News

Image by USAF illustration/Sr. Airman Courtney Witt / CC BY 2.0 Discover Tactics to Save on 2020 Crypto Taxes Get…

Following in the footsteps of the Federal Reserve creating $210 billion out of thin air, Bitcoin edged even closer to its hard cap of 21 million tokens. If you’re not thinking about the implications for both the dollar and Bitcoin, find out here why this is so critical for the long-term prospects of each.

As the crisis in Hong Kong turns from bad to worse, citizens of the Chinese island are finding refuge in Bitcoin, thus highlighting some of the currency’s true benefits. What they are learning firsthand right now can be instructive for anyone.

Social and financial downturn has pushed Venezuela’s back against the wall. With sanctions holding back any meaningful progress for its citizens, the country has turned to digital assets as a safe haven, and to strengthen its global buying power.

Philadelphia’s Coinvention conference was held September 20-21, 2019, at the Loews Hotel in the heart of Center City. Read on for highlights and takeaways from BitIRA.

For cryptocurrency to be adopted on larger scale, it must be used to purchase products or services. Businesses are looking to payment processors to mediate these sales. One of the most popular crypto payment processors, BitPay, completes over $1 billion worth of crypto transactions annually. They have just added a Top 3 coin to their arsenal. Due to the company’s massive transactions volume and popularity, the inclusion of this new coin will likely translate to increased adoption of what was already an exceedingly popular token. Learn how this may play a crucial role in mass adoption.

For the past few years, Venezuela has been at the epicenter of corruption. With the value of the local currency inflating to astronomical levels, the people of Venezuela have been desperately trying to find a way to make ends meet. Amongst all the dismay, a savior has risen to attempt to bring back peace to the once flourishing nation. Find out more here.

For years, crypto advocates have predicted that tokens would one day replace fiat currencies. That potential future is now reality, as a tiny island nation in the Pacific has announced bold plans to use a new stablecoin as their primary form of currency. Find out why they’re making that move here.

The launch of crypto lending by Binance this week is big news on its own. But as the world’s largest crypto exchange joins the ranks of many private firms that already offer such a service, we wonder, is a larger movement afoot? At some point in the future, once crypto is firmly entrenched in mainstream finance, could crypto lending even take on government bonds as a primary form of investing?

The market has had to wait 8 months longer than originally anticipated, but beginning in September, Bakkt will be launching with physically-backed Bitcoin futures. While there are already other cryptocurrency futures and derivatives on the market, what makes this so significant for the market is the nature in which contracts will be settled. Learn more here.

Image by Marco Verch / CC BY 2.0 Discover Tactics to Save on 2022 Crypto Taxes Get our free guide…

As various economies around the world have been thrust into tumult in the last week, the asset known for its volatility appears to be adopting a new role as a safe haven. As Bitcoin’s evolution continues, could this open the door to greater acceptance and adoption among the general public around the globe? Read more here.