Although exact figures are hard to come by, many believe that fewer than 1% of all people, worldwide, are involved with cryptocurrencies. Sadly, many cryptocurrency community members have overestimated the industry by unbelievably large margins, expecting a high bitcoin adoption rate. It could easily take years for cryptocurrencies and blockchain technology to reach levels of adoption that are on par with other revolutionary technologies. Let’s take a look at some facts and statistics regarding the adoption rate of Bitcoin.
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Bitcoin, aka cryptocurrency or digital gold, was created 10 years ago by Satoshi Nakamoto, a mysterious individual or group of people whose true identity is still unknown. The main idea behind the establishment of this virtual currency was to enable quick and cheap online payments without the need to use traditional banking channels. BTC, in case you hadn’t noticed, is quite a big deal these days. A lot of people are talking about it, and there’s a lot of noise in the media about it.
Do you own any Bitcoin? Do you know anyone who does? Worldwide, how many people own Bitcoin?
Ethereum, the second largest cryptocurrency in the world by market capitalization, is facing major devaluation as its value has been dropping at a major scale since last month. How low will Ethereum go and what causes this fall? This dramatic ETH dropping left many wondering if it has hit the bottom yet?
For over 25 years, cryptographers and innovators had been trying to come up with a secure, decentralized workable digital currency. None succeeded until Satoshi Nakamoto unveiled Bitcoin. This coin appears to be the perfect medium to make it possible for investors worldwide, including developing countries, to have access to trading opportunities like never before. All thanks to the unique benefits of Bitcoin. Here, we introduce to you the 10 biggest benefits of Bitcoin.
Binance is one of the fastest growing exchanges in the cryptocurrency market. And if this keeps up, it will be one of the biggest crypto exchanges based on trading volume. Additionally, many newly coins/tokens that just had an ICO would have a higher tendency to be listed on Binance compared to other big exchanges. Regardless, you may still wish to close your Binance account. And,
there are several legitimate reasons to do it.
Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, and Info. Founded by a team of fintech and crypto experts, it is capable of processing more than 1.4 million orders per second, making it one of the fastest exchanges in the world. The platform focuses on security, robustness, and execution speed, attracting enthusiasts and professional traders alike.
This cryptocurrency exchange was created by a former key member of OKCoin. While the company mostly focuses on the Chinese market, everybody is welcome. That said, they do not accept fiat money deposits, which means that you can’t withdraw any fiat money. The amount of coins available for trading is relatively high and still growing. But, there are other exchanges that offer more exotic ones. The major issue we have with Binance is that it hasn’t been around long enough to pass the test of time.
Here, we will look at how you can close your Binance account, in the event that you find it is in your best interest.
If you have been following the wonderful world of cryptocurrencies, it is likely that you have heard of the Binance exchange. Binance operates exclusively with cryptos, which means that your fiat money (i.e. Dollars, Euros, etc.) doesn’t work there. All trades are strictly crypto-to-crypto. It can be a bit tricky when you wish to convert your crypto into fiat money. Here, we tell you what you must do in order to cash out on Binance.
If you are one of the savvy holders of Bitcoin (BTC), you should also already know that it is YOUR responsibility to ensure that your digital currency is safe and secure.
Some people believe that digital currencies are easier, safer and offer better privacy than traditional currencies. But, where should you keep them? It’s a simple question, and the simple answer is, in a Bitcoin wallet of course!
However, there are many to choose from. Here, we bring you our list of the 8 most secure Bitcoin wallets.
Do you want to buy some Bitcoin? Should you “just do it”? Is “now” the right time to do it? Let’s see if we can answer these questions.
Tom Lee is a Wall Street strategist and a co-founder of Fundstrat Global Advisors. He has created what he calls his “Bitcoin Misery Index” (BMI), which uses multiple market factors to calculate how “miserable” the holders of Bitcoin are, based on the current price level. This index might be very helpful when you are trying to decide when to make your Bitcoin purchase. Here, we tell you everything you always wanted to know about BMI, but were afraid to ask!
You might already know that in a typical Initial Coin Offering (ICO), tokens (or coins) are offered by a company for purchase as a form of crowdfunding. However, with a Security Token Offering (STO), it’s an upgrade where you can purchase tokens during the offering that you can then trade, sell, or hold. Moreover, security tokens are actual financial securities. So, your tokens are backed by something tangible, like assets, revenues, and/or profits of the company.