Greed, Lies and FTX: Is Crypto a Force for Good or Evil?
Despite the headlines, the industry still has a lot to offer the world, says the Giving Block's Pat Duffy. Pareidolia is a phenomenon where people see a pattern where there isn’t one (like a face on the moon). The tendency to look for patterns where there are none is helpful in the wild: It’s better to see illusory predators than to miss the ones that are out to kill you. When it comes to thinking clearly, however, it has its drawbacks. Association fallacies are everywhere. From a red he...
Greed, Lies and FTX: Is Crypto a Force for Good or Evil?
Despite the headlines, the industry still has a lot to offer the world, says the Giving Block's Pat Duffy. Pareidolia is a phenomenon where people see a pattern where there isn’t one (like a face on the moon). The tendency to look for patterns where there are none is helpful in the wild: It’s better to see illusory predators than to miss the ones that are out to kill you. When it comes to thinking clearly, however, it has its drawbacks. Association fallacies are everywhere. From a red he...
Mobile money in Ghana isn’t all good news: customers are paying a hefty price
Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the delivery and use of financial services. Mobile money in Africa was spearheaded by Kenya’s M-Pesa in 2007. Ghana’s MTN MoMo followed in 2009. Mobile money is a pay-as-you-go digital medium of exchange and store of value using mobile money accounts a...
Mobile money in Ghana isn’t all good news: customers are paying a hefty price
Fintechs, notably mobile money, have transformed banking and finance in developing and emerging economies in Africa and beyond. Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the delivery and use of financial services. Mobile money in Africa was spearheaded by Kenya’s M-Pesa in 2007. Ghana’s MTN MoMo followed in 2009. Mobile money is a pay-as-you-go digital medium of exchange and store of value using mobile money accounts a...
Top 9 Cryptocurrencies That Are Worth the Investment
Over the past decade, cryptocurrencies have become the most popular form of alternative investment. With thousands of coins to choose from, one might get confused about which cryptocurrencies to invest in. Choosing such an investment requires an understanding of the field of cryptocurrency, digital money, and altcoins. In this article, we highlight the paramount aspect of ranking top coins on the basis of market capitalization. Here are the most significant market cap cryptocurrencies to inve...
Top 9 Cryptocurrencies That Are Worth the Investment
Over the past decade, cryptocurrencies have become the most popular form of alternative investment. With thousands of coins to choose from, one might get confused about which cryptocurrencies to invest in. Choosing such an investment requires an understanding of the field of cryptocurrency, digital money, and altcoins. In this article, we highlight the paramount aspect of ranking top coins on the basis of market capitalization. Here are the most significant market cap cryptocurrencies to inve...
Bitcoin Fails to Break Resistance Level. Analyst Predicts What’s Next
Bitcoin once again struggled to break through its key resistance level in the face of new consumer price index (CPI) data, coiling back to its starting point after nearly breaching the $31,000 mark. as detailed by Glassnode co-founder Yann Allemann, the quick rise and subsequent fall of the cryptocurrency was driven by carefully placed buy and sell walls designed to limit volatility. The muted reaction of Bitcoin to the CPI data suggests that it may already have priced in the economic indicat...
Bitcoin Fails to Break Resistance Level. Analyst Predicts What’s Next
Bitcoin once again struggled to break through its key resistance level in the face of new consumer price index (CPI) data, coiling back to its starting point after nearly breaching the $31,000 mark. as detailed by Glassnode co-founder Yann Allemann, the quick rise and subsequent fall of the cryptocurrency was driven by carefully placed buy and sell walls designed to limit volatility. The muted reaction of Bitcoin to the CPI data suggests that it may already have priced in the economic indicat...
Europe’s first bitcoin ETF launches after delaying for a year
Jacobi Asset Management, a London-based asset investment platform, is ready to launch Europe’s first bitcoin exchange-traded fund (ETF) after a year of delays. The bitcoin ETF was originally announced to list on Euronext Amsterdam in July 2022 but was postponed due to the timing not being right in the market.Bitcoin ETF back on track in EuropeThe bitcoin ETF was initially approved by the Guernsey Financial Services Commission (GFSC) to launch in October 2021, granting it the ability to trade ...
Europe’s first bitcoin ETF launches after delaying for a year
Jacobi Asset Management, a London-based asset investment platform, is ready to launch Europe’s first bitcoin exchange-traded fund (ETF) after a year of delays. The bitcoin ETF was originally announced to list on Euronext Amsterdam in July 2022 but was postponed due to the timing not being right in the market.Bitcoin ETF back on track in EuropeThe bitcoin ETF was initially approved by the Guernsey Financial Services Commission (GFSC) to launch in October 2021, granting it the ability to trade ...