October was a somewhat disappointing month for cryptocurrencies. During this month, the entire crypto market lost about $18 billion of its already declining value, and that too in a course of a few days. Many cryptocurrencies lost a significant part of their value- Bitcoin was down 5%, Ethereum 12% and XRP 18%. However despite this gloom, there are green shoots in the market- more and more people are getting interested in investing in virtual currencies. There is no doubt that, in future, cryptocurrencies will play a greater role in everyday lives of people.
Let us now see how the cryptocurrency market is changing with these blogs that have been published during the month of October
Bitcoin Gold- The Next Forked Split of the most valuable Cryptocurrency
A fork of a cryptocurrency is like getting bonus shares from a company. This article shows you what can be expected if the proposed fork is carried out for Bitcoin Gold. It also highlights what changes will take place on account of the allocation and what differences you can expect with this new cryptocurrency.
Buying Bitcoin cash for the first time? Here’s what you should know
This blog sheds light on how to go about buying Bitcoin cash. It explains in detail the various ways you can purchase Bitcoin cash and how you can store it safely using online wallets or your computer. Trading in Bitcoin can be done over the internet, but you need to take necessary precautions.
A beginner’s guide to Ethereum and how to buy it
Ethereum, a cryptocurrency that is second in market value only to Bitcoin is one of the most traded cryptocurrencies in the world. This article explains everything about Ethereum and how you can go about buying and selling it.
To know more, you can visit this link- https://www.evonax.com/blog/2018/10/25/a-beginners-guide-to-ethereum-and-how-to-buy-it.html
5 components that influence the pricing of Bitcoin
Bitcoin’s value has been quite volatile lately. This article shows you how inner and outer changes with Bitcoin affects the pricing of it in detail. This will help you understand how Bitcoin works.
To know more, please visit this link- https://www.evonax.com/blog/2018/10/24/5-components-that-influences-the-pricing-of-bitcoin.html
5 ways to always help you keep a track of your crypto investments
Crypto investments need to be kept track of every time. This article will help you with ways to keep track of your crypto investments at all times. You can use features like Google Alerts, Social Media, Google Search and news apps to follow the right people to ensure you know exactly what is going on in the crypto space.
For more info, you can visit- https://www.evonax.com/blog/2018/10/22/5-ways-to-help-you-to-always-keep-a-track-of-your-crypto-investments.html
What you need to know before investing in Monero- XMR
Monero is a cryptocurrency that many people are unfamiliar about. This is a currency that ensures high level of privacy and is similar to Bitcoin in many ways, one of which is its price volatility. However, the fact that it can be freely traded online on cryptocurrency exchanges like Evonax gives Monero brownie points in popularity.
To know more, see the entire blog at-https://www.evonax.com/blog/2018/10/18/what-you-need-to-know-before-investing-in-monero--xmr.html