Tag: Cryptocurrency
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Top 10 Biggest Scandals In Cryptocurrency
Cryptocurrency has emerged as a revolutionary technology that promises to disrupt traditional financial systems. While the industry has seen tremendous growth over the years, it has also been marred by several controversies and scandals. From exchange hacks and market manipulations to Ponzi schemes, and the latest FTX collapse — the cryptocurrency market has witnessed its fair share of…
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Financial Inclusion and Cryptocurrency
Financial Inclusion and Cryptocurrency: What is Financial Inclusion and Why Is It Important? Financial inclusion is a critical issue affecting millions of people worldwide, particularly those living in developing nations. Many people in these countries lack access to traditional financial services, such as banks and credit cards, which can limit their ability to participate fully…
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The differences between Digital Currency and Cryptocurrency
With the rise of digital technologies, the way we conduct transactions has changed dramatically over the last few years. Electronic payments have become the norm, and people are moving away from physical cash toward digital currencies and cryptocurrencies. Though digital currencies and cryptocurrencies are both used for electronic transactions, they have several key differences. In…
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CBDC: All You Need to Know About Government-Issued Digital Currency
The world is changing. Governments all over the world are beginning to take notice of blockchain and starting to see its potential. In fact, some governments are even starting to adopt cryptocurrencies themselves.It’s not just a handful of countries either — just about every country in the world is testing out crypto in one way…
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AI & Cryptocurrency: How the two technologies can intertwine?
In the fast-paced world of technology, Artificial Intelligence (AI) and Cryptocurrency have emerged as two of the most exciting and innovative fields. These technologies are disrupting traditional industries and revolutionizing how we think about finance and commerce. From AI-powered trading systems to blockchain-based payment systems, the potential applications of these technologies are vast and far-reaching.…
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10 ways Cryptocurrency is changing the world
Cryptocurrency has been making waves since its inception in 2009 with the launch of Bitcoin. Initially, it was met with scepticism and apprehension, but over the years, it has proven its worth and has transformed the world of finance. Today, Cryptocurrency has not only become a viable investment option but has also changed the way we perceive and interact with…
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Why 2023 Is Crucial For The Future Of Cryptocurrency
Why 2023 is an important year for cryptocurrency With Cryptocurrency still quite volatile to extreme changes in price, 2022 was a bad year for the industry. In the first half, the value of Bitcoin and Ethereum crashed by more than 50%. This made it the worst quarter for Bitcoin since 2011 when it lost nearly 58% of its value. In…
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The Significance of Cryptocurrency During A Recession
The role of cryptocurrency in a recession The buzz around cryptocurrency and how it’ll be affected by economic inflation is ever-rising. Inflation is the general increase in prices of goods and services over time while the purchasing power of money reduces. As prices increase, the value of money decreases, and investments that don’t keep pace with inflation can lose value…
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How to file taxes on Cryptocurrency in 2023
Cryptocurrency has become an increasingly popular investment option, with many individuals and businesses buying, selling, and trading various digital currencies. However, as with any investment, it’s important to understand the tax implications of your cryptocurrency activities. Each country has its own rules and regulations when it comes to cryptocurrency taxation, and it can be challenging…
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The Bullish & Bearish Crypto Markets
Investing takes time and effort. You may do everything right, but circumstances beyond your control can see the market rise meteorically or crash spectacularly. Bullish markets are when investors are optimistic and stock prices are rising. This is typically characterized by strong economic growth, low unemployment, and increasing corporate profits. On the other hand, bearish…