DeFi Is the Way Forward, but It Needs to Evolve
The technical foundation of DeFi has proven to be incredibly resilient to the catastrophic market events of the last few months. The opportunity for building a new generation of financial services on DeFi rails has never been bigger, but the space needs to address some notable challenges. The recent events in the crypto markets have reaffirmed the value proposition of decentralized finance (DeFi) as one of the core building blocks of the future of digital assets. However, the DeFi space has a...
DeFi Is the Way Forward, but It Needs to Evolve
The technical foundation of DeFi has proven to be incredibly resilient to the catastrophic market events of the last few months. The opportunity for building a new generation of financial services on DeFi rails has never been bigger, but the space needs to address some notable challenges. The recent events in the crypto markets have reaffirmed the value proposition of decentralized finance (DeFi) as one of the core building blocks of the future of digital assets. However, the DeFi space has a...
Bank account closures don’t just affect ‘politically exposed persons’ – sex workers have struggled with financial exclusion for years
The fallout over the closure of Nigel Farage’s bank account has shed light on how financial institutions handle “politically exposed persons”, whom they may view as high-risk clients. Farage, the former Ukip leader, who held a bank account at the NatWest-owned private bank Coutts, obtained and published a dossier showing that the bank closed his account after identifying him as a reputational risk. The internal report stated that Farage’s views “do not align with our values”. Two executives a...
Bank account closures don’t just affect ‘politically exposed persons’ – sex workers have struggled with financial exclusion for years
The fallout over the closure of Nigel Farage’s bank account has shed light on how financial institutions handle “politically exposed persons”, whom they may view as high-risk clients. Farage, the former Ukip leader, who held a bank account at the NatWest-owned private bank Coutts, obtained and published a dossier showing that the bank closed his account after identifying him as a reputational risk. The internal report stated that Farage’s views “do not align with our values”. Two executives a...
Popular cryptocurrencies in the Philippines
Cryptocurrencies are the next big thing that everyone wants to invest in it. It is a form of digital payment that can be exchanged to buy goods and services. There are many types of cryptos worldwide. All of them are digital and only exist within the infrastructure of your computer. If you are in the Philippines and looking to invest money, it would be helpful first to understand the local market scenario. The Philippines is probably the world’s fastest adopter of cryptocurrencies, with 40% o...
Popular cryptocurrencies in the Philippines
Cryptocurrencies are the next big thing that everyone wants to invest in it. It is a form of digital payment that can be exchanged to buy goods and services. There are many types of cryptos worldwide. All of them are digital and only exist within the infrastructure of your computer. If you are in the Philippines and looking to invest money, it would be helpful first to understand the local market scenario. The Philippines is probably the world’s fastest adopter of cryptocurrencies, with 40% o...
Bitcoin (BTC) Eyes $37K as Crypto Trader Reveals Rare Price Formation
Classical chart trader Aksel Kibar has spotted a rare price formation for Bitcoin. The crypto trader highlights two chart patterns for the lead crypto asset and their potential price targets. The first is a bull flag, which is often spotted in an uptrend, where the price is likely to continue upward.$BTCUSD with its 2 chart patterns and price targets. I'm waiting for a breakout confirmation above 31.2K. #cryptocurrencies pic.twitter.com/SuwQO7iVoC — Aksel Kibar, CMT (@TechCharts) July 12...
Bitcoin (BTC) Eyes $37K as Crypto Trader Reveals Rare Price Formation
Classical chart trader Aksel Kibar has spotted a rare price formation for Bitcoin. The crypto trader highlights two chart patterns for the lead crypto asset and their potential price targets. The first is a bull flag, which is often spotted in an uptrend, where the price is likely to continue upward.$BTCUSD with its 2 chart patterns and price targets. I'm waiting for a breakout confirmation above 31.2K. #cryptocurrencies pic.twitter.com/SuwQO7iVoC — Aksel Kibar, CMT (@TechCharts) July 12...
Bitcoin Bear Market Over, Here Are Signs: Source
For about three weeks now, the price of Bitcoin (BTC) has maintained a steady gait around the psychologically important level above $30,000. Despite the frequent fluctuations and uncertainties on the market, Bitcoin has remained resilient, pushing top analysts and creators of the stock-to-flow (S2F) model PlanB to predict that the bear market might be over. Taking to his official Twitter handle, PlanB congratulated his more than 1.8 million followers for surviving what he termed the "worst Bi...
Bitcoin Bear Market Over, Here Are Signs: Source
For about three weeks now, the price of Bitcoin (BTC) has maintained a steady gait around the psychologically important level above $30,000. Despite the frequent fluctuations and uncertainties on the market, Bitcoin has remained resilient, pushing top analysts and creators of the stock-to-flow (S2F) model PlanB to predict that the bear market might be over. Taking to his official Twitter handle, PlanB congratulated his more than 1.8 million followers for surviving what he termed the "worst Bi...