Stay updated with the latest news and trends in the cryptocurrency market. Explore our crypto market updates for valuable insights and analysis.
Bitcoin’s recent surge past $30,000 has many wondering whether another crypto boom is on the way. However, the industry is still struggling to recover from the damage caused by last year’s scandal-filled downturn. While Bitcoin’s rebound has brought some optimism, several high-flying startups, including Voyager Digital, Celsius, FTX, Blockfi, and Genesis Global, were hammered by … Read more
As cryptocurrencies gain more popularity, skepticism and misconceptions about them continue to persist. One of the most common questions asked is whether Bitcoin is a pyramid scheme. The answer is simple: No, it is not. A pyramid scheme is a business model that recruits members by promising them payment or rewards for enrolling others … Read more
Bitcoin has become increasingly popular in recent years as a decentralized digital currency that allows people to transact without intermediaries. However, unlike traditional fiat money systems, where governments can print more money, Bitcoin is “discovered” through a process called mining. But how exactly does Bitcoin mining work? Bitcoin mining is a process of discovering … Read more
Dogecoin and Shiba Inu have been two of the most talked-about cryptocurrencies in the market lately, and for good reason. Both coins are memecoins, which means that they are not based on any real-world asset or product, but are rather created as a joke or for fun. Despite this, Dogecoin and Shiba Inu have … Read more
The crypto market has seen significant fluctuations in recent years, with Bitcoin and Ethereum at the forefront of these changes. In 2023, Bitcoin’s dominance rate has risen to 48.5%, the highest since July 2021, while Ethereum’s dominance rate remains stagnant between 19% and 20%. Understanding the relationship between Bitcoin and Ethereum is crucial for investors … Read more