An initial coin offering (ICO) is a form of business financing based on the creation and distribution of a new cryptocurrency. Initial investors in a new business or venture, almost always related to the cryptocurrency or blockchain sector, are given a new cryptocurrency coin in exchange for their funding. The intended use of these coins […]
Cryptocurrency
Cryptocurrencies Get Slaughtered But What’s Causing The Selling?
Cryptocurrencies Get Slaughtered But What’s Causing The Selling? Not long ago the euphoria surrounding Bitcoin and other cryptocurrencies had reached unprecedented levels, with Bitcoin prices touching a $20,000 high and adherents suggesting that a new age of digital currency had dawned. This week Bitcoin prices touched lows below $10,000, and there was a proportionate bloodbath […]
Bitcoin Cash Definition: Day Trading Terminology
Bitcoin Cash is a cryptocurrency that split from Bitcoin Classic in a ‘fork’ event, where holders of the original Bitcoin were allowed to exchange their units for new Bitcoin Cash units. The split from which Bitcoin Cash emerged was driven by a disagreement among Bitcoin stakeholders about altering the code of Bitcoin to allow it […]
A Guide For Cryptocurrency Taxes
After almost a decade in obscurity, cryptocurrency exploded onto the financial world in 2017. Everyone has heard of Bitcoin, and more than a few people have made fortunes from trading in the rapidly expanding cryptocurrency marketplace. However, much of the cryptocurrency world still remains uncertain and obscure. This is particularly true in the matter of […]
How To Buy Bitcoin
At this point almost everyone has heard of Bitcoin, especially after its meteoric price rise during the last few months of 2017. Now people everywhere are wondering how they can get in on the action. However, very few people actually know how they can safely purchase and hold Bitcoin, as it is an asset unlike […]
Bitcoin Futures Trading Is Here!
Bitcoin Futures Trading Is Here! Bitcoin futures made their big debut on Sunday, December 10th, 2017. The introduction of Bitcoin futures was meant to herald the beginning of widespread acceptance of Bitcoin as a new mainstay of the investing world. So what exactly is a Bitcoin future and how did Bitcoin’s big debut in the […]
Looking For An Alternative to Bitcoin? Check Out Litecoin
Looking For An Alternative to Bitcoin? Check Out Litecoin Litecoin is a digital currency that works with the peer to peer technology just like the majority of cryptocurrencies around the world. As a result, Litecoin enables instant and near zero cost payments to any individual or merchant around the world. Secondly, it is an open […]
Top 3 Cryptocurrency Exchanges
The most popular cryptocurrency – Bitcoin – was introduced to the world by Satoshi Nakamoto in 2009. Back then, there was a lot of mystery surrounding cryptocurrencies. Many people feared to venture in cryptocurrency trading for several reasons some of which include: fear of losing cryptocurrencies to cyber attacks, fear of crackdown on cryptocurrency developers […]
Investing for the Next Recession: Cryptocurrency vs Gold
Investing for the Next Recession: Gold vs Cryptocurrency The next recession is only a matter of when. Unfortunately, even though we know that recessions are inevitable, we can never predict when and how exactly they will strike. All that we do know is that the next one is coming, and it will take jobs, wealth […]
Cryptocurrency Definition: Day Trading Terminology
Cryptocurrency is a digital currency that utilizes cryptography for security and can be sent from one person to another anywhere around the world at very low processing charges. Cryptocurrencies are virtual currencies exchanged between people around the world using cryptography and shared public ledgers thus creating a secure, anonymous and stable monetary system. Cryptocurrencies derive […]