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Cryptocurrency

Disclaimer: The products or services discussed in this article may not be offered by Taurex and may only be listed here for educational purposes.

 

Tech-savvy folks have been tinkering with the concept of digital currencies as far back as 1990. But many people ignored the crypto hype, and for years, everyone thought it was just a fleeting tech trend.

Contrary to that sentiment, however, there are now about 420 million crypto users worldwide in 2023, with cryptocurrencies having a total value of around $1 trillion.

The journey of cryptocurrencies has been nothing short of remarkable, from being almost worthless to reaching a significant milestone of $3 trillion in total value in 2021. 

But cryptocurrency also had its downs, losing over $2 trillion in value since its peak due to economic downturns and declines in investor interest.

Despite all this, many investors and traders still use crypto tokens to secure digital ownership of real-world assets, looking to benefit from crypto’s potential.

But what is cryptocurrency, and how does it work? Are cryptocurrencies worth adopting? Are cryptocurrencies secure and legal to invest in?

Understanding Cryptocurrencies

Why is the world of finance and technology still buzzing with talk of cryptocurrencies despite their unpredictability?

Let’s unravel the mysteries of cryptocurrencies and bring you up to speed on their inner workings.

What Is Cryptocurrency?

Imagine a revolutionary form of currency that breaks free from the confines of borders and financial institutions. It’s called cryptocurrency, which some experts believe will disrupt multiple industries, including finance and law.

A cryptocurrency is a digital (virtual) currency protected using a technique called cryptography. This security approach makes it almost impossible to double-spend or counterfeit these digital coins. 

The potency of cryptography makes it possible for cryptocurrencies to establish transaction safety measures and oversee the creation of new units separately, devoid of any reliance on intermediaries like banks or credit card companies.

How Does Cryptocurrency Work?

Unlike traditional currencies, such as the U.S. dollar, the British pound (pound sterling), and the euro, cryptocurrency works using a technology called “blockchain.” 

Picture a public ledger that records all online transactions. This ledger is permanent and visible to everyone in the network, making cryptocurrency transactions transparent.

The ledger is not owned by any single person or organisation, allowing multiple participants in the network to verify transactions.

What Is the Point of Cryptocurrency?

The notion behind cryptocurrency is to disrupt the norm in money management and financial structures. It strives to challenge established practices so that even ordinary individuals can have power over their monetary affairs.

The potential of cryptocurrencies extends beyond their role as mere digital assets. They aim to democratise financial services that were previously exclusive to those with access to traditional banking.

What Is Cryptocurrency Mining?

Mining plays a pivotal role in cryptocurrency; You don’t need to go to a mine with a safety hard hat or pickaxe to mine crypto. Instead, you need energy-efficient hardware with heavy-duty computing abilities.

Cryptocurrency mining refers to the creation and verification of transactions. Miners use high-powered computers to solve intricate mathematical puzzles called blocks. By solving these puzzles, miners ensure the validity and recording of transactions.

You receive a newly minted cryptocurrency coin as a reward for your computational endeavours. The system incentivises you with coins to continue solving these problems and maintain the security and upkeep of the blockchain network.

Is Crypto Real Money?

Currently, over 20,000 different cryptocurrencies are in circulation. Still, many people wonder if cryptocurrencies genuinely hold any value as legitimate currency. It’s an intriguing matter that has both yes and no answers.

If you define “real” money as a unit of account and store of value, then cryptos are real. You can use digital currencies to make purchases, like a tank of gas or an aeroplane ticket, and turn them into fiat money by converting them through a crypto exchange. 

However, suppose you only consider real currency as backed by assets with a tangible presence, such as gold and silver. In that case, cryptocurrencies aren’t “real money. Unlike traditional forms of cash, you can’t touch cryptos because they exist only in the digital world and are decentralised and not backed by any government or institution.

Whether or not cryptocurrency is real money or not depends on how you define what “real” money is. Though, it’s worth noting that the U.S. Federal Reserve doesn’t recognise cryptos as real currency.

Are Cryptocurrencies Legal?

With any groundbreaking innovation, legal considerations come into play. The legality of cryptocurrencies and other digital assets varies wildly across different jurisdictions. 

Some countries, like the U.S., U.K., Japan, and Canada, have embraced cryptocurrencies and implemented regulations to govern their use. For instance, Japan’s Payment Services Act treats Bitcoin as legal property.

On the other hand, countries like Russia, Algeria, Egypt, Iraq, and Nepal have imposed strict restrictions or banned crypto outright. For example, China declared all crypto activities illegal within their borders, such as buying, trading, and mining.

