Cryptocurrency Analysis and News Portal
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap.
Read More
According to the World Bank’s report from 2017, approximately 1.7 billion people worldwide don’t have a bank account today.Not having access to this fundamental financial instrument is the main factor that stops them from realizing certain everyday functions. However, decentralized finance (DeFi) was created to meet all the requirements and
Read More
Tesla stock closed at $695 on Friday which shows a 5.96% growth.The shares of electric auto behemoth Tesla Inc (NASDAQ: TSLA) has recorded new highs as index funds accumulate the shares ahead of its listing on the S&P 500 Index (INDEXSP:.IXP) on Monday, December 21. As noted by Investors.com, the
Read More
The concept behind OpenDefi is simple. Real assets, such as real estate and gold, can be tokenized to provide fractional ownership to holders.According to a 2018 report by the World Bank, financial inclusion is improving around the world due to the growth of internet access and smartphones. Despite this growth,
Read More
Ripple, the U.S.-based currency exchange and remittance network, is donating $10 million to Mercy Corps, a humanitarian aid non-profit, to “expand financial inclusion and increase economic empowerment globally.” Ripple, through a non-profit unit, works with non-government organizations, universities and industry partners to “bring the 1.7 billion unbanked adults into a modernized,
Read More
On Sept. 9 the price of Tesla stock surged 10.92% after undergoing a 21% plunge earlier in the day. Coincidentally, the price of Bitcoin (BTC) also soared by nearly 5% in the past 24 hours.XBT/USD 4-hour chart. Source: TradingView.comIn the past several days, the correlation between Bitcoin and stocks has
Read More
The Office of the Comptroller of the Currency, or OCC, launched a project aimed to improve financial inclusion of underserved populations.Called REACh, which stands for Roundtable for Economic Access and Change, will bring together banking industry leaders and national civil rights, business and technology organizations to identify and reduce barriers
Read More
Technology has become central to everyday life. From finding new ways to make money smarter to communicating with each other, humankind is reliant on technology companies to provide these services for us. But despite its great influence over modern life, tech still faces a diversity problem. While some progress is
Read More
A digital Canadian dollar should imitate traditional banknotes in terms of availability and accessibility, according to staff from the country's central bank, the Bank of Canada.In an analytical note on June 30, experts from the Bank of Canada revealed some of the goals for its central bank digital currency (CBDC).
Read More
Racial diversity and financial inclusion are good for cryptocurrency and blockchain – and the industry has work to do. That was the overarching conclusion of a virtual Juneteenth event put together by Cleve Mesidor, founder of the National Policy Network of Women of Color in Blockchain. Juneteenth is the celebration of June 19,
Read More