What is a blockchain? A blockchain is a decentralized, immutable digital database that may be used to record nearly any economic transaction, including money. Using encryption, cryptocurrencies secure their transactions and control the creation of new units. Digital or virtual tokens are considered cryptocurrencies. The first cryptocurrency was launched in 2009 and was called Bitcoin. The market...
Cryptocurrency has featured heavily in the news for well over a decade now, and while the topics may change, one thing remains the same: everybody sees its potential but also that the bubble can burst at any time. Whether you are for crypto or against it, it has certainly earned some merit as a functional asset for so many investors, businesses and even economies worldwide. As the potential has...
If you need to make money, digital currency trading is the best method. But, Cryptocurrency trading comes with many risks. Before trading, you need to develop a cryptocurrency trading strategy which meets your goal. The trading strategy sets out plans for when to trade on crypto, how much money you need to risk on every position and when to exit them. A digital currency trading strategy...
Bitcoin trading can be a lucrative venture, but only if you know how to manage your earnings. If you’ve had success selling your Cryptocurrencies at higher prices, you might be wondering where you should spend your profits. After all, if you’re in the green, it would make sense to extend your wealth by investing in something that will return a profit down the road. While most traders will likely...
Cryptocurrency trading is a fast-growing industry that has few standing rules. Although it’s common to see individual traders executing trades without the assistance of an exchange, there are also a growing number of completely self-operated cryptocurrency trading platforms. These firms act as a middleman between buyers and sellers. They take fees in exchange for facilitating transactions...
Since the COVID-19 pandemic, we’ve all been pushed to the brink of digital transformation, and quite forcibly as well. However, thanks to the dynamism it provides, the “new norm” has helped businesses get more sustainable and break through supply chain resilience efficiently. According to a report, the overall fairtrade product sales in the United Kingdom increased by almost 14% in 2020. And as...
There is no denying the fact that cryptocurrencies have emerged as a major investment class. While asset management has been traditionally something that we equate with stocks, bonds, real estate, commodities, and metals, the last few years have seen this practice being stretched to accommodate cryptocurrencies. With the rise of multiple cryptocurrencies each coming with its own challenges...
Decentralized Finance (Defi) is here to stay. Experts believe that it has the potential to become the driving force of a more open and transparent economy. Decentralized Finance is notoriously popular parallelly to Cryptocurrency and Blockchain. With the concept of creating a financial network that is decentralized and transparent is in itself amazing. However, experts believe it’s just the start...
Did you know that Satoshi Nakamoto introduced Bitcoin to the world in 2009? The identity of this person or group of persons is a mystery, and no one has heard from them since 2010. They currently hold 980,000 bitcoins making them one of the richest people on the planet. You’ve heard all about bitcoin and blockchain technology. You probably have some funds invested in bitcoin. But many...
Not so long ago, news of China clamping down on anything crypto trading and mining dominated the airwaves, preceding a price dump. Expectedly, the price of Bitcoin rebounded after persuasions from investors who were confident in BTC’s prospects. However, questions still linger on the impact of central bank-backed digital currencies (CBDCs) on the crypto market as all know it. Recently...