Author: CoinPayments

2020 Wrapped: Crypto Edition

CoinPayments

2020 brought progress and innovation that might have remained dormant without any real sense of urgency to inspire action. Society became increasingly digital, as we worked, shopped, and lived through the web. In particular, the world of blockchain experienced a revival of interest, with cryptocurrencies like Bitcoin reaching record-high prices. Gone are the days where cryptocurrencies are regarded as momentary fads or bubbles. The pandemic stepped on the gas of the cryptocurrency revolution, making the world much more prepared for a blockchain-based financial system in 2021. In this blog, we’re…

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How Small Businesses Can Thrive with Crypto Payments

CoinPayments

“From what was once a small afterthought for retailers to the predominant method of consumption, e-commerce has grown into a multi trillion-dollar market that’s slated to keep growing,” according to a recent infographic from eToro.  The infographic went on to attribute the COVID-19 pandemic as the “catalyst for explosive growth,” revealing that the e-commerce share of total U.S. retail sales has gone up over 16% in the first quarter of the year. As the sector continues to experience massive growth, it’s important for small- to medium-sized enterprises (SMEs) to capitalize…

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Paying with Cryptocurrencies Is Easier Than You Think

CoinPayments

Blockchain technology stores all the transactions in a ledger, and chains all the previous transactions together using cryptography and hashing, making it easy for people to not only track transactions, but also leverage them and form a more credible, verifiable network.  The fundamental features of blockchain, such as immutability, are helping us escape the expensive, less secure, and slow payment process we’ve grown accustomed to. A better understanding of this new technology and its implications is what has driven more consumers and businesses to opt for cryptocurrencies as a daily…

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Blockchain’s Instrumental Role in the Future of the Gig Economy

CoinPayments

The Freelance Workforce is Growing In the past year alone, 59 million Americans freelanced, according to Upwork’s Freelance Forward 2020 report. This figure represents 36% of the entire U.S. workforce, a segment that generates over $1.2 trillion in annual earnings through gig work.  Now, the emerging demographic of Gen Z is being added to the mix, with half of the Gen Z workforce freelancing in the past year. This doesn’t seem to be a momentary trend, with 9 out of 10 Gen Z freelancers stating they plan to continue to…

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BizzCoin (BIZZ)

CoinPayments

BIZZCOIN QUICK STATS Cryptocurrencies have been in the limelight lately and the growing interest has opened up the world to a slew of digital assets to choose from. Whether you are just looking to invest or simply looking to transact with these new types of digital currencies, what’s most crucial is to find the right cryptocurrency for you. Some projects just offer digital tokens while others provide a more comprehensive ecosystem to complement its token, enabling usability from the start.     CoinPayments is continuously striving to bring more cryptocurrency payment options…

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The New Face of Finance: Stablecoins?

CoinPayments

Stablecoins: Knights in Shining Armor? The roots of the existing financial system run too deep to be overturned. But with the unmatched liquidity, higher returns, and more transparency that comes with cryptocurrencies, it became harder to accept the status quo.   The world got stuck in the middle.  On one side of the camp are those that believe the “stable” financial structure, which has been around for centuries, does not need replacing. The other side could not ignore the disruption that crypto brought to the very financial system we thought to…

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Open Banking has the Potential to Change Everything. So, What’s the Hold-up?

CoinPayments

Effectively, sometime in the last two decades, we went from being the desired consumer to the sought-after product. With the digital era’s industrial boom came a seemingly endless hunt for access to a trove of consumer information, and it can feel like we’ve lost ownership of our own personal data. And, as the world becomes increasingly data-driven, it doesn’t look like the hunt is going to slow down any time soon. This can all seem very bleak, but there’s hope.  In recent years, there has been a renewed focus on…

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What a Biden-Harris White House Means for Cryptocurrencies

CoinPayments

Editor’s Note: Welcome to Off the Ledger, our blog series focused on highlighting current events and hot topics shaping the new economy. Covering everything from crypto, fintech, blockchain, Ecommerce, and more, we’ll unpack the top trends defining the future of finance. To provide you with an in-depth look into the digital world of commerce. The Biden-Harris transition team includes experts that are no strangers to the world of blockchain and crypto. Gary Gensler Leading the team is Gary Gensler, a financial policy veteran with roots on Wall Street. Upon his…

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1irstgold (1GOLD)

CoinPayments

1IRSTGOLD QUICK STATS Gold trading made easy For centuries, gold has been regarded as an eternal store of value that is more or less stable, safe and exclusive. No matter what country you live in and what fiat currency you use, gold has the same spot price internationally at any given moment. And due to its scarcity, the supply of gold remains disproportionately low, regardless of demand.  In times of uncertainty, gold has always been the traditional solution to hedge against stock market volatility. But for the past decade, a…

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