If you’re curious about the legality of cryptocurrencies in different countries, you can check out this interactive map.

Are Cryptocurrencies Safe Investments?

Unlike conventional investments like stocks and bonds, cryptos work on decentralised systems with no central authority or single point of control. A decentralised ecosystem makes it less vulnerable to collapse, like when a bank shuts down.

The mechanisms behind cryptos, such as proof-of-work (PoW) or proof-of-stake (PoS), also contribute to their security, distributing the point of control to the network and making investment tampering harder.

But like with any investment, cryptocurrency investment is not without risks. For one, cryptocurrencies can be very volatile, which can lead to significant losses if you don’t monitor your investments.

Market manipulation is also a concern when investing in cryptos. Market manipulation can take various forms, from fake news articles that drive crypto prices up to fake orders influencing investors to sell low.

Moreover, the lack of regulatory oversight has led to fraudulent schemes and malicious activities. An example is an “exit scam,” where individuals or organisations launch a crypto project, attract investors, and disappear with the funds.

Programming vulnerabilities have also exposed cryptocurrencies to theft. Hackers are known to find “backdoor entrances” that allow them to steal from digital wallets and crypto exchanges.

So, always be cautious. Conduct thorough research before investing and report suspicious activities. More importantly, choose your trading platform wisely.

Are Cryptocurrencies Securities?

Whether a specific cryptocurrency qualifies as a security depends on various factors, including its underlying structure, issuance mode, and centralised control.

The U.S. Securities and Exchange Commission (SEC) considers cryptos securities and is leading the charge for more regulatory oversight. 

 

Still, classifying cryptocurrencies as securities remains a complex and evolving legal and regulatory discussion area.

The Beauty of Crypto Stocks

Crypto stocks offer the best of both worlds: the familiarity of traditional financial institutions and the disruptive potential of cryptocurrencies. It’s like watching a mesmerising dance between New York’s Wall Street and the blockchain.

Imagine being part of an ecosystem that merges established companies’ reliability with blockchain technology’s limitless potential. 

What makes crypto stocks captivating is that they allow you to invest in companies at the forefront of blockchain technology, riding the waves of innovation and tapping into the immense growth potential of the crypto market. But again, cryptocurrencies can be very volatile, which can also lead to significant losses if you aren’t experienced, or careful. 

What Can You Do With Cryptocurrency?

With cryptocurrency in your digital wallet, you can take control of your financial transactions while saying goodbye to intermediaries and red tape. From online shopping to planning your dream getaway – cryptocurrency empowers you to be the master of your financial destiny.

So, what can you do with cryptocurrency? The answer is simple: anything you can do with traditional currency, from buying groceries and paying bills to trading them for potential profits.

But the possibilities continue. Cryptocurrencies have sparked innovations like decentralised finance (DeFi) and non-fungible tokens (NFTs), allowing you to access various financial services, like borrowing, lending, and saving.

What Is Blockchain Technology?

Blockchain technology is the superpower behind cryptocurrencies like Bitcoin, enabling them to exist and operate securely and transparently.

How Blockchain Works

Do you remember that transparent, secure, and virtually incorruptible “ledger” discussed earlier? That’s the essence of blockchain technology, a digital record-keeping system shared and maintained by a network of computers.

But blockchain is decentralised instead of being stored and managed in one central location and one organisation like traditional currencies. 

The system records and verifies transactions, known as nodes, across multiple computers. Each transaction is bundled into a “block” and linked to the previous one, creating an information chain called “blockchain.” 

Blockchain also uses cryptographic algorithms and consensus mechanisms, ensuring network members validate every transaction. This process eliminates the necessity for intermediaries, making blockchain resistant to fraud and tampering.

Blockchain’s Benefits And Unknowns

The benefits of blockchain are numerous and revolutionary. By removing intermediaries and central authorities, blockchain reduces transaction costs, speeds up processes, and enhances transparency.

Yet, blockchain also comes with unknowns. While the technology holds great promise, scalability, energy consumption (from mining), and regulatory challenges still need to be addressed.

Blockchain’s Potential Applications

Blockchain technology helped get cryptos to where they are now. At the same time, it’s a game-changer that can transform industries in remarkable ways.

Think of secure land ownership records that prevent disputes and fraud. Imagine a transparent supply chain where you can track the journey of products and ensure their authenticity.

