The majority of the cryptocurrencies ended up in the green as the cryptocurrency sector tried to consolidate after Bitcoin's price discovery in the all-time high territory. Bitcoin is currently trading for $22.912, representing an increase of 3.96% compared to yesterday's value. Meanwhile, Ethereum's price has increased by 0.16% on the day, while XRP managed to gain 3.79%.
Before the world started seeing cryptocurrency as a valid way of sending and receiving money, global charities and fundraisers relied on slow, geographically-limited, censorship-prone, and expensive donation methods. Admittedly, raising funds to promote educational content for children with special needs wasn’t a particularly easy feat a decade ago - just, for example. Bitcoin came, and activities in the crowdfunding space started breathing a new life. Fundraising for charity causes moved from local to international audiences, and project champions shifted their reliance from donors to the general public.
The cryptocurrency sector experienced an overall major gain as Bitcoin reached its new all-time high. Bitcoin is currently trading for $22.095, representing an increase of 13.82% compared to yesterday's value. Meanwhile, Ethereum's price has increased by 9.69% on the day, while XRP managed to gain a whopping 23.35%.
In 2013 I started investing in cryptocurrencies, to be more exact on Bitcoin. It all started when one of the people I followed on...
In crypto, there's a saying: "not your keys, not your coins." This means that if you do not have sole custody of your private keys, you cannot really claim to have ownership over your funds. If your keys are with a crypto exchange or any other third-party custodian, you may as well forget about being the true owner of your funds.
Nearly every industry these days is discovering the potential and power of blockchain. Even fashion, which you may not expect, is slowly onboarding the tech. The fashion industry is one where fraud is all too common - at least when it comes to sourcing authentic materials. But putting aside the solving of problems, are there ways in which blockchain can make the fashion industry better?
The cryptocurrency sector was mostly stable today as Bitcoin kept within its trading range. Bitcoin is currently trading for $19,393, representing an increase of 1.13% compared to yesterday's value. Meanwhile, Ethereum's price has increased by 0.10% on the day, while XRP managed to lose a whopping 8.56%.
After a years-long wait, Ethereum 2.0 is finally here. Well, almost. The major upgrade will see the Ethereum network fix various scalability and security issues. The most notable shift will perhaps be moving from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) protocol.
The majority of the cryptocurrency sector ended up being in the slight green since we last reported, with Bitcoin trying to reach the all-time highs (though so-far unsuccessfully). Bitcoin is currently trading for $19,106, representing an increase of 0.15% compared to yesterday's value. Meanwhile, Ethereum's price has decreased by 0.32% on the day, while XRP managed to lose 2.97%.
Wherever there's money to be made, you'll always find people ready to do so using unscrupulous means. After crypto blew into the scene, scams, especially internet-based ones, have gotten even more lifeblood than ever before. And unsuspecting players continue to fall victim.
The majority of the cryptocurrency sector ended up in the green as Bitcoin spent the weekend regaining the value it lost after failing to break its all-time high with confidence. Bitcoin is currently trading for $19,144, representing an increase of 1.69% compared to yesterday's value. Meanwhile, Ethereum's price has increased by 3.61% on the day, while XRP managed to gain 3.77%.
In this week's BTC/USD analysis, we will be taking an in-depth look at the most recent technical formations, as well as look for the possible short-term price outcomes.
The finance world has always been filled with curiosities. Money is a touchy subject, and people often go to extraordinary lengths to protect their positions. Out of this has emerged the concept of 'dark pools,' which are financial trading hubs taking place away from the public's eye.
For years now, Ethereum has been the most sought-after cryptocurrency right after Bitcoin. And in recent months, the coin seems to be on an unstoppable rally - which has only doubled down after the news that the long-awaited Eth2, an upgrade to the network, will be rolled out in December. At the time of writing, ETH is trading at over $500, according to Coinmarketcap. The currency has been oscillating within that range, which is a big deal considering the coin began the year with a tepid $130 in value.
Bitcoin was the world's first cryptocurrency. It has completely changed how the world views finance while at the same time rallying an entire industry of cryptocurrencies. Bitcoin holds (and probably will always hold) a very special place in cryptoverse. However, just like any new tech, Bitcoin has its growing pains. For this reason, Bitcoin developers are always coming up with improvement proposals for the network to make it even better.
The majority of the cryptocurrency sector has ended up being in the red as Bitcoin spent most of the day under the $18,000 level. Bitcoin is currently trading for $17,920, representing a decrease of 2.91% compared to our last report. Meanwhile, Ethereum's price has decreased by 4.30% on the day, while XRP managed to lost 2.85%.
Recently (Oct 2020), Monero hit $139 - its 2-year high, and investors are expressing renewed confidence in this crypto. What’s even more inspiring is the fact that the cryptocurrency has maintained a consistent sideways or upward - but not downward - trend since then. Before the 2017 crypto bull run, Monero always shied from surpassing the $1 mark. But the boom seemed to have inspired this crypto to take on the major players.
Credit/debit cards have enabled us to make instant, convenient, and hassle-free payments since the founding of the Diners Club in the 1950s, and today, this possibility has been extended to the purchase of Bitcoin. Buying Bitcoin with a credit card is among the easiest ways to get yourself some crypto.
The cryptocurrency sector is mostly green as cryptocurrencies took the day to recover from the sudden drop that occurred on Dec 8. Bitcoin is currently trading for $18,411, representing an increase of 1.25% compared to our last report. Meanwhile, Ethereum's price has increased by 3.37% on the day, while XRP managed to gain 4.66%.
