Another potential drawback is its volatility — cryptocurrencies carry ariskof big swings up or down in value, which means there is no guarantee they can be relied upon for long-term savings. And since crypto values fluctuate so wildly — sometimes even more than once per day — they are u...
we’re selling bitcoin that’s in existence already. That bitcoin may have come into circulation, when the miners were rewarded with it, and then sold it at some point and is entered into the sort of buy and sell market. But that’s effectively what it is. ...
In short, Ethereum is a massive digital ecosystem through which digital information and computer applications can be transported, stored, and even created. What does crypto aim to achieve? Some cryptocurrencies, like Bitcoin and Tether, were developed to serve a monetary function. Others, such as...
RippleNet is a network based on a set of rules known as the Ripple Transaction Protocol or RTXP for short. The network consists of computers, known as validators, that are spread around the world and maintain a blockchain–a shared ledger of who owns what....
Eager to earn interest on your crypto? Staking may be the perfect strategy for you. But what is staking in crypto? Keep reading to find out.
Inverse Futures contracts are making a big splash in the crypto market, like the new hit song everyone’s talking about. Their popularity is growing fast, and they’re having a big impact on how people trade cryptocurrencies. Excitement
But if you need to access your money immediately, you’ll have to take whatever price the market offers at that time, and it may be a lot less than what you’ve paid for it. The volatility in crypto is even greater than for other high-risk assets. On top of that, there are often...
The crypto airdrop process begins by the project or company deciding the need for an airdrop. This may be in response to market strategies, ahard forkin the network, or to incentivize existing investors. The initial step is to select how the airdrop will be facilitated and who is eligible...
It is important to remember that short positions come withhigher risksthan long positions. They may be limited in IRAs and other cash accounts. Margin accounts are generally needed for most short positions, and your brokerage firm needs to agree that these more risky positions are suitable for...
Crypto lending is the process of depositing cryptocurrency that is lent out to borrowers in return for regular interest payments.