Investing in cryptocurrency has gained widespread popularity in recent years. As with any investment, there are both pros and cons to consider before diving in. for exmaple, here are ten pros and cons to consider before investing: Pros: While, all of these sound like good reasons to invest in the cryptocurrency world, there are drawbacks …
Sam Bankman-Fried’s Educational and Professional Background FTX Crypto Exchange experienced a significant crash on January 20th, 2021, causing panic among traders and investors. The incident was caused by a system malfunction, which led to the prices of several popular cryptocurrencies dropping dramatically. The crash resulted in significant losses for many traders, with some losing thousands …
Binance Coin (BNB) hit an all-time high of $611 in May, but has since fallen back to $420, a level that cryptocurrencies have struggled to reach so far this year. While Bitcoin and Ethereum were ahead of other cryptocurrencies in market capitalization, Binance Coin (BNB) has emerged as its biggest challenger this year. Binance Coins …
Wynwood, Fla. – If you think Bitcoin hasn’t made it all the way to South Florida, think again: there’s an entire conference on Bitcoin in Miami. Bitcoin 2021 is the largest BTC-oriented conference ever held in the city. The event kicks off on Friday, June 4 in Mana Wynwood with Twitter and Square co-founders and …
The reason why Polkadot has risen to the ranks of the top projects is the ability of Parachains to emit its tokens, which is similar to what is found in Ethereum-based protocols. Sharding attracted many people to the project and raised the profile of the project. It is therefore a better investment for those who …
The federal reserve made an emergency cut of half a percent on March 3rd, or Tuesday of this week. We haven’t seen a emergency cut since a few weeks during the 2009 crash. Not only is this scary and ominous, considering the last cut, but it changes a few things in various markets. TL;DR: Stock …
After writing my article on Tether’s manipulation and influence on Bitcoin I began to wonder if there were other factors that have predictive power on Bitcoin’s price. There were a few choices and one I still need to add (as soon as Twitter gives me access to their API). But the ones I was able …
Setting the Stage As a young recent college graduate in the U.S. I find myself in an interesting position as far as my financial future is concerned. I find myself attempting to compare my financial position to that of my parents during the same stage of their lives and wondering; “will I ever get to …
Will you consider taking a look at your retirement investments again? A study by two Yale Economists (links to a PDF) says that our traditional way to invest for retirement is fundamentally flawed. The standard advice? Well the standard advice is to hold stocks roughly in the proportion to 110 minus one’s age. This means …
Tether, since it’s inception in the cryptocurrency world has always sparked a fair bit of controversy and conspiracy theories. But the two main, and recurring themes of them, are that Tether is not backed by 100% of it’s assets and it heavily influences the crypto markets. Fortunately, one of those claims is easily proven true. …
