Price Check: Crypto Market Rebounds as Bitcoin Breaks $50k
Bitcoin has finally broken upwards of $50k after about a month of being rangebound between $45k and $50k.
The king of crypto is trading above $51k and has held the line at $50k a couple times over the past week, hopefully indicating that it is back to bullish price movements. With the reversal, the entirety of the crypto market has been on the rise and there are almost no assets in the red for the week.
We have many assets with over 30% gained this week and look to be heading into 2022 with strength in the market.
Read the full post here: https://www.cryptovantage.com/news/price-check-crypto-market-rebounds-as-bitcoin-breaks-50k/
Bitcoin has finally broken upwards of $50k after about a month of being rangebound between $45k and $50k.
The king of crypto is trading above $51k and has held the line at $50k a couple times over the past week, hopefully indicating that it is back to bullish price movements. With the reversal, the entirety of the crypto market has been on the rise and there are almost no assets in the red for the week.
We have many assets with over 30% gained this week and look to be heading into 2022 with strength in the market.
Read the full post here: https://www.cryptovantage.com/news/price-check-crypto-market-rebounds-as-bitcoin-breaks-50k/
Is Bitcoin Poised to Be Overtaken by Altcoins?
Bitcoin’s days are numbered. This, at least, is the conclusion of Eswar Prasad, senior professor of international trade policy at Cornell University, who told CNBC in a recent interview that “Bitcoin itself may not last that much longer.”
While Prasad voiced support for other cryptocurrencies and blockchain in general, he argued that Bitcoin was based on a “not very efficient” use of blockchain technology. And in suggesting that BTC has no fundamental value, he joined a range of other high-profile researchers or officials who this year have said that the cryptocurrency is basically worthless.
However, while it’s hard to disagree that Bitcoin, as a proof-of-work cryptocurrency, does consume a substantial quantity of electricity, it’s highly arguable as to whether it will be overtaken by other cryptocurrencies at one point or another. This is largely because proof-of-work is the only consensus mechanism to have really proven itself at scale. At the same time, it’s also because its layer-two scaling solution, the Lightning Network, continues to develop into a viable method for scaling Bitcoin into a medium of exchange.
Read the full post here: https://www.cryptovantage.com/news/is-bitcoin-poised-to-be-overtaken-by-altcoins/
Bitcoin’s days are numbered. This, at least, is the conclusion of Eswar Prasad, senior professor of international trade policy at Cornell University, who told CNBC in a recent interview that “Bitcoin itself may not last that much longer.”
While Prasad voiced support for other cryptocurrencies and blockchain in general, he argued that Bitcoin was based on a “not very efficient” use of blockchain technology. And in suggesting that BTC has no fundamental value, he joined a range of other high-profile researchers or officials who this year have said that the cryptocurrency is basically worthless.
However, while it’s hard to disagree that Bitcoin, as a proof-of-work cryptocurrency, does consume a substantial quantity of electricity, it’s highly arguable as to whether it will be overtaken by other cryptocurrencies at one point or another. This is largely because proof-of-work is the only consensus mechanism to have really proven itself at scale. At the same time, it’s also because its layer-two scaling solution, the Lightning Network, continues to develop into a viable method for scaling Bitcoin into a medium of exchange.
Read the full post here: https://www.cryptovantage.com/news/is-bitcoin-poised-to-be-overtaken-by-altcoins/
The Five Biggest Crypto Stories of 2021
The year 2021 may be very close to ending, but its impact on the cryptocurrency market and the wider world will continue to be felt for years to come. It was a year in which crypto entered the public’s collective consciousness in a way like never before, with regular coverage of new all-time highs being supplemented by a variety of crypto-related trends, from NFTs and Web 3.0 to the blockchain-based gaming and the metaverse.
In commemoration of the outgoing year, this article will provide a retrospective of the five biggest crypto stories of 2021. Yet more importantly, it will also look forward to how these stories will shape the industry in 2022 and beyond.
Read the full post here: https://www.cryptovantage.com/news/the-five-biggest-crypto-stories-of-2021/
The year 2021 may be very close to ending, but its impact on the cryptocurrency market and the wider world will continue to be felt for years to come. It was a year in which crypto entered the public’s collective consciousness in a way like never before, with regular coverage of new all-time highs being supplemented by a variety of crypto-related trends, from NFTs and Web 3.0 to the blockchain-based gaming and the metaverse.
