Time Man Of The Year — Elon Musk And Crypto
2021 saw the world trying to recover from the travails of the COVID pandemic. With most people still working from home, social media became even more important as a hub for interaction and communication, and Elon Musk turned it into his playground. For the last...
What Is Liquidity And How Does It Impact DeFi?
The liquidity of an asset represents the ease with which an investor can convert their assets into cash. That said, the liquidity of DeFi is of utmost importance since the main aim of a trader is to make profits as fast as possible. What Are...
Ethereum Difficulty Bomb Delayed Again Amid Growing Concern About Merge Delay
This is the fourth time Ethereum postponed the difficulty bomb. Core developers have expressed near-universal confidence that Ethereum will complete the Merge by next summer. Meanwhile, they will continue to offer updates during weekly All Core Developers meetings. What is a Difficulty Bomb?The difficulty bomb...
US Senate Classes Cryptocurrency As Equivalent To Cash For Reporting Purposes
The founding principle behind cryptos is that they are unregulated and decentralized. However, the US government is not too concerned about these principles. The existing Generally Accepted Accounting Principles (GAAP) do not directly refer to cryptocurrencies. The main accounting question is this: if cryptocurrencies are...
Social Tokens A New Way For Influencers To Connect With Fans
This guide will take you through these social tokens and why they are rising and inform you how you can tokenize your brand. Read on to find out the outstanding opportunities social tokens have to offer. What are Social Tokens?Social tokens or personal tokens are...
Moons Vs Donuts-Which Reddit Coin Is Best?
As blockchain technology is reshaping the world, many companies are turning to it for many reasons. Some are tapping into its resources to enhance their relations with their clients either socially or economically. Some of the most recent companies to confirm the support of blockchain...
The Demon And Crypto: A Look At Gene Simmons' Booming Cryptocurrency Portfolio
Simmons and his band are famous for their colourful shows from the 70s and 80s, which featured smoking guitars, levitating drum kits, fire breathing, shooting rockets, and pyrotechnics. In truth, marching to the beat of his drum has been the hallmark of Simmon's near 50-year...
Crypto Loans Have Significant Risk Attached — Here's Why
The crypto world is evolving at a breathtaking rate, at almost supersonic speed. Many people delved into confusion when Satoshi Nakamoto created the first blockchain, as folks knew little about it. However, today, people are becoming more comfortable with cryptos and are using them in...
Why Nuclear Power Is The Best Way To Provide Cheap Green Crypto Mining Energy
Such innovations are expanding the crypto market and creating a major change in the current financial structure. However, several challenges in the crypto industry are stirring up debates between enthusiasts, governments, and other shareholders. One of the topics in discussion is the impact of crypto...
ICON – A Complete Overview Of ICX
Most of these Altcoins capitalize on certain limitations of the early cryptos like BTC and ETH. One of such coins is the ICON cryptocurrency, a coin that facilitates the connection and interaction of various blockchain projects. ICON looks to serve as a connection point for...
UK Banks Start Banning Coinbase Transactions Amid Regulatory Concern
Even though several banks globally have managed to include cryptocurrency transactions in their framework, UK banks have been quite reluctant to ban crypto transactions amidst regulatory concerns. For example, UK banks' losses to investment scams rose 42% to 135.1 million Euros in 2020. In particular,...
With ETH Gas Fees So High — Why Isn't Polygon Breaking Out?
In recent months, Ethereum gas fees have hit staggering highs locking some users out of DEX swaps. But as Ethereum remains exceedingly behind schedule with the implementation of ETH 2.0 and a host of other technical upgrades, a host of other platforms termed as "Ethereum...
Coinbase Lists Shiba Inu – Why Aren't Better Cryptos Being Added?
It provides crypto users with market information and descriptions for cryptocurrencies that get traded on its platform. Shiba Inu joined the bandwagon of cryptocurrencies added on the Coinbase platform for trading. The crypto community is wondering why better cryptos are not getting added to Coinbase...
Binance Is Reconstructing To Meet Regulatory Requirements – Will It Work?
Founded in Hong Kong in 2017, Binance has since not had a physical address. Its most crucial focus is on altcoin trading and offers crypto trading in more than 500 crypto coins. In the wake of China's strict crypto regulations, Binance moved its headquarters to...
Crypto Whale Activity Is Huge In 2021 – Why Are They Buying So Much?
According to recent data from Glassnode, based on cluster heuristic, the whale population has been increasing since 2019, after experiencing a decline from 2016. In the five years since 2016, Bitcoin held by whales has been on the decline, falling from a high of 6.7...
ATOM Vs ADA Vs TEZOS – Which Is Best For HODL?
So far, 2021 has indeed been a year of altcoins thanks to Bitcoin's immense rally to an all-time high of $64,863 on 14th April 2021. Despite China's crackdown on cryptocurrencies, altcoins have generally had a bullish run for the better part of the year. In...