Silver

4 Things That Could Cause the DeFi Bubble to Pop

The DeFi market is growing at an exponential rate. Here are 4 things that could pop the bubble. The market for decentralized finance (DeFi) solutions has skyrocketed in the past four months as investors are happy to stake their cryptocurrency in various lending protocols to earn astronomically high returns. Back in March this year, the […]

Russia issues landmark digital currency-backed loan

Expobank, the former Russian subsidiary of Barclays, has issued a digital currency collateral loan to Russian entrepreneur and tax consultant Mikhail Uspensk. Uspenk bought Waves tokens (WAVES) in 2018 during their ICO but quickly learned that his WAVES were useless. Therefore, he decided to use his WAVES as collateral for a loan he has taken […]

Analysts Warn of Turbulent “Dog Days” of Summer; Will Bitcoin’s Rally Survive?

Bitcoin has found itself once again the talk of the finance world, even stealing some of the luster from the gold rally. And although August is normally a slow month for markets, analysts are warning of an especially turbulent summer.  With the dog days of summer ahead, and continued economic shakeup, can Bitcoin’s recent bull […]

Russia Legalizes Crypto, Citadel Securities Fine, LINK: Editor’s Pick

In a relatively quiet week in the newsroom, here are the standout stories from the worlds of forex, fintech, and crypto, in our best of the week segment. Russia Legalizes Cryptocurrencies Terming Them Property In a bold move that dominated the crypto news this week, The Russian State Duma has passed a bill on Wednesday legalizing cryptocurrencies in […]

Lithuania Launches Its First-Ever Cryptocurrency LBCOIN

The Bank of Lithuania has launched its collectors’ coin utilizing the blockchain network of NEM. Although it’s aimed for collectors’ value, it could be the bank’s path towards launching a CBDC. The Bank of Lithuania has officially launched its blockchain-based digital collector coin called LBCOIN. Although bank officials clarified that it’s not a CBDC, they […]

Is gold and silver the next bitcoin for millennials? This could be revolutionary

What the gold sector has needed for years is generalist interest in the space, and one demographic in particular that has shied away from the sector is now showing unprecedented interest, according to Lobo Tiggre, principal analyst of the Independent Speculator. “Young people today understand that there is a risk in calling something money that […]

Lithuania Issuing the First CBDC Dubbed LBCOIN, Pre-sale Next Week

In this trial of the state-backed digital currency in everyday use, 24,000 LBCOIN attached with a portrait of people who signed Lithuania’s declaration of independence will be issued in the eurozone. The latest country to not just jump on the central bank digital currency bandwagon but the first one to issue the first such digital […]

Ethereum’s Vitalik Buterin Thinks It May Take Another 2 Years Before BTC Peaks

Ethereum’s co-founder and creator, Vitalik Buterin, who recently aired his opinion against the PlanB’s stock-to-flow model Bitcoin price forecast. He stated that he understands that halving has effects on Bitcoin’s price before and during the event, however, he maintained that a post-halving price surge won’t be because the reward of miner got slashed. Speaking further, […]

Notes on a digital currency plan, made in China

The expansion of the central bank’s pilot is the first such serious initiative in the world While the world is grappling with the fallout of COVID-19 and speculating on how far China can be blamed for the pandemic, a silent digital revolution is taking place in China. On April 29, 2020, the People’s Bank of […]

Top 5 Reasons Why Bitcoin Is Poised To Cross $10,000 Before The Halving

Amidst the oil market madness, can Bitcoin (BTC) pull through to hit $10,000 before the halving? Can Bitcoin brace the current market and rise beyond the $10,000-mark before the halving? Here are our top 5 picks in favor for a bitcoin bull rally.  1. Bitcoin (BTC) spikes above $6,900 breaching above SMA 50 Looking at the […]

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