In commemoration of the outgoing year, this article will provide a retrospective of the five biggest crypto stories of 2021. Yet more importantly, it will also look forward to how these stories will shape the industry in 2022 and beyond.
Read the full post here: https://www.cryptovantage.com/news/the-five-biggest-crypto-stories-of-2021/
What Are the 3 Biggest Obstacles to Crypto Adoption in 2022?
Cryptocurrency had arguably its biggest year ever in 2021 with Tesla, El Salvador and Microstrategy investing millions if not billions into Bitcoin.
Meanwhile DeFi and NFTs exploded on Ethereum while tech moguls, including most famously Mark Zuckerberg, began to put their weight behind the somewhat abstract concept of a metaverse.
But what's going to happen in 2022? And what are the biggest obstacles facing crypto adoption over the next year?
Read the full post here: https://www.cryptovantage.com/news/what-are-the-3-biggest-obstacles-to-crypto-adoption-in-2022/
Cryptocurrency had arguably its biggest year ever in 2021 with Tesla, El Salvador and Microstrategy investing millions if not billions into Bitcoin.
Meanwhile DeFi and NFTs exploded on Ethereum while tech moguls, including most famously Mark Zuckerberg, began to put their weight behind the somewhat abstract concept of a metaverse.
But what's going to happen in 2022? And what are the biggest obstacles facing crypto adoption over the next year?
Read the full post here: https://www.cryptovantage.com/news/what-are-the-3-biggest-obstacles-to-crypto-adoption-in-2022/
December Rewind: Bitcoin Struggles But Several Altcoins Soar
Bitcoin followed up a down month of November with another down month in December. The king of crypto is approaching the new year below $50k, currently trading around $47k after starting the month almost $10k higher at $57k.
As one might expect, this has resulted in a mostly red market for the month, but there are some altcoins seeing significant gains even while Bitcoin is down. The market as a whole is down quite a bit, and many assets shed about 30% in value over the past month, but if inflation continues to run rampant, it seems only a matter of time before crypto is back in the green.
Read the full post here: https://www.cryptovantage.com/news/december-rewind-bitcoin-struggles-but-several-altcoins-soar/
Bitcoin followed up a down month of November with another down month in December. The king of crypto is approaching the new year below $50k, currently trading around $47k after starting the month almost $10k higher at $57k.
As one might expect, this has resulted in a mostly red market for the month, but there are some altcoins seeing significant gains even while Bitcoin is down. The market as a whole is down quite a bit, and many assets shed about 30% in value over the past month, but if inflation continues to run rampant, it seems only a matter of time before crypto is back in the green.
Read the full post here: https://www.cryptovantage.com/news/december-rewind-bitcoin-struggles-but-several-altcoins-soar/
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Price Check: Bitcoin Drops Below $50,000 as 2022 Begins
Last week Bitcoin finally broke upwards of $50k after about a month of being rangebound between $45k and $50k. It was a short-lived time though, as the king of crypto lost the threshold after holding it for almost a week and is currently teetering between $46k and $47k.
As expected, this has resulted in a fairly red market chart, but there are still quite a few altcoins continuing to make gains this week after starting to move up last week.
Read the full post here: https://www.cryptovantage.com/news/price-check-bitcoin-drops-below-50000-as-2022-begins/
Last week Bitcoin finally broke upwards of $50k after about a month of being rangebound between $45k and $50k. It was a short-lived time though, as the king of crypto lost the threshold after holding it for almost a week and is currently teetering between $46k and $47k.
As expected, this has resulted in a fairly red market chart, but there are still quite a few altcoins continuing to make gains this week after starting to move up last week.
Read the full post here: https://www.cryptovantage.com/news/price-check-bitcoin-drops-below-50000-as-2022-begins/
CryptoVantage
Price Check: Bitcoin Drops Below $50,000 as 2022 Begins
What will 2022 bring to the crypto market? Well it appears the year is starting off on a lukewarm note as Bitcoin has dropped below the $50,000 but the altcoin market is showing signs of life.
