Have you heard about the fed now program being rolled out shortly? Over 120 financial institutions have joined in the launch of the first phase of the “Fed Now” program. The Federal Reserve issued a notice back on 8/5/19 (Docket No.—OP-1670) announcing their new interbank, real-time gross settlement service, which is intended to reduce the […]
Cryptocurrency has been experiencing surges of usage and popularity in mainstream digital media in the United States. However, the digital currency exchange is being curbed by the negative reactions of national banks across the globe. Part of the appeal of cryptocurrency usage is its independence from traditional finance infrastructure. As Bitcoin is decentralized (ie. no one nation […]
Lately, Bitcoin (BTC) has been noteworthy in the world of finance, because it has fallen roughly 68% from its all-time high of $68,000 on November 10th, 2021, to the $20-21,000 level currently. However, Bitcoin is still up tremendously from just the spring of 2020, when it traded below $5,300 on 3/17/20—only 27 months ago. Even […]
Identity theft, which involves stealing another individual’s personal information, has become an increasingly pervasive problem in recent years due in part to advances in technology. There are now more ways than ever for scammers to acquire someone’s credit card, passport, or other documents containing personal information. Identity fraud occurs when the scammer uses this information […]
A new year is a time for people to reflect on new resolutions and changes they want to make, and finances are no exception. Nearly 97 million Americans have plans to make a resolution in the year 2021, according to a recent survey by WalletHub. Many people choose to attempt financial resolutions to change their […]
On September 24, 2021, China’s central bank issued a statement explaining that all virtual currency-related business activities were illegal from that moment on in the country, effectively placing a nationwide ban on cryptocurrency transactions. The announcement came amid a largescale crackdown on the trillion-dollar cryptocurrency industry by the Chinese government. According to the statement, which was published […]
In the world of cryptocurrencies, it can be difficult to separate fact from fiction. As Bitcoin and other digital currencies have grown exponentially over the past decade, so too have the myths about Bitcoin and the cryptocurrency industry in general. This is a frustrating situation for prospective investors trying to do their homework thoroughly, as all these […]
I recently did a webinar with a colleague on the subject of learning about Bitcoin and cryptos. An Introduction to Crypto-Currencies Hosted by Robert Ryerson, Dr. Jose Cao Alvira, Nikki Shank. Thursday, March 25 2021. 6:00 PM Eastern Time (US and Canada) GMT -4. We have recorded the webinar event for you! In case you […]
There’s little doubt that cryptocurrency is one of the hottest topics in the financial sphere today, but this doesn’t necessarily mean that it’s easy to understand. Due to the sophisticated technology that powers it and the incredible speed with which it has evolved, cryptocurrency can be a confusing subject even for people with a good […]
The cryptocurrency market is perhaps one of the most volatile and unusual investment opportunities in existence today. From the original Bitcoin came hundreds of other cryptocurrencies of all types and for all different purposes. Of these, the most well-known are probably still Bitcoin, Litecoin, and Ethereum. However, there is another cryptocurrency that has spent a […]