With blockchain, the possibilities go even further. Blockchain has the potential to revolutionise voting systems, protect intellectual property rights, and provide secure identity verification. 

With its decentralised nature, blockchain gives power back to the people, removes go-betweens, and sparks innovation in unimaginable ways.

Blockchain Has Potential Applications Far Beyond Bitcoin And Cryptocurrency

Blockchain is more than just Bitcoin and cryptocurrencies. While they were the starting point, blockchain’s influence has grown to revolutionise numerous industries.

Imagine blockchain improving healthcare by securely storing and sharing medical records. 

Or think of how blockchain technology can transform supply chain management by ensuring transparency and traceability of products. 

Blockchain can even revolutionise energy trading and empower social impact initiatives.

The possibilities for blockchain are endless, and we’re on the brink of seeing it adopted across various industries in a big way. 

Tokens

Tokens are like the lifeblood of the blockchain world. They allow people to interact and participate in crypto trading.

Essentially, tokens are digital assets in a blockchain network with different purposes. Some tokens let you access services or products. Others represent ownership of something tangible, like a building or a piece of art.

Tokens have also sparked the rise of initial coin offerings (ICOs), like crowdfunding campaigns for blockchain projects. ICOs represent your stake in a project. 

But tokens are not just about money. They’re about supporting ideas and being part of something big in the blockchain community.

Is Cryptocurrency the Future of Finance?

An exciting new frontier in finance has materialised with the advent of cryptocurrency. This groundbreaking technology empowers ordinary people to exercise control over their finances and circumvent conventional banking systems. 

Cryptocurrency brings unprecedented ease and convenience to global fund transfers, allowing us to exchange value across borders effortlessly- no more thinking about exchange rates.

Cryptocurrencies are all about empowering people and giving them equal opportunities. It’s about including those left out of the financial world and providing them with financial services they needed a bank account to access.   

And the best part? It’s all driven by innovative technology like smart contracts and decentralised finance.

Why Invest in Cryptocurrency?

Despite its cryptocurrency’s seemingly limitless potential, people didn’t immediately adopt cryptocurrency, much less invest in it.

But some invested in Bitcoin early and did reap the rewards of their foresight. They saw the potential for extraordinary returns and took action.

It’s not just about the huge returns – or the equally huge potential for losses. Investing in cryptocurrency makes you part of a movement that challenges the norm and embraces the freedom of knowing that no government institutions can set the flow or value of the coin. 

Types of Cryptocurrency: What Are the Most Popular Cryptocurrencies?

Bitcoin and Ethereum stand as the titans of the cryptocurrency world, capturing the imagination of investors worldwide. However, they aren’t the only ones taking up the cryptocurrency market pie.

Ethereum (ETH)

Ether, the native crypto coin of the Ethereum network, currently has the second-largest cryptocurrency market share at around 19% as of May 2023.

What sets Ethereum apart from other cryptos is that it’s a platform for innovators to build decentralised applications (dApps) and execute self-executing contracts.

Tech giants use Ethereum to create applications for several industries like banking, retail, energy, telecommunications, software development, and manufacturing.

Ethereum’s versatility and programmability make it a powerful tool for creating decentralised solutions and driving the adoption of blockchain technology. This feature enables innovative use cases such as decentralised finance (DeFi) and non-fungible tokens (NFTs).

Tether (USDT)

While many cryptos can be volatile and uncertain, Tether offers stability and familiarity. It’s like having a digital version of the U.S. dollar that you can easily use in the digital market.

As of January 2023, Tether was the leading stablecoin with a market capitalisation of close to $68 billion.

 

With Tether, you don’t have to worry about sudden price fluctuations or uncertainty. It’s a reliable choice for those who prefer a more predictable and secure crypto exchange option.

USD Coin (USDC)

Despite its name, USDC is not issued or endorsed by the United States government but by regulated financial institutions. Like Tether, the USD coin is a stablecoin whose value is pegged to one U.S. dollar. 

USD Coin is making waves by bringing together the best of both worlds: traditional financing and the cutting-edge innovation of cryptocurrencies.

USDC is an open-source program, meaning users or developers can view, contribute, and modify the project’s code, and the software is freely available to the public. 

Binance Coin (BNB)

BNB (“build and build”) is the in-house token for Binance Exchange, a leading cryptocurrency exchange platform. It stands out from other cryptos due to its unique features and advantages, like discounted trading fees and deflationary mechanisms.

Binance USD (BUSD)

Binance USD is a stablecoin issued by Binance. Unlike BNB, BUSD is meant to be a digital version of the U.S. dollar, aiming to stabilise its value. 

