Bitcoin provides an efficient way to transfer money over the Internet and it’s regulated by a decentralized network with transparent terms, thus presenting an alternative to fiat money controlled by the central bank. There has been a lot of talk about price of bitcoin, and we set out here to explore what cryptocurrency would look [...]
Bitcoin using blockchain technology and generated 155% annual gain over the last 5 years. Blockchain technology has gained momentum since 2009. Not only has the value of bitcoin increased, but awareness of its importance and greater confidence among investors has also increased. Crypto is used for everyday purchases more than what the general public is [...]
The past year has seen a 21st century gold rush, and speculators have been falling over themselves for a piece of the action. The discovery of gold always brings a world in its wake and bitcoin – a virtual currency “mined” using a computer – is no exception. In recent years Bitcoin's price has seemed to continue [...]
Majority of countries have their own central bank, which issues currency, defines monetary policy and ensures the proper functioning of the banking system. In Europe, however, adopting the Euro necessitated the creation of a European Central Bank (ECB). In this article, we will explore the European Central Bank, an institution created to help implement the Euro that manages [...]
