What We’ve Read Today…

How did Dogecoin go from a joke to a cryptocurrency? Eugene Chygyryn Writer at Cryptocurrencies (2014–present) Dogecoin (DOGE) is a cryptocurrency like Bitcoin or Ethereum, although it is a quite different animal than either of these popular coins. The joke currency named after the Shiba Inu meme has risen by jaw-dropping 13444.6% during a year. Its price doesContinue reading “What We’ve Read Today…”

Everything You Need to Know About NFTs—the Crypto Art Selling for Millions

Anna Grace Lee Here is a riddle: What features a naked former president lying prostrate in the grass, cannot be touched, or held in your hands, is free to download for anyone with an internet connection, and costs millions of dollars? Answer: the digital artist Beeple’s NFT piece, “CROSSROAD” which recently sold for $6.6 million, making history asContinue reading “Everything You Need to Know About NFTs—the Crypto Art Selling for Millions”

What I’ve Read Today…

Why, to one strategist, bitcoin is worth $120,000 Steve Goldstein The debate around the value of cryptocurrencies, and bitcoin, continues in financial markets as leading institutional investors debate its role in portfolios. One strategist with an optimistic take on bitcoin’s value is Dhaval Joshi, chief strategist for BCA Research’s Counterpoint product. He shared questions fromContinue reading “What I’ve Read Today…”

What I’ve Read Today!

A Day to Be Thankful for Bitcoin My last two posts cast doubt on bitcoin’s near-term prospects as a payment system for everyday and even big-ticket purchases. Today brings a haunting reminder of why it is valued, nonetheless. Eighty-eight years ago, U.S. President Franklin D. Roosevelt signed executive order 6102, which forbade the “hoarding” of gold. If I were smarter,Continue reading “What I’ve Read Today!”

UK Crypto Companies Now Have to Submit Financial Crime Reports

The new FCA policy will see the number of companies required to submit financial crime reports increase from 2,500 to 7,000. Jamie Crawley Mar 31, 2021 A new policy statement from the U.K. Financial Conduct Authority (FCA) on Wednesday includes crypto companies on the list of businesses required to submit a financial crime report. BusinessesContinue reading “UK Crypto Companies Now Have to Submit Financial Crime Reports”

What is the investment case for Ethereum?

For the sake of answering this question I will not agonize over how many tokens are in circulation but instead focus on what gives Ether value. It is a fact that the laws of supply and demand are what determine the price of any cryptocurrency. Supply Ether is not “hard capped” like Bitcoin, but itContinue reading “What is the investment case for Ethereum?”

Dubai Financial Services Authority Seeks Feedback on Security Token Regulations

The DFSA said it is giving the public 30 days to comment. The Dubai Financial Services Authority (DFSA) has requested feedback on its proposed regulations of security tokens, including derivatives. In an announcement made on Monday, the DFSA said it has published its framework for regulating the space and is giving the public 30 days to comment.Continue reading “Dubai Financial Services Authority Seeks Feedback on Security Token Regulations”

Crypto Slangs to Know Before You Buy Bitcoin

Crypto Slangs to Know Before You Buy Bitcoin: Before venturing into any industry, it is especially important to conduct proper research which also includes understanding the basic terminologies. Knowing the slang words used in a niche should be the first step for any newbie looking to delve into that niche. The crypto industry is notContinue reading “Crypto Slangs to Know Before You Buy Bitcoin”

THE RISING POPULARITY OF BITCOIN IN SOUTH AFRICA

A combination of factors makes South Africa a notable hotbed for embraced Bitcoin adoption, even among a region that has embraced BTC. South Africa is, without doubt, one of the most advanced countries in Africa — if not the most advanced. The South African country has also become a popular hotbed for the digital currency market. InContinue reading “THE RISING POPULARITY OF BITCOIN IN SOUTH AFRICA”

From #EndSARS to #LekkiTollGate: The rise of cryptocurrency in Nigeria

Isaac Anyaogu & Frank Eleanya The EndSARS protests which erupted in October over police brutality was different from any other in Nigeria, largely because the movement had no central leadership, could fundraise bypassing even banks and could organize on social media with a savviness that eludes government officials. The protesters had always relied on the local currency, Naira toContinue reading “From #EndSARS to #LekkiTollGate: The rise of cryptocurrency in Nigeria”