Beware Cryptocurrency Gold Rush Mentality On one hand, it's hard for many investors not to be excited about the meteoric rise of cryptocurrencies in the past few months. Bitcoin has roughly tripled in value since the beginning of the year, Ethereum is up by about 40 times, and Ripple, one of the newest arrivals on … Continue reading Beware Cryptocurrency Gold Rush Mentality
IMF Urges Banks to Invest In Cryptocurrencies A June 2017 staff discussion note from the International Monetary Fund (IMF) suggests that banks should consider investing in cryptocurrencies more seriously than they have in the past. According to the IMF staff team responsible for the note, including prominent economists such as Dong He, Ross Leckow, … Continue reading IMF Urges Banks to Invest In Cryptocurrencies
Why Just Holding Cryptocurrency Will Change the World Cryptocurrency, digital assets run by blockchain distributed ledger technology, have some pretty revolutionary features and use cases. They can cheaply and permanently send wealth faster than anything else. They can cryptographically prove your identity. They can run self-executing smart contracts instead of relying on an enforcement … Continue reading Why Just Holding Cryptocurrency Will Change the World
Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend Cryptocurrencies continued their recovery from last week’s massive price fallout, resuming the upward trend that has characterized 2017. All but 12 of the top 100 cryptocurrenices posted gains in the last 24-hour period. Market leaders bitcoin and Ethereum had the smallest gains the last 24-hour period, with … Continue reading Cryptocurrencies Continue Recovery, Resume 2017’s Growth Trend
Cryptocurrency: How We Hook the Masses In this opinion piece, Svinkin argues that using cryptocurrencies for rewards schemes can demonstrate the value of the technology and ultimately help bring mass adoption. Before the hype and before the price explosions of the past year, I sat down and looked at cryptocurrencies from a UX perspective. That … Continue reading Cryptocurrency: How We Hook the Masses
 Bitcoin Will Make Lots of Millionaires Before “Returning Down to Earth”: Economics Professor Despite its price volatility, Bitcoin is likely to make more millionaires. Panos Mourdoukoutas, chair of the department of economics at LIU Post in New York City, whose works are published by Forbes and The New York Times, thinks Bitcoin is … Continue reading Bitcoin Will Make Lots of Millionaires Before âReturning Down to Earthâ: Economics Professor
Move Over Bitcoin, These 4 Cryptocurrencies are Making Their Mark Just a few years ago if you thought of cryptocurrency you thought of Bitcoin and Bitcoin only. Bitcoin was propelled into the limelight back in 2013. Around that time The Silk Road was taken down and the U.S. government confiscated hundreds of millions of … Continue reading Move Over Bitcoin, These 4 Cryptocurrencies are Making Their Mark
Billion Dollar Cryptocurrency Club Swells to Six Members Bitcoin’s market cap surpassed $37 billion today when the price hit $2271.16, commanding more than a billion in trade volume in a 24-hour period, according to coinmarket.com. The total value of the coin market is now at $81.3 billion, as the last two days added more than … Continue reading Billion Dollar Cryptocurrency Club Swells to Six Members
Cryptocurrency Inflation v Deflation In the world of cryptocurrency, there are two main types of ecosystems. Either a cryptocurrency is inflationary – with new coins generated by mining or staking – or it is deflationary. A lot of people claim bitcoin’s deflationary status is a problem, and how minor inflation could alleviate these concerns. … Continue reading Cryptocurrency Inflation V Deflation