Back in 2012, the FBI defined Bitcoin as a decentralized peer-to-peer network-based virtual currency. But even though Bitcoin is undoubtedly p2p, network-based, and virtual, there had been varying opinions on just how decentralized it actually is.
Many crypto-enthusiasts anticipate the advent of large investors to make Bitcoin price grow rapidly and pull the whole market along with it. Galaxy Digital’s Mike Novogratz believes that Bitcoin will soon pass the $20,000 mark, chiefly driven by the regulated exchanges aimed at professional market participants.
This is an article written for general educational purposes. It is not investment advice and shall not be construed as such. Back in 2013, user GameKyuubi created a thread called I AM HODLING. The forum users took a liking to the typo and thus the name for a fundamental investment strategy was born.
Russian Central Bank has approved the digital platform of Norilsk Nickel for trading tokens backed by commodities. On February 17, the Central Bank confirmed that the platform’s testing was successfully completed. It took place in the regulator’s own “sandbox.”
On February 12th, Treasury Secretary Steven Mnuchin said that the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is going to release new cryptocurrency regulations with “significant new requirements” regarding crypto.
The beginning of 2020 had a lot for central bank digital currencies. China is seemingly ready to test its own digital cash system, while Western countries are getting on with their research and considerations about CBDCs.
Lending is named the most profitable sector of the crypto-industry by return on investment. The niche keeps attracting capital and is expected to grow further in 2020. Akin to DeFi in general, the niche holds a lot of promise, but there is the other side to consider.
One of the high-profile deals in the financial market in January 2020 was the purchase of the Plaid fintech startup for $5.3 billion by the Visa payment system.
There are certain polarizing topics in the cryptocurrency community: which of Bitcoin forks is the true Bitcoin, what consensus algorithms are really viable, what coins will dominate the markets of the future.
Digix, the project behind the first gold-backed stablecoin, stood at the inception of the modern asset-backed token model. Being one of the older and most successful projects within the Ethereum ecosystem, it was also one of the precious few that managed to build and maintain a robust DAO infrastructure. Which is, as of recently, a […]
Some people in the crypto-community expect mass adoption to come with big players from traditional markets. Some see it coming along the growing set of real use cases for crypto, certain regulatory initiatives, or particularly ambitious projects.
There is a little bit of confusion when it comes to cryptocurrency users, crypto-anarchists and cypherpunks. Are these terms even closely connected these days? What do the old school crypto-anarchists think about the situation the crypto-industry has found itself in? Do they still stick with Bitcoin and what they think about other big global trends? […]