Crypto Currency

  Photo by  Karolina Grabowska  from  Pexels Until recently, most financial institutions simply ignored the word Bitcoin as well as other crypto-assets. Some ignored, others did not see any viability in the industry or pretend that not to see the industry altogether. They were publicly against and often caused difficulty for clients to use and commercialize crypto assets. But now many banks decided to surf this new wave high valued assets, where each Bitcoin is equivalent to more than $ 00 thousand reais. Many banks are diving into this new opportunity and announcing plans to incorporate custody of Bitcoin and possibly other cryptocurrencies in their selection of services.   In this article, I will mention few large financial Institutions that recently announce their plans publicly.   According to Cointelegraph, JP Morgan is considering investing $ 150 million in bitcoin. Also, recently announcing its intention to safeguard cryptocurrencies for its clients.   Another large bank that pu

 "We're not going to shut it off all" - on Crypto :Finance Minister Nirmala Sitharaman (India) Yesterday, at India Today Conclave - South, India's Finance Minister Nirmala Sitharaman spoke on varied topics related to India's policies and strategies on trade, finance and economy on a whole. The subject ranged from some corporate issues to international legal arbitrations to Government's stance on retrospective taxes to cross-border trade with China to Atma Nirbhar Bharat scheme to 5G tech as well as to India's stance on cryptocurrencies. Finance Minister was not timid to comment that India is not going to shut off all options towards cryptocurrencies. In fact, India has a lead advantage in fintech space and she want to take it up in a big way. Work on blockchain tech is in progress in several Indian States.   "On fintech, and on blockchain, there is a lot of work going on and we'll certainly encourage them"   The content of the cabinet note is

  Why Are People Afraid of Cryptocurrency : There are multiple reasons people get scared away from investing in Bitcoin and other cryptocurrencies. Everyone is different and fearful for different reasons but the reasons are all pretty common. Ignorance. Many people are ignorant about cryptocurrency and thus are scared to invest in it. Many people can’t even answer basic questions about cryptocurrency like “What is Bitcoin?” If you are ignorant about cryptocurrency you are wise NOT to invest. Always stay in your circle of competence when investing. However, that does not mean you shouldn’t make your circle of competence larger; you should check out  OKEx to learn  more about Bitcoin.  Okex  refferal link from where you can get free Bitcoin. Negative Press. Famous investors like Warren Buffet and large banks like JP Morgan have famously said negative things about cryptocurrencies like Bitcoin. When a renowned investor like Warren Buffet says negative things about an investment it means i

93% Yield Farmers Claim to Have More Than 500% ROI, Survey Says : | Cryptocurrency | Returns | Profits | Yielding | CoinGecko published a new  survey  on Yield Farming on September 21 gives some key insights into the state of the service and its popularity with traders. CoinGecko conducted the survey to learn about the sustainability of yield farming, trader understanding of the features and industry pain points The data platform surveyed nearly 1,350 investors in August 2020, discovering several key findings 93% of farmers received a 500+% return on their investments, with CoinGecko suggesting the majority of these traders were investors who used over $1000 in capital Only 23% of participants carried out yield farming in the last 2 months, with each token making up for less than 10% of an individual’s holdings 52% of investors used less than $1,000 in capital, and high gas fees was cited as the major concern Perhaps most significantly, 40% of investors do not understand how the relate

  What is the most used digital payment method? (Spoiler: Neither BTC nor PayPal) : Digital Payments | BitCoin | PayPal | Cryptocurrency | Tether If you are passionate about cryptocurrencies, you have surely heard the name Tether by now. A few days ago the daily value of the exchanges of this cryptocurrency born in 2014, from the intuition of the Italian Giancarlo Devasini, would have overtaken Bitcoin and PayPal, thus becoming the most used digital payment system in the world. The record is confirmed by a report by the company Coinmetrics, according to which on 20 August the weighted average 7-day trading on Tether would have reached 3.55 billion dollars, about 20% more than Bitcoin (which is around 2.94 billion). On the same day on Twitter, economist John Paul Koning pointed out that PayPal, in its report for the second quarter of 2020, had declared an average value of daily transfers of 2.94 billion, also therefore lower than the value of Tether exchanges. In a tweet, the company be

 What DeFi Token is Coinbase Going to List Next? : Defi Token | Coinbase | Cryptocurrency | Crypto News Everybody reading this should know about Coinbase - one of the largest cryptocurrency exchanges in the world. We all know precisely what happens to tokens that are fortunate enough to be listed on Coinbase - they EXPLODE. We have a term for this in the industry, and we call it “The Coinbase Effect.” The same thing happens to tokens that are listed on Binance as they also explode with “The Binance Effect.”  It would be great if we could, somehow, figure out which tokens are next going to be listed on Coinbase to take advantage of the price boom.  Is it possible to predict which tokens Coinbase is going to list? In my own opinion, I think the answer is yes. It is just a matter of how deep into your research you are willing to go to figure out the links between Coinbase and cryptocurrency projects - they certainly exist! Before we get started on the list of DeFi Tokens that Coinbase is