With the growth in blockchain technology, tasks, like maintaining records and transactions, have become more reliable. Through this technology, an individual can store tamperproof data anywhere in the world. It will operate as a database that will be unchallengeable and could be referred to in case of any dispute related to authenticating transactions, verifying ownership, […]
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Category: Cryptocurrency
Future of Bitcoin, Ethereum, and XRP
As per the predictions made by a crypto analyst, Michael Van de Poppe, if Bitcoin can hold at a $42,000 support level, then it will soon witness a green pasture, meaning there will be a significant rise in its prices. Poppe suggests that on reaching $43k the prices will jump to $46k for BTC. At […]
Understanding the Concept of Tokenomics
One of the most significant factors in every individual’s life is money. Money is used to fulfill the daily necessities and has a profound influence on every aspect of an individual’s life. Even though it is such a crucial component to every individual, it is regulated by central institutions and governments, meaning that government or […]
Buy Signal flashed by Bitcoin
The co-founder and CEO of crypto hedge fund Three Arrows Capital, Su Zhu, says that a very rare bullish signal was flashed by Bitcoin. Zhu informed his Twitter followers that Bitcoin’s dormancy flow metric has reached a level that has only been seen five times in the complete history of Bitcoin. Dormancy flow means, the […]
Multiple Meaning of Cryptocurrency
Whenever the word cryptocurrency is mentioned, the first thought that comes to our mind is coins, indicating storage value or a way to exchange wealth. This misconception about cryptocurrency is quite common, due to the popularity of Bitcoin. While the history of the entire crypto tokens is almost the same, there are some distinct differences […]
Bottom Prices for Bitcoin Other Cryptocu...
A pseudonymous crypto analyst, the Capo, has predicted the potential bottoms on Bitcoin (BTC), Ethereum (ETH), and two other smart contract platforms Cardano (ADA) and Solana (SOL). Potential Bottoms BTC: $40,000 ETH: $3,000 ADA: $1.02 SOL: $125 Talking about BTC, the analyst predicted that Bitcoin will drop down to $40,000 or slightly below, before bouncing […]