The main theory behind cryptocurrency value is if enough people agree it is valuable, then it becomes more valuable. Without regulation, demand can cause fluctuations -- and in some cases, the changes can be extreme -- depending on additional factors such as availability, utility and competition....
The first thing to remember when searching for digital currency exchanges—and when considering any aspect of cryptocurrency investing—is that scams andfraudare out there and can have a genuine impact on individual investors. Mt. Gox, one of the earliest digital currency exchanges and once one of...
A crypto wallet is an application that functions as a wallet for your cryptocurrency. It is called a wallet because it is used similarly to a wallet you put cash and cards in. Instead of holding these physical items, it stores the passkeys you use to sign for your cryptocurrency transaction...
For example, cryptocurrency isn’t backed by governments, other legal entities or commodities like gold. As a result, no central bank will take corrective measures to protect the value of cryptocurrency in a crisis. The value of cryptocurrencies is volatile, and the market is new and uncertain....
Yet while the cryptocurrency trading market is valued at above$1 billion, only a couple of hundred different digital assets are actively traded every day. And as the table below shows, a handful of virtual tokens make up the lion’s share of the market’s value, with Bitcoin being by far...
Bitbnsis a cryptocurrency exchange platform based in India. Furthermore, Bitbns provides cutting-edge technology architecture and grade-A security features that ensure the security of all your data and crypto-assets. In addition, the platform provides many other features such as leverage, testnet, FI...
The value of Monero (XMR) coins is determined by demand and supply economics. This applies to almost all currencies. However, Monero’s algorithm controls the supply of coins to some extent to prevent hyperinflation. Miners are only allowed to generate a limited number of coins per block, and...
The first and most popular cryptocurrency, bitcoin, launched more than a decade ago. Yet for all the relentless buzz around cryptocurrencies, relatively few are well versed in them.
While the infamous developer has been very limited in his description of why he programmed the digital currency in this way, this decision was made with the longevity of his cryptocurrency in mind. Bitcoin SupplyBitcoin was the first successful digital currency in the world to stray from the ...
Fidelity examined several theories related to bitcoin, the oldest and currently the largest cryptocurrency by market cap. In a recent study, we compared bitcoin's historical data to that of stocks, bonds, and gold in various contexts. Below is a summary of the key findings. Keep in mind they...