Visa says you can buy almost anything, except cryptocurrencies

This week’s news is that several banks in the US and UK have banned the use of credit cards to purchase cryptocurrencies (CCs). The stated reasons are unbelievable – like money laundering, trying to curtail gambling and protecting retail investors from excessive risk. Interestingly, banks will allow debit card purchases, making it clear that the …

Why did banks ban cryptocurrency purchases using their credit cards?

The wave of banks banning the purchase of cryptocurrency using credit cards is growing as Wells Fargo joins these types of bans. Several other banks such as Chase, Bank of America, Citigroup and more are part of this new trend that is limiting the purchase of cryptos. Debit cards can still apparently be used to …

International Cryptocurrency Regulations will create win-win situations

the back Initial Coin Offerings on blockchain platforms have painted the world red for tech startups around the world. It is revolutionizing and rewarding a decentralized network that can award tokens to users who support an idea with money. Profit-spinning turned Bitcoin into an “asset” that delivered huge returns to early investors in 2017. Investors …

Crypto Currencies Volatility, Profitable Rollercoaster

This year we can see cryptocurrencies move up and down by 15% in value every day. Such price changes are known as volatility. But what if… this is completely normal and sudden changes are one of the characteristics of cryptocurrencies that allow you to make good profits? First of all, cryptocurrencies only recently became popular, …

A Beginner’s Guide to Crypto Currency Exchange

Cryptocurrency Exchange or Digital Currency Exchange is a business that involves exchanging cryptocurrency for other assets, such as money or any other digital currency. It is a web service that offers electronic transactions in electronic forms and takes fees for them. Any transaction or operation for digital currency exchange can be done by debit and …

Beginner’s Guide: Introduction to Cryptocurrencies

Introduction: To Invest in Cryptocurrencies The first cryptocurrency to be created was Bitcoin, which was built on Blockchain technology and was probably launched in 2009 by a mysterious person named Satoshi Nakamoto. At the time of writing this blog, 17 million bitcoins have been mined and it is believed that a total of 21 million …

Things that are positive for Cryptocurrencies

Although there have been market corrections in the cryptocurrency market in 2018, everyone agrees that the best is yet to come. There have been many activities in the market that have changed the tide for the better. With proper research and the right dose of optimism, anyone investing in the crypto market can make millions. …