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Current Trends of FinTech One Must Know in 2021

The Fintech sector will remain to expand and fine-tune in forthcoming years. To be more reliable and satisfy clients, this sector will develop at a much greater pace. Fintech has revolutionized the idea of the way customers obtain their investments. From a mobile payment application to insurance and finance businesses, financial technology has agitated the conventional monetary and financial business. Financial technology is developing and posing a warning to financial institutions. It allows for plenty of different apps that are more client-focused. This digitization handles funds and security, trade assets,…

NFTs are the newest way for indie games to fundraise

On December 6th, just two days after the start of a NFT-backed “card pack” sale for their blockchain-based video game Alien Worlds, the 15-man team behind development studio Dacoco sold out of packs after having successfully raised $250,000. While a quarter million might seem like a pittance in a world where a single NFT critter can fetch six figures and more established games like The Sandbox and Decentraland routinely raise millions, but for a smaller studio it’s the kind of raise that can ensure success for a project — and,…

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Top 5 cryptocurrencies to watch this week: BTC, ETH, LTC, ADA, BNB

Large-cap altcoins are attempting to rally higher but first bulls need to flip $24,000 to support. When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16. By Dec. 19, the price had hit an intraday high at $24,197.46, a 21% rally in four days. These sharp moves in Bitcoin price attract traders who use derivatives to try and amplify…

Digital decentralization is just the beginning. The real world will follow

Decentralization is not a luxury; it is a necessity. In a prescient article in The Atlantic back in 2012, science fiction writer Bruce Sterling referred to the likes of Amazon, Facebook and Google as “The Stacks,” predicting the insidious power grab that has happened in the last decade. As the giant tech companies consume more and more of our lives, the fact that technologies that enable us to push back against them are being developed is not only encouraging: it is essential. Since Bitcoin (BTC) began the process of decentralizing…

Bitcoin’s Support Sits at $19,500 but It Remains Highly Bullish: Analyst

Bitcoin has faced some intense selling pressure following its recent rally past $24,000, but bulls were able to thwart it from seeing any intense selloff as its price navigates back up to this key level. BTC’s continued reaction to this level should provide buyers with some serious insights into where it may trend next. A continued bout of trading below this level potentially elucidates some slight weakness amongst buyers. On the other hand, a flip of this level into support could significantly bolster the crypto’s price action and allow for…

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MicroStrategy CEO offers to share his Bitcoin playbook with billionaire Elon Musk

Michael Saylor, the CEO who made a $425 million bet on Bitcoin earlier this year, is offering to advise Elon Musk on how to get started investing in crypto. According to a tweet posted today, Saylor proposed Musk convert Tesla’s balance sheet into Bitcoin (BTC) — a company whose market capitalization is currently valued at more than $658 billion, according to AssetDash. The MicroStrategy CEO implied a figure like Musk taking the lead on Bitcoin adoption could cause “other firms on the S&P 500” to follow. Saylor then offered to…

Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’ That’s Not a Threat to Gold

Goldman Sachs’ head of commodities research calls bitcoin “the retail inflation hedge” and likens the cryptocurrency to copper. He says gold and bitcoin can co-exist and does “not see bitcoin’s rising popularity as an existential threat to gold’s status as the currency of last resort.” Goldman Sachs on Bitcoin, Gold, Copper, and Inflation Hedge Jeff Currie, global head of commodities research at Goldman Sachs, revealed his outlook for bitcoin, gold, and copper on Thursday. Commenting on the recent surge in bitcoin’s price, he said on Bloomberg Markets that looking at…