Category Archives: Finance & Cryptocurrency

What is inflation? How does it impact the global financial market?

Inflation is an economic term used to describe the rise in the general level of prices of goods and services over a period of time. Inflation is generally caused by an increase in the supply of money in the economy, either through the government printing more currency or through an increase in borrowing by individuals […]

Major differences between traditional market and cryptocurrency

When it comes to investing and trading, there are significant differences between traditional markets and cryptocurrencies. In traditional markets, investors trade stocks, bonds, commodities, and other securities using established exchanges like the New York Stock Exchange (NYSE) or NASDAQ. On the other hand, cryptocurrencies are decentralized digital assets that can be bought, sold, and traded […]

What is alt coins in crypto?

Altcoins, short for “alternative coins,” are any cryptocurrencies that are not Bitcoin. The term was originally used to refer to any cryptocurrency that was not Bitcoin, but it has since evolved to refer to any cryptocurrency that is not one of the major cryptocurrencies like Bitcoin, Ethereum, or Litecoin. Altcoins can be created for a […]

What is crypto cold wallet and why is it important?

A crypto cold wallet is a type of digital wallet that stores cryptocurrency offline. This means that the wallet is not connected to the internet, making it much more secure than a “hot wallet” that is connected to the internet. Cold wallets typically come in the form of hardware devices, such as USB sticks, that […]

What is the usage of bitcoin?

Bitcoin has several use cases, including: Payment: Bitcoin can be used as a form of payment for goods and services, both online and offline. Merchants can accept Bitcoin payments directly, or through payment processors that convert Bitcoin to traditional currencies. Store of value: Some people see Bitcoin as a store of value similar to gold […]

What is the differences between Bitcoin (BTC) and Etherium (ETH)?

Bitcoin and Ethereum are two of the most well-known cryptocurrencies, but they have some key differences: Purpose: Bitcoin was created as a digital currency to be used as a medium of exchange, while Ethereum was designed as a platform for decentralized applications (dApps) that use smart contracts to automate processes and transactions. Technology: Bitcoin uses […]

What is Cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security and operates independently of a central bank. It is based on blockchain technology, which is a decentralized and distributed ledger that records all transactions in a secure and transparent way. Unlike traditional currencies, cryptocurrencies are not issued or controlled by any government or […]