Populous Ready To Pop? Let’s See

Populous Ready To Pop Let's See

Invoice Financing In This Brutal Small Business Depression In this article we will discuss whether Populous may be ready to overcome many of their past problems. Let’s see if if we can answer “Is Populous Ready To Pop? Specifically we’ll cover: (1) What is Populous and how can their business benefit from small business cash flow problems. (2) What the charts look like from a Technical standpoint (3) As previously discussed we look for positive divergences and we’ll will highlight the enormous positive divergence on PPT/USD. What Is Invoice Financing…

Is StormX About To Make It Rain?

Is StormX About To Make It Rain?

StormX May Be On The Verge Of Breaking Out Higher? StormX may not be on everyone’s screens during this time of absolute FOMO but we will list our reasons why StormX may be on the verge of breaking out higher or atleast answer the question Is StormX About To Make It Rain? Here is what we will cover in this article: (1) What is StormX (2) A look at a basic chart for the last few months (3) We’ll take a look at a few indicators and what they tell…

How long before a BTC ETF?

How long before a BTC ETF?

How long before a BTC ETF? For the investor, crypto currencies are an emerging asset class. They are not securities and so are not regulated. This poses a risk since, without regulatory oversight, crypto currencies can be manipulated. A crypto currency ETF would call for regulatory frameworks that protect investors while also providing exposure to the digital assets in a transparent and accountable way.  Of the several crypto currencies that are candidates for an ETF, Bitcoin is perhaps the most likely though crypto currencies ETFs, when they are eventually launched,…

Voyager Digital Crypto Review Of Recent Events

Voyager Digital Crypto Review Of Recent Events

Voyager Digital Crypto Review of Recent Events A wave of announcements ranging from strong positive quarterly numbers to mergers  and new features added to its brokerage platform makes Voyager Digital a company that is promising for its offerings and execution at this juncture. Let’s look at Voyager Digital Crypto Review of Recent Events. Voyager Digital, a public agency crypto broker regulated under FinCen , offers custody and broking for digital assets. Its iOS and Android apps also provide tools such as advanced charting, news and research. The apps connect to…

Monero: The Last Stand for Freedom

Monero: The Last Stand For Freedom

Monero: The Last Stand for Freedom Privacy currency Monero has been rallying recently, reaching a two year high of  $134.34 on October 13. It is the 15th largest digital coin by market capitalization at the time of writing. Let’s take a look at why we say Monero: The Last Stand For Freedom. The rally was seen in other privacy coins as well such as Zcash and Zcoin and comes in the wake of international demand for strong encryption. A recent joint statement by the US, UK, Australia, Canada, New Zealand,…

Best Performing Cryptos 1H 2020

Best Performing Cryptocurrencies

Best Performing Cryptos The first half of 2020 saw the explosion of DeFi as users saw the potential of decentralized platforms for performing traditional financial transactions such as lending and borrowing, trading and holding assets in several forms while generating returns either through yield, trading fees, staking, interest or dividends. Let us take a look at the best performing cryptos of 1H 2020. Despite the market crash in March, several altcoins have rallied on the strength of the DeFi promise. While Bitcoin also rallied, the show clearly belonged to DeFi…

Is DeFi for Real?

Is Defi For Real?

What Is DeFi And What Is It Used For? Decentralized Finance or DeFi has several use cases today, but the technological and regulatory frameworks needed to mainstream it are yet to evolve. DeFi is a novel way of approaching financial transactions that removes the need for custodial and third party agencies between any two users in a transaction. Traditional banks and financiers are no longer needed for financial dealings in DeFi, allowing it to offer more choices for secure transfers to a wider customer base. Users can choose from several dApps…

Record Ethereum Network Use and Gas Fees Pose Risk to DeFi Expansion

The number of Ethereum network transactions more than doubled in 2020 and is now virtually identical to the January 2018 all-time high.  As shown on the chart below, the number of transactions doubled in the past six months to stand at 1.23 million per day.  Ethereum 7-day average daily transactions. Source: CoinMetrics This situation might seem very bullish at first, but one must remember both EOS and Tron (TRX) started as ERC-20 tokens before launching their own mainnet and running fully independent blockchains. A similar chain migration is happening on…

Ireland Will Transpose Latest EU Anti-Money Laundering Rules Into National Law

Cryptocurrency firms in Ireland will soon be regulated in line with the latest European legal framework for the prevention of money laundering and terrorism financing. On Aug. 10, the Cabinet of Ireland approved a bill to transpose the criminal justice elements of the European Union’s Fifth Anti-Money Laundering Directive (AMLD5) into national law, thereby strengthening existing legislation.  Approval from the Cabinet gives Ireland’s Minister for Justice and Equality, Helen McEntee, the go-ahead to publish the new bill, entitled The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020.  Among…

New York Financial Regulator Greenlights 10 Tokens for Custody

The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities. According to a Aug. 3 update on the New York Department of Financial Services website (NYDFS), state regulators have approved 8 cryptocurrencies for listing and trading. These tokens include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance USD (BUSD), Gemini Dollar (GUSD), Pax Gold (PAXG), and the Paxos Standard Token (PAX). The NYDFS also greenlighted the same coins for…