In March 2023, an annual report prepared by the Council of Economic Advisers was submitted to the United States Congress. The Economic Report of the President provides an overview of the nation’s economic progress during the previous year and the…
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Will Bitcoin Surprise Everyone with a New Record High?
Bitcoin has always been described as a store of value similar to precious metals, hence it is sometimes called digital gold. The bear market has been brutal to this cryptocurrency’s price and it has seen a drawdown of almost eighty…
Global Payment Leaders Think Crypto Brings Value – Ripple
Money makes the world go round is an old saying, but what if the current system makes moving money hard? Traditional ways of settling financial transactions are sluggish and expensive when compared to crypto payment solutions. Ripple and US Faster…
The Truth About Bitcoin Decoupling from the Traditional Market
During its infancy, Bitcoin’s price action did not follow traditional markets. However, the increased interest from investors has paved the way for an apparent correlation between Bitcoin (BTC) and stocks. This has led to a situation where Bitcoin and other…
Bitcoin Adoption as Legal Tender in El Salvador Leads to 95% Boost in Tourism, Highlighting Potential Benefits of Cryptocurrency for Developing Countries
El Salvador became the first country to adopt Bitcoin as legal tender in September 2021, and since then, it has been closely watched by the cryptocurrency industry and the wider world. One unexpected consequence of this move has been a…
Shiba Inu Aims to be Top Dog with Shibarium
The crypto community has a love-and-hate relationship with meme coins. The meme coin army has professed undying support to their chosen project. On the opposite side, we have those who believe that meme coins do not bring value to the…
Crypto Industry is Under Siege by Regulators
Crypto has always been under attack from the day it was created. It has survived despite the odds due to the support of users who believe in financial freedom. The U.S. government is currently using several tactics in its arsenal in…
Cryptocurrency Pitfalls Need to be Mitigated – Whitehouse
In January 2009, Satoshi Nakamoto mined the first Bitcoin (BTC) block. Back then, not a lot of people cared or heard about Bitcoin or Cryptocurrency. It was called magic internet money and was described as a fad. People did not…
Is USDC the Most Promising Regulatory-compliant Stablecoin?
The cryptocurrency space has its share of bad actors. This is one of the reasons a lot of investors are having second thoughts about dipping their toes in digital assets. Circle’s USDC stablecoin is being marketed as one of the…
Cryptocurrency in 2023 – Will It Pass or Fail?
2022 has been a roller coaster ride for the Cryptocurrency Market. Hopes of reaching another all-time high have not been realized, instead, we were forced to accept that we are indeed in a bear market. Several big crypto companies folded…