Cryptocurrencies represent an internet-based medium of exchange that takes advantage of cryptographical functions in order to conduct financial transactions. They leverage blockchain technology to achieve decentralization, immutability, and transparency.
According to the latest crypto news, there are thousands of cryptocurrencies in existence. However, the most popular ones include Bitcoin, Ethereum, Ripple, Binance Coin, Bitcoin Cash, Tezos, Tron, Litecoin, and EOS, acquire more than 80% of the total market cap.
Decentralized cryptocurrencies such as Bitcoin, have one substantial advantage - no single authority can control them. Instead, they are governed by an algorithm that’s pre-programmed and defined. This takes away the human factor and makes the entire network transparent and immutable.
Cryptos can be sent directly between two parties, in a rapid and cheap process, compared to traditional bank transfers. Since there is no central authority or a middleman, the users can go through the process without having to worry about complying with different rules.
Etheruem has now increased by a total of 7.10% this week as the cryptocurrency edges toward $270. The bullish momentum has been fading. However, the buyers are still battling to stay present in the market. ETH made another attempt to
Justin Sun, the founder and CEO of TRON blockchain, told CNN’s Julia Chatterley during a new interview that he is a long term believer in cryptocurrencies. He said he is very bullish on Bitcoin and also holds significant investments in
Traditional financial markets are plunging today amid fears of the spreading coronavirus. While indices and stocks tumble across the globe, gold is increasing as investors turn to it as a safe haven. It reached its highest point since 2013. Amid
The saga with the largest video sharing platform YouTube and cryptocurrency content producers continues. This time, another large account has complained that his videos have been flagged as “harmful or dangerous content” without any real reason behind it. The issue
The oldest privately owned bank in UAE, the Mashreq Bank, will utilize blockchain, according to the bank’s Executive VP. By using the technology’s security and easier integration, they will create a platform for smart banking. Mashreq Bank To Use Blockchain
With Bitcoin’s price increase in 2020, so does the interest in futures trading. A few days ago, for instance, CME recorded one of its best trading days with over $1 billion in daily volume. Other significant names in Bitcoin Futures
Cryptocurrencies and blockchain recently received significant mainstream exposure. One of the most popular TV Shows, the Simpsons, ran a whole segment about both. It explained in a simple language their features and purpose, and referred to cryptocurrencies as “cash of
It has been almost two weeks since the Trinity wallet attack, which has seen IOTA’s transaction coordinator halted. The fiat on-ramp was exploited by a hacker who leveraged the vulnerability to access IOTA’s Trinity wallet software, which was integrated with
Bitcoin’s total supply gets distributed among more addresses as its network matures over time. At the same time, some notable altcoins have up to 95% of their total supply held by several large addresses. This information came from a report
XRP increased by a small 3% over the past 24 hours as it rebounded at $0.27 to climb back above $0.28. This price increase is driven by Bitcoin making its way back toward $10,000. Against Bitcoin, XRP reversed at 2820
