The demise of the Terra ecosystem, which later decreased its algorithmic stablecoin, TerraUSD (UST) value before plummeting to a record low of $0.30, has raised doubts about the next steps for not only algorithmic stablecoins but also all stablecoins. The stability and success of UST were closely linked to its sister, LUNA, which offers arbitrage … Read more
Self-sovereignty is the principle of self-sovereignty in the crypto space investors must rely on a decentralized, trust-free network instead of a central authority that can lower the value of holdings of others. A drawback with self-sovereignty is inheritance. The estimated amount of 4 million Bitcoin ( BTC) was lost with time and remains in wallets … Read more
The Bitcoin balances have been reduced to the lowest levels since November 2018. Glasssnode has collected the data in a graph that shows the current value of Bitcoins held by investors. This graph proves that a lot of balance is lost until now. This is not a productive time for Bitcoin. As soon as the … Read more
Over the period, there have been a lot of conflicts that have been reported around the altcoin. The stability in the valuation has been able to expand to the greatest possible extent. An altcoin refers to collecting all the kinds of cryptocurrencies other than bitcoins. The history of bitcoin has been altcoin; however, over the … Read more
Despite COVID-19, the stock markets have kept pushing higher, backed by the exceptional support of the government. But in recent times, murmurings of a crash have been getting louder. In addition, non-implementation of easing policies has only served to justify talks of a possible stock market crash. Bitcoin (BTC) and stocks are traditionally correlated. One … Read more
In the past years, people have heard a lot about theft with cryptocurrency. No doubt, it is not just a rumour as it is true. In 2020, above 1.40 billion USD will be stolen. With an increasing theft rate like this, it might become the costliest time in crypto history. The 2020 year might receive … Read more
Bitcoin is one of the famous cryptocurrencies and occupied first place with the highest market capitalization. The first virtual currency was introduced in 2009 to use it as a reward for the mining process, which can be exchanged for other currencies, products, and services—the first digital currency with decentralization and peer to peer networking. There … Read more
You have to speak of China if you talk about Bitcoin (BTC) mining. With its big mining mines and pools, fast, cheap labor and the majority control of world hash power, China has become a giant in a Bitcoin mine ecosystem. Should you then go there to build a mining operation? Are the benefits above … Read more
In general, for Bitcoin values, 2019 has been a good year. As the year steadily began with a low valuation, the blockchain ended great and came into the new decade with a splash. If you can guess, the Bitcoin price was adversely affected by the latest coronavirus outbreak. The recession triggered the most crucial price … Read more
Cryptocurrency trading is getting popular day by. The virtual money designed to act as a medium for financial cryptocurrency transactions is mainly based or developed using blockchain distributed ledger technology. A computerized database acts as a ledger to record all the details regarding transactions conducted by users. Crypto money doesn’t exist in the physical world means … Read more