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Well, this article is written on a very basic level for new investors in Cryptocurrency as we often come across the term ‘Fiat’ while reading books written on Investment. So, what actually is Fiat Money? To start with, let me ask you a question, what is the value of the Rs 100 note in your pocket? Why do you think that piece of paper is worth Rs 100? Whom are you trusting if you are…

Every other Crypto YouTuber is scouring charts for the next level of Bitcoin support. The largest digital asset by market cap, is currently trading at $33,000 while I write this article. Some analysts anticipate the digital asset could soon reach the $25,000 mark soon. Ethereum is trading at $2400 and is down by 36.45% from a year before. Even outside of the cryptocurrency markets, the Indian Top 50 Large Cap Index Nifty has slumped to…

It has come to the notice of experts that the Argentinean government has made its very first move towards introducing its own CBDC (Central Bank Digital Currency). As per a decree published on April 26 numbered 207/2022, the Argentinean mint has been given legal authority to involve itself in investigating, developing, and issuing digital currencies. Before this, the Argentinean mint only had the power or faculties to print the national fiat currency, the Argentine Peso.…

Flexa is an instant payment and anti-fraud network for digital assets. Using a Flexa-enabled wallet app, anyone can spend a variety of cryptocurrencies, ERC20 tokens, stable coins, and rewards points – instantly, privately, and for free – on multinational brands across the United States and Canada. Paying with Flexa takes less than a second, in-store or online. And because Flexa is essentially made up of decentralized infrastructure, its network is faster, safer, and more secure…

Inflation is one of the most important economic elements that determines a country’s costs and affordability. It has the ability to both increase demand during a recession/economic slowdown and devalue millions of people’s wealth at the same time. It has suddenly become a buzz term in the economy during the last couple of years, as the price of everyday commodities in India has begun to rise. Looking at the facts, India’s average inflation rate has…

Having a well-balanced portfolio is more important than ever. Investors building personal portfolios must diversify based on multiple factors like risk, asset class, sector, volatility, Inflation & so on. Some might have a higher risk appetite than others by investing a significant portion in riskier bets like Equities & Crypto. Others might look toward allocating a large part of their portfolio to safe-haven assets like Gold, Silver & Fixed Deposits. Before we talk more about…

Stable coins are the bridge between the world of cryptocurrencies and everyday fiat money, as their prices are pegged to a reserve asset such as the US dollar/Euro or gold. This significantly reduces volatility compared to something like Bitcoin and leads to a form of digital currency that is more suitable for everything from day-to-day transactions to exchange conversions. Stable coins in a few words Coins have an asset reserve that assures buyers that the…

In the time of war, it seems crypto is proving to be beneficial for both Ukraine and Russia as both of them are buying crypto like never before. As the war wages on, it has come to notice that millions of dollars have started to flow into Ukraine in the form of crypto donations to support Ukraine’s army and several hacktivist groups supporting Ukraine. Further, the Ukrainian government has also officially started to accept crypto…

Hey, their guys, you all probably know by now that the US is not a big fan of El Salvador’s Bitcoin adoption law and now a group of US senators have introduced new legislation called the Accountability for Cryptocurrency in El Salvador (ACES) Act which is focused on studying and analysing the effects of the Bitcoin law in El Salvador and mainly its effect over the US financial system. Plus, it has another key agenda…