Tokenization is when you “convert” things into digital assets. Assume you need money and you have a huge car collection with a total of 500,000 items. But instead of selling the whole storage, you want to sell items one by one. You can do it the old fashion way. Call a car dealership and have them sell it, [...]
What is Diem? How does it differ from Libra? Libra, Facebook’s original cryptocurrency, scared a lot of people. They initially proposed it as a currency, backed with multiple traditional low-risk assets for stability. Its aim was to make the process of transferring digital money quicker and easier. But questions about privacy started scaring US and European authorities. Last [...]
There are many different ways you can invest in crypto. 1- through a CryptoIRA 2- trading in cash 3- directly investing in a company developing cryptocurrencies 4- Blockchain ETFs Let’s go through each of them. A CryptoIRA is a common term used when you want to put cryptocurrencies in your self-directed Individual Retirement Account or SDIRA. Yes, you [...]
DeFi is all the rage. Too bad many don’t really understand it. If you are one of them, don’t feel bad. DeFi is a newer term just now coming into wider use. This means that DeFi, short for decentralized finance, doesn’t have a strict definition. At least, not yet. DeFi is a concept of automated financial processes. Basically, [...]
It’s down to $253 as of recording. Last week, Coinbase plunged to an all time low as many investors soured over the newly minted crypto platform. Coinbase is getting dangerously close to the $250 a share required for the stock to begin trading. Just to clarify, this is a reference point set by Nasdaq, not a direct indicator [...]
Just because a crypto trading platform is big, established, and has lots of online reviews and media coverage, does not mean it’s a trustworthy platform. Coinseed, for example, is a spare change investment and social trading platform focused on cryptocurrency. Think Acorns but for crypto. They are being sued for fraud. On May 6, New York Attorney General [...]
With MDM, your cryptos will be protected with military-grade security. This is an unparalleled security feature in the digital space. This means, the same security we use to protect this very country will be protecting your crypto investment. MDM is working in partnership with Genesis to provide this exemplary level of security for your digital coins. Genesis is [...]
The price of the cryptocurrency dogecoin plunged overnight as Elon Musk hosted “Saturday Night Live. or SNL” His backing of dogecoin has been a rallying point for the doge community. SNL was supposed to be the big event that would push Dogecoin to $1. After peaking around 70 cents just before the popular sketch show aired, dogecoin slumped [...]
When Terrance Leonard's dream home came on the market, the one with a big yard for his dog, he pulled the trigger. It was a $650,000 home and all he had was a bunch of cryptocurrency investments to cover a down payment and as proof of funds for the mortgage he took out to buy the home. He [...]
https://www.youtube.com/watch?v=jWQf_KzdcTo There are some who think Apple will start accepting crypto. How do you think this will affect bitcoin’s value? It would give the market its second, if not the, strongest endorsement yet. Tesla’s Elon Musk has been arguably the biggest backer of cryptocurrencies. But when he backed out because of Bitcoin’s energy consumption, Bitcoin lost its [...]
