Cryptocurrency

The global financial sector is drastically changing after the advent of cryptocurrencies in the market. A plethora of crypto ensures that everyone is spoilt for choice in investments, payments, and exchange depending on their needs. The success of digital currencies and blockchain technology is giving a wake-up call to different industries. Therefore, it is an era where the adoption of the two entities is nigh. Considering the alterations that continue to flood blockchains, their applications are endless. For this reason,…

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…

In June 2018, a post by Forbes magazine focused on a crypto enthusiast's tweet discussing the deep manipulation in the crypto market. The Twitter account user cited many practices of crypto exchanges that are illegal in traditional exchanges. Some of these practices include wash trades, spoofing, and front running. Market manipulation involves a collection of different practices to influence the market for personal gain. Therefore, it is vital for you, as a crypto enthusiast, to better understand market manipulation and…

The Scam Market When a project seems to lack any practical usefulness, and the business idea behind it is suspicious, it is often a scam. The newfound complexity and unfamiliarity of the cryptocurrency sector is a ripe area for all types of such scrupulous activities. As one considers knowing about and investing in different projects in the cryptocurrency ecosystem, it is essential to be aware of the possibilities of losing one's investments. Scamming is the elaborate process of taking advantage…

As the Coronavirus continues to wreak havoc on the global economy, there appears to be momentum gaining in the crypto market. This growth has led analysts to examine the effects of the global pandemic on cryptocurrency adoption and development. Interestingly, Covid-19 appears to highlight some of the crypto’s best qualities. Coronavirus Pandemic For anyone who just returned from outer space, the world is currently in the grips of a global pandemic officially labeled Covid-19. This highly contagious virus is responsible…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $334 billion. Bitcoin increases by more than 17% to reach $12,100 before losing $1,000 on Sunday. Ethereum gets a spectacular boost of 26% to climb over $400 XRP regains its position on the market cap podium after a remarkable 30% surge The newly-released DeFi token YFI becomes the second-most expensive crypto. Crypto Trends 27th…

Cryptocurrency came into existence in 2009. Since its invention, the market has grown significantly; today, there are over 20000 cryptocurrencies. It has become a competitive market with key industry players and competitors. Further, the industry has developed different terms and phenomena, such as 'Altseason' and 'Altcoins,' which cryptocurrency experts and traders explain. Bitcoin was the first and most significant cryptocurrency. However, several other cryptocurrencies have come up, including Monero, Ethereum, XRP, and Dash, which are all alternative coins. These alternatives to…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $300 billion Bitcoin liquidated $74 million-worth of smarts to surge as high as $10,272 Ethereum price explodes over the $300 barrier and setting new records for 2020 XRP increases by more than 5% to trade at $0.22 The total funds locked in Decentralized Finance (DeFi) projects reaches $4 billion Crypto Trends 20th - 26th…

An economic recession is a period that is characterized by a slowdown in the level of economic activities. There is a massive fall in both individual and government spending, and the situation can last for more than a few months. According to the macroeconomic view of a recession, it occurs when a negative GDP records for two consecutive quarters. Business cycles contract and there is a general excess in supply of goods, increased unemployment levels as firms scale down expenses,…