Cryptocurrencies have taken over the financial markets. The amount of money that is circulating in the crypto markets today is beyond our imagination. A few years ago, most people were not aware of the existence of cryptocurrencies. Due to this, a lot of cryptocurrencies went unnoticed and people…
In the financial year 2020-21, a market that has boomed is the financial market. When we say financial market, Let us take a look back in time and compare how the markets were performing a year ago. In March 2020 the Nifty 50, an index of the Indian…
Launched in 2009, Bitcoin was the first crypto currency to come into existence. Since then, we have seen many cryptocurrencies that run on the same technology i.e., blockchain. However, they all have their unique selling points.Due to the excess supply of multiple crypto currencies, confusion may arise in…
The fiat currencies that we use come under the domain of centralized authorities. Whereas, cryptocurrencies are of a decentralized nature. Thus, you cannot find cryptocurrencies at a particular location like banks, etc. Cryptocurrency mining is the process of earning cryptocurrency. Through this the miners gain cryptocurrency as a…
Cryptocurrencies that originated in 2009 have gained immense popularity today. Investors, especially the young ones look at cryptocurrency as a good investment avenue. As of now, more than 4000 cryptocurrencies are floating in the market. But, not all of them are the same. In fact, most people have…
Bitcoin is the first-ever cryptocurrency that started in 2009. At its inception, the value of Bitcoin was not even one US dollar. However, in the last 11 years, it touched an all-time high of almost $65,000. Though the price did not shoot up continuously, Bitcoin, just like most…
Cryptocurrencies have taken over the world in the recent past. People used to invest their money in stocks, mutual funds, and other conventional options. However, with the rising demand for cryptocurrency, people are now setting aside a portion for crypto investments as well. Indeed, the risk involved in cryptocurrency…
A cryptocurrency can be defined as a decentralized form of digital currency in which encryption technologies are used for the generation of units of currency or the verification of funds transfer. For a layperson, it can be simplified as using digital files as money. How does cryptocurrency work?…
Bitcoin is a crypto currency that came into existence in 2009. Since then, it has become the most widely used and recognized crypto currency. The founder of Bitcoin is anonymous. All people know about is an alias that they used, Satoshi Nakamoto. Bitcoin has gained worldwide recognition. In…