Cryptocurrency is a type of digital money, a means of making transactions. It is decentralized and does not belong to any bank or country to manage. For this reason, it has become a favorable asset to make investments for many people. But how does one actually begin the cryptocurrency mining? Before you get started, it…
Over recent years, you must have heard that more and more people are investing in cryptocurrencies. Maybe once or twice you’ve wondered if you should give it a try. In this article, we’ll explain what cryptocurrencies are, how they work, and give you some good tips for investing in them. So keep reading if you…
In today’s article, we will answer the main questions you may have about cryptocurrency. Such as : What is cryptocurrency based on? What is the technology? Is it safe? Who created crypto and more. What is cryptocurrency based on? Cryptocurrency (or crypto) is an electronic means of payment or digital money that people can use…
Blockchain Wallet Cryptocurrency wallet A cryptocurrency wallet is a device, physical medium, program or service which stores the public and/or private keys for cryptocurrency transactions. In addition to this basic function of storing the keys, a cryptocurrency wallet also offers the functionality of encrypting or signing information. Signing can for example result in executing a smart contract, a cryptocurrency…
Bitcoin (₿) Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. An unknown person or group of people using the name…
Tether (USDT) It is a cryptocurrency with tokens by Tether (USDT) Limited, which in turn is controlled by the owners of Bitfinex. The original design was always worth $1.00, maintaining $1.00 in reserves for each tether issued. While, according to its 2021 settlement with the New York Attorney General Letitia James, “Tether (USDT) represents to users that any…
Moreover, How to start trading on forex How to start trading on forex? Many want to make money in the forex market, but few who begin to trade forex want to do the prep work needed to become successful traders. While trading forex has become easier now than ever before because you can trade online via the internet, most novice traders…
Can cryptocurrency be taxed? Can cryptocurrency be taxed? The whole world is watching as Bitcoin and the rest of the cryptocurrency market keep notching new record highs. But can cryptocurrency be taxed? The Internal Revenue Service (IRS) is watching, too. If you own cryptocurrencies, you need to understand the tax liability impact every time you…
Will crypto crash? If you’ve invested (or are considering investing) in the crypto market, should you be worried about the most recent crash? Here’s what you need to know. Will crypto crash again? Should you worry right now? Although this most recent crash can be intimidating, the good news is that this is nothing…
How crypto mining works Crypto mining is a popular topic in online forums. You’ve probably seen videos and read articles about Bitcoin, Dash, Ethereum, and other types of cryptocurrencies. And in those pieces of content, the topic of cryptocurrency mining often comes up. But all of this may leave you wondering, “what is Bitcoin mining?”…