Right now, we’re in the middle of another unexpected development in blockchain technology. Just as no one saw the rise of Bitcoin and other cryptocurrencies coming, nobody could have expected the impact that non-fungible tokens (NFTs) would have on the world of blockchain technology. This new application of existing blockchains like Ethereum provides a new way to provide actual ownership to digital assets.
Cryptocurrencies such as bitcoin (BTC-USD) and ethereum (ETH-USD) are soaring in value and forecasted to reach new all-time highs. The latest bull run has caused interest in cryptocurrencies to rise from traditional and institutional investors.
Blockchains are very versatile tools and so they can be applied in a variety of ways and in multiple sectors.
You can think of a blockchain like an obsessive club filled with members who love to keep track of things. The club has a ton of complicated rules to make sure that every member writes down the exact same set of records about what happens each day (whether it’s bird sightings, or beer tastings, or flower sales) and that once data is recorded and accepted, it becomes exponentially more difficult to change as more and more records are added on top of it.
The revolution in digital money is now moving into banking, as cryptocurrency starts to reshape the way people borrow and save.
Crypto Watch is back again to bring you the latest updates you might have missed in the cryptocurrency market. Since the digital coin is becoming a thing, more and more companies are becoming interested in it.
Bitcoin (BTC) is best described as the granddaddy of cryptocurrency. Launched in 2009, it was the first digital currency and promised to transform cash as we knew it. A type of electronic money that people could exchange easily, securely, and cheaply without requiring a middleman? It’s not surprising Bitcoin captured people’s imaginations.
The early days of blockchain are behind us now. The “Bitcoin Mania” of late 2017 has come and gone. By now, many of you are familiar with at least the basics of cryptocurrencies, blockchain and bitcoin.
In many places across the globe, people do not own cryptocurrencies due to several myths. They believe that it is risky to invest money in such money. But it does not mean that one should believe in things that do not exist. Therefore, it is necessary to clear all your doubts before trading cryptocurrencies. Before you judge anything, ensure that you know everything about blockchain technology and virtual currencies.
Few issues divide well respected investors as much as cryptocurrency. To hear many classic value investors tell it, crypto is Bernie Madoff with the added dimension of wasting electricity and facilitating seedy criminal activities.
Blockchain is a generic term for the way most cryptocurrencies record and share their transactions. It’s a type of distributed ledger that parcels up those transactions into chunks called “blocks” and then chains them together cryptographically in a way that makes it incredibly difficult to go back and edit older blocks.
Travel Company Backed By World’s Largest Cryptocurrency Exchange Launches Blockchain-Powered Airbnb Competitor
A travel booking site backed by the world’s largest cryptocurrency exchange, Binance, is preparing to launch a decentralized, blockchain-based competitor to Airbnb called Dtravel.
As with the feverish debate around Bitcoin and its carbon footprint, there has been no shortage of discussion surrounding cryptocurrencies and the energy they consume.
The meteoric rise of bitcoin – from $10,000 since last year’s list to an all-time high of $65,000 this April – and other major cryptocurrencies over the past few months secured a record eight spots on this year’s Fintech 50 list for blockchain and cryptocurrency focused companies.
Between dogecoin’s cameos on U.S. television and bitcoin’s growing acceptance on Wall Street, cryptocurrency is reaching a wider audience than ever before.