The money we use today didn’t exist when people started to trade goods between them. Nor will continue to exist if a better way to exchange value is found. And that time is coming faster than we think.
Cash use is in decline everywhere in the world. Sweden is an example of a cashless society where even banks are not holding cash anymore and the central bank does not play the important role it used to play. Paper money is becoming less used every day.
Those who call cryptocurrency a bubble fail to understand why we are becoming a cashless … Read the rest
We are leaving behind one of the must painful bear markets in the Bitcoin history. Bitcoin hit $20,000 in December 2017 and then the price came back to $3,200 in December 2018.
Bitcoin market cycles seem to be faster than cycles in traditional markets. In only 10 years Bitcoin had 5 cycles characterized by high volatility and has been declared dead several times.
However, the high volatility and short cycles are normal for a new class asset. Meanwhile, the adoption expands more the volatility decreases and cycles might become longer.
Bear markets are usually a good time for development. During … Read the rest
New York judge Joel Cohen granted iFinex, the parent company of Bitfinex and Tether the motion to modify the preliminary injunction the New York Attorney General (NY AG), filed against the company.
The motion expresses that because of dubiousness and being over the edge of limits, the injunction should be changed to be more limited in scope, and not affect the normal Bitfinex’s business activity.
… Read the rest
“The Court finds that the preliminary injunction should be tailored to address OAG’s legitimate law enforcement concerns while not unnecessarily interfering with Respondents’ legitimate business activities. The Petitioner [NYAG] contends that she does not intend
Zurich, 15 May 2019 – innovation made in Switzerland: two innovative financial solution providers have joined forces. Blockchain-based digital asset exchange Lykke and “new generation” securitization specialist GENTWO have made Lykke’s utility tokens investable and bankable through a conventional Swiss-compliant tracker certificate complete with Swiss ISIN.
True innovation through purpose-oriented partnerships
Gentwo’s subsidiary GENTWO Digital has securitized Lykke’s utility tokens – known collectively as LyCI Service Tokens (ticker: LyCI). This unique expertise regarding digital assets has thus been prepared for conventional investments in the traditional financial markets. The new securitized product is an open-end index tracker, a participation certificate … Read the rest
Long Altcoins Instead of Shorting Bitcoin, Says Crypto Analyst – Ethereum, Ripple, Litecoin, Cardano, Tron, NEO
In the light of the last days’ Bitcoin rally, many are expecting Alts to make a strong push after bitcoin cools off. Every time bitcoin spiked, Altcoins suffered but then the inevitable happened. This is the scenario most of the crypto analysts see. Here it is what some crypto analysts say.
Bitcoin vs. Altcoins
Of course, many bitcoin maximalists will say that altcoins are not worth it but it is because of altcoins that many OG,s became rich in bitcoins. During the bear market, Altcoin holders suffered the biggest losses and maybe this time determines which altcoins will die.… Read the rest
With the explosion in crypto-based online gambling in recent years, the social-gaming community has come to expect not only innovation and interface interaction but also a wider range of games that deliver real payouts with fair odds
The number of crypto gaming platforms on the market is wide but few offer a range of a diversity of options to the gambler of today – that is until now.
Introducing NanoGames – The Fair Odds & Social Gaming Alternative
NanoGames is a crypto-based online social gambling site that offers industry-beating odds with four very different games.
With more coins planned … Read the rest