From NFTs to Regulation: Five Crypto Trends to Watch in 2022
2021 has been one of the cryptocurrency industry’s best years on record. The total cap of the entire market has risen from $574 billion on January 1 to $2.5 trillion as of writing (December 7), representing a growth of some 335% in just under 12 months. At the same time, new sub-sectors within the industry have enjoyed greater prominence, from non-fungible tokens and metaverse platforms to decentralized finance and Web 3.0.
However, with the market experiencing something of a wobble right now, traders may be forgiven for wondering what 2022 will look like. Will it witness the same kind of strong growth we saw in 2021? What parts of the market will be the big winners? And will the industry face any serious challenges in the next 12 months?
In order to answer these questions, here are the top five crypto trends in 2022. These won’t be the only things of significance to happen to the industry in the next year, but they will probably be the most important. And they’re likely to have the most impact on investors looking for returns.
Read the full post here: https://www.cryptovantage.com/news/from-nfts-to-regulation-five-crypto-trends-to-watch-in-2022/
2021 has been one of the cryptocurrency industry’s best years on record. The total cap of the entire market has risen from $574 billion on January 1 to $2.5 trillion as of writing (December 7), representing a growth of some 335% in just under 12 months. At the same time, new sub-sectors within the industry have enjoyed greater prominence, from non-fungible tokens and metaverse platforms to decentralized finance and Web 3.0.
However, with the market experiencing something of a wobble right now, traders may be forgiven for wondering what 2022 will look like. Will it witness the same kind of strong growth we saw in 2021? What parts of the market will be the big winners? And will the industry face any serious challenges in the next 12 months?
In order to answer these questions, here are the top five crypto trends in 2022. These won’t be the only things of significance to happen to the industry in the next year, but they will probably be the most important. And they’re likely to have the most impact on investors looking for returns.
Read the full post here: https://www.cryptovantage.com/news/from-nfts-to-regulation-five-crypto-trends-to-watch-in-2022/
Ask CryptoVantage: What Are Considered “Blue-Chip” Cryptos?
In moments of true innovation, we naturally reach for an analogy to the world we know. In the web3 era, and especially in DeFi, we reach for analogies to traditional finance. We use terms like ‘digital gold’ to describe bitcoin and we start with the traditional art market when thinking about Non-Fungible Tokens (NFTs).
As investors, we’ve lived in the FAANG (Facebook, Apple, Amazon, Netflix, Google) era for so long that we’re trying to find the next big winners amongst the plethora of cryptocurrencies. Although we need to look deeper into elements like the size of the user base, the quality of the software, consensus mechanisms, the developer community, it’s utility in the world, and it’s transaction volume, speed, and cost, we can still be relatively sure that projects on top of the charts for an extended period of time will continue to perform.
That begs the question, what are the blue-chip cryptocurrencies? Today, the blue-chip cryptocurrencies are bitcoin, ethereum, binance coin, and solana.
Read the full post here: https://www.cryptovantage.com/news/ask-cryptovantage-what-are-considered-blue-chip-cryptos/
In moments of true innovation, we naturally reach for an analogy to the world we know. In the web3 era, and especially in DeFi, we reach for analogies to traditional finance. We use terms like ‘digital gold’ to describe bitcoin and we start with the traditional art market when thinking about Non-Fungible Tokens (NFTs).
As investors, we’ve lived in the FAANG (Facebook, Apple, Amazon, Netflix, Google) era for so long that we’re trying to find the next big winners amongst the plethora of cryptocurrencies. Although we need to look deeper into elements like the size of the user base, the quality of the software, consensus mechanisms, the developer community, it’s utility in the world, and it’s transaction volume, speed, and cost, we can still be relatively sure that projects on top of the charts for an extended period of time will continue to perform.
That begs the question, what are the blue-chip cryptocurrencies? Today, the blue-chip cryptocurrencies are bitcoin, ethereum, binance coin, and solana.
