It is no more news that the future of the entire crypto industry hinges on the success of digital asset technology. While we have seen a wide variety of practical interpretations of cryptocurrency in the last 12 years, the fact remains that it is still very much nascent and far from being an established technology. With this general context in mind, it is safe to say that there is enough room for growth. But there is no denying that the...

Without any doubt, mining activities will continue to play an integral part in the Bitcoin economy for a very long time. As such, it comes as no surprise that Bitcoin mining has always come under scrutiny whenever the sustainability of Bitcoin is being discussed. If we are not defending the energy consumption rate of this hardware-intensive operation, then we most certainly will be dissecting the regulatory implications of concentrating mining activities in a particular jurisdiction. In some rare cases, as...

Although Bitcoin has already survived a decade marred by legal uncertainties, criminal affiliations and incessant attempts to downplay its potency, events recorded in the last few weeks have no doubt played important roles in the shaping of the digital currency’s future. The first is its sudden emergence as a legal tender in Central America, then there is a recurring narrative surrounding Bitcoin’s power-inefficient mining process. Lastly, the intensified research and development on central bank digital currencies (CBDCs) highlights some peculiarities...

Volatility is perhaps the most appealing attribute of the crypto market to new investors. The prices of digital assets have recorded unprecedented uptrends since the year began. In turn, this has spurred the influx of investors looking to generate high profits amidst the institutional adoption of cryptocurrency. However, all this changed when the crypto market responded negatively to a series of events. At the time of writing, Bitcoin, the world’s most popular cryptocurrency, had fallen by 47% in the space...

It is perfectly okay to feel bad about failing to possess the insight and the conviction to invest in cryptocurrency before the start of the ongoing bull cycle. Merely thinking about the potential profit and the missed opportunities could demoralize and force investors to make hasty and bad investment decisions. From what I have learned over the years, there is no bad timing when it comes to cryptocurrency. There are always new opportunities around the corner. The most important thing...

With every passing day, we have more reason to believe that crypto is the future of the financial economy. Not only have digital assets like Bitcoin outperformed traditional investment vehicles in 2021, but we have also witnessed several watershed moments that have brought cryptocurrency closer to the mainstream. The latest of this long list of milestones is Coinbase's public listing that saw the value of the company increase by ten folds. On the 14th of April, Coinbase became the first...

It is remarkable how crypto and blockchain technologies continue to introduce new concepts that are potent enough to alter convention. In 2020, the world watched on as a new financial paradigm, DeFi, evolved into a viable alternative to traditional finance. The same level of hype witnessed during the DeFi boom of 2020 has begun to propel a new crypto sector albeit with even more mainstream appeal. In 2021, Non-fungible tokens or NFTs have become the toast of the crypto world,...

As exemplified by the growing demand for crypto, it is becoming fashionable to own digital assets as a hedge against inflation or purely for investment purposes. While this is a welcomed development, it does not tell the full story of the extra security responsibilities that comes with investing in cryptocurrencies, especially when you plan on purchasing and holding coins. Intending crypto investors must take into account a long list of factors and adopt standard security measures to ensure that they...

Without any doubt, the growing crypto economy houses a wide variety of concepts uniquely conceived to optimize the workings of blockchain and its many infrastructures. One of these concepts that you most likely encounter regularly is crypto staking. The importance of this mechanism to the operations of several blockchains and decentralized applications makes it a top priority for new entrants looking to explore the fundamentals of crypto and blockchain technologies. As such, we have created a comprehensive cryptocurrency staking guide...

It is common knowledge that decentralized finance (DeFi) has revitalized the crypto narrative so much so that it has become fashionable for entrepreneurs and developers to incorporate elements of DeFi in their offerings. Seeing that this explosive trend is showing no signs of slowing down anytime soon, it is imperative to understand the many moving parts that make up the DeFi landscape before going all out to adopt it as an investment instrument or in your daily operations. Hence, we...