Blockchain

John McAfee made a very crazy prediction in 2017: the value of one Bitcoin will reach $1 million by 2020. In case that wasn’t audacious enough, he added some (actual) skin to his bet, saying that he would eat up his manhood on national television if the prediction did not come true. But, unfortunately for […]

Although the taxation of cryptocurrencies could be complicated, the key principle is yet simple. The following aspects of crypto transactions are taxable: sales of crypto, trading of crypto, purchases through the use of crypto, and rewards from staking and airdrops. On the other hand, following are not taxable: buying crypto, donating made through crypto, and […]

DeFi is a platform or website that provides non-centralized financial services such as investing, trading, borrowing, lending, tokenized real estate, and insurance. Financial institutions such as banks normally act as an intermediary between banks and users, with the aim of just managing the money during centralized financial interactions. However, the blockchain has enabled financial...

The failure or collapse of banking systems due to financial crisis strikes a high degree of astonishment and dread in the hearts of key players in the market. A good example to illustrate this point is the recent failure of the Silicon Valley Bank and the current anxiety surrounding US smaller banks. New gamers may […]

In the bid to review past Bitcoin’s bear markets, we shall look at what occurred with the king coin in the past years of the economic storm in the crypto market. Three main factors make investing in technology difficult. The first one among them is what is referred to as “the accelerator’s dilemma.” This notion […]

For readers to know which stablecoin is the biggest and most used, a list of the five most popular stablecoins is provided below. Tether (USDT): Market capitalization of about $75 billion USDC (USDC): Market capitalization of about $50 billion Binance USD (BUSD): Market Capitalization of $10 billion Dia (DIA): Market capitalization of $5 billion TrueUSD […]

Oracles serve as a bridge between the blockchain and the real world, as they provide real-life information on events, market data, and other important data that can be used in smart contracts on decentralized exchanges and application platforms. They facilitate the use of real-world data in blockchain applications, particularly in the context of smart contracts. […]

CBDCs refer to the type of digital currencies that are issued and backed by the central bank of a particular nation. Unlike cryptocurrencies, which are decentralized and operate independently of an apex bank, CBDCs are centrally issued and centrally managed. Information from the Atlantic Council’s tracker on CBDCs states thus: “114 countries are exploring CBDCs. […]

As more and more people began to accept Bitcoin as part of their daily economy and an important part of society, some false beliefs about crypto began to gain ground among the people. We shall take a look at some of the Bitcoin myths and also make some clarifications about them. Some Believe That Bitcoin […]

To most investors, stablecoins are considered boring because they are designed to maintain a stable value in relation to a specific traditional currency. Although they are also a kind of cryptocurrency, they are not subjected to the volatility of the crypto market. Investors used them primarily for their stability and predictability. Apart from the fact […]