Will Amazon’s Digital Currency Lead the Way to Crypto Adoption?

Will Amazon’s Digital Currency Lead the Way to Crypto Adoption?

Amazon has announced plans for its own digital currency, according to various news reports. Though the project is not a blockchain-based cryptocurrency, the decision could potentially lead the way to crypto adoption in the future. Here’s why. Amazon Has Hired a Regulatory Team According to the U.K. newspaper The Telegraph, Amazon has recently recruited six regulatory specialists form the the Financial Conduct Authority (FCA). Based on recent job postings from Amazon, those experts were hired…

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Bitcoin’s Influence on Traditional Financial Markets

Bitcoin’s Influence on Traditional Financial Markets

Bitcoin was founded in early 2009 by an anonymous individual or group of individuals using the pseudonym Satoshi Nakamoto. It was initially mostly used for online gambling and received little coverage. However, now we see the increased popularity of virtual currency and the financial sector is trying to implement it in many different services and the growing demand actually works at its advantage.  Advantages of Using Bitcoin  Bitcoin is a decentralized digital asset, which means…

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Bitcoin Price Finds Support for $60k Push, Analyst Sees LTC Rally, BAKE, FTM, May. 3

Bitcoin Price Finds Support for $60k Push, Analyst Sees LTC Rally, BAKE, FTM, May. 3

BTC Bitcoin price gains have continued over the last week as the coin cements the support around the $50k level. There was a risk of further selling, but the bulls have kept the uptrend intact for now.  One reason for the recent gains in BTC was another options expiration on Friday and this one was for $4.2 billion. Bearish options traders have obviously been moving along the expiry dates with large bets and when the…

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Who Was Satoshi Nakamoto? Speculation Ten Years After His Disappearance

Who Was Satoshi Nakamoto? Speculation Ten Years After His Disappearance

April 2021 marks the tenth anniversary of Bitcoin creator Satoshi Nakamoto’s disappearance, an event that passed control of the blockchain to its community. Nakamoto sent his last message to other developers in 2011. Among those is a note that reads: “I’ve moved on to other things. It’s in good hands with Gavin and everyone.” That message refers to Gavin Andresen, one of the earliest Bitcoin developers. In the ten years that followed, the crypto community…

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Is Trading Cryptocurrencies the Same as Online Gambling?

Is Trading Cryptocurrencies the Same as Online Gambling?

Although many people still do not know all the crypto market’s intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some aspects connected with Bitcoin and other cryptocurrencies make it look more like an investment or gambling. Here is what you need to know about this mysterious connection between crypto, gambling and the main differences between them. How Cryptocurrencies Are…

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Ethereum Aims for the Highs Again, SOL Shines Bright, CELO, Apr. 26

Ethereum Aims for the Highs Again, SOL Shines Bright, CELO, Apr. 26

ETH ETH Price Index The Ethereum price has bounced from last week’s selling and is now aiming at the highs once more.  The number two coin in the crypto market now has a market cap of $290 billion and hit another new record high last week even as Bitcoin struggled. The announcement of more institutional investment products for ETH has boosted the coin and investors are looking outside of BTC after the recent gains, but…

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Things You Need to know About Decentralized Finance

Things You Need to know About Decentralized Finance

So what is DeFi exactly? Will this be just a passing trend or will ignite a “new revolution” in the global market? All will be revealed in the following article. So let’s dive in! What Exactly Is DeFi? DeFi stands for Decentralized Finance. This is the term used to refer to financial applications built on Blockchain. Currently, Ethereum is the platform with the most active DeFi applications. However, this is not the only Blockchain –…

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Crypto Exchange IPOs: Will Coinbase’s Stock Market Listing Set a Trend?

Crypto Exchange IPOs: Will Coinbase’s Stock Market Listing Set a Trend?

The popular U.S.-based cryptocurrency exchange Coinbase successfully ran its IPO last week, becoming one of the first crypto companies to do so. Its success means that other crypto exchanges could follow suit. Here are the stances of various exchanges. Coinbase Coinbase carried out its IPO on Wednesday, April 15. On that day the company’s Class A Common Stock was listed on Nasdaq under the ticker “COIN.” Before the IPO began, Nasdaq gave Coinbase a reference…

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Bitcoin Hits a Record Before Slump, DOGE Surges 400%, CBDC, WAX, April 19th

Bitcoin Hits a Record Before Slump, DOGE Surges 400%, CBDC, WAX, April 19th

BTC The Bitcoin price had a rollercoaster week after moving to new all-time highs around the $65,000 level on Tuesday, before seeing a big sell-off on Sunday. BTC Price Index BTC had been drifting lower from the highs and was looking to test the $60,000 mark again when a large bout of selling in thin Asian markets liquidated $10bn worth of BTC longs. Cryptocurrency derivatives exchanges saw the forced closure of the positions on Sunday,…

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The Six Most Significant Challenges in Forex Trading

The Six Most Significant Challenges in Forex Trading

You have to overcome many barriers to reach your target. If you observe the percentage of failing and winning, you will found that majority of the traders fail to stay in this market and lose huge money. However, that doesn’t mean that it is impossible to be a winner in trading. If you try utmost and do not fall into the trap of greed and fear, you will get good outcomes. In Forex, newcomers face…

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