Latest Posts with Cryptocurrency tag

Cryptocurrency

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Cryptocurrencies are digital assets that have strong foundations in cryptography, designed with the intention of being a decentralized medium of exchange and store of value, among other uses.

Most cryptocurrencies are built using blockchain technology, with Bitcoin being the first of its kind, at least as far as what we consider cryptocurrencies to be today. Other technologies, like the IOTA project’s Directed Acyclic Graph (DAG), also exist. 

Starting with Bitcoin, cryptocurrencies have been designed with democracy and transparency in mind, as several permissionless blockchains, in theory, grant equal power to every node on the network. Blockchains are also designed to resist tampering; any fraudulent financial would require an immense amount of computing power or resources to happen. Theoretically, it is possible to alter data on the ledger but Bitcoin has proven resistant to this. This security is another selling point of cryptocurrencies. 

A few types of cryptocurrencies have come to form their own categories over the years. Some of these are security tokens, stablecoins and utility tokens. 

Stablecoins, for example, are assets that are pegged to a fiat currency and aim to remain at the price of $1. The benefit of this is that investors can use the stablecoin to mitigate the effects of the market’s volatility. Utility tokens are tokens that are used to access products and services, and flow back into the platform’s ecosystem. Security tokens are tokens that, when invested in, holders can expect a profit from.

Blockchain technology is considered to be very early in its maturity and as such multiple pioneering upgrades and research are currently taking place.


Crypto Donations to Greenpeace

1 minute ago 1 minute read 0 comments NOWPayments

Crypto donations make the world a better, happier place. Wikipedia accepts donations in crypto, and so do various charities, but there is so much more than they could accept and so many more people, crypto-enthusiasts, to reach! Are you a non-profit...

Binance: Staking and BETH

11 minutes ago 1 minute read 0 comments alturn

After Coinbase's announcement that it will support ETH 2.0 staking, comes the announcement of the Chinese company Binance (see article on Coinbase here).The service will be launched from December 02, 2020 at 00:00 AM (UTC). ETH 2.0 participants will...

New Visa Credit Card Offers Bitcoin Rewards Instead of Miles or Cash

19 minutes ago 1 minute read 0 comments Murat Zignec

Visa partners with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with airline miles or Bitcoin instead of cash. Bitcoin to be issuedBlockFi states that if Bitcoin Rewards Credit Card users spend more than $ 3,000 in the...

Peter Schiff: "Whales" specially pumped bitcoin to bring it down

44 minutes ago 1 minute read 1 comment World Crypto

Peter Schiff, CEO of Euro Pacific Capital, commented on Bitcoin's rise to all-time highs. Let me remind you that on Monday, November 30, BTC rose in price to $19,736. On some exchanges, bitcoin jumped above the values ​​recorded in December 2017. On...

Top 10 Most Important Cryptocurrencies Other Than Bitcoin

50 minutes ago 5 minute read 0 comments Chriss

The crypto market is a diverse ecosystem filled with different projects all attempting to solve various problems. While it’s hard to argue against the belief that Bitcoin holds the crown as the originator, there are a ton of new projects worthy of pr...

2021 will be the year of the bitcoin

1 hour ago 3 minute read 0 comments Bitcoin Babaji

With bitcoin quietly making history this week, with the highest weekly candle close ever, and the ATH (all time high) breached, the masses are starting to take notice. Those who hesitated to buy in at the lower opportunities are now keen to buy in. W...

My Crypto Estate Worth $1000 - Nov 2020

1 hour ago 4 minute read 2 comments Merthin

Hello crypto fans, As many here, I am going to share with you how my crypto estate grows. As you can see from the title, it's not a big one. It's not pennies either, so I think that this article is for an average Joe. What I will do here, I will shar...

I CLAIM 400 UNI ON MY TRUST WALLET

1 hour ago 1 minute read 0 comments Marekiaro

Uniswap is a decentralized (DEX), Market Maker-type protocol for automated liquidity provision, designed to remove some common barriers in DeFi such as intermediaries and prioritization challenges.     Have you already heard of Uniswap? If you still...

Wall Street Abandons Gold in Favour of Bitcoin

1 hour ago 1 minute read 2 comments ZHC

Bitcoin has often been heralded as crypto's answer to gold. But as Bitcoin breaks all-time highs it may be more a competitor than a comparison. Since November 3, 93 tons of precious metals, worth $5 billion have been off-loaded by bullion-backed fund...

Bitcoin crashes $900 after breaking new high

2 hours ago 1 minute read 0 comments ZHC

We have all been anticipating the milestone of $20,000, however, during trading, its price fell $900 in less than 10 minutes. Bitcoin trading closed at the highest monthly price ever yesterday, only shortly after it set a new all-time record BTC trad...