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Correction Is King In Crypto

Remember how crypto looked so promising at the start of August and how we all thought we would be retired millionaires by the end of the month, well realism strikes again as Bitcoin slumps to new monthly lows, depressing as all and truly making us wonder why we bother. Please don’t let this down period get the better of you, remember that correction is always king in cryptocurrency and that if anything, as a good investor you should have expected this to happen anyway. In the wake of a bull run or a huge spike in value, the value of...

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First Cryptocurrency, Now Smart Contracts: Banks Are Being Replaced Piece By Piece

What do you think money will look like in 10 years? You can already get a glimpse of the future by looking at cryptocurrencies. Cryptocurrencies are probably going to be considered one of the most important inventions of our century simply because they redefined how money is issued and stored. Cryptocurrencies have so many advantages, compared to fiat money, that governments already started developing and launching their own blockchain-based money. Of course, they do it for different reasons: governments like the traceability of blockchain. That’s why soon we’ll see a Chinese digital currency, issued by its central bank, with partial...

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If Libra Isn’t The New World Currency, What Else Could It Be?

We are, without a doubt, the closest we’ve ever been to a digital global currency. This is an exciting development, but before we make our final departure into the seas of the unknown we need to ensure that the captain we’ve elected to guide our ship has our best interests at heart.  Facebook is a household name, but does that automatically make them qualified to lead us in this digital revolution? They have lofty goals, to say the least, that include replacing all forms of paper money, providing economic opportunities to the under and unbanked, and advancing financial inclusion across...

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How The Entertainment Industry Would Turn Into A Liquidity Source For Cryptocurrencies

Cryptocurrencies may be the best thing since sliced bread but they still have very limited liquidity in the grand scheme of things. What is liquidity? Well, it’s the classification we give to various assets to determine how fast they can be sold or how often we can use them in exchange for other goods and services. Right now, cryptos have very limited liquidity as they can either be used to buy other cryptos or just to buy fiat currencies. In order for the blockchain become what it’s currently being predicted to be in 10 years, we need to increase its...

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Leading Analyst Predicts Litecoin To Zoom 100% Past Bitcoin

The recent block reward halving on Litecoin was planned to be a bullish catalyst for the price of Litecoin. This highly anticipated event wasn’t able to assist in the cryptocurrency rally against bitcoin though… What actually happened was the worst for Litecoin and just added more fuel into the critics camp. Nevertheless, one analyst believes that the price of Litecoin is on the verge of surging by 100 percent against the leading cryptocurrency. That analyst goes by the name of ‘Trader Max’ and is the head analyst at bravado Trading. When looking at it from the short-term perspective, it seems...

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