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…
Guides
End of Year Price Projections of Major Coins in the Crypto Market
Despite the wild swings across multiple assets, the broader crypto market has soared to hit a combined market cap of $2 trillion in 2021. Bitcoin, the leader of the crypto pack, has fluctuated between $30K and $64.5K this year in one of the most volatile phases in the coin's history. The flagship crypto is currently hovering around the $40K zone, with crypto experts and market analysts divided over the coin's price action in the coming months. Meanwhile, Ethereum (ETH) is…
4 years ago
The Most Popular Crypto Coins in The Social Networks
Social media has always been an excellent center of marketing for any business. Almost every Fortune 500 company uses or has tried social networking in their business marketing strategies. This includes crypto projects, too. Every new crypto coin or project often has social media pages to attract investors. However, a select number of crypto coins have proven successful in social media. This guide looks into the five most popular cryptocurrencies on social networks, starting with Bitcoin, the largest crypto. Bitcoin…
4 years ago
Here is What You Can Make by Baking Tezos in 2021
Maybe you have heard of Tezos and are probably wondering whether it is a good investment choice. Launched in June 2018, Tezos is a decentralized fourth-generation blockchain-based platform that executes smart contracts and cross-border payments. Tezos had a rough start. Also known as Tezzie, Tez, or XTZ, Tezos was proposed in 2014 by Arthur and Kathleen Breitman [a couple], targeting a significant drawback of blockchain technology. It was presented under the pseudonym L.M Goodman. The XTZ platform is exhilarating if you get…
4 years ago
Myths and Misconceptions About Buying Bitcoin
Despite being in existence for over a decade, Bitcoin (BTC) is going mainstream now. Unfortunately, its relative newness has bred the perfect ground for myths and misconceptions about it to thrive. For the most part, the mainstream media hasn't helped its cause either. Ignorance about their function has seen them misrepresent and downright discredit it. Opinion and news pieces portraying them as a scandal and a bubble waiting to pop abound, even in respected outlets. So for a budding investor,…
4 years ago
How Blockchain is Similar to The Internet
About three decades ago, there was the inception of the dial-up-internet, then came the internet era, and now, the blockchain revolution is here with us. Today, about nine out of ten Americans use the internet, but a fascinating recent invention is the blockchain, the principal technology behind cryptocurrency. Still in its initial stages, mainstream blockchain adoption may be some years away. Nevertheless, some claim that its adoption will be as revolutionary as the internet. Over the years, many people have wondered…
4 years ago
7 Reasons Why You Don’t Have to be Tech-Savvy to Transact in Cryptocurrencies
There's a common misconception that you must possess high technical knowledge and computer skills to trade in cryptocurrency. Only those who know how to program can enjoy all the benefits of trading Bitcoin, Ethereum, and other digital currencies. However, is it important to be tech-savvy when transacting in cryptocurrencies? No, not really. The opposite is true. You don't need to know how the blockchain works or what types of wallets exist today, let alone which offer security features like multi-sig…
4 years ago
Comparison of Crypto Lending and Bank Loans; Which One’s Better?
Banks have been in the financial industry for years and are considered the backbone of the financial world. Banking networks have provided various services, including lending, saving, and borrowing. However, this guide will focus more on the lending part of banking systems. Lending involves allowing others to get money but sign an agreement of future payment of the lent sum. The interactions between the parties involved in a lending contract and the interest rates will help determine the best option…
4 years ago
Understanding Bitcoin Futures and How They Affect BTC Prices
It has been an eventful few months within the crypto market. Most cryptocurrencies, Bitcoin (BTC) included, have surged to new highs before crashing back down. Unfortunately, this volatility is not unusual for the sector and lies an excellent opportunity. While some crypto enthusiasts sweat over Bitcoin's unpredictability, others see possibilities to make a killing. And they're doing that through Bitcoin futures, a speculative BTC trading strategy that utilizes the volatility of the crypto. So what are Bitcoin futures? How do…
4 years ago
Top 3 Under 5 Dollars Cryptos Worth Investing In
Today, there are over 8k crypto-assets listed in Coincheck, and the numbers are increasing yearly. Unfortunately, some assets perform poorly in the markets, and others are even considered failed projects. Out of those, there are Defi coins, stablecoins, and cryptos, each with unique functions. Coins/cryptos are the most common assets in cryptocurrency, and their reliability often depends on the services their host blockchain provides. Others like Bitcoin, Ethereum, and Binance coins have very high values of $33k, $2k, and $300,…
4 years ago