Read the full post here: https://www.cryptovantage.com/news/ask-cryptovantage-what-are-considered-blue-chip-cryptos/
The SEC Ethereum ‘Free Pass’ Theory and Why It’s Important for Crypto
Ripple recently celebrated its one-year anniversary. No, not the anniversary of its founding, but rather the anniversary of its legal dispute with the Securities and Exchange Commission, which on December 22, 2020 charged Ripple Labs and two of its executives with conducting a $1.3 billion unregistered securities offering.
The immediate effect of this charge was to tank the price of XRP, which fell from $0.517176 to $0.212070 on December 31. However, as negative as the SEC’s case initially was for Ripple, there has been significant fightback on various fronts, from XRP’s market performance to the dogged legal defense proffered by Ripple’s lawyers. In addition, members of the wider XRP and cryptocurrency communities -- including attorneys working within the industry -- have pointed out the serious inconsistencies inherent to the SEC targeting Ripple, and not Ethereum as well.
Proponents of the so-called ‘free pass theory’ have even highlighted that key SEC figures have professional and financial interests that naturally align them with Ethereum (and Bitcoin). They’ve therefore claimed that the SEC’s case against Ripple is potentially part of a conspiracy intended to damage Ripple and XRP. And while there may be no real proof that this is true, the contradictions and conflicts (of interest) attached to the SEC’s charges are ultimately positive for crypto in the long term.
Read the full post here: https://www.cryptovantage.com/news/the-sec-ethereum-free-pass-theory-and-why-its-important-for-crypto/
Ripple recently celebrated its one-year anniversary. No, not the anniversary of its founding, but rather the anniversary of its legal dispute with the Securities and Exchange Commission, which on December 22, 2020 charged Ripple Labs and two of its executives with conducting a $1.3 billion unregistered securities offering.
The immediate effect of this charge was to tank the price of XRP, which fell from $0.517176 to $0.212070 on December 31. However, as negative as the SEC’s case initially was for Ripple, there has been significant fightback on various fronts, from XRP’s market performance to the dogged legal defense proffered by Ripple’s lawyers. In addition, members of the wider XRP and cryptocurrency communities -- including attorneys working within the industry -- have pointed out the serious inconsistencies inherent to the SEC targeting Ripple, and not Ethereum as well.
Proponents of the so-called ‘free pass theory’ have even highlighted that key SEC figures have professional and financial interests that naturally align them with Ethereum (and Bitcoin). They’ve therefore claimed that the SEC’s case against Ripple is potentially part of a conspiracy intended to damage Ripple and XRP. And while there may be no real proof that this is true, the contradictions and conflicts (of interest) attached to the SEC’s charges are ultimately positive for crypto in the long term.
Read the full post here: https://www.cryptovantage.com/news/the-sec-ethereum-free-pass-theory-and-why-its-important-for-crypto/
What Are The Top 3 Things People Get Wrong About Binance Coin?
BNB needs no introduction to crypto insiders. The currency is the native cryptocurrency for Binance, arguably the world's favorite exchange. But as is usual with a lot of things, knowing about something doesn't mean you know how it works. The Binance platform has several projects under its umbrella, and as a result, Binance-speak can be baffling even for the most avowed crypto fan.
BNB is almost synonymous with Binance. Does that mean it's the company's stock? Are Binance Chain and Binance Smart Chain the same thing? Bitcoin is known for being "deflationary" — the opposite of inflationary, thanks to its hard cap. What about BNB?
Read the full post here: https://www.cryptovantage.com/news/what-are-the-top-3-things-people-get-wrong-about-binance-coin/
BNB needs no introduction to crypto insiders. The currency is the native cryptocurrency for Binance, arguably the world's favorite exchange. But as is usual with a lot of things, knowing about something doesn't mean you know how it works. The Binance platform has several projects under its umbrella, and as a result, Binance-speak can be baffling even for the most avowed crypto fan.
BNB is almost synonymous with Binance. Does that mean it's the company's stock? Are Binance Chain and Binance Smart Chain the same thing? Bitcoin is known for being "deflationary" — the opposite of inflationary, thanks to its hard cap. What about BNB?
Read the full post here: https://www.cryptovantage.com/news/what-are-the-top-3-things-people-get-wrong-about-binance-coin/
The 10 Best Cryptocurrency Apps of 2022
No cryptocurrency trader is an island. Rather than being capable of picking winning trades without any outside input, pretty much every trader depends on a constant stream of information, guidance and help in order to invest wisely. Indeed, the cryptocurrency market moves so quickly that not having access to up-to-date info and data is akin to playing darts in the dark.
