The month of September was a mixed bag for the cryptocurrency market. There have been many hits and misses when it comes to valuations, with the market cap falling from $240 billion to $192.1 billion within a week and then rising to $227 billion by the end of the month. Evonax has been tracking the entire market for quite some time now and through this blog, has been helping people like you understand how the markets work. Let us take a brief overview at all the top articles for the month of September.
The Bitcoin is no doubt the greatest cryptocurrency of all times which have attracted over thousands of investors in the following years. But as of now the market of cryptocurrency is all over the place which is fluctuating and so it is essential to have a contingency. An investment in Bitcoin is definitely a fortune but to keep all the investment safe it is important to invest collaterally. The cryptocurrency that you choose for investing should not be just another cryptocurrency. The selection of the contingency cryptocurrency should be made by considering many pivotal factors.
The Dogecoin is one of the cryptocurrencies that has a great potential for profit. There are many factors that make Dogecoin a great coin which is worth investing. The market capital, user adoption, market capitalization, etc of Dogecoin is favourable for business. The Dogecoin is a decentralized and permission-free cryptocurrency which gives the users the same privacy that Bitcoin provides and just as Bitcoin runs on Blockchain which assures the safety of the Dogecoin cryptocurrency. The Dogecoin has many other reasons that will justify that Dogecoin is a cryptocurrency that is worth buying.
The cryptocurrency has had a severe impact on the global market since the foundation of the first cryptocurrency. The Bitcoin was a revolutionary idea which was based on the blockchain technology that made the transactions safe. The application of such a complex security method was made possible by Bitcoin. The Bitcoin became a frame of reference for other cryptocurrencies that wanted to infiltrate the market and once Litecoin made its entrance the market started to flood with cryptocurrencies.
Dash was one such cryptocurrency which was introduced to the market during 2014 of January. This time period was considered as the golden time of the cryptocurrencies as Bitcoin was gaining speed and was making investors rich. The Dash cryptocurrency was designed focusing on making digital transactions safer and faster. The other point that Dash cryptocurrency focused was to keep all the transactions private which allowed the developers to transaction funds safer, faster and anonymously. Dash cryptocurrency generated an extensive user base which was the result of its quality. The investors were personally seeking out Dash cryptocurrencies in the market which then increased the demand for Dash coins. Many investors are still facing trouble finding a reliable method to trade Dash coins. Here is a perfect guide which will allow you to trade Dash safely.
The cryptocurrency has a great audience base which is considered a great competition for the stock market. The investors have made a significant profit from the investment that they have made in the cryptocurrencies. The investors are on a constant lookout for a cryptocurrency that can help them gain profit from them. The investors don’t have any fixed age group of investors, there are millennial to middle-aged people actively invest in the cryptocurrencies.
The cryptocurrency gained a global recognition which was the beginning of cryptocurrency exchange platform. These platforms acted as a primary source for buying cryptocurrencies which give the investors a chance to gain cryptocurrencies instantly. The investors used the cryptocurrency exchange platforms to exchange USD for cryptocurrencies at a phenomenal rate. This also gave birth to hundreds of exchange platforms which made it harder for budding investors to select an exchange platform. As the cryptocurrency industry expands it will become harder for these investors to spot a worthy platform. Here are some significant things to consider that will help you in selecting a Cryptocurrency Exchange platform.
The name Bitcoin Cash could give you the idea that this is a subsidiary of the Bitcoin which is actually a false notion. The Bitcoin Cash cryptocurrency was derived from Bitcoin back in August 2017 as a fork cryptocurrency. This fork was made in an attempt to increase the block size of Bitcoin. A group of developers prepared a change in the code which would allow them to increase the block size for which they were successful.
The Bitcoin Cash was then born in the right smack middle of cryptocurrency golden age. It became one of the leading cryptocurrencies and got included in the list of top ten cryptocurrencies in the market. The system of Bitcoin Cash is completely different than of the Bitcoin which has attracted many users over the time. The Bitcoin Cash is not only different than Bitcoin but it is also advanced than Bitcoin system. Here is a detailed view on Bitcoin Cash that will brief you more about the origin and current situation of Bitcoin Cash.