Sirwin
Sirwin

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.


ICP Technical Analysis: Navigating Trends and Forecasting Movements

11 hours ago 2 minute read 1 comment Daniel Guzman

Welcome back to another insightful update on ICP! If you're new here, hit the subscribe button to stay updated with our latest crypto insights. In today's analysis, we'll delve deep into ICP paired with USDT, examining key trends and potential moveme...

SimpleSwap Trading Contest Is Live

12 hours ago 1 minute read 1 comment SimpleSwap

We at SimpleSwap, the instant crypto exchange, are excited to announce that our new trading contest is live and everyone can be a part of it! SimpleSwap is offering you the chance to compete for a share of a $12,000 prize pool by swapping cryptocurre...

Reply All and Crypto

12 hours ago 2 minute read 0 comments SeventyFourSeventyFive

I think I may have told this story before in some other context, but, here it is again for crypto. When I was first out of college, I went to work selling wireless phones out of a kiosk in a mall for a Sprint. At the time , Sprint was fairly new to t...

Behavioral crypto: how psychological factors drive the digital currency world

14 hours ago 4 minute read 1 comment Sheepy

The advent of cryptocurrencies has not only introduced a new asset class to the financial world but has also ushered in a complex interplay of psychological factors that influence investment and spending behaviors. The Psychology of Investing in Cryp...

Ethereum Prediction: Is ETH Ready to Smash Its All-Time High

14 hours ago 1 minute read 0 comments Coin_Gabbar

Top 1,000 wallets gather 510,000 ETH post-ETF approval #Ethereum maintains stability above the critical support at $3,540, showcasing a strong market foothold. ETH has established a solid base, outperforming Bitcoin and surpassing the $3,730 mark...

Bitcoin Hit 70k Last Night

14 hours ago 1 minute read 0 comments shohana1

Image by Bianca Holland from Pixabay Bitcoin is a digital gold that can be a life changing asset for many bitcoiners in crypto industry. Last night bitcoin hit $70k price once again and this is indeed a good sign. Though I was expecting to see bi...

Technical Analysis of Bitcoin: Price Trends and Future Predictions

14 hours ago 2 minute read 0 comments Daniel Guzman

Bitcoin recently reached a high of $70,000, but has since experienced a decline, dropping by 4.53% to $67,687. In this article, we will delve into the technical analysis of Bitcoin, exploring where the price action might be headed next. If you're new...

Fdr News. Launch of Bitcoin mining token: Hashning (Eng/Fra)

15 hours ago 1 minute read 0 comments Lorenzo The big Brain

(English)  As announced yesterday, meet us between 4pm and 5pm on the SMARDEX exchange for the launch of our Bitcoin mining token: Hashning. Invest your masternode rewards or any other asset available on the platform.   “In an ever-changing world whe...

Why NOT Coin is Poised for a Bright Future: A Beginner’s Guide

15 hours ago 2 minute read 0 comments Trade4Fun

  Introduction As the cryptocurrency market continues to expand, new coins and tokens emerge with unique features and promising potential. One such cryptocurrency making waves is NOT Coin. This guide will help beginners understand why NOT Coin could...

Being Nimble in Crypto Will Determine If You Survive

16 hours ago 3 minute read 2 comments johnwege

If there is one thing that determines the most how successful you are in the crypto market, it is your ability to be nimble. Always paying close attention to the market, being able to make decisions quickly, and adjusting your strategy in an instant....