Fortunately, we live in the Smartphone Age. This means that every investor, no matter how big or small, can download a range of apps that will help them navigate the weird and wonderful world of crypto. This article compiles the 10 best cryptocurrency apps of 2022, ranging from apps for the latest price data and technical indicators to apps that teach you the basics of cryptocurrency trading. Together, they should provide traders with the best possible launchpad for beating the market.
Read the full post here: https://www.cryptovantage.com/news/the-10-best-cryptocurrency-apps-of-2022/
No cryptocurrency trader is an island. Rather than being capable of picking winning trades without any outside input, pretty much every trader depends on a constant stream of information, guidance and help in order to invest wisely. Indeed, the cryptocurrency market moves so quickly that not having access to up-to-date info and data is akin to playing darts in the dark.
Fortunately, we live in the Smartphone Age. This means that every investor, no matter how big or small, can download a range of apps that will help them navigate the weird and wonderful world of crypto. This article compiles the 10 best cryptocurrency apps of 2022, ranging from apps for the latest price data and technical indicators to apps that teach you the basics of cryptocurrency trading. Together, they should provide traders with the best possible launchpad for beating the market.
Read the full post here: https://www.cryptovantage.com/news/the-10-best-cryptocurrency-apps-of-2022/
Ask CryptoVantage: What Are the Best Tips for Surviving a Bear Market?
Whether it is in the crypto space or traditional finance, bear markets are inevitable. In a sudden twist of emotions or events, market actors can choose to sell their positions (whether it's more than they intended or not) in a wave of panic selling that also scares other actors into a selling frenzy.
This can set out a ripple effect that can pull the price of an asset down sharply even though its fundamental value has not changed.
Read the full post here: https://www.cryptovantage.com/news/ask-cryptovantage-what-are-the-best-tips-for-surviving-a-bear-market/
Whether it is in the crypto space or traditional finance, bear markets are inevitable. In a sudden twist of emotions or events, market actors can choose to sell their positions (whether it's more than they intended or not) in a wave of panic selling that also scares other actors into a selling frenzy.
This can set out a ripple effect that can pull the price of an asset down sharply even though its fundamental value has not changed.
Read the full post here: https://www.cryptovantage.com/news/ask-cryptovantage-what-are-the-best-tips-for-surviving-a-bear-market/
Here’s Why the Cryptocurrency Market Suffered Another Big Drop, Continues to Slump
The much-anticipated end-of-year cryptocurrency rally failed to materialize. Not only that, but as CryptoVantage predicted in an earlier article, its no-show has contributed to a protracted slump. In fact, this past week saw a big dive, as bitcoin fell by 15% in seven days, from about $48,123 to a low of $40,685. Needless to say, most of the market declined along with it.
There are numerous reasons for this decline, with this article focusing on the three most important: 1) clear signals that the Federal Reserve will tighten monetary policy in 2022; 2) the disappearance of any real positive narrative for crypto; and 3) the cooling off of a grossly overheated market.
All these factors have combined to cause the current slump the market is witnessing, and it may not be for several months that it recovers. But hopefully, Ethereum’s successful transition to proof-of-stake in Q1/Q2 -- as well as a possible victory for Ripple in its case against the SEC -- may help trigger a recovery rally.
Read the full post here: https://www.cryptovantage.com/news/heres-why-the-cryptocurrency-market-suffered-another-big-drop-continues-to-slump/
The much-anticipated end-of-year cryptocurrency rally failed to materialize. Not only that, but as CryptoVantage predicted in an earlier article, its no-show has contributed to a protracted slump. In fact, this past week saw a big dive, as bitcoin fell by 15% in seven days, from about $48,123 to a low of $40,685. Needless to say, most of the market declined along with it.
There are numerous reasons for this decline, with this article focusing on the three most important: 1) clear signals that the Federal Reserve will tighten monetary policy in 2022; 2) the disappearance of any real positive narrative for crypto; and 3) the cooling off of a grossly overheated market.
