Cryptolinks Cryptocurrency News Blog
The Crypto Industry Shows Great Strengths in The Face of The Shrinking Global Economy
By:
Nate Urbas
27 March 2020
The world is currently trying to come up with effective ways to reduce the spread and eventually eradicate the Covid-19 disease. Amid the elusiveness of this task, the global economy has taken a nosedive with investors and businesses opting for the exit door, in what has marked an unprecedented sell-off of assets. And while a majority of crypto optimists had hoped that digital assets would withstand this economic strain, the crypto market has shown unexpected correlation to traditional markets, which...
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The Implications of The Bitcoin Market’s Response to Oil Price War and Coronavirus
By:
Nate Urbas
21 March 2020
As a crypto participant, you must be used to the drastic price swings of cryptocurrencies. However, crypto’s current volatile price trend is peculiar as it coincides with a plethora of events that have caused economies to stumble. For one, the spread of the Covid-19 has had a devastating effect on the global market. To make matters worse, the oil price war between Saudi Arabia and Russia has kicked off a domino effect that has seen markets that had, to an...
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Crypto Custody Market and The Institutional Investor Narrative Are Gaining Momentum
By:
Nate Urbas
12 March 2020
The traditional financial landscape has set up different infrastructures to ensure that individuals have little say in the generation, distribution, and storage of assets. While this is the status quo in the conventional financial sector, the crypto space, on the other hand, proposes and implements a varying model. Here, every participant has a say in the creation of digital assets and has the liberty to determine the type of storage system that best suits them. In the financial sector, this...
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Coinbase Many Wins in The Mainstream Race and Other Developments Molding the Stance of Crypto In 2020
By:
Nate Urbas
4 March 2020
There are lots of factors limiting crypto’s mainstream movement. One of such is the apparent complexities associated with the technology, particularly when it comes to owning, storing, and transacting digital assets. New entrants have to get acquainted with a lot of terminologies and strange systems before they can start enjoying the benefits of participating in the crypto market. The crypto space must look for ways to simplify the processes involved in owning and spending crypto before the technology can attain...
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The Narratives Projecting Success for The Blockchain Industry In 2020
By:
Nate Urbas
25 February 2020
After the hype that followed the emergence of blockchain in the mainstream investment landscape in 2017 through 2018, the industry went back to basics in 2019 when reality dawned that the technology was far from being able to deliver on a majority of promises heralded as potential applications. However, during this somewhat bleak period, there emerged new narratives that have rekindled blockchain’s prominence in the global market and have set it up for success in 2020. In this article, I...
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High Crypto Crime Rates Threaten Privacy
By:
Nate Urbas
18 February 2020
One of the hottest conversations in the crypto community centers on the recently published security reports berating the use of cryptocurrency for illicit activities. According to Chainalysis’s 2020 crypto crime report, crypto transactions adjudged to stem from illicit activities rose to 0.08% of all the crypto transactions recorded in 2019. Although this stat shows that illicit activity still represents a negligible fraction of the crypto economy, the fact that 2019’s stats doubled 2018’s reported crypto crime data is, however, enough...
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Crypto Lending Is A Paradigm Potent Enough to Topple Convention
By:
Nate Urbas
10 February 2020
The crypto landscape is a multifaceted world where individuals and organizations implement blockchain-based solutions that will rid themselves of the heavy reliance on centralized systems. Since this is the narrative spurring the crypto market, it, therefore, rings true for an emerging crypto sector that promises to disrupt the banking industry and offer solace to the unbanked. Throughout 2019, the crypto lending market performed above expectations, as it continues to stand out as one of the core contributions of the popularly...
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The Relationship Between Bitcoin Halving, Mining Profitability, and Speculation
By:
Nate Urbas
3 February 2020
The prevailing narrative of the upcoming bitcoin halving centers around its perceived impact on the price of bitcoin. A large fraction of crypto enthusiasts believes that the price of bitcoin will surge as a result of increased scarcity when block rewards reduce by a factor of 2. However, people seem to forget that bitcoin halving will likely have a multifaceted impact on the bitcoin economy, which makes such optimistic views somewhat dicey. For one, there is no telling how bitcoin...
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Tax Regulation Would Once Again Lead Crypto Narratives in 2020
By:
Nate Urbas
27 January 2020
It is only a few weeks into the year, and yet, the crypto space keeps on giving – so much so that my projections for the year have begun to look somewhat too conservative. Already, the crypto terrorism narrative has come to the fore, bitcoin has showcased its safe haven capacity, and crypto taxation is once again trending. Of these three trends, reports suggesting new developments, as regards crypto tax regulations in leading crypto-friendling regions is the most recent. I...
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Is Crypto A Pro-Terrorism Technology?
By:
Nate Urbas
20 January 2020
Crypto has been labeled with a lot of unsolicited tags since it cracked the mainstream status. One of the most deafening highlights crypto’s growing influence in the underworld, especially its role in the fight against terrorism. In some sections, there is a notion that the emergence of cryptocurrency made it is dicier for security agencies to track terrorists and their activities. Recently, there was a rehash of this assertion when the Director of a counterterrorism agency in the US allayed...
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