Solana (SOL) Solana (SOL) is a decentralized computing platform that uses SOL to pay for transactions. The currency aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization. Solana…
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…
Polkadot (DOT) Polkadot (DOT) is a unique proof-of-stake cryptocurrency that aims at delivering interoperability among other blockchains. The design of the protocol is to connect permission and permissionless blockchains, as well as oracles, to allow systems to work together under one roof. Polkadot’s core component is its relay chain that allows the interoperability of varying…
Cardano (ADA) Cardano (ADA) was founded back in 2017. The design of the ADA token is to ensure that owners can participate in the operation of the network. Because of this, those who hold the cryptocurrency have the right to vote on any proposed changes to the software. The team behind the layered blockchain…
Binance Coin (BNB) Binance Coin is the cryptocurrency issued by Binance exchange and trades with the BNB symbol. As of June 2021, Binance Exchange is the largest cryptocurrency exchange in the world, supporting more than 1.4 million transactions per second. Binance Coin (BNB) is an ERC20 token issued on the Ethereum blockchain by the popular cryptocurrency exchange Binance. BNB price 426.3…
Ethereum If you’re interested in Ethereum or you’re already investing in it, you might be wondering whether now is a good time to buy. It’s always exciting to ride a hot investment, but there’s also the temptation to wait for a dip first. ETH Price Statistics Ethereum Price $3,404.15 Trading Volume24h $18,996,685,581.00 17.27% Volume /…
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…
How exchange rate is determined Current international exchange rates are determined by a managed floating exchange rate. The economic actions of its government or central bank affect each currency’s value that means a managed floating exchange rate. The managed floating exchange rate hasn’t always been in use. The gold standard controlled international exchange rates until…
Is stock trading gambling? Gambling and investing have a lot of similarities. But, they are also very different. Stock trading investments are not gambling. Equating the stock market to gambling is a myth that is simply not true. Both involve risk, and each looks to maximize profit, but investing is not gambling. And, gambling is…