All these factors have combined to cause the current slump the market is witnessing, and it may not be for several months that it recovers. But hopefully, Ethereum’s successful transition to proof-of-stake in Q1/Q2 -- as well as a possible victory for Ripple in its case against the SEC -- may help trigger a recovery rally.
Read the full post here: https://www.cryptovantage.com/news/heres-why-the-cryptocurrency-market-suffered-another-big-drop-continues-to-slump/
Price Check: Has Bitcoin Found the Bottom at $40,000?
Bitcoin is hanging on to a very important threshold by a thread, trading just above $41k after dipping just below $40k to $39.7k earlier in the day.
Some analysts believe the bottom may be $38k, but holders of the king of crypto likely do not want to see that area tested. With another 10% drop by Bitcoin, we have a really red market chart, with only a few assets in the green for the week. As a result, the decreases section for the week will be expanded as we include more assets that have lost value over the week.
Read the full post here: https://www.cryptovantage.com/news/price-check-has-bitcoin-found-the-bottom-at-40000/
Bitcoin is hanging on to a very important threshold by a thread, trading just above $41k after dipping just below $40k to $39.7k earlier in the day.
Some analysts believe the bottom may be $38k, but holders of the king of crypto likely do not want to see that area tested. With another 10% drop by Bitcoin, we have a really red market chart, with only a few assets in the green for the week. As a result, the decreases section for the week will be expanded as we include more assets that have lost value over the week.
Read the full post here: https://www.cryptovantage.com/news/price-check-has-bitcoin-found-the-bottom-at-40000/
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Huge Potential? The 10 Best Cryptocurrencies to Buy in 2022
2021 was a great year for the cryptocurrency market, featuring all-time highs not only for many, many coins but also for the market’s total cap as a whole. And even if it ended with a whimper, the current bearishness will eventually transform into renewed bullishness at some point, judging by previous market cycles of expansion and contraction.
As we’ve written previously, at least a couple of events on the horizon are likely to help push the overall market higher later this year, while the current macroeconomic picture -- involving inflation and the threat of higher interest rates -- may improve as the global economy continues to open up again. This means that investors might want to begin considering their options in preparation for a recovery, with the downturn giving them the opportunity to buy various coins at a significant discount.
To this end, we’ve chosen the 10 best cryptocurrencies to buy in 2022. It's worth mentioning this article is not investment advice. These are just coins with good long-term potential, in the sense of having strong fundamentals, good levels of investment and/or usage, and a real potential for future development and growth.
Read the full post here: https://www.cryptovantage.com/news/huge-potential-the-10-best-cryptocurrencies-to-buy-in-2022/
2021 was a great year for the cryptocurrency market, featuring all-time highs not only for many, many coins but also for the market’s total cap as a whole. And even if it ended with a whimper, the current bearishness will eventually transform into renewed bullishness at some point, judging by previous market cycles of expansion and contraction.
As we’ve written previously, at least a couple of events on the horizon are likely to help push the overall market higher later this year, while the current macroeconomic picture -- involving inflation and the threat of higher interest rates -- may improve as the global economy continues to open up again. This means that investors might want to begin considering their options in preparation for a recovery, with the downturn giving them the opportunity to buy various coins at a significant discount.
To this end, we’ve chosen the 10 best cryptocurrencies to buy in 2022. It's worth mentioning this article is not investment advice. These are just coins with good long-term potential, in the sense of having strong fundamentals, good levels of investment and/or usage, and a real potential for future development and growth.
Read the full post here: https://www.cryptovantage.com/news/huge-potential-the-10-best-cryptocurrencies-to-buy-in-2022/
Several African Countries Are Looking at Incorporating Crypto
African countries are embracing central bank digital currencies. In what seems like sudden demand, central banks across the continent are rushing to have their version of a digital currency. It's intriguing to watch, considering even though the continent is a hotspot of crypto trading, regulators have been less than moved.
Nigeria is at the forefront — having already activated a digital version of the Naira — while other countries are losing no time in pursuit.
CBDCs, short for central bank digital currencies, are digital currencies issued and regulated by central or state banks. CBDCs attempt to mimic the best of cryptocurrencies — fast transaction speeds, high-level security, and cheaper fees.