Another defining characteristic of Binance USD is its broader use case, allowing you to utilise it for peer-to-peer transactions and remittances.

XRP

Unlike some decentralised cryptos, XRP, the digital asset powering Ripple’s payment protocol, collaborates with financial institutions. This allows adopters of XRP to use fast settlement and real-time transfers, making international transactions faster and more affordable.

Cardano (ADA)

As of May 2023, Cardano ranks 7th among the most popular cryptocurrencies, taking up about 1% of the market share. 

Unlike other cryptos, ADA doesn’t use a proof-of-work (PoW) algorithm or miners to validate the blockchain.

Instead, Cardano uses a proof-of-stake (PoS), which involves participants or “validators” to create new blocks based on the amount of cryptocurrency they hold in a network. 

In other words, having a higher “stake” in a PoS network gives you a higher chance of being selected to validate transactions.

Solana (SOL)

What sets Solana apart from other cryptos is its ability to quickly process substantial amounts of transactions using a combination of PoS and proof-of-history (PoH). 

PoH mechanisms provide a historical record of events, enabling nodes to validate information faster. PoH uses hashed timestamps to prove transaction history.

Dogecoin (DOGE)

While it began as a meme-inspired joke, Dogecoin has gained popularity for its accessibility and low fees. It differentiates itself from other cryptocurrencies through its light-hearted branding and community-driven nature.

Dogecoin is an open-source crypto based on Litecoin. Both coins use the same proof-of-work technology.

SHIB

If the “Doge” meme inspired the Dogecoin, the Shiba Inu dog breed inspired the SHIB. 

SHIB tokens were initially created as an experiment in decentralised community building and have given credibility to the potential application of blockchain technology in other industries.

Polkadot

Polkadot (DOT) is a multi-chain platform that allows blockchains to communicate with one another, enabling seamless data transfer. 

This cryptocurrency introduces a unique framework called a “relay chain,” connecting multiple blockchains or “parachains” together.

Types of Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. While Bitcoin takes the spotlight, altcoins offer different features and purposes in the cryptocurrency market.

There are various altcoins to explore:

  • Payment Tokens: Like Bitcoin, payment tokens are designed to be digital money for everyday transactions. Quick and secure, they can help make your financial life hassle-free.
  • Stablecoins: These altcoins keep their value stable by being tied to fiat currency like the U.S. dollar, making them an excellent choice for trading or storing value.
  • Security Tokens: Think of security tokens as digital versions of traditional investments, such as stocks and bonds. These altcoins represent your ownership of assets.
  • Utility Tokens: Utility tokens are cryptocurrencies you use to get access to services or features, such as paying for transaction fees, decentralised apps, or participating in platform governance.
  • Meme Coins: Simply put, meme coins are altcoins inspired by internet culture and memes. While they may have little practical use, they can be a fun investment if you want to participate and enjoy meme culture.

Other Honorable Mentions

Several digital assets stand above other cryptos and have gotten the attention of investors and enthusiasts worldwide. But we can’t talk about digital currencies without discussing Bitcoin.

Bitcoin sits at the top of the food chain, with a market cap of 519,109,002,684 as of May 2023, taking up most of the market share at 46%. 

Market capitalisation refers to the relative size of the coin. Market cap changes every day, as it depends on a company’s stock price.

Another honourable cryptocurrency is Litecoin (LTC). It shares many fundamental characteristics with Bitcoin, making it a significant digital currency. 

However, LTC has a quicker block generation time and is more resistant to mining, making it a better decentralised currency than BTC.

Far too many cryptocurrencies are worth mentioning, like Bitcoin Cash, Luna, Terra, Avalanche, Chainlink, Cosmos, Monero, and Polygon (MATIC).

Advantages and Disadvantages of Cryptocurrency

Cryptocurrencies have garnered immense attention over the years. However, like any innovation, it has pros and cons, no matter the intent behind its creation.

Here are some of the upsides of cryptocurrency:

  • Decentralisation: Say goodbye to traditional financial institutions like banks. Cryptocurrencies operate on decentralised networks, which help promote a fairer, more transparent financial system.
  • Security: Because cryptos aren’t tied to fiat currencies but to the blockchain technology and the network of computers behind them, transactions can’t be altered or erased. 

Cryptocurrencies also employ cryptographic techniques that prevent fraud and hacking, providing better security.

