Month:June 2021
Cryptocurrency Backed by Gold - What Exactly is It?
Imagine a stablecoin but with a twist: each token is backed by physical gold. Given the wild nature of the crypto world, many find it daunting and instead seek refuge in more traditional investments like stocks and indexes. Yet, gold-backed cryptocurrency provides a fascinating alternative, linking digital currency to a stable physical asset.
How long does Bitcoin take to send?
Bitcoin reigns supreme in the cryptocurrency domain. As the trailblazer, it has held onto its top spot for market capitalization and daily trading volume. But you might be curious about one thing - how long does it actually take for a Bitcoin transaction to go through? In the following discussion, we delve into these details.
Bitcoin Bounces Back Post Elon Musk's Latest Statement
The globe's predominant digital currency sees an upswing in its valuation, spurred by Elon Musk's newest declarations. As of June 14th, Bitcoin has surged past the $40,000 mark. Musk revealed Tesla's plan to resume accepting BTC payments, underscoring the significant sway his words have in the crypto sphere.
Home Mining: CPU or GPU - Which Reigns Supreme?
With crypto gaining momentum, a growing pool of enthusiasts is eager to dive into mining. However, turning this dream into reality isn't a walk in the park—it demands a strong grasp of technical know-how. If you're itching to try your hand at mining, it's crucial to familiarize yourself with the intricate details first.
Bitcoin Recognized as Legal Tender in El Salvador
The foremost cryptocurrency has made history as legal tender in El Salvador. Following a decisive congressional vote, Bitcoin will join the US dollar as an official currency. This groundbreaking move is hailed as a historical milestone by the President, and the nation is set to implement this change within the next three months.
Top Strategies for Safeguarding Your Crypto Assets
As the value of Bitcoin and its peers soars, tales of individuals losing access to their digital wealth frequently make headlines. A notable instance was that of Stefan Thomas, who faced a nail-biting countdown with just two chances to retrieve his 7,002 Bitcoins, worth millions. Safeguarding your cryptocurrency is crucial to avoid similar predicaments.
Google Revisits its Crypto Ads Policy
Search engine titan Google is shifting gears to embrace cryptocurrency advertising in the US. This impending update in their ad policy is slated for implementation by August 2021. This will pave the way for cryptocurrency exchanges and wallet service operators to reach out to potential clients via Google.
How To Mine Monero (XMR) In 2022
In this guide to mining Monero, we're about to break down everything you need to know before you embark on this mining adventure. From setting up your Monero mining rig to the best platforms to trade your coins, we've got you covered. Monero, an open-source cryptocurrency, offers unique possibilities in the digital finance world.
How to Mine Litecoin in 2022?
While Bitcoin is often hailed as the 'gold' standard of the crypto realm for its long-term value, Litecoin is viewed as the 'silver,' favored for its lower cost and daily utility. It first saw the light of day on October 7, 2011, and has been a notable player since its network launched on October 13, 2011.