markets remain subdued, and XRP is – once again – no exception in this department. The asset continues to struggle for price stability, as $0.5 remains a level of substantial […]
What is XRP?
A lot of people often confuse Ripple with XRP, even though they are entwined up to a certain degree. Ripple is the parent company responsible for developing its native asset and the blockchain technology powering their infrastructure. However, the XRP asset should never be named Ripple, as XRP is its […]
Top 5 Countries With a Higher Money Supply Than Bitcoin
Some people often like to compare the value of all Bitcoins with the monetary supply across different countries. Although the real purpose of such comparisons remains a bit unclear, there are some interesting statistics to keep tabs on. Bitcoin’s money supply is currently ranked 6th in the world, trailing these […]
Top 6 Traditional Hedge Funds Noting a Steep Decline in Managed Assets
Hedge funds are going through a rather rough stage right now. Not just the cryptocurrency service providers, but more traditional offerings are feeling the pressure as well. The following hedge funds – ranked by loss amount – have seen their total valuation plummet significantly over the past few years. #6 […]
Top 4 Popular Bitcoin Trading Strategies You Should Know
In the world of Bitcoin and other cryptocurrencies, trading strategies play an integral role in the process. Even though there are numerous ways to make or lose money in quick succession, some of the common strategies tend to yield the most positive results in the long run. The following strategies […]
Top 6 Failed Fiat Currencies: Discontinued Edition
The list of failed and obsolete fiat currencies is a lot longer than most people would expect. When it comes to obsolete currencies, there are quite a few to choose from. The following examples are ranked in reverse order of longevity, and failed to make any real impact in the […]
Top 6 Failed Fiat Currencies: World War II Edition
Fiat currencies have a far more troubled past than consumers give them credit for. More specifically, some of these currencies have disappeared from the face of the earth in spectacular fashion. World War II, a gruesome and terrible multi-year period, was also responsible for wiping out several currencies. Below are […]
Top 6 Short-Lived Fiat Currencies: Hyperinflation Edition
There is a very strong focus on the potential failure of Bitcoin and other cryptocurrencies. As unlikely as that may seem, there are numerous precedents for failed currencies. The following national government-backed currencies, ranked by reversed longevity, have all failed due to hyperinflation issues. 6. Yugoslav 1994 Dinar As the […]
Northern Trust Enters the Cryptocurrency Industry
Cryptocurrencies are of great appeal to a lot of consumers and corporations. In particular, firms in the financial sector want to enter this market sooner rather than later. Northern Trust, a famous financial services giant, is looking to expand its blockchain and cryptocurrency presence. Northern Trust Makes a Strategic Move […]
Bank of England Prepares to Integrate Blockchain-Based Products and Services
Banks and other financial institutions have never been particularly crypto-friendly. When it comes to blockchain technology, however, the story is very different. The Bank of England is looking to introduce a new payments system which will accommodate future blockchain integration. It’s a positive development for the industry as a whole. […]