Fall of Bitcoin price to $38K: A glimmer of hope for Dip-buyers
“Paper hands” brought Bitcoin price back below $40,000, while technical analysts believe BTC will remain within that range until the $42,000 level is breached. The cryptocurrency market is in the midst of another dull day as the price of Bitcoin (BTC) dipped below $40,000 which was just attained after a previous dip. This change happened […]
DeFi Will Likely Knockout Banks in Years To Come
As an after-thought of too many human errors in the financial system that needed checkmating, DeFi came to save the day by the action of one man’s brainpower. An issue of concern affecting the financial world be it centralized finance, insurance, lending, or other assets all boils down to a major factor which basically is […]
Residents to pay state taxes in crypto – Colorado’s Governor
Colorado Governor Jared Polis hopes to one day allow Colorado residents to pay their state taxes using cryptocurrency. Speaking at Coindesk’s Consensus 2021 virtual conference, he said, “I’d be thrilled to be the first state to let you pay your taxes in a variety of cryptos.” Polis, a longtime supporter of digital currencies, was the […]
Altcoins: 4 unfamiliar Cryptocurrencies That Beat Bitcoin During the Crash
Last week, almost all the entire cryptocurrencies crashed as news of government crackdowns and other negative headlines have dominated the discussion. Surprisingly, not every coin has been plunging, however. One of the generally positive things about the decline in cryptocurrency values is that different assets are reacting in different ways to the selloff. To be […]
Bank of England Governor, Andrew Bailey calls cryptocurrencies dangerous
Bank of England Governor Andrew Bailey on Monday explained that cryptocurrencies and other related assets are dangerous to the public, reiterating his long-standing concern about them. “I’m skeptical about crypto-assets, frankly, because they’re dangerous and there’s a huge enthusiasm out there,” Bailey said to the British parliament’s Treasury Committee. Bailey has previously said people should […]