Cryptocurrencies & Blockchain / General

Cryptocurrency: What are stablecoins and why are governments so worried about them?

A stablecoin is a cryptocurrency where the underlying value is backed by a reserved asset, such as the US dollar, gold, or other assets of value.

The kind of volatility your financial regulator hates

The Financial Sector Conduct Authority (FSCA) is not impressed by the volatility on display from cryptocurrencies like Bitcoin and Ethereum and the sea of alt-coins, non-fungible tokens (NFTs) and financial platforms that have sprouted up on the back of decentralised finance (DeFi) technologies. They are unhappy about the complexity of these financial solutions; the fact that most operators in the sector are unregulated; and the prospect of naïve investors losing their proverbial shirts by chasing the insane and irresponsible returns that many crypto opportunities promise.

What drives the price of cryptos?

The cryptocurrency market is notorious for its volatility, with investors in some instances experiencing gains and losses all within the same day. The question on many investors’ minds is what drives the price and volatility of cryptocurrencies.

How to Survive a Crypto Market Crash