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 Complete Guide to Crypto ATMS: Here’s Everything You Should Know
Today, the number of crypto ATMs is increasing, with more countries embracing cryptocurrencies. The first crypto ATM was invented in 2013, and since then, that number has gradually increased. However, even as the numbers increase significantly, not all people know about them or their differences from the regular ATMs. Therefore, if you are wondering what they are, keep reading, and this blog will help solve all your questions about crypto ATMs, how many they are around the world, and much…
5 years ago
COVID-19 May Offer Bitcoin a Turning Point According to Tim Draper
A $7 trillion bailout had to be raised to prevent a stock market crash and therefore economic collapse caused by the coronavirus pandemic. During an April 6th interview, Tim Draper voiced the possibility of innovations like BTC and smart contracts to thrive due to the current economic situation. Fixed Bitcoin Supply Draper has expressed skepticism regarding the infinite money printing bailout plans by governments. He believes that fiat money won't pervade the global economy indefinitely. At some point, people are…
5 years ago
Covid-19 Prompts Learners to Swarm Online Platforms For Crypto-Related Courses
Online learning platforms have experienced a ballooning of students enrolling for Bitcoin and cryptocurrency-related courses. Administrators attribute this upsurge to the COVID-19 pandemic. To contain its spread governments have imposed lockdowns and encouraged social isolation. Consequently, many have resorted to online activities, including learning. Surging Enrollment In the last month, Udemy has registered a fourfold increase in demand for Bitcoin and cryptocurrency-related courses. Similarly, Coursera recorded an uptick in Bitcoin-oriented courses over the same period. A Coursera spokesperson submits that…
5 years ago
Crypto Podcasts – Top Trending Podcasts in the Crypto Space
Podcasts have existed on the web for nearly two decades and are the same now as they were initially. Some people consider podcasts a natural extension of the Radio era, and in many ways, it is. Podcasts today are a platform for educators, business advertisers, and advocates to voice their opinions without any heavy investment or fear of failure. There is no particular limit to what a podcast could be about. Their hosts could talk about tech, business, worldly problems,…
5 years ago
Is Cloud Mining the Magic Bullet to Bitcoin’s Scalability and Decentralization Issues?
Bitcoin's scalability and decentralization issues may soon be a thing of the past. Thanks to a new initiative bringing together Bitcoin and its mining community, the network is set for a significant reinvention. In a recent episode of the Crypto Conversation podcast, Marco Streng the Genesis Mining’s CEO emphasized the mining community’s role in Bitcoin's development. Again he delved on the place of innovation, for example, cloud-based mining operations in attaining Bitcoin's decentralization. Breaking Decentralization Mr Streng maintains that cloud…
5 years ago
Smart Ways Scammers are Stealing Your Crypto and Data
Over the years, we've experienced a surge in interest and growth in the use of cryptocurrency. The meteoric rise of digital currency has attracted many people's attention and potential investors. Unfortunately, this surge has also seen an increase in opportunistic crypto scammers and fraud cases. Cryptocurrency owners are more susceptible to hacking scams because online wallets store digital coins. Scammers have also realized clever ways to infiltrate software storage devices like desktops and mobile phones. The increase in fraud cases is…
5 years ago
The Importance of Regulation for Cryptocurrencies
Scams, Ponzi Schemes, and The Crypto Market Scamming is the elaborate process of taking advantage of uninformed individuals or organizations and using their ignorance to get away with their money. Scamming has always been prevalent anywhere money or wealth is involved. Since scams are everywhere, the area of cryptocurrency and blockchain is no different. Cryptocurrency scamming techniques vary in degree and complexity. The new and enthusiastic investor is easily discouraged by the overwhelming amount of information they need to consume…
5 years ago
Indicators Reveal that Bitcoin and Other Cryptos may Uptrend
In the previous few days, Bitcoin and the entire cryptocurrency market performed well. Bitcoin attained a level of $7.2k, which is about a hundred percent from the approximately $3.8k bottom, established on the 13th of March. Even though there is a minimal upsurge, Bitcoin is trading at $6.8k, just below the levels observed before a crash. It seems impressive since it recovered in three weeks, and there is still a potential uptrend. In recent times, Bitcoin’s push over a main…
5 years ago
Binance Purchases CoinMarketCap, The Crypto Tracking Platform
On the 1st of April 2020, Binance announced the acquisition of CoinMarketCap, a renowned crypto data tracking site. As part of the acquisition deal, CoinMarketCap will stay committed to offering the most accurate, quality, and timely crypto data in the industry. However, CoinMarketCap founder Brandon Chez will step down as the company’s CEO. However, Chez will be the advisor for the company, as the current CoinMarketCap’s Chief Strategy Officer, Carylyne Chan, will be the company’s interim CEO. What Industry Players…
5 years ago