Currency

Cryptocurrency custody providers are companies or platforms that offer services to securely store, safeguard, and manage cryptocurrencies on behalf of their clients. The role of a crypto custody service provider is becoming increasingly important as the adoption of cryptocurrencies continues to grow and as the value of crypto held by individuals or institutions increases significantly. […]

Very soon, Ethereum will be launching the Shangai Update, which will make it possible for investors, who have staked their tokens on the network to be able to withdraw their tokens. It has been very difficult for investors to make withdrawals of their staked ETH tokens since 2020. However, this problem did not stop the […]

Stablecoin is one of the factors contributing to the increasing adoption of cryptocurrencies around the world. Stablecoins are pegged to fiat currencies at a ratio of 1:1. Stablecoins represent 11% of the crypto market, and the most common stablecoins, which are USDT, USDC, and BUSD, have maintained track records of stability over time despite the […]

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 […]

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 […]

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 […]

Aave (AAVE): Aave (AAVE) is a decentralized, open-source platform for lending and borrowing cryptocurrencies and other digital assets. On this platform, investors can obtain digital asset loans with variable interest rates. They can also deposit their digital assets to earn interest. The Aave platform has various mouthwatering offers such as flash loans that must be […]