People see cryptocurrencies as either the future of finance or a pyramid scheme filling scammers’ pockets. No matter which of these two groups you belong to, it is undeniable that cryptocurrencies are becoming a part of our everyday world, and brands are heightening their acceptance of any payment in cryptocurrency. The first cryptocurrency to ever […]
Cryptocurrency
The news of the FTX crash is spreading like fire. FTX is on the brink of total collapse amid liquidity concerts and rumors of misused funds surfacing. These rumors became more concrete when a mass volume of investor withdrawals followed them. FTT, the native token of FTX, tanked. The plummet in prices affected other coins […]
Released as open-source software in 2009, Bitcoin was the first decentralized cryptocurrency and became the largest by market cap. But the concept of digital asset mining was proposed 27 years before this, in 1983. Today, there exists over 12,000 cryptocurrencies, and some companies accept them as valid payment methods, such as big tech giant, Apple […]
Bitcoin itself came as a response to the 2008 global recession. Introducing a new path to transact without depending on the power of third parties, such as banks. The failing ones, in particular, were still bailed by governments at public expense. Given its birth nature, people always consider bitcoin a decent way to fight the […]
With the surge in its popularity, Bitcoin often gets labeled left and right. The labels can often be misleading, especially the brand ‘Digital Gold’ or ‘Gold Replacement.’ The bank of Singapore went as far as claiming that Bitcoin will replace Gold as a store of value. Such notions are incredibly flawed. Carelessly throwing them around […]
Inflation is a part of every economic lifecycle. While it should be expected, keeping your money in cash can prove the universe. Currency can lose value during inflation, and its purchasing power can diminish. That’s why many people turn their cash into aspects that can hold their worth over time. Stocks, bonds, crypto, and Bitcoin, […]
Humans are limited creatures, and it is this fact that pushes people to use a crypto trading algorithm. We need to sleep, we make wrong decisions, and our actions are often guided by emotions rather than logic. In the world of trading, crypto or otherwise, this can be a detriment for those who wish to […]
Recently, Cardano debuted its anticipated Vasil hard fork. An update to the base coin of Cardano. It is a backward incompatible upgrade. Cardano will only apply it to the coins created after its launch. The Vasil update was implemented to promote innovative contacts capabilities while reducing costs. Vasil will refresh the scripting language and build […]
The Cryptocurrency Terra Luna crash shocked the crypto world upon its unfolding a while back. In an upset that shook the crypto world, Terra came crashing down. The Cryptocurrency Terra Luna’s plummet towards the crypto abyss was so impactful it de-pegged the stablecoin TetherUSD(UST). Such a massive collapse can teach us a lot upon reflecting […]
The Ethereum merge has finally happened; Ethereum 2.0 is here. Ethereum founders initiated this update to tweak some of the shortcomings of Ethereum. It is not there to replace the original currency but to expand on it and make it more robust. The merge does upgrade the base Ethereum, but the coin still suffers currently, […]