Cryptocurrency Spot Exchanges

Cryptocurrency Spot Exchanges

Cryptocurrency Spot Exchanges Understanding cryptocurrencies alone can be daunting, and if you’re new to crypto trading, finding the right platform to buy and sell popular assets like Bitcoin, Ethereum, and Litecoin can be another challenge. Most crypto exchanges also offer features like staking rewards (for holding a crypto asset for a set period of time), margin trading, crypto trading tools, and more. We’ve compiled some the best cryptocurrency exchanges for buying and selling crypto assets. Keep reading to find the best option for you. Which is the largest Cryptocurrency exchange?…

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Crypto Glossary

Crypto Glossary #, A 1hr : Stands for data for the past 1 hour. 24hr : Stands for data for the past 24 hours. 30d : Stands for data for the past 30 days. 51% Attack : If more than half the computer power or mining hash rate on a network is run by a single person or a single group of people, then a 51% attack is in operation. 7d : Stands for data for the past 7 days. AMLD5 : The European Union’s 5th Anti-Money Laundering Directive (AMDL5)…

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Eurosystem launches digital euro project

digital euro

Eurosystem launches digital euro project ? Investigation phase of digital euro project to last 24 months ? Design to be based on users’ preferences and technical advice by merchants and intermediaries ? No technical obstacles identified during preliminary experimentation phase The Governing Council of the European Central Bank (ECB) has decided today to launch the investigation phase of a digital euro project. Following the decision, the President of the Eurogroup Paschal Donohoe joined the meeting, congratulated the Governing Council and expressed his full support for the project. “It has been…

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Purplish pink diamond hits record $ 26.6 million

Pink Diamond, The Spirit of the Rose

Purplish pink diamond hits record $ 26.6 million The “Spirit of the Rose” diamond, in Geneva on November 6, 2020 The price of some of the largest pink rough diamond ever discovered in Russia has unsurprisingly skyrocketed. An exceptional pink stone, from this rough diamond, was auctioned for $ 26.6 million commission included Wednesday evening in Geneva by Sotheby’s. However, the record could have gone even further. The auction house had previously estimated it between 23 and 38 million dollars. Named “The Spirit of the Rose” after the famous Ballets…

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Tether

Tether

Tether Tether is a controversial cryptocurrency with tokens issued by Tether Limited. It formerly claimed that each token was backed by one United States dollar, but on 14 March 2019 changed the backing to include loans to affiliate companies. The Bitfinex exchange was accused by the New York Attorney General of using Tether’s funds to cover up $850 million in funds missing since mid-2018. Tether is called a stablecoin because it was originally designed to always be worth $1.00, maintaining $1.00 in reserves for each tether issued. Nevertheless, Tether Limited…

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Initiative Q

Initiative Q

Initiative Q Initiative Q is still in its early days, and there is a long way to go before all your Qs could be used at around one USD per Q. Initiative Q’s roadmap is based on a series of steps towards widespread use of the Q currency. Each step is designed such that participants will view its fulfillment as a rational decision, given completion of the previous steps and the Q incentives they receive. Still, this roadmap carries many risks and challenges, and there is no guarantee that any…

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Bakkt Platform

bakkt_bitcoin

Cryptocurrency markets go their own way, we see bull and bear markets. But what matters is that the number of daily transactions for all cryptocurrencies is up year over year Bakkt is designed Bakkt is designed to enable consumers and institutions to seamlessly buy, sell, store and spend digital assets. Formed with the purpose of bringing trust, efficiency and commerce to digital assets, Bakkt seeks to develop open technology to connect existing market and merchant infrastructure to the blockchain. The Intercontinental Exchange earlier this month launched Bakkt, an open, seamless…

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Understanding How Gold Prices Are Determined

gold, altin

Understanding How Gold Prices Are Determined Paper currencies have come and gone through the ages but gold has always maintained its value. While cultures have cherished gold for its beauty and viewed it as a symbol of wealth, investors today buy gold to diversify their portfolios, as a hedge against inflation, and for protection against currency devaluation. It’s widely accepted that gold is a good investment, but less is known about how gold prices are determined and what affects the daily price of gold. Value of the U.S. Dollar The…

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The History of the Dollar

dollar history

The History of the Dollar From Thalers to Dollars The history of the dollar is a story involving many countries in different continents. The word dollar is much older than the American unit of currency. It is an Anglicised form of “thaler”, (pronounced taler, with a long “a”), the name given to coins first minted in 1519 from locally mined silver in Joachimsthal in Bohemia. (Today the town of Joachimsthal lies within the borders of the Czech republic and its Czech name is Jáchymov). Thaler is a shortened form of…

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Bitcoin Declared Sharia Compliant, Opening Crypto Markets to Islamic Finance

halal coin

Bitcoin Declared Sharia Compliant, Opening Crypto Markets to Islamic Finance “The use of any lawful thing for an unlawful purpose can not make the thing itself unlawful.” So concludes Indonesia’s Blossom finance, ending a debate in the Islamic world and perhaps even more widely. A couple of Sheiks had previously argued that bitcoin is not sharia compliant because it can be used by criminals, or, echoing general criticisms, because it is volatile, but Matthew J. Martin, CEO of Blossom Finance, says: “Rulings by Islamic scholars that claim Bitcoin is not…

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$150,000 USD in Ethereum Stolen in MyEtherWallet Hack

myetherwallet com

$150,000 USD in Ethereum Stolen in MyEtherWallet Hack For two hours yesterday, April 24th, 2018, hackers diverted visitors of MyEtherWallet.com, accessing user accounts and stealing approximately 215 ether. MyEtherWallet warned users on Reddit and Twitter as soon as the hack was identified. But, this left a couple of hours where users of the wallet attempting to visit the MyEtherWallet.com website were redirected to a “spoof” or phishing site controlled by the hackers. The hack employed the “decade-old” technique of redirecting Domain Name Servers (DNS) rather than a hack to, or…

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Nasdaq is open to becoming cryptocurrency exchange, CEO says

nasdaq cryptocurrency exchange

Nasdaq is open to becoming cryptocurrency exchange, CEO says – Once the regulation is smoothed out and the space “matures”, Nasdaq would consider becoming a digital currency exchange, the company’s CEO says. – “Certainly Nasdaq would consider becoming a crypto exchange over time,” Nasdaq CEO Adena Friedman says. – In the meantime, Nasdaq is supporting existing crypto exchanges, and announced a technology deal with Gemini Wednesday. Once the space matures, Nasdaq is open to becoming a platform for trading cryptocurrencies like bitcoin, according to the company’s CEO. “Certainly Nasdaq would…

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