Tag: cryptocurrency

Ethereum Foundation Navigates Leadership Changes Amidst Market Volatility

Ethereum Foundation Navigates Leadership Changes Amidst Market Volatility

Ethereum’s lead was even more formidable at least until recently. Now, rattled by frequent leadership transitions, cratering market performance, and increasing competition, the Agency is beset on all sides. Despite turbulence, Ethereum is the second most popular blockchain after Bitcoin. It is under siege to its dominance by the equally...

5 Reasons Bitcoin Will Thrive as the Dollar Crumbles (You Won't Believe #3!)

5 Reasons Bitcoin Will Thrive as the Dollar Crumbles (You Won't Believe #3!)

The dollar is losing its grip. That’s not hyperbole, that’s the slow burn, the faith eroding confidence, a crisis of confidence caused by misguided policies and uncertainty from all corners of the globe. And even though for some this approach might look like a doomsday scenario, I encourage you to...

Dollar 'Collapse'? Bitcoin's $22T Gold Challenge Explained

Dollar 'Collapse'? Bitcoin's $22T Gold Challenge Explained

The financial world is abuzz with talk of the dollar’s imminent demise. People are excited to understand its uses for other assets, especially for things like Bitcoin. Investors are coming to be more concerned with long-term fiscal sustainability and a possible dollar doomsday scenario. Consequently, more and more people are...

Dollar's Downfall: Weakening U.S. Currency Sparks Market Shifts and Bitcoin Boost

Dollar's Downfall: Weakening U.S. Currency Sparks Market Shifts and Bitcoin Boost

Perhaps the most significant “crisis of confidence” is manifesting itself in the U.S. dollar’s sharp decline in value. This downturn is changing the calculus of the market, impacting asset valuations, and making a more favorable environment for new forms of currency such as Bitcoin. There are good reasons the dollar...

Brazil's Bitcoin Gamble: A Reckless Bet or Prudent Reserve?

Brazil's Bitcoin Gamble: A Reckless Bet or Prudent Reserve?

Méliuz, a Brazilian fintech company, is considering drastically boosting its crypto hoard on the BTC standard. The question is: is this visionary or just plain reckless? It’s easy to get caught up in the crypto craze. They see Bitcoin as a panacea that will cure the world’s economic inflation and...

Dollar's Decline: A Chance for Africa to Build a Bitcoin-Powered Future?

Dollar's Decline: A Chance for Africa to Build a Bitcoin-Powered Future?

It’s not the first time Africa’s economies have danced to the yankee dollar’s musicsheet for decades. Its vigor determined the cost of imports, affected debt loads, and quietly guided the entire continent’s economic destiny. What about when the music begins to play their curtain call? What happens when the conductor...

Bitcoin Whales Know Something You Don't: $100K Is Inevitable

Bitcoin Whales Know Something You Don't: $100K Is Inevitable

Forget the noise. Forget the fear, uncertainty and doubt (FUD) that gets daily dumped on you by the talking heads. The smart money is the one that’s quietly, relentlessly, accumulating Bitcoin. They’re not doing it for the excitement. They know something. They see something. They understand something you might be...

CryptoPunk Seller Admits Guilt in Landmark NFT Tax Evasion Case

CryptoPunk Seller Admits Guilt in Landmark NFT Tax Evasion Case

One of the largest sellers of CryptoPunk NFTs has just pleaded guilty to tax evasion. This is an important precedent first for matters in the newly minted and fast-paced digital asset world. Thomas Carter Wilcox hid more than $13 million in income. Those earnings all came from the sale of...

Bitcoin's $100K Surge: A Chance to Bridge Africa's Financial Gap?

Bitcoin's $100K Surge: A Chance to Bridge Africa's Financial Gap?

Now picture Emily Nkrumah, a dynamic entrepreneur based in Accra, Ghana. Yet as much as she creates beautiful hand-made jewelry, her dreams are suffocated. Her profits are eaten up by crippling bank fees. International payments are a nightmare, and the constantly-changing Cedi (the Ghanaian currency) makes her sleep less than...