Undoubtedly, Ethereum and Bitcoin are two famous cryptocurrencies that have gained great traction over the past few years. Consider these two cryptocurrencies and Pepsi and coca cola of the crypto world. Although many believe these two assets are competitors, the truth must be clarified. In 2009 Bitcoin laid its step in the cryptosystem and has…
Introduction As a result of complicated language and concepts in the cryptocurrency industry, the phrases “coins” and “tokens” are often confused with one another and thought to refer to the same thing. Despite the fact that they are both units of cryptocurrency, “coins” and “tokens” are indeed two distinct things with two entirely different uses…
Most of the tokens in the cryptocurrency market have their Wrapped version. For example, Wrapped Ethereum (WETH) and Wrapped Bitcoin (WBTC) are available on many crypto exchanges. These tokens are termed Wrapped Tokens. Wrapped Tokens are just like any other cryptocurrency, but they’re on another blockchain as compared to their parent token’s blockchain. Wrapped Tokens…
Cardano was developed as the twin blockchain of Ethereum and had the main purpose of making distributed ledger technology possible. The blockchain is also used as a medium of exchange. With the help of Cardano, implementing cross-chain compatibility and smart contracts has become a lot easier. Since there are lots of different blockchains available in…
Macroeconomic Conditions Haunting Effects on Bitcoin Market Uncontrollable macroeconomic conditions have already caused havoc in crypto markets, particularly in the Bitcoin market. Thereafter, the unfortunate collapse of crypto industry giants such as Terra Luna and FTX also severely impacted Bitcoin’s price progression. The impacts coming from these overpowering circumstances have reduced BTC value by 60%…
Bitcoin since Inception till To Date The departing year may not be so great considering the 13-year-long journey of Bitcoin to date. Currently, there are no signs of Santa Rally appearing prior to year-end. Despite the fact that even in the past year Santa Rally did not happen, however, 2021 was the best year Bitcoin…
Ever since the beginning of the last week, the trading price of Ripple (XRP) had been moving in the upward direction. The trend continued moving in favor of the bulls and things were moving toward recovery. The rally continued until December 27 and by that time, the price of the asset had surged by 6%….
The year 2022 has witnessed a major and severe downturn for the entire cryptocurrency industry. If you are thinking Bitcoin or Ether was able to make it through the hard times then you are mistaken. When we say the entire cryptocurrency industry, it means the entire cryptocurrency. This is because people lost their trust in…
One of the biggest benefits of buying crypto tokens during their presale rounds is the tokens are available at heavily discounted prices. But it is also important to look at the tokens’ merits and demerits before investing in presale. As hundreds of newly launched tokens are available on a daily basis during their presale rounds,…
It is a quite common tradition in the cryptocurrency industry that whenever a general downfall comes up, it is the major crypto that takes the most amount of damage. However, the major cryptocurrencies have always proven to be quite resilient against such downtrends. They always find their way around uncertainties and downfalls. This is the…
Bitcoin Lightning Network Intro One may not be able to derive any benefits from Bitcoin but Bitcoin is capable of benefitting others. This is so true because the Bitcoin blockchain also owns a system called ‘Bitcoin Lightning Network’. It is a system specifically designed to execute local and international digital fund transfers against fiat and…
LTC – This Week’s Biggest Crypto Mover It turned out that Litecoin (LTC) had been so far the ultimate shaker of the crypto economy as the coin is consistently obtaining value gains. On 5th December 2022 alone, LTC saw its value surging in back-to-back two sessions on Monday. Resultantly, LTC has been able to move…
In the running year, the cryptocurrency industry has become a major loss for all kinds of investors. Like the rest of the investors’ groups, the crypto miners are also facing a downtrend. Even when the year is about to end in less than a month, the crypto mining sector is facing a crisis. Although the…
ApeCoin Treasury transferred roughly 4.6 million APE tokens (worth $19.7K) in early 30 November. APE price increased by 23.8% over the past seven days. $4.07 (where 1080 wallets hold 15.59M APE Coins) could present reliable support. ApeCoin has seen its price increase by more than 40% since 18 November, making traders and investors hopeful for…