Read the full post here: https://www.cryptovantage.com/news/several-african-countries-are-looking-at-incorporating-crypto/
African countries are embracing central bank digital currencies. In what seems like sudden demand, central banks across the continent are rushing to have their version of a digital currency. It's intriguing to watch, considering even though the continent is a hotspot of crypto trading, regulators have been less than moved.
Nigeria is at the forefront — having already activated a digital version of the Naira — while other countries are losing no time in pursuit.
CBDCs, short for central bank digital currencies, are digital currencies issued and regulated by central or state banks. CBDCs attempt to mimic the best of cryptocurrencies — fast transaction speeds, high-level security, and cheaper fees.
Read the full post here: https://www.cryptovantage.com/news/several-african-countries-are-looking-at-incorporating-crypto/
What Are the Top 3 Things People Get Wrong About XRP?
XRP may be one of the most widely misunderstood cryptocurrencies in the world. XRP used to hold firm the #3 spot in the cryptocurrency world, so what happened to it? What is XRP? And what do people get wrong about it?
Ripple (XRP) is a cryptocurrency created by Ripple Labs. It’s design intent is to ease the facilitation of payments across international borders. Currently, it can be very expensive to send cash across the world, XRP seeks to make that process cheaper. While this is a use-case that the everyday person might not encounter, it is very useful for a number of entities. Namely, it’s a fantastic use-case for people and institutions sending large amounts of money around the world. It is also for people who have to send money back to their home country who are working abroad.
Here's a look at the three biggest misconceptions about XRP:
Read the full post here: https://www.cryptovantage.com/news/what-are-the-top-3-things-people-get-wrong-about-xrp/
XRP may be one of the most widely misunderstood cryptocurrencies in the world. XRP used to hold firm the #3 spot in the cryptocurrency world, so what happened to it? What is XRP? And what do people get wrong about it?
Ripple (XRP) is a cryptocurrency created by Ripple Labs. It’s design intent is to ease the facilitation of payments across international borders. Currently, it can be very expensive to send cash across the world, XRP seeks to make that process cheaper. While this is a use-case that the everyday person might not encounter, it is very useful for a number of entities. Namely, it’s a fantastic use-case for people and institutions sending large amounts of money around the world. It is also for people who have to send money back to their home country who are working abroad.
Here's a look at the three biggest misconceptions about XRP:
Read the full post here: https://www.cryptovantage.com/news/what-are-the-top-3-things-people-get-wrong-about-xrp/
Best Ways to Earn Passive Income with Crypto in 2022
While the early days of bitcoin and cryptocurrency were dominated by traders looking to buy low and sell high, the crypto ecosystem has recently seen increased financialization and different ways in which users are able to earn passive income on their crypto holdings.
With developments such as staking and lending, crypto holders are now able to earn additional returns on top of the potential increase in price of their underlying crypto holdings. Much like the traditional financial system, there are varying degrees of risk that come with different methods of earning passive income on bitcoin, ether, and a large number of other crypto assets.
Before seeking additional yields on your crypto assets, it's important to understand the risks associated with various areas of decentralized finance (DeFi) and centralized finance (CeFi). Let's take a closer look at three of the most popular ways crypto users are earning additional returns on their assets today.
Read the full post here: https://www.cryptovantage.com/news/best-ways-to-earn-passive-income-with-crypto-in-2022/
While the early days of bitcoin and cryptocurrency were dominated by traders looking to buy low and sell high, the crypto ecosystem has recently seen increased financialization and different ways in which users are able to earn passive income on their crypto holdings.
With developments such as staking and lending, crypto holders are now able to earn additional returns on top of the potential increase in price of their underlying crypto holdings. Much like the traditional financial system, there are varying degrees of risk that come with different methods of earning passive income on bitcoin, ether, and a large number of other crypto assets.
Before seeking additional yields on your crypto assets, it's important to understand the risks associated with various areas of decentralized finance (DeFi) and centralized finance (CeFi). Let's take a closer look at three of the most popular ways crypto users are earning additional returns on their assets today.
Read the full post here: https://www.cryptovantage.com/news/best-ways-to-earn-passive-income-with-crypto-in-2022/
