1.Payment currencies
Payment currencies such as Bitcoin (BTC) and Litecoin (LTC) are used to make payments (surprise surprise). They utilise blockchain technology to encrypt, regulate and verify the transfer of funds between parties.
2.Blockchain economies
Ethereum and Cardano are good examples of blockchain economies. While Ethereum allows the creation of decentralised tokens and apps, Cardano builds on this idea, with the aim of being a more scalable, sustainable and interoperable platform.
3.Privacy coins
Unlike Bitcoin, privacy coin owners are anonymous, their wallet address balance is private, and the amount sent or received in a transaction is known only by the sender and receiver.
Monero (XMR) and Dash (DASH) are examples of privacy coins.
4.Stablecoins
Popular with traders for their stable price, stablecoins are pegged to another asset class in order to reduce volatility. Dai (DAI) and Tether (USDT) are two you might have heard of, both of which are…
Payment currencies such as Bitcoin (BTC) and Litecoin (LTC) are used to make payments (surprise surprise). They utilise blockchain technology to encrypt, regulate and verify the transfer of funds between parties.
2.Blockchain economies
Ethereum and Cardano are good examples of blockchain economies. While Ethereum allows the creation of decentralised tokens and apps, Cardano builds on this idea, with the aim of being a more scalable, sustainable and interoperable platform.
3.Privacy coins
Unlike Bitcoin, privacy coin owners are anonymous, their wallet address balance is private, and the amount sent or received in a transaction is known only by the sender and receiver.
Monero (XMR) and Dash (DASH) are examples of privacy coins.
4.Stablecoins
Popular with traders for their stable price, stablecoins are pegged to another asset class in order to reduce volatility. Dai (DAI) and Tether (USDT) are two you might have heard of, both of which are…
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1150+ projects building on Cardano right now!
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#cardano
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#cardano
Media will only show Bitcoin is dead but not this.
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#bitcoin
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#bitcoin
Cryptocurrencies appear to be near a hyper-adoption phase, similar to that of the internet during the mid-to-late 1990s.
Cryptocurrencies, turning in some of the best performances over the past decade (versus other major asset classes) have new investors fearing that they may be too late. Bitcoin’s price, as an example, has compounded at a 216% annual rate since its first recorded transaction in 2010.
comparison, the total return of the S&P 500 Index over the same period has compounded annually at 16%.
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#crypto
Cryptocurrencies, turning in some of the best performances over the past decade (versus other major asset classes) have new investors fearing that they may be too late. Bitcoin’s price, as an example, has compounded at a 216% annual rate since its first recorded transaction in 2010.
comparison, the total return of the S&P 500 Index over the same period has compounded annually at 16%.
For more quick updates, join us on Telegram: t.me/cryptorelevant 👈
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Data and research content infographics: @cryptorelevant
Important crypto news stories: @CryptoRelevantNews
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#crypto
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This week in Crypto.
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#crypto
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#crypto
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Bitcoin has given the highest return since August 2020.
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#bitcoin
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#bitcoin
Bitcoin started 2023 on a high note, breaking past key price resistance levels to recoup previously lost ground.
-Addresses holding 1,000-10,000 BTC have been stepping up in the accumulation.
-As of this writing, whales have amassed approximately 64,000 Bitcoin, which was worth over $1 billion.
-Bitcoin’s price increased by 34% in the past 30 days and 20% in the past seven days.
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#bitcoinwhales
-Addresses holding 1,000-10,000 BTC have been stepping up in the accumulation.
-As of this writing, whales have amassed approximately 64,000 Bitcoin, which was worth over $1 billion.
-Bitcoin’s price increased by 34% in the past 30 days and 20% in the past seven days.
For more quick updates, join us on Telegram: t.me/cryptorelevant 👈
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#bitcoinwhales