  • Accessibility: You can’t use a country’s currency in another country- at least, not automatically. Cryptocurrencies don’t have that problem and allow anyone to participate in the digital economy. Cryptos also have the advantage of open markets when it comes to trading.
  • Transparency: As mentioned, cryptocurrencies utilise blockchain technology. This digital ledger creates a transparent and immutable record of all digital asset activity, which anyone in the network can verify, fostering trust and accountability.

Here are some of the downsides of cryptocurrency:

  • Volatility: Like traditional investments, cryptos can be subject to market fluctuations. 

The market value of a cryptocurrency can spike to unimaginable levels, with Bitcoin reaching its highest market price of $67,617.02. However, prices can also crash just as quickly.

  • Regulatory uncertainty: Cryptocurrencies haven’t been around long, and their regulatory landscape is still evolving. This can lead to uncertainty and potential legal challenges.
  • Security risks: While cryptocurrencies offer enhanced protection, they can still be vulnerable to security risks. 

Cyberattacks, phishing attempts, and wallet vulnerabilities can expose crypto newbies to potential losses if proper security measures are not taken.

  • Limited acceptance: You can use payment tokens to make purchases. Unfortunately, the general populace, including merchants and businesses, has yet to adopt cryptocurrencies. This limits your crypto usage to the digital space.

Why Are Cryptocurrencies Important?

Cryptocurrencies are essential because they offer perks. But cryptos are so much more than that. 

First, they make money transfers way cheaper and lightning-fast, cutting out the middleman and red tape.

Because of their decentralised nature, cryptocurrencies are safer and more secure. The blockchain technology that supports digital currencies is also transparent, giving power back to the people and not to any single person or organisation.

That being said, cryptos aren’t perfect. For one, it offers limited acceptance, as it isn’t widely accepted yet. 

Cryptocurrency prices can also fluctuate intensely, leading to substantial losses if you’re not well-versed in crypto trading.

In addition, despite the added layer of security that blockchain technology offers, cryptos can still be prone to illegal activities and transactions, such as “exit” and “pump-and-dump” scams.

Key Takeaways

We’ve discussed a lot about cryptocurrencies, and fully grasping the subject can be overwhelming and will take time. 

Here are a few key takeaways to keep in mind:

  • A cryptocurrency is a virtual form of digital money that works on decentralised networks, offering significantly quicker and more economical transactions while eliminating the need for intermediaries.
  • Cryptocurrencies are designed to provide individuals with greater financial independence and freedom by preventing a person or organisation from controlling the ledger.
  • Early-stage investments in cryptocurrencies have the potential to earn substantial returns. However, as with any type of investment, cryptos also carry significant risks.
  • While cryptocurrencies bring benefits such as decentralisation and removal of third parties, they also have drawbacks, including price volatility and the potential for use in illegal activities.

How Do You Buy Cryptocurrencies?

When buying cryptocurrencies, there are a few steps to follow. 

First, you must find a reputable and secure cryptocurrency exchange that suits your goals and needs. Popular exchanges like Coinbase, Binance, and Kraken are great options.

To store your newly bought digital coins, you need a digital wallet. Digital wallets come in different types, including software, hardware, and online wallets. Afterwards, you select the cryptocurrency you want to buy or invest in. 

Your purchased digital asset will be credited to your exchange account or digital wallet, depending on your preference. You can easily confirm the transaction you made by checking the blockchain.

Can You Generate Cryptocurrency?

To generate cryptocurrencies, you need to mine them. This involves verifying and adding transactions to the blockchain network using specialised hardware and software to solve complex mathematical problems.

While anyone can technically participate in cryptocurrency mining, it’s essential to consider several factors. The most prominent mining method is through PoW consensus algorithms, which require significant computational power and electricity.

Mining also varies depending on the cryptocurrency. For example, Bitcoin mining requires robust systems specifically built to perform a single function quickly and efficiently, known as application-specific integrated circuits (ASICs). 

Other cryptocurrencies, like Ethereum, can be mined using graphics processing units (GPUs).

Unfortunately, mining difficulty increases as cryptocurrencies gain popularity, making generating new coins and earning a profit more challenging. 

 

In addition, some cryptos use PoS mechanisms, which need you to have a particular amount of stake to validate transactions.

How Do You Store Cryptocurrency?

To securely store your precious digital coins, you need a digital wallet. But not just any wallet – you must pick one with security features like two-factor authentication (2FA) and powerful encryption technology.

After that, you must decide on your specific use case. Do you need a crypto wallet that you can access at your fingertips? How about one that prioritises security over convenience?

