Tag: cryptocurrency

Crypto's 'Heads I Win' Game: Is Bitcoin Really Democratizing Finance?

Crypto's 'Heads I Win' Game: Is Bitcoin Really Democratizing Finance?

Bitcoin: the digital gold, the revolutionary technology, the democratizing force in finance. That’s the story we’ve all been sold over the past several years. But if we’re being honest with ourselves, can it?Who Truly Benefits From Bitcoin?Bitcoin just rocketed through $94,000. That increase was driven by a combination of Trump’s...

Bitcoin's $94K Gamble: Trump's Ace or a House of Cards?

Bitcoin's $94K Gamble: Trump's Ace or a House of Cards?

$94,000 Bitcoin: Is it real this time? Or are we all simply together completely hammered on hopium, confusing a candy high for true market vitality. That increase has been driven by the recent comments from the Trump camp. Instead, it seems more like a high-stakes poker game rather than organic...

Polygon's NFT Surge: 3 Reasons Ethereum Should Be Very Afraid

Polygon's NFT Surge: 3 Reasons Ethereum Should Be Very Afraid

The numbers don't lie. For weeks now, we've seen Polygon aggressively challenging Ethereum's dominance in the NFT space. Indeed, last week Polygon overtook Ethereum in total weekly NFT sales — $22.1 million vs. $21.8 million, per CryptoSlam. Make no mistake, this is not a mere blip, this is a timorous,...

Polygon Overtakes Ethereum as Real-World Asset NFTs Surge

Polygon Overtakes Ethereum as Real-World Asset NFTs Surge

The non-fungible token (NFT) space has undergone a shocking metamorphosis. Today, its scope has expanded far beyond digital artwork to include tangible, real-world assets. This evolution has recently resulted in a phenomenal explosion of the real-world asset (RWA) market on-chain. It’s seen a jaw-dropping 28,000% growth since February 2023! So...

NFTs Aren't Dying, They're Evolving: Here's What You Need to Know

NFTs Aren't Dying, They're Evolving: Here's What You Need to Know

Just think back to the time when people couldn’t stop looking at their screens, trading blocky JPEGs for ridiculous amounts of money. It was the beginning of the digital gold rush, and then… crickets. The whispers started: "NFTs are dead!" Of course, you read the news reports, you saw the...

Trump's Crypto U-Turn: 5 Reasons Banks Are Betting Big Now

Trump's Crypto U-Turn: 5 Reasons Banks Are Betting Big Now

As FTX, Celsius, BlockFi and others have shown, the crypto landscape is changing dramatically, no longer revolving solely around Bitcoin’s price. Banks, those once unassailable behemoths of legacy finance, are making bigger forays into the digital asset space. You’d be forgiven for assuming that pursuing profits in a strengthening market...

3 Reasons Why ING's Stablecoin Project Could Save Traditional Banking

3 Reasons Why ING's Stablecoin Project Could Save Traditional Banking

Traditional banking. Stodgy? Slow? Outdated? Maybe. On its deathbed? Absolutely not. The unlikely medicine might just be…stablecoins. Specifically, ING's rumored stablecoin project, born from the EU's MiCA regulations. Hear me out, because I know what you're thinking: Crypto? Saving banks? It sounds insane. Here’s why this might be industry-changing —...

Banks Venture into Stablecoins Following EU's MiCA Implementation

Banks Venture into Stablecoins Following EU's MiCA Implementation

Major banks in the European Union (EU) are delving into the stablecoin market. This increase in exploration is driven by the recent passing of the Markets in Crypto-Assets (MiCA) regulation, revolutionizing Europe’s financial environment. Societe Generale recently issued its own euro-backed stablecoin, the EUR CoinVertible. At the same time, Dutch...

MiCA's Promise or Peril? What ING's Stablecoin Means for Your Wallet

MiCA's Promise or Peril? What ING's Stablecoin Means for Your Wallet

Let's be frank. To some, crypto might seem like an intimidating and confusing high-stakes poker game. It’s very exciting, but it’s terrifying if you don’t know the rules to that game. And at the moment, the Markets in Crypto-Assets (MiCA) regulation is dealing the cards in Europe. ING’s potential new...

LCX Tokenizes Gold, Silver, Platinum: A New Era for Assets?

LCX Tokenizes Gold, Silver, Platinum: A New Era for Assets?

LCX, the Liechtenstein-based crypto exchange, has recently gained attention for its new tokenization framework for precious metals. As part of the token launch, LCX has launched the LCXG, LCXS, and LCXP tokens. Their mission is to connect the world of real-world assets to the digital universe. For one, this decision...