Cryptocurrencies

Former US President Donald Trump remains stubbornly opposed to the digital asset ecosystem. In a recent interview, he called cryptocurrencies “a hazardous thing” while showing a strong preference for the US dollar. His stance against the industry puts him in rare agreement with Hillary Clinton, who believes that crypto threatens dollar hegemony. Dollars Over Bitcoin, Says Trump Trump re-established his disdain for cryptocurrency in conversation with Fox anchor Maria Bartiromo on Tuesday. She asked him about his thoughts on the…

Bitcoin has been the flagship cryptocurrency since its inception in 2009. However, several other coins have been gaining traction and making their marks on the market. For instance, some coins have already beaten Bitcoin popularity-wise several times. Also, others have solid use cases and strong communities backing them to succeed. So, can any of them outperform Bitcoin in 2023? 1. Ethereum Ethereum is the second crypto by market cap after Bitcoin and is second in command by popularity. Its story…

The metaverse was once nothing more than a futuristic concept. However, it is now taking shape, and cryptocurrency and blockchain technologies have an integral role in its development. “The metaverse will be the gateway to most digital experiences, a key component of all physical ones, and the next great labor platform,” says Matthew Ball, a renowned venture capitalist. This statement defines the metaverse quite well in a nutshell. However, we still have much more to learn about the next big…

The Chinese Communist Party (CCP) has maintained a hostile relationship with bitcoin and other cryptocurrencies for years now. The leadership in the Asian country considers crypto a threat to its ability to exert overarching influence on individuals' freedoms. Peer-to-peer, distributed networks like Bitcoin offer folks the ability to evade government surveillance and capital controls. They have therefore become the CCP's worst nightmare. The Chinese government has continued to expand the scope of its crypto bans since 2013. That's how it…

Cryptocurrencies have become a global phenomenon in a matter of a decade. As a result, the world experiences a quickly-growing interest and awareness of digital assets. Primarily, it is among the younger generations who have a deeper knowledge and understanding of technology. Therefore, the UAE has positioned itself as a nation eager to accept the latest technological advancements. We have seen significant changes in the crypto treatment in Dubai and the rest of the UAE. The article will focus on these…

The environmental impact of cryptocurrencies has been a significant issue this year. While the problem has always been present, it came into the limelight in 2021. Prominent critics of cryptocurrencies have pointed to the environmental impact they have had for years. Mining has been an incredibly challenging one. But, is there a way that digital assets can be good for the environment? A Very nuanced Issue As we said, it’s not a new issue for people to raise the problems…

2021 has been a relatively good year for crypto. More people want to buy cryptocurrencies. Companies are also expanding quite well. Expansion tales are always good signs. They show that the market is growing and doing quite well. This week, two of the largest crypto exchanges are taking centre stage. Rumours have started to circulate that Binance US and the Gemini Exchange are raising funds. Both companies are reportedly finalizing their fundraising rounds, with both sure of securing the "unicorn" status.…

Early 24th September, Bloomberg, one of the largest online news outlets, released fake news that drove crypto prices down. In the news, Bloomberg said that China's PBC termed all crypto transactions illegal. However, while the memo is available on the PBC website, the central bank originally on 15th September. Bloomberg Reports China's Crypto Bann China continues to add on its unrelenting determination on the crackdown against digital currencies in the country. The People's Bank of China (PBC) takes an aim…

A 2019 statistic showed that a total of 44.9 million immigrants resided in the U.S alone, making up 13.7% of the nation's population at that time. Ideally, immigrants move from one country to another for better job opportunities, improved living standards, family reunification, or even escaping violence.  However, whatever the reason could be for their movement, immigrants encounter significant challenges acquiring basic needs such as financial services. Moreover, lack of proper documentation makes immigrants ineligible for acquiring such services as…