Fortunately, you have several options. First, like computer and phone apps, software wallets store and give you easy access to your cryptocurrencies on your device.

On the other hand, hardware wallets take it up a notch by storing your digital assets in physical devices. This helps protect your cryptos from potential risks, such as hackers and malware.

Lastly, you have your online wallets or web wallets. Crypto exchange platforms typically provide online wallets. Although they’re accessible, web wallets are more prone to security breaches.

FAQs

1. Why are there so many cryptocurrencies?

With the rise of Bitcoin, many developers hopped on the wave and created their own digital currencies, each serving a different purpose, offering a unique feature, and solving a specific problem.

2. What are some other important cryptocurrencies?

Besides Bitcoin (BTC), there are other important cryptocurrencies, like Ethereum (ETH), which introduced crypto as a platform and not just a currency. 

There’s also Ripple (XRP), which focuses on facilitating fast cross-border transactions. Then there’s Cardano (ADA), known for its security and scalability.

3. Why is Bitcoin still the most important cryptocurrency?

While other crypto assets have emerged boasting special features or better technology, Bitcoin was the pioneer. It was the first to introduce the potential of digital assets and a decentralised financial system free from corruption and where the power belongs to the people, including Average Joes. 

 

Disclaimer: The information provided in this article is for general informational purposes only and does not constitute financial advice. It is not intended to be a recommendation to buy or sell any financial instrument or engage in any investment activity.

While we strive to provide accurate and up-to-date information, we do not guarantee its completeness or accuracy. We rely on various sources for the information presented, and we cannot guarantee the reliability or accuracy of these sources.

The information provided here does not necessarily reflect the products or services offered by our company. Any mention of financial products or services is for informational purposes only and should not be considered an endorsement.

All investments involve risk, including the potential for loss of principal.

This information should not be considered as financial advice. You should always seek professional financial advice from a qualified advisor before making any investment decisions.

 

References

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https://www.investopedia.com/terms/i/initial-coin-offering-ico.asp

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https://www.investopedia.com/tech/question-why-should-anyone-invest-crypto/

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https://www.slickcharts.com/currency

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https://www.investopedia.com/tech/what-ether-it-same-ethereum/

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https://www.investopedia.com/terms/t/tether-usdt.asp

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https://www.investopedia.com/usd-coin-5210435

  1. BNB

https://www.coinbase.com/price/bnb

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https://www.binance.com/en

  1. What Is BNB Auto-Burn?

https://www.binance.com/bg/feed/post/42887

  1. Binance USD

https://www.coinbase.com/price/binance-usd

  1. What Is XRP?

https://www.investopedia.com/what-is-xrp-6362550

  1. Cardano (ADA): What It Is, How It Differs from Bitcoin

https://www.investopedia.com/cardano-definition-4683961

  1. What Is Proof of Work (PoW) in Blockchain?

https://www.investopedia.com/terms/p/proof-work.asp

  1. What Does Proof-of-Stake (PoS) Mean in Crypto?

https://www.investopedia.com/terms/p/proof-stake-pos.asp

  1. What Is Solana (SOL) and How Does SOL Crypto Work?

https://www.investopedia.com/solana-5210472

  1. What Is Proof Of History And How Does It Work?

https://www.blockchain-council.org/blockchain/what-is-proof-of-history-and-how-does-it-work/

  1. Cryptocurrency Dogecoin (DOGE): What It Is, History, Uses

https://www.investopedia.com/terms/d/dogecoin.asp

  1. What Is Shiba Inu (SHIB) in Cryptocurrency, and How Does It Work?

https://www.investopedia.com/shiba-inu-shib-5207903

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https://www.investopedia.com/polkadot-definition-6362436

  1. What Is Altcoin?

https://www.investopedia.com/terms/a/altcoin.asp

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https://www.investopedia.com/terms/b/bitcoin.asp

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  1. What is Market Manipulation in Cryptocurrency?

https://www.binance.com/en/blog/fiat/what-is-market-manipulation-in-cryptocurrency-421499824684902912

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April’s Trading Triumph: A Chronicle of Persistence and Tenacity

As April unfolded, traders of different sides around the globe embarked on a journey of skill, strategy, and sheer determination in the Taurex Demo Trading...

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Nasdaq 100 Hits Record High: Analysis of Key Drivers and...

By Samir Al Khoury, The Nasdaq 100 index reached 18,721 points yesterday, marking its highest level ever. This index has risen by 12% since the...

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