Blog posts tagged by tag: Cryptocurrency
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400% growth in NFTs: A revolutionary technology or a bubble about to burst?
Non-fungible tokens (NFTs) are certificates of ownership for digital artwork. The certificates are registered on a blockchain, which is a digital record that cannot be changed or tampered with. People hold NFTs primarily to gain exclusive rights to digital pictures and videos and because they are status symbols. NFTs can then be sold on secondary markets, and—as last year proved—can fetch hefty returns for creators and sellers in the process.
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Central Bank digital currencies: The future of money?
While the pace of the transition varies wildly from country to country, the tide of thought is gradually turning in favor of Central Bank digital currencies (CBDCs). In our latest insight piece, we examine what is motivating central banks to take this step, and the potential implications of CBDC adoption for the economy.
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From Riches to Rags: Have Cryptocurrencies Crashed for Good?
Last year, cryptocurrencies made headlines as their value continued to rocket up, reaching a high of around $20000 in December. Bitcoin has recently drifted from the public spotlight, but not before its value crashed drastically in the space of a few months at the start of 2018.
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21 experts tell us what the future looks like for cryptocurrencies and blockchain
It’s been a little over nine years since Satoshi Nakamoto, the anonymous creator (or creators) of Bitcoin, published the paper entitled Bitcoin: A Peer-to-Peer Electronic Cash System. Written off for many years, Bitcoin and other cryptocurrencies have since risen to prominence and economists, traders, financial gurus, central bankers and other financial authorities around the world are taking notice.
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The majority of economic news has been decidedly gloomy in recent months. However, there is one region we cover whi… https://t.co/RPiZ9JDfms
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