The struggling global economy, floundering due to the COVID-19 pandemic and The Great Lockdown, has inspired a new discussion regarding the integration of digital currencies. But as the World Economic Forum calls for tight controls in this “Great Reset”, we wonder which approach will emerge victorious – centralization or decentralization?
As fiat currencies in Brazil and Argentina drop to dismal levels, citizens of those nations are increasingly turning to crypto, such as Bitcoin. Here’s how the same scenario could soon unfold in the U.S.
With most of the nation battered by COVID-19 and the dollar at its lowest point since 2018, there seems to be no signs of slowing the downward spiral. See why Americans are holding onto Bitcoin and what may be in store for the crypto.
After months of stagnating within the $9,000 range, this week saw enormous price action from Bitcoin, as it hurdled the $10,000 mark on its way to $11,000. What economic and geopolitical factors triggered such a leap, and what does the near future hold for the crypto market? Here’s how one analyst breaks it down.
With over 926 million users worldwide, the major payment processor just took its first big step to push crypto to the forefront. See how their new deal with Wirex may help accelerate crypto adoption internationally.
As crypto continues to establish itself in the financial sector, Coinbase is now rumored to be the process of filing for a direct listing in U.S. markets. If the speculation becomes a reality, this landmark development could pave the way for even greater acceptance of crypto around the globe. Get all the details here.
While crypto adoption has steadily grown over the years, a primary hurdle to achieve mass adoption continues to be the widespread acceptance of crypto payments options. That could all change with ForumPay, a startup that promises the simplest solution to date for merchants to accept crypto. Here’s how this new technology could prove to be a boon for all.
As digital innovation in the financial sector thrives, there is still a massive need that only central banks can fulfill, which is to introduce their own digital currencies. In its latest report, the BIS not only makes this argument, but goes even further to claim that CBDCs have the potential to be the future of money.
If the latest rumors are to be believed, the payments processor will soon be bringing crypto into the fold on its massive platform. How might the markets respond to such an integration? Find out here.
BitWage Brings Bitcoin 401(k)s and Crypto Payroll Into Daily Life | Innovators in Blockchain and Crypto
BitWage has been leading the way on facilitating wages paid in part or in full in cryptocurrency, which helps spread awareness and potentially even increase adoption. In May 2020, they announced a new Bitcoin 401(k) plan to help tie another dimension of retirement savings in with cryptocurrency, getting people comfortable with crypto while also helping…