From the day Bitcoin came into our lives, it has managed to divide the investment world and create a whole new market, that of cryptocurrencies. But some still don’t all know what bitcoin is and how it works. It makes sense to ask, “How do I earn bitcoin? Or, how do I buy bitcoin, and what will it do for me?” So, keep reading to find what you need to know to enter the world of the king of cryptocurrency. What exactly is bitcoin? Bitcoin is a digital currency. In other words, it allows you to make electronic transactions (so it works like regular money). You can use bitcoin to pay for
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On January 15, the Grin mainnet went live, and it’s captured the attention from supporters and speculators across the space since. One of the pioneers behind MimbleWimble tech, Grin’s unwavering focus to privacy and scalability has presented a fresh project and point of interest for enthusiasts to observe. Just two days after launch, Theymos announced that Grin was to be accepted for Bitcointalk forum payments, the first currency beyond Bitcoin to achieve this status. With the support of several other longstanding community members, word of this project spread like wildfire. When it first hit exchanges, GRIN was trading at over
Every day, the cryptocurrency space sees new and exciting developments and progress. One particular area that has seen heightened exposure of late is the stablecoin. Stablecoins play an interesting role in decoupling blockchain utility from market volatility, and it’s likely that the niche will serve a vital role in the public adoption of cryptocurrency. Stablecoins, as the name suggests, represent a category of cryptocurrencies that are not subject to price volatility. They are stable in nature, and this stability typically comes from the backing of some alternative value. Perhaps the most prominent example of a stablecoin is Tether (USDT), which, of course, maintains a value equal
While cryptocurrency is constantly changing, one value that has persisted since the early days is an unwavering commitment to memes. From HODL to BearWhale, the crypto community has primarily kept the culture of the sphere lighthearted and playful. The most recent manifestation of this is the infamous Bart Pattern, a price pattern so peculiar that its wonky formation could only occur in such a zany market as cryptocurrency. Spotting the Bart Pattern The Bart Pattern occurs with a sudden, immediate rise in price, which takes the visual form of a massive green candle. This candle is then followed by a horizontal movement that appears directly perpendicular
With the regulatory noose tightening around the cryptocurrency industry, many investors are turning to privacy-focused cryptos that are immune to legislative interference. There are a number of cryptos out there that focus on anonymity, but Verge is the only crypto that incorporates identify obfuscation technologies such as Tor and i2p to protect user privacy. Verge (XVG), like Bitcoin and other cryptocurrencies, focuses on decentralization, immutability, globality, and speed. Unlike other cryptos, however, Verge was created with privacy as its primary goal, using a wholly unique architecture to deliver complete freedom from interference. Apart from integrating both i2p and Tor anonymity architectures,
As both cryptocurrency and blockchain technology become more and more mainstream, several projects are pioneering the push to incorporate this revolutionary tech into economies, markets, and industries worldwide. As international conglomerates, financial institutions, and national governments begin to incorporate blockchains, it is likely that this fusion will only grow. One such cryptocurrency that has already seen adoption in a number of major industries is ICON (ICX), a South Korea-based project seeking to “hyperconnect the world”. As of today, ICON’s infrastructure is currently being used by a number of banks, hospitals, universities, insurance providers, and investment firms throughout South Korea. ICX is a new
Altcoin exchanges have been a hot topic recently. Top exchanges earned tens or even hundreds of millions of dollars in 2017, despite users of virtually all exchanges running into frequent and significant problems. Such a huge market, combined with the lackluster nature of top providers, creates a prime opportunity for new exchanges to enter the market and potentially grow on the scale of magnitudes. For individuals looking for a slice of the pie, KuCoin Shares (KCS) provides an interesting opportunity. KCS is the fuel behind the KuCoin exchange, a new and quickly growing altcoin exchange striving to rival major players such as Binance. The