As a brokerage and asset manager holding $4.2 trillion AuM and employing 65,000 people, one would assume Fidelity would know best about asset risks. Tina Smith, directly wrote to Fidelity, asking why the investment company included Bitcoin on the 401 menu. Warren, does the government have the role to determine personal investment choices? Not according […]
Ethereum’s massive energy consumption comes from miners, who are an integral part of the network because they validate transactions and secure the network. In order to verify transactions, node operators run the transactions independently and broadcast new blocks, making sure they are valid. First, it makes sure that there is a cost associated with mining […]
Microstrategy’s CEO, Micheal Saylor, has claimed that the stock prices of tech giant Apple would be double if it held Bitcoin. Apple’s CEO also mentioned that his company currently has no plans to purchase crypto or accept it as a payment medium despite his exposure to virtual assets. Reacting to Tim Cook’s revelation, several prominent […]
This shows that stablecoins do not conform to the same patterns as other cryptocurrencies, as most usually follow Bitcoin’s activity. It goes without saying, but stablecoins function in a different way than other cryptocurrencies. The recent statistics indicate that during bearish times, traders lean closer to stablecoins. The data does not show whether stablecoins have […]
A recent report from the leading blockchain analyzer Glassnode reveals that long-term holders are considerably reluctant to trade their Bitcoin at the current price levels. Furthermore, there is a considerable decline in very young coins — Bitcoins being traded within the last month. The CDD-90 metric, an indicator that gives more weight to coins that haven’t been […]
By understanding why they even exist, all the pieces of the puzzle fall into place. The validity of any theoretical framework can be judged by its predictive power. You may have noticed that everything – from politics to the stock market – is drastically influenced by a central committee – the Federal Reserve. However, one […]
This has left people questioning the state of the economy, and wondering what sort of impact it will have on the everyday individual, as well as the digital asset space. The Consumer Price Index for All Urban Consumers is a tool used to determine the state of the economy within the US. The CPI-U is […]
Since the inception of the very first cryptocurrency, Bitcoin, authorities in power labeled it with a wide range of illicit activities — e.g. According to a 2021 report from Chainalysis, in 2019, criminal activity represented 2.1% of all cryptocurrency transaction volume — roughly $21.4 billion worth of transfers. While certain facts support the thesis that merely a […]