How an Emerging Markets Currency Crisis will Cause Coin Prices to Explode

A fast-moving emerging markets crisis can greatly increase demand for cryptocurrencies. Altcoin prices could shoot up as residents of crisis nations seek safe havens for their money.

Cryptocurrency is the easiest and fastest way for Argentines, Turks, Venezuelans, and others to move their money out of country. All a person needs to convert funds to altcoins is a credit card and an internet connection. Anybody can download a digital wallet, and buy cryptocurrency in a few seconds.

Read more

Is the Dai Cryptocurrency a Good Investment?

The big difference between Dai; and solutions like Ripple (XRP), is that it uses a decentralized platform to peg the cryptocurrency price to the dollar. The key to Dai’s stability is a special smart contract called a Collateralized Debt Position (CDP).

Read more

These Cryptocurrencies might benefit from Legalized Sports Betting in the USA

Sports betting can be big business in the United States; The New York Times estimated the value of illegal sport wagers in the USA at $150 billion a year. The potential market for such betting is huge; there were 57.4 million fantasy-sports players in North America in 2016, according to an Ipsos Public Affairs poll commissioned by the Fantasy Sports Trade Association.

Read more