Is bitcoin gearing up for an unprecedented move? August 13, 2020 As debates on bitcoin and alternative asset classes circle the internet, all signs point towards bitcoin leap-frogging the entire cryptocurrency industry into the next paradigm – and the best part is: this is not hyperbole. Indeed, the news that emerged this week about MicroStrategy purchasing a total of 21,454 bitcoin ($250,000,000) cannot not be taken [...]
Cryptocurrency and blockchain can help solve many problems for the unbanked and the financially excluded August 11, 2020 Successful British entrepreneur Richard Ells has been around computers and coding from a very early age, and at age 26 he launched an internet business that would later win him an award, but it was not until he launched cryptocurrency start-up Electroneum in 2017 that he felt he could help make a difference in people’s [...]
Crypto AM shines its spotlight on Novum Insights August 11, 2020 Staying ahead of the trends in these times of ever-accelerating technology change provides real opportunity but has also never been more challenging. The blockchain and crypto markets are some of the best placed to ride this wave. This is because the real-time data from these markets is being created by networks, which were specifically designed [...]
Bitcoin and Ethereum Roar Higher as Ethereum Classic Suffers Attacks August 11, 2020 This week the price of Bitcoin (BTC) went from about $10,200 to briefly surpass the $12,000 mark before traders realized gains and moved the cryptocurrency back to $11,700 in a quick sell-off. The cryptocurrency is seemingly slowly moving back up as bullish sentiment prevails. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week [...]
How to fail in fixing Crypto Projects : Underestimate The Hype Factor August 11, 2020 Phew! I mean, literally, “PHEW!” I just finished a two-month consultancy for an emerging crypto project. I usually stick to blockchain and avoid crypto, but this project looked exciting, and it helped that a trusted colleague made the introduction inviting me to provide strategy and support. Just like the crypto project that got me into [...]
What is Decentralized Finance (DeFi)? August 10, 2020 Decentralized finance, also known as DeFi, is a fast-growing sector of the cryptocurrency industry. While cryptocurrency coins create a decentralized store of value separate from any government-backed fiat currency, DeFi creates decentralized financial instruments separate from traditional centralized institutions. Although still small when compared to the global economy, DeFi has seen rapid growth in 2020. [...]