Cryptocurrency

A cryptocurrency is a digital asset or virtual money that is secured by cryptographic algorithms. Some cryptocurrencies are decentralized and are based on Blockchain technology or distributed ledger technology.  

The first cryptocurency was developed by the American cryptographer David Chaum, who has described is ecash anonymous cryptographic electronic money in 1983. Now Bitcoin is one of the most popular and biggest cryptocurrencies.

The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
Feb 24, 2021 at 15:53
News
The Land of Controversy: China Is Leading Cryptocurrency Market Despite the Hostility of Regulators
China’s history on cryptocurrency is quite a controversial one. Most of the crypto users that became millionaires after 2017’s crypto-bubble were residing in China. The country’s mining pools dominated over 60% of the Bitcoin overall hashrate. Nevertheless, regulators are making every effort to stop the growth of the sector.
Bitcoin Cash Hovers above $500, Amidst Bullish Expectation
Feb 24, 2021 at 14:36
News
Bitcoin Cash Hovers above $500, Amidst Bullish Expectation
Bitcoin Cash has pulled above the $500 support and attempts to resume an upward move. Today, the upward move is facing some resistance as the altcoin resumes a range-bound movement below the $600 high. In the previous price action, BCH was trading above $680 support.
Bitcoin Consolidates Above $45,000 Support, Struggles to Sustain Above $52,000 High
Feb 24, 2021 at 12:13
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Bitcoin Consolidates Above $45,000 Support, Struggles to Sustain Above $52,000 High
Yesterday, Bitcoin rebounded above the $45,000 support and rallied above the $50,000 high. Buyers are still struggling to push the price to the previous highs. In the previous price action, the bulls fail to break the resistance at $58,000.
USA Welcoming Cryptocurrency Despite Regulatory Pressure
Feb 23, 2021 at 16:04
News
USA Welcoming Cryptocurrency Despite Regulatory Pressure
The USA has been the globe’s major player in practically all industries. No wonder that all nascent technologies find their home and development in the country. Cryptocurrency is not an exception. Despite its motherland being considered to be China, the first commercial transaction involving digital assets was made in the USA.
Litecoin in a Downward Correction, Can Bulls Reverse the Downturn?
Feb 23, 2021 at 15:10
News
Litecoin in a Downward Correction, Can Bulls Reverse the Downturn?
Litecoin plunged to $155 low after the bulls were unable to sustain above the $240 high. Initially, the altcoin fell to $180 low and pulled back. The pullback was overridden by the bears as the market continued its downward move.
Ripple Rallies to $0.65 Overhead Resistance but Drops Sharply to $0.36 Low
Feb 23, 2021 at 13:28
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Ripple Rallies to $0.65 Overhead Resistance but Drops Sharply to $0.36 Low
Yesterday, Ripple retested the overhead resistance at $0.65 but failed to break above the recent high. A breakout would have seen the altcoin reaching the high of $0.78 but the reverse was the case.
Business Turns to Cryptocurrency Mining as Profits Skyrocket; Gamers Feel Shortage of Graphic Cards Supply
Feb 22, 2021 at 14:22
News
Business Turns to Cryptocurrency Mining as Profits Skyrocket; Gamers Feel Shortage of Graphic Cards Supply
As cryptocurrency prices skyrocket, the profits for miners grow proportionally. For this reason, companies from various fields are considering entering this nascent industry.
Bitcoin Bulls Recoup Above $55,000 Support after Rejection at the $58,000 High
Feb 22, 2021 at 11:11
News
Bitcoin Bulls Recoup Above $55,000 Support after Rejection at the $58,000 High
Over the past 48 hours, Bitcoin’s price has been fluctuating between $55,000 and $58,000. Buyers could not reach the $60,000 psychological price level as the uptrend was interrupted at the recent high.
Growing Interest in Bitcoin Triggers Growth in Cryptocurrency Business
Feb 21, 2021 at 15:37
News
Growing Interest in Bitcoin Triggers Growth in Cryptocurrency Business
2021 started bullishly for major cryptocurrencies that soared in price. Along with the value increase, the industry has also seen significant growth in business entities and investments.
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