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…
Cryptocurrency
The Difference between Buying Crypto CFD and Buying Crypto
Cryptocurrencies remain one of the most exciting assets that online traders will ever have. The industry is slightly above a decade old, and there are thousands of crypto-millionaires already. Anyone can get filthy rich through cryptocurrency investments, although it still comes with various risks. Volatility is a significant drawback in the crypto world, and why many people have remained skeptical about cryptocurrencies for a long time. Most people are afraid of holding crypto coins due to price volatility issues and…
4 years ago
A Beginners’ Guide to The Flare Network
One of the most exciting and far-reaching evolutions in the blockchain network has been the Decentralized Applications (DApps) and smart contracts. As the pioneer of this evolution, the Ethereum blockchain has been propelled into being the most versatile in the crypto space. It is also the second-largest by market cap. Borrowing from Ethereum's ever-increasing popularity, other blockchain systems have been keen to explore this evolution. A good example is Cardano, having risen to its current position as the third-largest by…
4 years ago
A Look at The Binance Smart Chain (BSC) – How Does It work?
The Binance Smart Chain (BSC) is the latest addition to Binance's ecosystem. This fourth-generation has built blockchain to bring advanced features and DeFi capabilities into the network. The BSC was devised as an independent blockchain to the network’s original Binance Chain project. The developer’s decision to pursue a dual-chain architecture has paid off. The new blockchain increased both the usability and functionality of the network's utility token, BNB. The additional benefits gained from the new network have translated over into…
4 years ago
A Guide to RAI Finance – Is This the Future of Cross-Chain Trading?
The decentralized finance sector continues to expand and produce new and interesting protocols every day. However, the niche struggles with the same problems that inhibit the entire crypto industry from progressing at lightning speed. DeFi sees its progress striving to solve problems like scalability, liquidity, and asset diversity. Fortunately, there are projects with million-dollar plans to eradicate these issues. One of them is RAI Finance, a decentralized cross-chain exchange growing on Polkadot just as fast as the DeFi boom of…
4 years ago
How to Sign a Message with Bitcoin – Sign Message
Learning to sign a message with Bitcoin is the next step in becoming a more informed investor. Most people are surprised to learn that message signing is a basic feature of Bitcoin. The purpose of message signing is to prove that you are the actual owner of an address without moving any assets. You must possess the account's private keys to sign a message on the blockchain. Benefits of Message Signing The ability to sign messages may seem trivial, but…
4 years ago
The Bitcoin Store of Value (SoV) vs Medium of Exchange (MoE) Debate
There’s been a quiet war raging behind the Bitcoin scene for years that most investors are unaware exists. The Bitcoin Store-of-Value (SoV) vs. Mode-of-Exchange (MoE) debate is perhaps one of the most heated discussions in Bitcoin. Both sides of this argument have gone to great lengths to further their cause and prove that they are right. However, it’s been 12-years since Bitcoin's launch, and no clear winner is evident. Here's a glimpse into one of the oldest and most controversial…
4 years ago
8 Important Cryptocurrency Projects Besides Bitcoin
The crypto-scape is constantly evolving. New features, platforms, and networks continue to enter the market weekly. While many of these new ventures are simply rehashes, some projects fully embrace innovation. These eight projects are reshaping the market and changing how people think about cryptocurrencies. ETH 2.0 Ethereum had a massive upgrade. The world's largest ecosystem has converted from a Proof-of-Work consensus mechanism to a Proof-of-Stake. The new Ethereum is faster, more flexible, and offers regular users the chance to secure the…
4 years ago
A Beginners Guide to Cryptocurrency Nodes
The database technology behind cryptocurrencies has sparked interest in different industries globally, including government entities. The technology mimics an enormous ledger responsible for indexing and recording completed cryptocurrency transactions. However, the most intriguing bit about blockchain technology is not just its nature as a distributed ledger technology (DLT). It is the level of security that comes with the distribution of information across the network of nodes. The nodes are the most critical components of the entire blockchain infrastructure, creating the…
4 years ago
Etherscan – Helping to Support A Vibrant Ethereum Ecosystem
Etherscan is an independent blockchain explorer that has seen considerable growth in-line with the overall expansion of Ethereum's ecosystem. The platform functions kind of like a search engine for the Ethereum blockchain. Anyone can use this protocol to research, confirm, and validate transactions that have been confirmed on the Ethereum blockchain. The platform provides an easy way for regular users to navigate the distributed network. Consequently, its regarded as one of the most valuable resources available to Ethereum network participants.…
4 years ago