As time passes, it’s becoming clearer that bitcoin is a very lucrative investment. Since you’re reading this article, chances are you have already been thinking about cryptocurrency investment. Nevertheless, when buying bitcoin for the first time, it’s good to opt for traditional banking methods which allow you to turn your fiat into crypto directly. The
Lately, there has been a growing trend where more traders are opting for P2P crypto exchanges as compared to their centralized counterparts. This isn’t surprising given the many shortcomings of centralized exchanges, including holding users’ funds, security issues due to centralization, manipulation of various aspects like prices, faking volume, lack of privacy, and many more.
The DeFi bubble is huge and is growing fast. At the onset of 2020, DeFi projects attracted about $850 million. Six months later, the total value of funds invested in DeFi projects – also called total value locked (TVL) –is at $2.08 billion, a growth of about 145%. Source: DEFI PULSE Admittedly, DeFi is still
If you are into cryptocurrency, you’ll be aware you require a separate wallet for your bitcoin and several types of cryptocurrency. Similar to a physical wallet, you need to be able to secure and manage your bitcoin wallet as well. Since it’s a digital wallet, there are different ways to secure and manage your bitcoin
Decentralized finance (defi) describes blockchain-based protocols and applications that power a suite of monetary tools that are open to everyone. Defi takes services that are common to the established financial system – lending; borrowing; trading; synthetics – and recreates them on-chain. The difference between the two realms – traditional and crypto – owes less to
Amid all the hype about ETH 2.0, there are a few reasons that developers may be feeling concerned. The project already has a long-range development timeline, with the full implementation still likely to be more than two years away. Even then, after the many delays to date, nothing seems certain. In the meantime, second layer
Today’s cryptocurrency exchange scene is dominated by a small number of industry heavyweights, many of which have been breached in the past, or lack industry-leading features, but still continue to gain prominence due to their extensive marketing budgets and first-mover advantages. As we’ll soon see, bigger isn’t always the best when it comes to cryptocurrency
Token burns are an increasingly popular topic of discussion among experienced cryptocurrency investors and traders. But despite this, few people actually know the purpose behind a practice that permanently destroys otherwise valuable coins and tokens for the good of the network. Here, we demystify one of the fundamental building blocks of controlled supply, helping you
Bitcoin Halving refers to an event that occurs roughly every 4 years when the reward given to miners for unlocking a block is halved. The creator of Bitcoin, Satoshi Nakamoto, has written halving into Bitcoin’s code in order to manage inflation. The latest Bitcoin halving took place last week, on May 11, when the reward
GoodDollar, a non-profit initiative working to deliver universal basic income (UBI) through blockchain technologies, launched their wallet for delivering basic income this past week by facilitating $100,000 in coronavirus relief donations for investment platform eToro. eToro used GoodDollar’s UBI wallet to facilitate their employee coronavirus relief campaign, with over 300 employees using the wallet to
Anyone who has had any experience with the cryptocurrency industry has likely already spotted the volatility of crypto prices. The prices are moving up and down, seemingly for no reason, as well as with no break. With the prices of cryptocurrencies constantly going up and down, it seems impossible to predict what will happen next.
Coin Market Cap Alternatives Coinmarketcap is arguably the most prominent coin checking site in today’s crypto sphere. With optimized 24 hours trade volumes, crypto market cap rankings, price charts among other features, coinmarketcap has established itself as a resourceful giant in the crypto industry. But for all its might, the seemingly over-reliance of crypto traders
Retail investors will never get access to life-changing venture capital opportunities in equity ventures. Venture capital offers unmatched wealth-creation opportunities. Increasingly, however, by the time the next great company files an IPO, the greatest gains would have already been had. The 100x to 1,000x gains are in the early stage VC rounds, not the IPO.
Cryptocurrency is no longer as hot as it used to be at the height of surging bitcoin prices. However, the risks and threats associated with it remain. They even occasionally intensify as cybercriminals discover new vulnerabilities to exploit. Crypto users need to remain vigilant as new forms of attacks emerge. According to a report by
When it comes to bitcoin, it’s little wonder that this online currency is heavily reliant on technology to move from one place to another, nor that it has been utilized to give the small fish the ability to compete with larger financial institutions. As BTC was envisaged as “the currency of the people,” it seems only
The economy system all over the world is rapidly converting into a Digi- preferred economy. Starting from the manual system of operations to an advanced and technologized digital economic system, we all have lived this journey of success towards making the world a digital platform for operations. From investing money in any kind of project
Indices, stocks, currencies, metals, minerals—these are some of the most popular financial instruments you can trade using cryptos and fiat currencies without owning them physically. How you ask. The answer lies in Contracts for Differences, CFDs, as many people know them. In the crypto space, there are about twenty top-rated trading platforms that offer CFD
It is difficult to put a peg on the number of exchanges functioning in the crypto market because no global standards are governing the creation and operations of these entities. In most cases, an individual or a group of people with the right computing and programming skills can capitalize on the lack of crypto regulations
Many investors that want to enter the cryptocurrency market have never traded any form of financial instrument before. Most of them, however, have some form of knowledge of the stock market. Using lessons learned from the stock market and applying them on the cryptocurrency market is not necessarily a smart move though. This blog post
Becoming a successful person in this competitive world is a very challenging task. People are pushing their skills to the limit just to earn their living. Having a strong qualification is not enough to survive like a king. You have to push yourself to the limit and take advantage of the opportunity to secure your