infinity economic

Ethereum Tokens Are All the Rage. But What Are They Anyway

June J, 2017
Market Hive
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Ethereum Tokens Are All the Rage. But What Are They Anyway Ethereum wants to create an ecosystem where everything works together seamlessly as part of its vision for a 'world computer' – and that includes the tokens required to power it. Launched in 2014 by a band of coders and an upstart teenager, ethereum was designed to make it possible for anyone to code nearly any type of app and deploy that on a blockchain. Many of these decentralized apps…

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Traders Plan for Correction as Crypto Market Falls Below $100 Billion

June J, 2017
Market Hive
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Traders Plan for Correction as Crypto Market Falls Below $100 Billion The total value of all publicly traded cryptocurrencies may be at an all-time high, but trader confidence isn't keeping pace. After rising more than 1,500% from just over $7bn on 1st January, the market is beginning to show signs that its rapid ascent in 2017 may be slowing. According data from CoinMarketCap, the cryptocurrency asset class fell from a high of $117bn yesterday to just under $100bn today, a…

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Bitcoin Has Power to Break People Out of Poverty, Current System Broken

April J, 2017
Market Hive
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Bitcoin Has Power to Break People Out of Poverty, Current System Broken Can Bitcoin help people break out of poverty? What if we could build a financial system with Bitcoin that would lead to a more equitable and fairer society? Bitcoin has been around for nearly a decade now and it has survived many doomsday predictions regarding its demise. It has grown to become an accepted medium of transferring money, it has also been recognized as a currency in some…

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Majority of Nigerians Have Faith in Bitcoin

April J, 2017
Market Hive
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Majority of Nigerians Have Faith in Bitcoin A recent survey indicates that Nigerian trust Bitcoin more than gold when it comes investments. Bitcoin is rightly deemed as the “Digital Gold”. The cryptocurrency, introduced to the world in 2009 has all the properties of gold, except for the weight and these features aren’t lost on the Nigerian cryptocurrency community. Bitcoin has a huge presence in African nations, and Nigeria is one such African country which recently ranked high in Google Trends…

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Poloniex-Traders-Panic-and-Suffer-Losses-Due-to-System-issues

April J, 2017
Market Hive
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Poloniex – Traders Panic and Suffer Losses Due to System issues Plenty of cryptocurrency traders are not too amused with Poloniex right now. The popular altcoin exchange suffered from several brief outages yesterday. During the panic, the Ripple price crashed hard and Ethereum lost US$1bn in market cap. It is unclear what occurred exactly, but we do know traders lost a lot of money in the process. It is unclear what will happen to the people who lost money, though.…

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Will $1,000 become new baseline for Bitcoin

February J, 2017
Market Hive
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Recently, the price of bitcoin surpassed US$1,000 for the first time since the first few days of January. It stabilized at the $1,020 margin in most global markets and exchanges. Some regions like South Korea, Japan and China demonstrated arbitrage opportunities, with bitcoin being traded at around 7~8% premium. bitcoin being traded at around $1,100 in South Korean #bitcoin exchanges including Korbit & Coinplug. Nearly 7% premium. pic.twitter.com/NeuWFzhn9f — Joseph Young (@iamjosephyoung) February 3, 2017 Although many factors can be analyzed to explain the…

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