Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Security Tips to Safeguard Your Crypto Assets
Cryptocurrencies are slowly taking the lead in the financial sector. Since their initial introduction, investors have earned a substantial income. However, venturing into the crypto world has downsides, including the insecurity question. In most cases, insecurity is evident in cyber-related activities, whereby innocent investors get duped by cybercriminals. Therefore, it becomes necessary for cryptocurrencies to enforce security measures to counter threats that users may face. By adopting some security features, the digital currency gains more trust from the crypto community…
5 years ago
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Crypto InvestmentsCrypto Investment: Understanding Risk Your Tolerance
There has been a surge in crypto investments in recent years, with over 19.2 million bitcoins currently circulating. The extraordinary shift from traditional investments to digital asset investment is primarily attributed to cryptos’ numerous advantages, including security, anonymity, more comfortable cross-border transfers, and adaptability. Cryptocurrency investment is one of the non-conventional forms of assets that will see increased adoption in the coming years. However, the uniqueness associated with these non-traditional forms of investments has resorted to numerous risks. Maneuvering through…
5 years ago
How to Become a Successful Crypto Bounty Hunter
A bounty hunter is a professional tasked to capture criminals for a commission or a bounty. It has enabled people from all walks of life to earn a living; crypto bounty hunting is payable through bitcoin, which is later convertible to a different currency of your choice. Bounty hunting has lately become popular and accessible, at least when it comes to the world of cryptocurrency. With all the technology, the bounty is payable through cryptocurrency after completing your task. Bounty…
5 years ago
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Crypto MuseumThe Crypto Museum in the Netherlands: All You Need to Know
Cryptography is an art that involves taking comprehensive information and tuning it to gibberish for secrecy, then decoding it for it to be comprehensive. The art dates back to 1900 B.C. However, it wasn’t until the 19th century that it went beyond encryption to electromechanical devices. Cryptography advanced around World War 2 with its extensive use as a weapon. It played a significant role in the war era in transmitting vital information used to synchronize attacks. Since then, there have…
5 years ago
5 Ways to Get Rid of Your Crypto Gains Tax Rate
Cryptocurrencies are becoming more important and relevant for both short and long-term investments. As a result, numerous countries worldwide are looking at ways to adapt, regulate, and tax them. In the United States, the Internal Revenue Service (IRS) classifies crypto assets as property. Bitcoin falls under the same regulation. So, when you sell, trade, or exchange BTC into USD or other cryptos, you have to pay a tax on the profit, if there is one. If you want to minimize or…
5 years ago
What is Decentralized File Sharing and How Does It Work?
If you are new to blockchain technology, you may have heard the term "decentralized file sharing" thrown around. It may seem like a familiar concept, and it should be if you downloaded a torrent file in the past 20 years. Blockchain is a revolutionary invention that does not only provide groundbreaking innovations but also upgrades to previous technologies. As with most software and computing protocols, blockchain takes file sharing as we have known it over the years and takes it…
5 years ago
How to Invest in Cryptocurrencies – 10 Must-Follow Tips
The Cryptocurrency world is filled with scams, frauds, pump-and-dump schemes, and dozens of other ways by which people can steal your money. Along with that, the excruciating volatility of the market doesn't help either. It is easy for any new investor to be scared off by an already-infested market with so many money-losing schemes. But then, don't we always say, "greater risk comes greater reward"? In still-nascent and budding markets, there are as many ways of making money as there are…
5 years ago
ICO vs. STO – Understanding the Differences
As a savvy blockchain investor, it's smart to understand the differences between an ICO and vs. STO. Recently, there has been a lot of hype surrounding STOs and their ability to service institutional clientele. Here is how these unique financial instruments came to be and why so many analysts see them as the evolution of Initial Coin Offerings (ICOs). What is an ICO? - ICO vs. STO The first step in this journey is understanding precisely what an ICO is…
5 years ago
6 Main Factors Responsible for Cryptocurrency Volatility
The volatile nature of cryptocurrency makes it a great investment opportunity. When correctly harnessed, cryptocurrency investments can be very profitable. However, there is a wide variety of cryptocurrencies in the market, and some are more volatile than others. The more volatile it is, the higher the investment risk. The risks and uncertainty brought about by this volatility constitute a significant setback as it makes some people hesitant to embrace cryptocurrencies. Moreover, this constant shift in price and value also makes…
5 years ago