Cryptocurrency

The advent of cryptocurrencies and blockchain technology ushers a new paradigm in the world of passive income. Besides introducing innovative earning methods, cryptocurrency has disrupted incumbent passive income models. Outlined below are some of the most profitable streams of passive income: Staking and Loaning Staking and loaning are the same things, except for the context in which the money is risked. Staking has been previously identified as a profitable stream wherein users stake their coins and earn interest on them;…

Learning to invest in cryptocurrencies may seem like a daunting venture for beginners. This is because one must quickly grasp many terms and definitions to succeed. What is Bitcoin, and what is blockchain technology? What are tokens, wallets, and ICOs? Can you get rich overnight? Do you pay taxes for digital assets? And, how does "Proof of Work"…work? Like any financial enterprise, the crypto industry has success stories and horror tales of bankruptcy-inducing scams. Some people enter the market with…

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 $204 billion. ● Bitcoin prices cannot get over the $8,000 threshold. ● Ethereum value stays put at around $150 ● Ripple does not let intense market volatility sink its value under the $0.225 mark. ● UpBit gets hacked for over $50 million worth of Ethereum. Crypto Trends 25th Nov – 1st Dec 2019:…

Highlights: Cryptocurrencies are a new technology that decentralizes the transfer medium, i.e., currency. Cryptocurrency is different from Blockchain. A Blockchain is a protocol, one of the applications of which is a cryptocurrency. Blockchain is a decentralized network of nodes with various daily applications. Cryptocurrencies use decentralized control instead of centralized digital currency and central banking systems. One can buy and sell cryptocurrencies in a cryptocurrency exchange. Introduction Satoshi Nakamoto, a pseudonym on the internet, borrowed from several ideas. He/she/they posted a…

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…

The world today, as we know it, is benefiting greatly from harnessing the power of cryptocurrencies. Unlike traditional financial systems, these digital currencies are easily exchanged with the help of cryptocurrency exchanges. Banks and financial institutions also offer exchange services; however, traders cite specific problems such as high trading fees and slow exchange operations. On top of that, banks put users at risk of manipulation despite acting as the primary link between traders. Luckily, some of the most prominent exchanges…

Investors in the crypto space regularly find themselves in a difficult position when implementing specific investment strategies. In particular, Newbies have difficulty understanding cryptocurrencies and how to leverage them for profit maximization. It is indisputable that digital currencies tend to be volatile, making them a risky venture. Without a solid investment plan, investors can easily experience financial losses. However, mitigating these risks is more comfortable with the power of crypto trading bots. In essence, trading bots are software that applies artificial…