Decentralized finance (Defi) is one of the relatively new blockchain applications, and it can be confusing for newcomer investors. Be that as it may, the pace at which the space is growing leaves no time to 'wait and see.' DeFi is evolving crazy fast, and new metrics are being invented to help investors weigh their options. Given the novelty of the subject, there are no widely-accepted standards yet. Still, there are some common indicators that we can use to judge whether one DeFi protocol is better than the next.
The cryptocurrency sector has dropped significantly as bears took over the market. Bitcoin is currently trading for $18,315, representing a decrease of 4.50% compared to our last report. Meanwhile, Ethereum's price has decreased by 6.17% on the day, while XRP managed to lose 7.73%.
After completing our series on position size, we would like to summarize what we have learned and make conclusions.
There's no bigger mystery in the crypto world than the one of Bitcoin's creator's true identity. Satoshi Nakamoto is the pseudonym used by Bitcoin's creator(s). More than 10 years after Bitcoin, Satoshi's identity remains shrouded in mystery.
Bitcoin is the world's most popular currency. So it's not a surprise that most payment platforms worth their salt support the currency. One of these platforms is Skrill, the London-headquartered money transfer company that's now one of the most popular globally.
The cryptocurrency sector has spent the past 24 mostly consolidating as it failed to reach past its resistance levels on Monday. Bitcoin is currently trading for $19,180, representing a decrease of 0.65% compared to our last report. Meanwhile, Ethereum's price has decreased by 1.14% on the day, while XRP managed to lose 1.65%.
Anonymous trading used to be a reserve for high-profile investors. But with the increasing acceptance of crypto in forex trading, anyone can trade anonymously now. There are both advantages and limitations to trading anonymously. If you choose to trade forex anonymously, you could use Bitcoin or any altcoin accepted by your broker.
If you have been in the crypto industry for more than a minute, you've probably heard about decentralized finance (DeFi). It is one of the fastest-growing sectors in the crypto scene, having registered an 1116% increase this year. DeFi grew tremendously, increasing from $674 million in January to $14.185 billion today.
The cryptocurrency sector has spent the weekend recovering from the price descent on Dec 3 and 4. Bitcoin is currently trading for $19,288, representing an increase of 0.16% compared to our last report. Meanwhile, Ethereum's price has decreased by 1.49% on the day, while XRP managed to lose 0.74%.
In this weekly BTC/USD analysis, we will be taking an in-depth look at the most recent technical formations, as well as look for the possible short-term price outcomes.
Cryptocurrency provides so many avenues for people to make money. Whether it's trading, mining, staking, or lending, you can make money from crypto in any of several ways. However, one method that flies under the radar (and hence many people don't know about!) is arbitrage trading. Arbitrage trading is a way through which you can make extra cash in a (relatively) risk-free manner.
Mining is the process through which new Bitcoin blocks are generated. Individual nodes on the Bitcoin network race against time in a series of guesses for the right block. Due to the large size of the network and transaction load, this process is resource-intensive - it requires sophisticated computing equipment and consumes massive amounts of power.
The NFT market is the collection of all NFT trades. So, let's define NFTs first. An NFT (Non-Fungible Token) is a special kind of crypto token that just cannot be exchanged for another (possibly) equivalent token.
The cryptocurrency sector has spent the day trying to regain its recent highs, with Ethereum breaking $600 and Bitcoin breaking $19,000. Bitcoin is currently trading for $19,314, representing an increase of 1.14% compared to our last report. Meanwhile, Ethereum's price has increased by 2.15% on the day, while XRP managed to lose 0.52%.
Litecoin is one of the most popular cryptocurrencies today. The currency is a clone of Bitcoin and appears to ride on the popularity of the pioneer cryptocurrency. However, the crypto has its own merits - like being a 'lighter' version of Bitcoin and thus being used in day-to-day transactions. Litecoin is faster than Bitcoin - having a block time of 2.5 minutes compared to Bitcoin's 10 minutes, meaning it's quicker and easier for Litecoin miners to make money.
Bitcoin started the year (2020) on a rather low key, fetching only an average of $7,500 until July when things started looking up. Ethereum seemed to play the same tune for the first half of the year. Unsurprisingly, both cryptocurrencies showed steady growth against the dollar from July onwards. This trend can be confusing to investors - should you invest in Bitcoin or Ethereum in the coming year? In this article, we help clear the confusion by addressing each currency's nature, its performance in 2020, and its prospects in the coming year.
The cryptocurrency sector has spent the day stabilizing after a sudden drop. Bitcoin is currently trading for $18,997, representing an increase of 0.48% compared to our last report. Meanwhile, Ethereum's price decreased 0.64% on the day, while XRP managed to lost 0.01%.
‘The hardest thing to do in a bull market is to sit,’ says Mike Novogratz, a renowned Bitcoin evangelist. This is a feeling most investors can relate to. In a bull market, prices surge, and volumes skyrocket. And with the wave comes an irresistible urge to board the bandwagon - the fear of missing out (FOMO).
Fusion is one of those cryptocurrencies that came not just as another currency but as a platform for innovation. Although it is an open technology that can be used in various applications, this crypto is best known for powering decentralized finance (DeFi). Like Ethereum and Ripple, which are both currencies and innovation platforms, Fusion also offers FSN, its native currency.