Month:February 2021
What steps should I take to kick off a cryptocurrency venture?
The rise of cryptocurrencies, like Bitcoin, has attracted a multitude of entrepreneurs eager for success. Despite initial doubts, cryptocurrency has now entered the mainstream, as its transparency, security, and user-friendliness have become appealing in comparison to traditional monetary transactions. The year 2021 witnessed a significant shift...
What Factors Influence the Value of Cryptocurrencies?
Bitcoin has been reaching unprecedented heights over the past weeks. Since the beginning of the COVID-19 crisis, BTC has soared by approximately 1250%. To understand Bitcoin's price more contextually, it's insightful to look back at its price history: it began at $10.90 in August 2011 and surpassed the $1000 threshold in...
A Brief Guide to Evaluating Your Cryptocurrency Trading Results
Today, markets such as Equity and Forex are not the only popular trading arenas. With Bitcoin and Blockchain gaining traction, mainstream interest in crypto trading is burgeoning. This market has emerged as a leader, as evidenced by the rise in crypto trading volumes. What defines Crypto...
Where And How To Pay With Bitcoin In 2022
Originally designed for transactions, Bitcoin has evolved into a speculative asset—a fact that might be surprising amidst the trading frenzy. Satoshi Nakamoto's creation still holds the promise to change the face of commerce, despite the current preoccupation with its fluctuating market price.
What Exactly Are Altcoins and How Are They Implemented?
Altcoins encompass all cryptocurrencies developed after Bitcoin, often boasting innovative advantages. Over recent years, they've gained a foothold in the market. The dawn of 2009 brought about a currency transformation that initially received little attention...
Altcoins vs Bitcoin – Which One Will Weather a Market Downturn?
In the last decade, cryptocurrencies have revolutionized the financial industry. Bitcoin started this era, leading to its synonymous association with cryptocurrency at large. Soon, a multitude of altcoins was created. However, investors remain wary of a potential market collapse threatening the crypto sector...