June 14, 2018
The industry of cryptocurrencies has established their strong foothold in a short span of ten years. It has gradually turned itself into a billion-dollar industry where each coin is worth thousands of USD regardless of their brand. The market value of top cryptocurrencies is different and totally depends on the trading volume of the cryptocurrency.
Out of all the cryptocurrency, the number one cryptocurrency Bitcoin has the most trading volume rate and hence the best market capital in the industry. The current market capital of Bitcoin is $111 billion USD and a market value of $6,520 USD. But, these numbers were much higher during December 2017. The market capital of Bitcoin during December 2017 was around $330 billion USD which was its peak price ever. This sudden drop in the last six months has many investors scared to invest in Bitcoin.
Even though the price of Bitcoin has gone down the Bitcoin is still considered as the top cryptocurrency. The developers and authorities at Bitcoin are making sure that their users don’t face any loss by learning from their competitors and improving their technology according to the latest user demands. Here are some facts and data that will suggest to you that Bitcoin still remains the best cryptocurrency and above all the best source of investment in the world.
June 11, 2018
The cryptocurrency is a multi-billion dollar industry that has attracted many investors in the past decade. There are thousands of cryptocurrencies that were born after the introduction of Bitcoin. This encouraged the investors to invest in multiple cryptocurrencies at once enabling them to gain more profit out of each cryptocurrency. These multiple investments have also allowed the developers to earn passive income from the cryptocurrency.
The passive investment has become a trend for the investors from all around the world. Before Bitcoin came in people used to derive passive income from real estate, limited partnership, and other enterprises. The cryptocurrency and its market provided investors a new chance to reel in fast profit that can be categorized into a passive income. The investors understood of holding cryptocurrencies and earning income from that investment. Holding a cryptocurrency investment is one of the best strategies in the industry. But the investor should be wise with the selection of the cryptocurrency that he/she wishes to hold. If you make a viable selection of cryptocurrency for holding, everything falls on the strategies that you employ for earning passive income. Here are some of the cryptocurrencies that are worth investing in and some full proof strategies that will be helpful for you to earn passive income.
June 08, 2018
The cryptocurrency industry is flourishing as new cryptocurrencies are getting introduced to the industry. It all started with the introduction of Bitcoin a decade ago where it promised its user base a secure mode of transaction. This went out to be an inspiration to other developers and compelled them to develop a better system than the preceding cryptocurrency. There came many altcoins such as Ethereum, Litecoin, Dogecoin, etc that changed the face of cryptocurrency industry by providing the user a better solution to all the issues the users were facing.
Ethereum was one of the coins in the list that was recognized as the unique coin in the industry of the cryptocurrency. The Ethereum is ranked second in the list of top cryptocurrencies in the world. The reason behind this success is the algorithm it works on and the features that it provides to the users. The technology of the Ethereum is way ahead of its time and is received as one of the most robust and efficient systems in the cryptocurrency market. Investors are pulling all their resources together to buy and store Ethereum for future use.
There are many new investors who are unaware of the sources to buy and store Ethereum and are looking for a reliable platform from where they can get them. Here are some of the most reliable platforms in the industry where you can buy and store Ethereum.
June 05, 2018
The Bitcoin is a crypto coin that has made striding development in the past decade. The business of Bitcoin is a multi-billion dollar business now which has several investors interested in the cryptocurrency. The main fact that has helped users establish their trust in Bitcoin is the technology that governs Bitcoin. This technology is widely known as the Blockchain technology.
The Blockchain technology was founded along with Bitcoin. As a matter of fact, the idea of Bitcoin was originated from Blockchain. The developers of Blockchain wanted a secure platform for fund transfer that was made possible by them through Blockchain and Bitcoin. The security of Blockchain is recognized as one of the advanced technologies of security in the market. People have complete faith in the capabilities of Bitcoin and its Blockchain.
Even though Bitcoin itself is safe, doesn’t mean that the coins that you have bought or mined remain secure on your device. There are many people who also have eyes on Bitcoin and its earnings but have no good intentions to buy it legally. These people eventually attack users with Bitcoin and steal the coins from the system with low security. This has become a great problem for people and has discouraged them to invest in cryptocurrencies. Here are some tips that will help you secure your Bitcoins and will ensure that the damage remains to a minimum in any events of cyber attack.
June 02, 2018
The cryptocurrencies have been around a decade and it has turned into a billion-dollar business in the past five to six years. This is because of the popularity of the cryptocurrencies that exists among us such as Ethereum, Bitcoin, Ripple, Litecoin, etc. The cryptocurrency industry has been proven helpful to many people over time and the applications of cryptocurrencies are limitless.
The cryptocurrencies give you an insight into wealth management and capacity of programming. The reason that the cryptocurrencies are prominent is that it is decentralized and totally anonymous. This means that there is no government policy that affects the authority of cryptocurrency. Apart from that, the transactional details are secured by Blockchain technology that keeps the data safe and completely anonymous. This ensures the security of the data and the information of the sender and receiver. The cryptocurrency has become an efficient way of trading and conducting business that can help you score FIAT money through crypto money.
There are many applications of Bitcoin apart from just making money. These uses of cryptocurrencies are the reason it is popular and is adopted by many people from all around the world. Here are some cool applications of cryptocurrencies that will justify the above-mentioned statement.