Chathu Wright, Author at Timestamp Magazine

News

14% drop in GME with GameStop’s Announcement of Selling up to 3.5M shares

Many believed that GameStop was heading towards the cleaners awaiting a similar fate to that of Blockbuster Movies company. Things changed rapidly for GameStop when a rally was formed by investors online in the ‘WallStretBets’ Reddit Community, creating a huge spike in GME share prices. The retailer who is…

News

Visa Announces Plans to Settle Fiat Settlements via Crypto

Visa partners with crypto exchange and card issuer platform, Crypto.com to launch the first fiat/crypto transaction settlement system. Visa expects to achieve significant savings from the billions of dollars currently spent in clearing & settlement of fiat transactions. If the pilot is successful, Visa aims to offer this as…

Opinion

DeFi’s Place in Existing Regulations

A corner of the crypto universe that makes up less than 1% of the total market capitalization of crypto assets has been making headlines since June. The quest for decentralized financial products has chiefly contributed to the astronomical growth witnessed across the DeFi sector. At present, more than $24 billion worth of crypto…

Blog, Featured

The Effect of U.S. Regulations on Crypto Companies

The United States has one of the most complex, non-existent crypto regulations with no common ground. The CFTC describes Bitcoin as a commodity, while in contrast, the IRS sees it as a property. Despite the vague regulatory framework, the U.S. regulations and authorities have been notorious for clamping down…

News

Tim Draper Remains Bullish On Bitcoin And Reveals Intents To Institutionalize DeFi

Legendary venture capitalist and Bitcoin maximalist Tim Draper blows hot on DeFi, seeks to introduce DeFi into the venture capital business. Leveraging on the incessant printing of the U.S dollar and the rise of the global pandemic, Tim still holds firm to his $250,000 Bitcoin prediction. Since 2018 Tim…

News

Based On First-Mover Advantage, China’s Digital Yuan Is Likely To Dethrone The U.S Dollar

China has been doing so much when it comes to blockchain adoption and the issuance of its digital Yuan takes precedence among them. As the country looks to strengthen global financial inclusion, a lot of analysts have argued the likelihood of China’s digital Yuan displacing the U.S dollar as…

Blog, Featured

How Does Ripple Work

Ripple dubbed as the platform to instantly move money to all corners of the world, is one of the fast-growing fintech giants. A financial juggernaut with a revolutionary payment protocol is leveraging on the cutting-edge capabilities of validating servers distributed across the network. The Ripple network’s native cryptocurrency is…

Blog, Featured

What Would a Cashless Future Look Like

Cashless Economy: A Case Study The realization of a cashless future might sound like something out of science fiction, but the movement towards this utopian dream is already drumming forward. They have been a collusive effort behind the move to a cash-free world, including some governments and large financial…

Blog

USDT vs USDC: How They Differ?

If you have been around in the cryptocurrency industry for a while, chances are that you must have transacted stablecoins in one way or the other. Due to their stability, they remain the most favorite listing pair for altcoins after BTC. A couple of years after the introduction of…

Featured, News

What’s Happening With Cash App?

The share price of digital payment company Square app had been in an astonishing tear mode since it went public back in November 2015. The stock price is currently trading at $136.8 after reaching an all-time high of $166.6. Since the Initial Public Offering (IPO), the stock price has…

Chathu Wright

14% drop in GME with GameStop’s Announcement of Selling up to 3.5M shares

Visa Announces Plans to Settle Fiat Settlements via Crypto

DeFi’s Place in Existing Regulations

The Effect of U.S. Regulations on Crypto Companies

Tim Draper Remains Bullish On Bitcoin And Reveals Intents To Institutionalize DeFi

Based On First-Mover Advantage, China’s Digital Yuan Is Likely To Dethrone The U.S Dollar

How Does Ripple Work

What Would a Cashless Future Look Like

USDT vs USDC: How They Differ?

What’s Happening With Cash App?

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