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
What You Need to Know Before Investing in Crypto Hedge Funds
Hedge funds are not subject to particular federal rules that protect your average investor. They are also known for the high risks associated with them. Add that to the inherently volatile nature of cryptocurrency, and you have a more enormous gamble in your hands than any other type of investment. That said, crypto hedge funds have increased in popularity over the years, garnering a steady stream of interest from investors. The crypto hedge fund trend is also growing stronger as…
5 years ago
Blockhain Hashing Algorithms Explained – All You Need to Know
A Hash is a central concept in all modern communication, storage, and security. Some might even call Hashing the backbone of the internet. But when we say hash, what do we mean? Is it simply something to do with random numbers? Are numbers that important? This introduction may seem challenging, but the concept is not difficult. Of course, we will not enter into the details of the algorithm's functioning, but we will describe it in essence and see what a…
5 years ago
The Complete Beginner’s Guide to Privacy Coins
Privacy coins are gaining traction as they fly the flag of financial privacy. Over the decade, digital currencies have seen their fair share of unjust scrutiny regarding their privacy policies. At one point or another, we've all heard of the "evil" that is its anonymity hallmark and how its primary users are criminals hiding behind it. However, no digital currency is disparaged for this particular feature as much as privacy coins are. Yes, blockchain-based cryptocurrencies allow users to use pseudonyms,…
5 years ago
Bitcoin Confirmation Explained: A Complete Guide
Several things happen before an operation is included in the system when transacting on the Bitcoin network. Unconfirmed transactions first accumulate in a pool known as mempool. Then, miners choose a transaction at random (but most prefer those with high fees) and add it to a transaction block. They then verify the transaction by solving complex mathematical problems, i.e., Proof of Work. Next, the network confirms the block and adds it to the blockchain. Blocks added to the blockchain amount…
5 years ago
Enjoy Pumped Up Deals on Arbitrage Trading With Sibex
Arbitrage refers to purchasing and selling an asset to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar financial instruments in different markets or different forms. Arbitrage has existed for years in the financial world and is gathering momentum in cryptocurrency. However, with cryptocurrency trading taking root and spreading worldwide, there are periods with significant price variance between exchanges. Crypto arbitrage is when traders…
5 years ago
What is Bitcoin? – Video Guide for Beginners
Bitcoin is a groundbreaking invention that spurred a new financial revolution with long-term consequences globally. Bitcoin could very well be the most important invention since the creation of the internet. Economy experts see it as the dawn of a new age in which electronic cash and virtual transactions will reshape our understanding of currencies, investments, and financial intelligence. Bitcoin in a nutshell: The origin story of Bitcoin is shrouded in mystery. The first official reference to it was made on October…
5 years ago
Bitcoin Transaction Stuck? Here’s Why and What You Can Do
As Bitcoin gains increased mainstream adoption currently being used as a means of payment, the number of transactions on the Bitcoin network has increased significantly over the past few years. Unfortunately, with increased transactions, not all of them are verified and added straight away in the blockchain. For several reasons, Bitcoin transactions sometimes fail to confirm or become "stuck." One reason transactions get stuck is miners "prefer" transactions with transaction fees and include them in their blocks almost immediately. Transactions with…
5 years ago
Blockchain Courses: Best Free and Paid Online Courses on Blockchain
Educating yourself about blockchain and cryptocurrencies at this stage, before the mainstream population has discovered the innovative technology, brings you a great advantage. Adopting blockchain technology by large corporations, governments, and other global entities are projected to increase rapidly. The multitude of blockchain use cases and the quest for Central Bank Digital Currencies continue to increase. Learning Blockchain technology can diverge into two broad areas: Understanding Blockchain and Developing Blockchain. Enthusiasts worldwide are flocking in to understand what this new…
5 years ago
Ethereum Dapps – The Best Dapps on the ETH Blockchain
What Does Ethereum Do That Other Platforms Can’t? Dapps, or decentralized applications, are a part of the whole Smart Contracts ecosystem. Running dapps on the general-purpose, multi-faceted Ethereum blockchain offers added security benefits. Since the transactions are distributed and encrypted across the Ethereum blockchain, there is no central place for a hacker to breach and gain access. It is unanimously considered that Ethereum is perhaps the best platform for building dApps. Thanks to its very own language, Solidity, this enables developers…
5 years ago