In recent news, the latest word in town is cryptocurrency adoption and how the rumours of potential disruption of other financial systems in the future by cryptocurrencies has got everyone buzzing.
However, this development led to major crypto adoption by the crypto market that scouted alternate reliable Cryptocurrency Trading Platforms owing to high inflation rates in a lot of countries around the world. A major question does play out in this entire situation – How can the roots of wide cryptocurrency adoption be planted firmly into the widdling soil of FinTech?
Although, 2018 was a rough patch for the crypto market, there were no shortcomings when it came to Online Cryptocurrency Exchanges. The recent exchange hacks are proof for the same as multiple media channels believe that the two exchange hacks were somehow related to each other.
Popular media outlets such as the Wall Street Journal and Bloomberg have refuted the claims and cited them as rubbish – A hack and crash that happened on the same day does not have to mean that the source of either had to be the opposite problem. This goes to show how many news channels are eager for the fall of the crypto market.
All that being said and done, all one needs to do is not give up on crypto so soon as exchange hacks on any cryptocurrency exchanges should not be the reason that is held accountable for cryptocurrencies.
The peak of popularity of the crypto inventions have reached an all-time high paving a way for more new crypto innovations to come to light – Bitcoin trading robots or “bots” are the latest fad in the crypto market.
Most of the robots are provided to the consumers as free software but on the other hand, certain robots demand a monthly from all the customers who are registered to the services.
Although, these crypto trading bots are highly intuitive and elite of all the crypto inventions ever been released till data albeit only certain trading bots have enhanced functionalities while other bots struggle to adhere to the standards.
Since the time it took a step into FinTech, Bitcoin has caught brokers as well as bankers off the guard owing to its competency to achieve significant equitable outcomes along with unprecedented return on investments which is a remarkable bout to be attained by such a new cryptocurrency at the start of its financial journey.
Post the big Bitcoin bang, every crypto critic out there pitted Bitcoin against other financial assets such as tech stocks which resulted in Bitcoin being termed as the digital edition of Gold.
The one thing that has remain undeterred time and time again has to be the multiple returns acquired on the multiple financial assets which in spite having tasted unprecedented levels of success are nowhere near the powerful gains won by Bitcoin.
Monero is scaling economies as one of the largest cryptocurrencies in the crypto market. The prime reason for the ever-growing popularity of Monero is its security and the development of confidentiality that has made coin owners cite Monero Cryptocurrency as a phenomenal advancement for the crypto realm.