Born in 2008, with the bitcoin being the first open-source and widely popular cryptocurrency, the fad associated with them seems to have died down. Theirs is a story similar to that of the California Gold Rush of 1840s when three lakh people from all over the United States of America gathered in California to mineRead more..
Cryptocurrency is the latest mode of payment and the promising future of online transactions. Digital currencies have, to a great extent, changed the way we do business in today’s world. Here’s a list of the top 10 cryptocurrencies in the market. Ethereum Ethereum is a digitized and decentralized platform which features the exceptional functionality ofRead more..
A good number of individuals in today’s date have analysed the nitty-gritties of cryptography-backed virtual currency, otherwise known as “cryptocurrency”, say for example, Bitcoin. One definitely realizes that these keep running on a decentralized ledger known as the blockchain. But many are still confounded by a simple question concerning digital currency which still remains unanswered:Read more..
In the domain of stock markets – index funds used to be very popular introductory investments. And why it was so? It is because of the sole reason that newer investors are easily attracted towards it in search of better returns as compared to a lot of conventional hedge funds. The trading in crypto currenciesRead more..
The community of cryptocurrency analysts – which form a large chunk of banking institutions – have carried on their previously stated view of – Bitcoin being a bubble and even some of them have suggested that finally it has burst! Still, with such negative perceptions been getting prevalent in the market – the flow ofRead more..
The trademark characteristic of digital currencies is their virtuality. Cryptocurrencies don’t have physical embodiment like other fiat/traditional currencies. These can’t be attained as coin, gold, fancy bead, or paper. Cryptocurrency is no such physical asset that needs to be secured in bank or in a locker at home. However, similar to valuable things, digital currencyRead more..
Every other day, we hear people talking about new scams here and there. Even the crypto market is not safe from such hazards despite its decentralized and anonymous grid. Mostly, there are stories about investors purchasing cryptocurrencies like Bitcoin and then losing all of it, not because of the market fluctuations, but simply because ofRead more..
Finder conducted a survey in order to find out the American population’s digital currency interest, ownership, and distribution statistics. As per the survey, around 92% of the American population not invested in cryptocurrencies. Hence, it is discovered that just 8% of them are planning to invest in digital currencies in the coming time. Although, researchRead more..
Earlier in this year, Square made an announcement that now Bitcoin trading is available to almost every user on Square Cash (a peer-to-pee payment application). This shows a sudden change in the crypto market as the major financial technology companies started overcoming the renowned cryptocurrency exchanges. Instead of volatility of Bitcoin, the craze for cryptocurrenciesRead more..
It has been reported by the chairman of Central Bank of Italy that – the G-20 nations group is of the view that – the crypto currencies are risky endeavors! However, there is a broad agreement among the member nations that – they should never be out-rightly banned. It is a positive sign coming outRead more..