Browsing: Introduction to Cryptocurrency

The cryptocurrency world is only a little more than ten years old, but it has already revolutionized finance and brought many new and exciting opportunities. While Bitcoin has taken the online community by storm, Ethereum has quietly established itself as one of the most influential cryptocurrencies to date, making this Ethereum vs Bitcoin comparison so important. Many factors contribute to the popularity of Bitcoin and Ethereum among investors, developers, and even ordinary people who want to learn more about this exciting technology. This post will examine the key differences and similarities between Ethereum and Bitcoin, how their technologies have evolved,…

Read More

NFTs, also known as non-fungible tokens, has swept the globe. Disney NFTs were a pipe dream when they first appeared as a concept in 2012, and they’ve come a long way since the MoonCats and Rare Pepe NFTs. That means bigger names like Coca-Cola, the NBA, and even Disney are getting in on the action. Looking through the Disney NFT collection is the best place to start if you’re curious about the House of Mouse’s plans in cyberspace. What are Disney NFTs? Official Disney NFTs are available from a collectables company called Veve. Veve is a premium digital collectables-based NFT…

Read More

At its 2022 hackathon, payment giant SWIFT hopes to attract the industry’s top minds to collaborate and develop. SWIFT, the world’s largest payment company, chose “Digital assets: exploring interoperability and ownership” as the theme for its 2022 hackathon to unite the best minds in the sector and foster innovation in the field. The company acknowledged the significance of digital assets for the future of finance by stating: “Digital assets are a key topic on the innovation agenda, as many leading forces in the industry know.” SWIFT also disclosed that it has been conducting independent and collaborative research on digital assets.…

Read More

These three terms are similar but different. Here’s the connection between a ticker symbol, a cryptocurrency, and a blockchain network. Ether vs. Ethereum – When getting started in the world of cryptocurrencies, three basic terms are used to talk about a blockchain and its own currency. For the Ethereum blockchain, these terms are “Ethereum,” “ether,” and “ETH.” Even though they are related, there are some small differences between them. Knowing what a blockchain is will help you understand its context. A blockchain is a decentralized network that is run by independent people and businesses all over the world. Each of…

Read More

Many market participants believe that the highly anticipated Ethereum Merge will be beneficial to ETH. The inverse is more likely. I don’t usually make predictions about asset prices in the short term. However, the financial markets will occasionally throw a big pitch.Well-followed traders of digital assets, such as Arthur Hayes, Mark Cuban, and Travis Kling, have made very public statements (e.g., here and here) about how bullish the upcoming Ethereum Merge will be price of ETH. I believe the inverse is more likely. The most anticipated event in digital assets … ever You’ve probably heard of the Ethereum Merge if…

Read More

Chains like Polygon and Kadena are wooing coders whose work is jeopardised by Terra implosion with multimillion-dollar ecosystem funds. Terra’s abrupt demise resulted in a crypto market sell-off, billions in lost fortunes, and rumours of a class-action lawsuit. However, Terra’s most precious asset — the creators’ loyalty – is also being questioned. With the release of Terra 2.0, projects must choose whether to stay faithful to the Terra ecosystem or take a different path. Competing blockchains are enticing them to go to greener pastures by offering significant incentives. Will they decide to stay or leave? Other Terra project tokens were…

Read More

The circulating supply of Terra (LUNA) was inflated, which several traders who rushed to buy LUNA cryptocurrencies were unaware of. The Terraform Labs team was forced to cease the Terra blockchain because to the severe inflation, but the harm had already been done: during the crash, the LUNA supply of coins in circulation increased by almost 18,000 times, from roughly 350 million to 6.5 trillion. What is Luna? The Terra network’s native tokens, Luna and TerraUSD (UST), are both blockchain-based projects developed by Terra Labs in South Korea. “The Terra blockchain is built on Cosmos SDK,” according to CoinDesk , “a…

Read More

Bitcoin’s true acceptance level is significantly lower than many people believe, which means its upside potential is much greater. President Joe Biden of the United States signed an executive order on digital assets on March 9. A senior administration official responded to the order by claiming that 40 million Americans – or 16% of the overall population – had invested in or are trading cryptocurrency. The official’s statement reflected the findings of a Grayscale Research research from December 2021, which indicated that 26% of Americans possess bitcoin (BTC). (Editor’s note: Grayscale is owned by CoinDesk’s parent firm, Digital Currency Group.)…

Read More

The Terra (LUNA) cryptocurrency fell from $120 to $0.68, a drop of 99.5 percent. Of that drop, 98 percent happened in just one day, which is called a “black swan” event. The SPX fell below 4,000 for the first time since May 2021, and Bitcoin fell below $28,000 for the first time since January 2021. The strength or weakness of Bitcoin is often related to the strength or weakness of altcoins, and the correlation between the crypto markets and the S&P 500 as a whole hit a 17-month high in March 2022. But the reasons for the LUNA crash go…

Read More

As a result of industrialization and technical engagement, virtual currencies are gaining an advantage over others. One such cryptocurrency is bitcoin. Many of us are definitely familiar with this well-known lingo. Cryptocurrency is the only thing that puzzles me. What are the advantages and disadvantages? Is it worth investing in 2022? If you have any such questions, the answers can be found here. Everything in the world has advantages and disadvantages. Similarly, crypto has both benefits and drawbacks. If you’re afraid of cryptocurrency’s limitations, we guarantee that after you learn about the advantages, you’ll quickly forget about the problems and…

Read More