There are various types of cryptocurrency. Bitcoin, Litecoin, and Dogecoin, as well as privacy-focused currencies like Monero, are among payment coins. You’ll also find utility tokens that serve a specific purpose within a blockchain’s ecosystem. For example, ERC-20 tokens built on the Ethereum network are utility tokens. Stablecoins are digital tokens pegged to fiat currencies … Read more
Did you know that over 22,900 digital currencies are trading on nearly 600 exchanges? However, only around 8,830 cryptocurrencies are actively traded, while the rest are inactive or dead. If you’re anything like me, you’re probably wondering which are worth your investment. So today, we’ll discuss the top 20 cryptocurrencies to invest in. What are … Read more
How do crypto enthusiasts earn revenue? Is it just from trading cryptocurrencies? Not quite. Besides trading, crypto enthusiasts earn income and capital gains by staking and mining cryptocurrencies, building a passive source of revenue over time – and taxes need to be paid. Though a profitable venue, you can no longer hide it from the … Read more
Are you looking to trade stocks or options and wondering about the differences between Robinhood vs. Webull? Indeed, there are endless options for investing your hard-earned money. For example, some investors use an adviser, while others prefer doing it themselves with a low-cost brokerage such as Etrade or Schwab. However, startup brokerages such as Robinhood … Read more
Crypto gambling is all the rage right now, and for a good reason at that. The total size of the global crypto gambling market is estimated at $250 million. In fact, more than 4% of all gambling in the last couple of years has been related to cryptocurrencies, and wanting a piece of the action … Read more
Opinions on crypto have always been and continue to be divided, but there are certain facts that can’t be argued. For example, it’s obvious to everyone that digital currencies have a short but tumultuous history behind them. Over their limited lifetime, cryptos have experienced sudden spikes in value and equally dramatic downfalls. Bitcoin has gone … Read more
With its increasing popularity, the crypto market has become an attractive investment opportunity for many traders. From Bitcoin to Ethereum and beyond, hundreds of different currencies are now available to buy, trade, and sell. With the emergence of new technology like blockchain and distributed ledger technology, the crypto market is becoming even more sophisticated. Yet, … Read more
Many people now invest in cryptocurrency, hoping to grow their money quickly. And this makes a lot of sense because crypto has shown incredible performance in 2021, which leads to potential higher gains and lower losses. But with that, comes the question “How do I calculate taxes on cryptocurrency?” In 2021, the value of crypto had … Read more
Buying Bitcoin has never been this easy. Finding a good exchange platform, though, is a daunting task: they have different transaction fees, conditions of registration and exchange, and additional features like margin trading and staking rewards. This piece guides you on what to consider when choosing an exchange platform and lists the top four platforms … Read more
Looking for a beginners guide to investing in cryptocurrency? The world is going crazy about cryptocurrencies. The massive interest and increasing mining activities have increased the prices of digital assets way higher than anyone thought a decade ago. The financial situation around the world is forcing people to find better ways to invest their money, … Read more
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