Should you bank on Ethereum instead?
Hegion
by James A. Broner
3y ago
This article on Ethereum (blockchain) first appeared on ValueChampion. The view is solely by the author of the original article on ValueChampion. Follow Hegion for alternate blockchain and crypto news. Ethreeum (price) refers to a decentralised, open-source blockchain technology which serves as a ledger to keep track of transactions. Based on blockchain technology, Ethereum is a league in its own rights. Ledgers are the foundations of cryptocurrency transactions and Ethereum’s native cryptocurrency is called Ether (ETH). Similar to Dogecoin, Ethereum has been seeing exponential growth this pas ..read more
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The ‘Sunday Effect’ Sends Crypto Crashing on Weekends. Coincidence or Not?
Hegion
by James A. Broner
3y ago
Editor’s Note: This article about the “Sunday Effect” originally appeared on GOBankingRates.com. We always wanted to know why Cryptocurrency value often plummet going in to the weekend. Do you agree with this article? Follow Hegion for alternate blockchain and crypto news. The article appeared on both GOBankingRates and Yahoo! Ever heard of the “Sunday effect”? Lately, it seems every weekend, crypto values plummet – and it’s a trend with major ramifications for the future of crypto as a serious investing contender. Investors and investment managers have anxiously been awaiting a decision from ..read more
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China’s crackdown raises the profile of the crypto mining hub next door.
Hegion
by James A. Broner
3y ago
Hegion’s take on this article: One man’s poison is another man’s meat. This move is not new. Countries, companies, humans have been leveraging on each other since the beginning of humankind. What may seem thrash to one, the other sees its value. This article about crypto mining was published on Fortune, written by Yvonne. During China’s State Council meeting on May 21, Vice Premier Liu He called for a clampdown on cryptocurrency mining and trading, citing social and financial risks. His remarks prompted some domestic crypto mining companies to pull up stakes. What China lost seems to be a gain ..read more
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Why Ethereum Is ‘On Track’ To Surpass Bitcoin’s Market Cap. Really?
Hegion
by James A. Broner
3y ago
This article was first published on Forbes. At Hegion, we feel that this article makes good sense and it is something that is highly plausible. With a working viable product, supporting countless other decent and fantastic projects, it is definitely on-track to surpass the once mighty Bitcoin dominance. The rest of the article below first appeared on Forbes. Happy reading. Bitcoin and ethereum have seen their rivalry increase in 2021 as the battle for dominance among cryptocurrencies heats up. The bitcoin price has soared by almost four-fold over the last 12 months, however, the ethereum price ..read more
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Gold Is Good But Bitcoin could be Better – according to a $7.5 Billion Hedge Fund.
Hegion
by James A. Broner
3y ago
(Bloomberg) – Gold will surge to fresh highs in the next year, but investors seeking currency alternatives as global debt balloons should look to Bitcoin, according to a $7.5 billion hedge fund. Both are likely to rally even as the Federal Reserve moves to taper asset purchases, said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital. The two are frequently compared by investors, with former Treasury Secretary Lawrence Summers saying cryptocurrencies could stay a feature of global markets as something akin to digital gold. “We’re going to stick to Bitco ..read more
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Bitcoin: El Salvador plans to make cryptocurrency legal tender.
Hegion
by James A. Broner
3y ago
El Salvador’s president says he will make the Bitcoin crypto-currency legal tender in the country. If his plan is backed by congress, the Central American country would be first in the world to formally adopt the digital currency. It would be used alongside the US dollar, El Salvador’s official currency. President Nayib Bukele says Bitcoin will make it easier for Salvadorans living abroad to send payments home. “In the short term, this will generate jobs and help provide financial inclusion to thousands outside the formal economy,” Mr Bukele told a Bitcoin conference in Florida, adding that it ..read more
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Bitcoin, banks and blockchain: These are the Institutional thoughts.
Hegion
by James A. Broner
3y ago
As cryptocurrency prices took off towards the end of last year, banks and institutional investors were keeping their eyes peeled. Most of the biggest names on Wall Street and in the City have now announced plans to offer their clients access to cryptocurrencies. Some, however, have opted to lean away from the trend as environmental, social and governance concerns abound. The value of cryptocurrencies has continued to swing wildly. Bitcoin was at one point close to doubling in value this year, as it reached an all-time high of $64,829. The token has since suffered a series of major fa ..read more
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Cardano bridges the gap to China by teaming up with Nervos blockchain.
Hegion
by Charlie
3y ago
Chinese public blockchain Nervos and blockchain engineers IOHK are teaming up to create a cross-chain ‘bridge’ to connect the Cardano and Nervos networks. The move represents Cardano’s first bridge interconnecting two ecosystems worth billions of dollars. It furthers Nervos and Cardano’s shared goal of finding the blockchain industry’s ‘bluetooth moment’, where users have a seamless experience when using blockchain networks, regardless of which chain they are using. The bridge will allow users to transact with Nervos and Cardano’s native currencies (CKB and ADA, respectively) as well as create ..read more
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China’s Robinhood rivals pile into the crypto craze as they look to compete overseas.
Hegion
by Charlie
3y ago
Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to compete overseas. Futu and Tiger Brokers said this month they are applying for licenses in Singapore and the U.S. that will allow local customers to trade cryptocurrencies. The move comes as digital currency prices fall and Beijing increases its efforts to limit speculation in the market. Follow Hegion.com twitter for alternate blockchain and cryptocurrency news. BEIJING — Two of China’s rivals to stock trading app Robinhood are looking to cryptocurrencies as a way to compete overseas. The compan ..read more
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Founder Fireside Chat with Clayton Roche of UMA
Hegion
by DeFi Pulse
3y ago
The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. In this installment, we sat down with Clayton Roche, Community Lead at UMA and Co-founder of the DeFi Nation group, who offers a unique perspective on the trials of building a new industry. I’ll be precise with my answer and list a few things that set UMA apart. UMA’s contracts are self-contained, so any issue with one collateral type will not affect neighboring contracts. UMA allows f ..read more
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