Decred – which is described on its website as an “autonomous digital currency” – is suddenly gaining heavy momentum in Africa.Decred Seeks to Give Africa Its Power BackThe continent of Africa has become something of a major bitcoin and cryptocurrency haven over the past few years. Recently, Twitter and Square CEO Jack Dorsey stated that he would be living abroad in Africa from anywhere between three and six months in the year 2020 to potentially drive bitcoin adoption within the continent’s...
Read More »Bitcoin Has Finally Fired Past $10K
It’s finally happened, folks! For the first time in several months (and the first time in 2020), bitcoin (BTC) – the world’s most popular and largest digital asset – has spiked beyond the $10,000 mark, and the bulls are fully taking over the money ship.Bitcoin Has Finally Hit $10,000The currency has been on a roll since the beginning of the year and has added more than $3,000 to its overall price since January 2. The significance of $10,000 is that this figure was serving as bitcoin’s present...
Read More »Japanese Lawmakers Pushing for Digital Yen to Counter Chinese Digital Yuan
Japanese lawmakers are pushing for the adoption of the new CBDC system and the development of the digital yen in the next three years in order to counter the failing fiat currency system.Led by the head of the Banking and Finance Systems Research Commission at the JLD party Kozo Yakamoto, Japanese lawmakers are pushing for the country to digitize their systems by adopting CBDC. According to Yakamoto, the country should be in the line of creating a Yen Central Bank Digital Currency in the next...
Read More »Coronavirus Insurance Payouts Can Be Processed on Blockchain, Virus Disrupts Crypto Events
As the world is joining efforts to help with coronavirus treatment and spread, the blockchain technology is now being employed for related insurance payments.Blockchain technology is now seeing some new applications because of the deadly coronavirus. According to a recent report from the South China Morning Post, a mutual aid service known as Xiang Hu Bao has now started using blockchain technology to process insurance claims related to the coronavirus from its many customers.Blockchain Used...
Read More »Tesla Stock Is One of the Most Dangerous Stocks in the Market, Says Wall Street Exec
While many people are extremely bullish about Tesla (TSLA), some other analysts think that it’s a little too volatile and dangerous at the moment.Tesla stock (TSLA) is very easily one of the world’s most popular stocks, at least as far as 2020 is concerned. Prices have jumped so high recently that it has rattled a lot of the market’s most seasoned analysts and even regular traders and investors. Towards the end of last year, many people slowly became extremely bullish about Tesla’s chances....
Read More »Will Cryptocurrencies Catch Second Wind?
Though now it is not the best time even for major cryptocurrencies like Bitcoin and Ethereum, we still can believe that cryptos will have a chance to catch the public’s eye sooner rather than later.Around the world, major cryptocurrencies are seldom seen in major headlines anymore. While tech-savvy individuals and crypto-investors are obviously paying close attention to the current valuation of leading tokens like Ethereum or Bitcoin, many people have tuned out of crypto-related news. There...
Read More »Cryptocurrencies and Main Risks Involved
We take a look at the principal risks and rewards of dealing with cryptocurrencies such as Bitcoin in the modern market.Ever since Bitcoin and other cryptocurrencies launched some decades ago, they have grown into one of the most controversial topics around. On the one hand, cryptocurrencies offered end-users many perks such as anonymity and transaction speed. Still, on the other hand, they naturally stirred up a lot of criticism regarding the lack of regulation and potential abuse.Regardless...
Read More »Gold Beware as Bitcoin Halving Is Just 90 Days Away
Bitcoin halving, gold and scarcity: as the milestone approaches, it will reduce Bitcoin’s block reward to 6,25 BTC per the block. Currently, the Bitcoin block reward equals 12,5 BTC.In approximately 91 days, the picture of what is happening inside mining companies will start changing. The date for changes is 7 May 2020. There’s several ways to count the days until Bitcoin halving, however. When calculating the date using average daily block time, the next halving date shifts to 86 days from...
Read More »Samsung Foldable Phone Was Revealed at Oscars 2020
Samsung has wowed the world with its foldable phone Galaxy Z Flip shown in the ad aired during the Oscars 2020 ceremony.We are all already used to that, when some new products come along, what you get first – are leaks. Sometimes the leaks are just fake, and sometimes they can be even non-legal. Be it as it may, after Samsung suffered weeks of leaks of its new, long-awaited, upcoming foldable phone, the company decided to scoop itself.Just a few days before the Galaxy Unpacked event that will...
Read More »Forbes Names the Highest Paid Hollywood Actors and Actresses in 2019
Forbes has revealed the names of the highest-paid actors and actresses in the fiscal year 2018/2019. Dwayne Johnson and Scarlett Johansson are in the first lines in their categories.Forbes has listed Dwayne Johnson, alias the Rock, as the highest-paid Hollywood actor while Scarlett Johansson held the highest-paid position for the actresses. The report which compiled the Hollywood participant’s earning between the fiscal year 2018 and 2019, listed the top ten earners in both the male and...
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