Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency

Hierarchies of Money - Why You Use Bank Money but the Bank Wants Reserve CurrencyWhile people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money […]

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Ethereum’s Value Transfer Is Now Dominated by Stablecoins

Research Shows Ethereum Blockchain Dominated by StablecoinsThe Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also […]

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Cardano Price Analysis for January, 31th – ADA: All Good Regardless of Correction

CardanoBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, the ADA cryptocurrency has slumped into a correction, which, after the robust and stable growth in January, looks logical. The cryptocurrency is generally trading around $0.0541. On D1, analyzing the long-term technical picture of the Cardano development, we can notice that the general trend looks like a quite wide narrowing channel. After a bounce off the lower border, a convergence on the MACD, a breakout of the resistance line of the previous channel, the quotations started developing an uptrend. The aim of the trend is the upper border of the general

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Google Executive From India Joins Coinbase as Chief Product Officer

Google Executive From India Joins Coinbase as Chief Product OfficerA Google executive from India has joined Coinbase as the new chief product officer after 11 years at Google. He aims to help Coinbase make cryptocurrency mainstream. “I am excited about what crypto and blockchain technology can do to democratize our financial systems,” the executive said, citing his experience growing up in India and the […]

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