Altcoins

The total market cap of cryptocurrencies has enjoyed impressive growth since their inception. It hit the $3T figure in 2021 and stands at almost $1T at the time of writing.  While all these huge figures are truly impressive, things have been different. The increased market capitalization has resulted more from increased price values than in crypto supply. This begs the question, is there a way of determining a crypto's initial value? Read on to find out. Understanding Value Determination Save…

Cryptocurrencies continue to showcase outstanding crypto performance since the launch of Bitcoin in 2009. As a result, global investors are looking forward to establishing financial stability with digital assets. Due to the growing interest, crypto prices are drastically shifting to the top.  Still, in some scenarios, the market trend keeps decreasing for specific periods. A coin's bearish momentum creates fear and panic for users who believe in the future of the asset.  The opposite is a bullish market that records skyrocketing prices…

Crypto exchange listings and Initial Coin Offerings (ICO) link a blockchain project and the investors' markets for its consolidation and eventual growth. Blockchain projects find it improbable to seek funds through traditional means such as bank loans. The primary reasons include unfavorable government policies and government-issued fiat money during transactions. The exchange listings have been so crucial in enabling crypto-investor interactions that they've sparked strong bull runs. Read on to find out which coins enjoyed explosive growth after exchange listings! A Brief on Bull-Runs A…

Crypto scams have been around ever since Bitcoin came out in 2009. Crypto researchers found that from 2020 to 2022, cybercriminals stole almost $9 billion online. The growth rate of cryptocurrencies has increased over time, with most coins, such as Bitcoin, hitting an all-time high of over $65,000. Unfortunately, while intelligent minds have come up with coins and companies backed by blockchain, scammers have also upped their game to target unsuspecting investors. Major Crypto Scams of All-Time As much as cryptocurrencies have…

Most crypto-assets can revolutionize money transfers and global payments' efficiency. However, some of their features heighten terrorist financing and money laundering risks. The scale of the illegal use of crypto funds is significant. Above all, it emphasizes the need for CFT/AML supervision and regulation. In 2019, about $11 billion (1.1%) of all cryptocurrency transactions were linked to criminal-related activities. As a result, regulators worldwide responsible for Anti-money laundering enforcement have investigated illegal activities involving crypto assets. Regulation will be vital…

Mistrust and friction have long characterized the cryptocurrencies-government relationship. While crypto purists swear by its holy grail of decentralization, the government insists on regulating the sector as it does many others. The result is constant bickering between both camps. Today the relationship is so unhealthy that some governments have instituted crackdowns on crypto activities within their jurisdiction. Take China, for instance. Recently it has issued decrees that have left the whole crypto sector reeling from their effects. India is another…

Digital assets like Bitcoin, Ethereum, and Cardano are often acclaimed for being highly reliable investment options. Some of these digital assets have shown massive potential by creating high profits for investors. Others have exceptional use case applications that make them even more attractive financially. One such application is personal finance planning.  Personal finance planning focuses on creating financial plans to help better manage their finances. In personal finance planning, a user needs to make budgets for emergency funds, retirement benefits,…

Cardano is one of the largest cryptocurrencies by market cap and one of the unique blockchain technologies. In addition, Cardano has a native coin named Ada, which is performing decently in the crypto markets.  However, Cardano as a network adopted a sidechain system, where the network runs two blockchains. The original blockchain, the Cardano settlement layer (CSL), deals specifically with powering the Ada currency and other settlements done with Ada. It leverages POS to release new Ada into circulation. It's designed…

Charles Hoskinson founded Cardano as a blockchain platform seeking a decentralized application (DApp) development platform. The Cardano platform runs on the Ouroboros consensus protocol. In addition, it leverages the Delegated Proof-of-Stake (DPoS) consensus mechanism meaning that users can delegate their ADA to other pools to be staked and earn rewards.  The two primary ways ADA coin holders can invest and earn rewards on the Cardano blockchain include; running their stake and delegating their ADA to a staking pool. The Ouroboros…