What you should know about the monetary system – Part 3 The Future

world peace, monetary system

We have already talked about how the monetary system has evolved and what it looks like now. That leaves the last part, which is to look into the future, where the monetary system may be heading. Let’s take a look. If you missed previous parts of this article, you can find it here: Part 1

Hot news: Chainalysis – Cryptocurrency adoption is skyrocketing

state security, chainalysis

Key message: Chainalysis suggests that cryptocurrencies became a truly global phenomenon by 2021. This data comes from the Global Cryptocurrency Adoption Index for 2021. People from “emerging markets” who really need crypto, are becoming increasingly engaged in the crypto space. Top 20 countries The company ranked countries by their cryptocurrency adoption rates. Most of those

Hot news: Uniswap hits milestone of $1 billion in fees

SDR, problems, uniswap

Key message: Leading decentralized exchange (DEX) Uniswap has become the first DeFi protocol to generate more than $1 billion in platform fees for liquidity providers. This makes it the first DeFi protocol to break the 1 billion mark in fees. Uniswap and fees Lucas Outumuro, head of research at IntoTheBlock, shared a chart on Twitter

Hot news: Biden administration backs Proof of Work benefit

update, biden, CFTC

Key message: the Biden administration has backed an amendment to an important bill in the US Senate. The amendment would impose onerous, if not impossible, tax obligations on the entire crypto industry. The proposal was introduced by Senators Rob Portman (R-Oh) and Mark Warner (D-Va). This is a very surprising move. Biden’s support This amendment

Ethereum is outperforming itself, what are the reasons?

ethereum, week 28

If you’ve been watching what’s happening in the cryptospace, you’ve definitely not missed the epic growth of Ethereum, which recently broke through its ATH of $4,200. In two weeks, it basically quadrupled its value, which is a very impressive growth. Let’s see if this growth can continue. Why it matters The crypto market has spread

Week 12 – Overview of fundamentals and markets

debt, week 12, XLM

Welcome to our weekly brief. Here you will find what is going on on the markets and what are expected events in week 12. It should help you with jumping back on track.  Fundamentals and expected events: week 12 Cryptomarkets: After weekend of price declines, the cryptocurrency market began to recover as Bitcoin jumped to

The world needs a new financial system – and here’s why

financial system

The financial system we know is outdated and could allow bad things to happen. Let’s take a look how one event showed the wrong side. Greed is bad We have already written to you about what happened to GameStop trading. It was an attempt by investors from the Reddit forum r/WallStreetBets to thwart the plan

Week 07 – Overview of fundamentals and markets

digital currencies

Welcome to our weekly brief. Here you will find what is going on on the markets and what are expected events in week 07. It should help you with jumping back on track.  Fundamentals and expected events: week 07 Cryptocurrencies: Cryptomarket underwent a slight correction after Bitcoin was rejected again at $ 50,000. The slump

To follow or not to follow: Part 2 – trends to follow in crypto

trends, TA BTC

We continue to bring you an overview of interesting trends worth following next year, this is part 2 of a 4 part article. Part 1 can be found here. Let’s take a look at what trends are worth following closely. DeFi and its world DeFi, or decentralized financial system, is one of the fastest growing

Is decentralized finance the future of 21st century or a bubble?

banknotes

Decentralized finance is so far thriving in cryptospace. DeFi is evolving in various ways, finding its supporters and opponents. Let’s see where DeFi came from and why some people perceive it as a bubble. DeFi vs. ICO DeFi was created in 2017. Due to the events of this year, people considered it to be another

Can decentralized finance be the solution for our economic system?

decentralization, finance, money

Things are changing around us. Whether it’s finance, business or everyday life. These changes also concern centralization and decentralization. Let’s take a look at a difference between centralization and decentralization and how they interfere with our lives. Centralization and decentralization While in a central system, central component is appointed and has assigned powers and responsibilities