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Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing

Vitalik Buterin has criticized the yield farming craze that has been ongoing in the decentralized finance (DeFi) sector, comparing it to the US Federal Reserve’s mass printing strategy. Buterin thinks yield farming is unsustainable The Ethereum co-founder has advised against the yield farming strategy that has gained increasing popularity among the DeFi community and that has partially enabled digital assets such … Continue reading Vitalik Buterin Sceptical About DeFi Yield Farming, Compares It to US Federal Reserve Money Printing

US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

In an interview on CNBC’s Squawk Box program, Sandi Bragar, the managing director at Aspiriant investment management company, hinted that PayPal is working on rolling out cryptocurrencies on its platform. Bragar revealed that the Fintech giant company is currently working to make it possible for merchants (sellers and shops) to accept cryptocurrencies. PayPal On Mainstreaming … Continue reading US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments

Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

The Bitcoin price briefly spiked to $10,750 along with a surge in altcoins on the news that United States President Donald Trump may be discharged from hospital following his bout with COVID-19—as well as news of fresh economic stimulus packages. Following the reports that US President Trump, and First Lady Melania Trump both tested positive … Continue reading Bitcoin Price and Altcoins Spike On News of President Trump’s Recovery Against COVID-19

Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

Central bank digital currencies are perhaps one of the most transformative developments in our world financial system currently in development. CBDC are digital assets, but they are not cryptocurrencies and in fact strike at the heart of the very philosophy that brought Bitcoin into existence. Central banks around the world are competing to be the … Continue reading Central Bank Digital Currencies Are Not Like Bitcoin or Cryptocurrency

US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October

US-based crypto exchange Kraken has released its September 2020 volatility report which predicts that Bitcoin’s price will likely rally in October after a further separation in correlation from traditional markets and the US dollar. According to Kraken’s September 2020 volatility report, all indicators show that Bitcoin’s correlation to legacy markets and the US dollar is … Continue reading US Crypto Exchange Kraken Predicts Bitcoin Price Will Rally in October

Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

“No, you don’t need to buy a whole Bitcoin.” As someone who writes about blockchain and crypto I often find myself answering the same questions over and over again to friends and people I meet, about Bitcoin. In no particular order, I am most commonly asked the three questions below: Why is Bitcoin worth anything? … Continue reading Do I need to Buy One Whole Bitcoin? 3 BTC Questions I’m Tired of Answering

What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?

Brian Armstrong, the CEO of leading US crypto exchange Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through crypto wallet regulation. Should the rumors be true, what could the regulation mean for Bitcoin and the BTC price? Coinbase CEO Brian Armstrong dropped a bombshell on the Bitcoin … Continue reading What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?

Ways DeFi is Changing Finance and its Stand in 2020

Blockchain technology has made its own name for various reasons, mainly by separating itself from the controls of a central authority. However, this hasn’t been very acceptable in the minds of most governing bodies. As we can see the high volatility of the cryptocurrencies, we cannot say most of it isn’t for good reasons. Nevertheless, … Continue reading Ways DeFi is Changing Finance and its Stand in 2020

Ethereum's Vitalik Buterin Mocks Ripple and XRP, but is ETH 2.0 next on SEC's List?

As the XRP price continues to crash and burn, tanking by 40% on leading exchanges following the US SEC’s lawsuit against Ripple, Ethereum Founder Vitalik Buterin appears to be enjoying the show. But with the recent ETH 2.0 upgrade to Proof-of-Stake (POS) of the Ethereum network, it may not be long before the US regulators reclassify … Continue reading Ethereum's Vitalik Buterin Mocks Ripple and XRP, but is ETH 2.0 next on SEC's List?

3 Ways Biden Can Be Friendly With China

There’s no question that the Biden Administration has come into power at a pivotal moment in history. The challenges it faces, both domestic and international, run the gamut. Nowhere is this more apparent than in its relationship with China. America’s relationship with China has ebbed and flowed over the years, but no matter who sits … Continue reading 3 Ways Biden Can Be Friendly With China