One of the best characteristics of Stablecoins is that it absorbs price volatility for traders to gain confidence in case an abrupt price movement on crrptocurrency market occurs.
Stablecoins are a type of cryptocurrency whose value is pegged to another asset or basket of assets. As the name implies, the concept of stablecoins is to provide stability to their value and to serve as an asset that is not correlated to Bitcoin and altcoins.
One of the many well-known CEO in the cryptospace have manifested strong speculations that Bitcoin price will spike-up after the halving, and others have even encouraged people to buy Bitcoin before the halving happens.
The COVID-19 pandemic has affected the lives of nearly everyone in the world. Millions have been personally affected by the virus itself and millions more have lost their jobs due to the pandemic’s disastrous effect on the economy.
Here are the solid truths about Bitcoin compiled in our weekly News Byte for you to have a clear understanding and a strong realization to its advantages and usability applicable to the modern world we are living in today.
In Part One of this series we compared Bitcoin’s stock-to-flow ratio with that of gold, the world’s traditional safe haven. We have seen that Bitcoin’s scarcity by design is one of the main reasons why it could develop into a safe haven for investors in the near future.
The abandonment of cash is buzzing around nations due to the infection risk spread in paper currencies which could carry a number of micro-organism that are fatal to human interaction and day to day money exchange amidst pandemic.
The author of "Rich Dad Poor Dad", Robert Kiyosaki promoting to buy Bitcoin as the US dollar is dying.
Will Bitcoin be a good investment in times of crisis? What makes Bitcoin scarce and useful? Aaron Koenig explores Bitcoin's potential as a "safe haven" for investors.
We have gathered some of the best ways to earn bitcoin to guide you leverage on cryptocurrency that will help you understand financial freedom from a centralized payment system in our world today.