Crypto Currency

  Photo by  Karolina Grabowska  from  Pexels Until recently, most financial institutions simply ignored the word Bitcoin as well as other crypto-assets. Some ignored, others did not see any viability in the industry or pretend that not to see the industry altogether. They were publicly against and often caused difficulty for clients to use and commercialize crypto assets. But now many banks decided to surf this new wave high valued assets, where each Bitcoin is equivalent to more than $ 00 thousand reais. Many banks are diving into this new opportunity and announcing plans to incorporate custody of Bitcoin and possibly other cryptocurrencies in their selection of services.   In this article, I will mention few large financial Institutions that recently announce their plans publicly.   According to Cointelegraph, JP Morgan is considering investing $ 150 million in bitcoin. Also, recently announcing its intention to safeguard cryptocurrencies for its clients.   Another large bank that pu

  Why Are People Afraid of Cryptocurrency : There are multiple reasons people get scared away from investing in Bitcoin and other cryptocurrencies. Everyone is different and fearful for different reasons but the reasons are all pretty common. Ignorance. Many people are ignorant about cryptocurrency and thus are scared to invest in it. Many people can’t even answer basic questions about cryptocurrency like “What is Bitcoin?” If you are ignorant about cryptocurrency you are wise NOT to invest. Always stay in your circle of competence when investing. However, that does not mean you shouldn’t make your circle of competence larger; you should check out  OKEx to learn  more about Bitcoin.  Okex  refferal link from where you can get free Bitcoin. Negative Press. Famous investors like Warren Buffet and large banks like JP Morgan have famously said negative things about cryptocurrencies like Bitcoin. When a renowned investor like Warren Buffet says negative things about an investment it means i

  What is the most used digital payment method? (Spoiler: Neither BTC nor PayPal) : Digital Payments | BitCoin | PayPal | Cryptocurrency | Tether If you are passionate about cryptocurrencies, you have surely heard the name Tether by now. A few days ago the daily value of the exchanges of this cryptocurrency born in 2014, from the intuition of the Italian Giancarlo Devasini, would have overtaken Bitcoin and PayPal, thus becoming the most used digital payment system in the world. The record is confirmed by a report by the company Coinmetrics, according to which on 20 August the weighted average 7-day trading on Tether would have reached 3.55 billion dollars, about 20% more than Bitcoin (which is around 2.94 billion). On the same day on Twitter, economist John Paul Koning pointed out that PayPal, in its report for the second quarter of 2020, had declared an average value of daily transfers of 2.94 billion, also therefore lower than the value of Tether exchanges. In a tweet, the company be

Bitcoin or shitcoins? What to buy? : | Bitcoins | Other Crypto Coins |   BTC | Heading to the market? My bad, that’s like a daily routine. Putting it right; what are you looking to buy today? Bitcoin or shitcoin?... sorry, altcoins. Well, whichever way you put it, you’ll still get to see a point. For someone delving into the crypto space, the popular disparity between bitcoin and altcoins could create a dilemma. Stick to the most popular cryptocurrency? Or surf the market for an alternative? If you’re a pro in the crypto space, then you will surely have lesser troubles answering this, well, if you’re a pro, you are probably not reading this right now. Bitcoin maximalist describes bitcoin as ‘the safe word’ and occasionally go a mile further to talk down on other crypto assets. ‘Shitcoins’! Well, there is a reason for this and many times, they are right. Certain toxic behaviors exhibited by altcoin projects have won them the popular name, but despite some altcoin projects displaying con

Ethereum Could Overtake Bitcoin Through DeFi, Lower GAS Prices: Bitcoin's Countermoves : | Defi | Ethereum 2.0 | Lowering Gas Fees | Bitcoin | Ethereum has always been the silver medal to Bitcoin's gold standard in the cryptocurrency space/industry. However, ETH could soon pull even with Bitcoin in the race to long term dominance. ERC-20 Tokens being used for gaming purposes and DeFi projects are boosting the practical use value of Ethereum. Ethereum is up 105% on the US Dollar from where it was 365 days ago, according to Coinbase pricing.  However, the mere price to buy a token/coin is not everything. Bitcoin is above $10,000 and Ethereum is only $370 but ETH has more use cases coming in the short term, and more projects working towards long term sustainability. Also, the number of bitcoin tokens "wrapped" into Ethereum has more than doubled since July. Bitcoin is 'wrapped' into Ethereum blockchain projects using a number of Ethereum-based tokens. Wrapping bi

  Almost 1 Million Bitcoin Is Held by Darknet Markets, Crypto Scammers and Hackers : | Hacking | Cryptocurrency |   Scammers | Darknet | Bitcoin | The latest analyses conducted by notable blockchain intelligence firms have intimated the status of Bitcoin holdings within the darknet and cybercriminal circles. The findings, as interesting as they were, showed that almost 1 million Bitcoin was being held by bad actors. It also turned out that crypto exchanges serve the majority of darknet users by helping them conduct bitcoin-to-fiat conversions. In addition, experts discovered that a host of bad actors depend on crypto mixing services to obscure the origins of their bitcoins. According to data collected by blockchain analytics firm Chainalysis about 4.81 percent of the global Bitcoin supply is in the hands of bad actors - its  new Market Intel Report  places the figure at 891,781 BTC. The above figure represents $9.7 billion worth of funds that reportedly accounts for the amount of crypt

The Best Crypto-Exchange Brief Analysis : I asked myself this question many times and I think that many of you also did, what is the "perfect" Cryptocurrency exchange ? Quick disclaimer I don't think there is one Crypto-Exchange who is perfect, it's just an article which reviews few of them and try to figure the most ideal according to your needs. Among every exchanges possible, we can mention, Coinbase, Kraken, OKEx,Binance, Bitfinex, etc.. I have decided to pick 3 according to the needs, you might know two of them but maybe not the third. Let's dive into it. 1. The beginner’s one, Coinbase : Probably one of the most popular platform in the world, it was founded back in 2012 and has a decent numbers of cryptocurrency available (over 25). Coinbase has the reputation to be the exchange for newbies, and indeed I think a lot of us have bought our first crypto-assets on it, mainly because Coinbase is really easy to use, its design is clean, we understand very easily e

  What is DeFi? The simplest explanation : DeFi  (decentralized finance) is revolutionizing the cryptocurrency market. What challenges, and above all, what opportunities for investors?   In the cryptocurrency sector there is a new term among the interested parties, "DeFi": but what is it and what opportunities does it generate what some experts identify as a real revolution (and evolution) within the market? Over the past three years, there has been exorbitant growth within DeFi, a term used to refer to decentralized finance. This area of ​​the cryptocurrency sector is attracting more and more attention to itself, so let's see what DeFi is, which players operate there and what opportunities it offers. What is DeFi (decentralized finance)? DeFi includes all those financial services that use smart contracts, automated executive agreements that do not require the presence of intermediaries and that, instead, use blockchain technology directly on the Internet. In just three y