Bitcoin is the most commonly known cryptocurrency. It’s a decentralized digital currency that is secure and private and can be used in transactions worldwide. It carries with it a number of pros and cons and is currently rather volatile.
In this section we discuss everything Bitcoin including how it works, what it’s worth, how you can “mine Bitcoin”, and more.
In cryptocurrency, the term “token” describes a digital asset. It refers to the fact that cryptos are both value tokens / currency tokens (they represent value, but aren’t themselves of any inherent value) and they use strings of data called tokens (tokenization is a type of encryption). Meanwhile, sometimes when people say “token” they are referring to digital assets that are built on another cryptocurrency’s platform like Ethereum’s ERC-20 tokens.
Bitconnect shut down its lending and exchange platform with little warning. Investors subsequently lost 90% of their value on paper. Here is everything you need to know.
The total market cap of cryptocurrency is near an all time high, Bitcoin dominance is at an all time low, and altcoin dominance at an all time high. What can this tell us?
We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
Ether (ETH) hit an all time high on January 9th due to a series of events explained below. Unfortunately, most of the rest of the market suffered a correction.
Bitcoin (BTC) is a digital asset, specifically a “cryptocurrency.” Bitcoin transactions are recorded on a decentralized and distributed digital public ledger called a blockchain.
Merrill Lynch has banned clients from trading the Bitcoin Investment Trust (GBTC) and Bitcoin futures due to concerns about these Bitcoin related investments.
In general, when Bitcoin stagnates it gives altcoins a chance to run. The Bitcoin stagnation that started in December 2017 set the stage for an altcoin boom like few before it.
Bitcoin has struggled to stay in the $14k range after hitting a high of $20k. Logic might say sell and wait, but those who sell could miss a number of forks.
To get “free coins” from a Bitcoin fork, you need to have Bitcoin on a platform that supports the fork before the block height at which the fork occurs.
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