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
The Beginner’s Guide to Tether – All You Need To Know
In the past two years, few other cryptocurrencies have attracted the same controversy as Tether. The stablecoin that facilitates fiat money transfers without currency regulation has come under accusations of misconduct. However, crypto industry experts still rate it highly (3rd most valuable cryptocurrency) and consider the allegations nothing more than nasty rumors to create FUD (fear, uncertainty, doubt) movement. Tether works on the Omni platform and top of Bitcoin and Ethereum blockchains, reducing transaction times and fees to make money transfers…
6 years ago
The Beginner’s Guide to XRP and Ripple
International money transfers take between 2 and 5 working days. The time you must wait for a transaction to complete often breeds frustration, anxiety, and stress. The current system seems obsolete and expensive; moreover, in an age where most operations are online, instant, and accessible. XRP is a cryptocurrency that aims to change all that and make money transfers immediate, cheap, and easy for everyone. Ripple's most successful product in terms of blockchain technology has already gained universal appraisal and…
6 years ago
Beginner’s Guide to the Types of Cryptocurrency Exchanges
With the constant surge in cryptocurrencies and their applications, investors and traders demand Cryptocurrency Exchanges perform trading. Therefore, Crypto Exchanges play a vital role in the development of the blockchain industry. Simply put, a Cryptocurrency Exchange allows investors to trade instantly and buy or sell cryptocurrencies. For investors looking to enter the cryptocurrency space, a centralized exchange is still the most common means of doing so. But the list doesn't just end there. One must know about the other options…
6 years ago
How can Blockchain Technology and Bitcoin change the financial systems?
Blockchain technology is rapidly evolving and expanding its use in various industries. It has already rocked the financial sector and set its sights on changing the world as we know it forever. Blockchain surfaced as another nonconventional term in the technical dictionary that accompanied Bitcoin's inception more than a decade ago. At first, blockchain was part of the uncharted territory of the cryptocurrency world. Today, it is an established technology with a game-changing capacity and limitless possibilities for development. It…
6 years ago
The Beginner’s Guide to Stellar Lumens (XLM) – All You Need To Know
Boasting a galactic ensemble of developers and one of the fastest cross-border exchange networks in the industry, Stellar is a success story waiting to happen in the world of cryptocurrency. Spurring from the creative mind of Jed McCaleb, Stellar announces itself as "borderless, limitless [and] powerful." With skyrocketing transfer speeds and some of the tiniest transaction fees on the market, this decentralized platform aims to practice what it preaches. Stellar comes with its crypto that bears an equally cosmos-like name.…
6 years ago
The Beginner’s Guide to Cardano – What You Need To know
Cardano provides one of the most secure cryptocurrencies by mixing a scientific approach with philosophy. Most probably, the future of mainstream crypto as we know it. While miners inhabit most blockchain-based ledgers, Cardano amassed many mathematicians, scientists, and independent thinkers. Together they develop and support an open-source and patent-free platform where users can create and execute DApps and smart contracts faster on a multi-layer protocol. Like most decentralized and highly-promising public networks that use blockchain technology, Cardano has its native…
6 years ago
Cryptocurrency Exchanges Most Appealing to Technical Traders
To effectively day-trade cryptocurrency or any instrument, traders must consider many considerations and variables. The factors can be external and technical. External factors include public perception, regulatory news, updates, profit statements, etc. Therefore, external factors have to be studied carefully and updated. On the other hand, technical details may include the perceived future trend, long-term and short-term positions, and so on. For a trader, the external factors can be effectively managed by updating their portfolio based on the news they…
6 years ago
An Overview of the Different Types of Cryptocurrency Wallets
Asymmetric Cryptography or Public/Private Key Cryptography is the backbone of the modern information society. They comprise two uniquely corresponding cryptographic keys (basically long random numbers) where the key pair are mathematically related. Whatever is encrypted with a Public Key may only be decrypted by its corresponding Private Key and vice versa. Public Key Cryptography can, therefore, achieve confidentiality. For asymmetric encryption to deliver confidentiality, integrity, and authenticity, users and systems need to be sure that a public key is authentic, belongs…
6 years ago
The Beginner’s Guide to Binance Coin – What You Need To Know
A little more than three years have passed since its release, and Binance Coin (BNB) is enjoying both a successful evolution and a promising future. While you cannot mine it, you can use this utility token from Binance Exchange for online payments and buy virtual gifts on various platforms. Furthermore, you can purchase BNB with fiat currency at over 150 CoinFlip ATMs across the US. If you are trading cryptocurrencies on Binance and aren't using Binance Coins yet, you are…
6 years ago