cryptocurrency news
Cryptocurrency news
CoinCodex provides all the data you need to stay informed about cryptocurrencies. You can find cryptocurrency charts for more than 41369 coins, and access key data such as up-to-date prices, all-time high price, cryptocurrency market cap, trading volume and more https://australia-casino-review.com/100-free-spins/. The crypto charts provided by CoinCodex are incredibly flexible – you can watch real-time prices or select between 8 pre-defined time frames, ranging from 24 hours to the entire price history of the coin. If you need more precision, you can select a custom date range. CoinCodex also gives you the ability to compare the price action of different cryptocurrencies on a single chart.
Welcome to CoinMarketCap.com! This site was founded in May 2013 by Brandon Chez to provide up-to-date cryptocurrency prices, charts and data about the emerging cryptocurrency markets. Since then, the world of blockchain and cryptocurrency has grown exponentially and we are very proud to have grown with it. We take our data very seriously and we do not change our data to fit any narrative: we stand for accurately, timely and unbiased information.
The total crypto market volume over the last 24 hours is $148.44B, which makes a 10.43% decrease. The total volume in DeFi is currently $25.86B, 17.42% of the total crypto market 24-hour volume. The volume of all stable coins is now $139.43B, which is 93.93% of the total crypto market 24-hour volume.
What is cryptocurrency
With crypto assets, fundamental metrics such as a P/E ratio, dividend rate, or yield-to-maturity do not apply. Instead, HODLers may invest in the “scarcity value” of a finite crypto such as Bitcoin—similar to the way investors view gold and precious metals as assets that may hold their value amid inflation. Learn more about crypto HODLing.
HODL is a cryptocurrency slang term that refers to holding a crypto coin or token for the long term. It comes from a typo in a 2013 thread titled “I AM HODLING” posted on BitcoinTalk, a cryptocurrency forum.
Unlike government-backed money, the value of virtual currencies is driven entirely by supply and demand. This can create wild swings that produce significant gains for investors or big losses. And cryptocurrency investments are subject to far less regulatory protection than traditional financial products like stocks, bonds, and mutual funds.
According to the UK 2020 national risk assessment—a comprehensive assessment of money laundering and terrorist financing risk in the UK—the risk of using cryptoassets such as bitcoin for money laundering and terrorism financing is assessed as “medium” (from “low” in the previous 2017 report). Legal scholars suggested that the money laundering opportunities may be more perceived than real. Blockchain analysis company Chainalysis concluded that illicit activities like cybercrime, money laundering and terrorism financing made up only 0.15% of all crypto transactions conducted in 2021, representing a total of $14 billion.
A 2020 EU report found that users had lost crypto-assets worth hundreds of millions of US dollars in security breaches at exchanges and storage providers. Between 2011 and 2019, reported breaches ranged from four to twelve a year. In 2019, more than a billion dollars worth of cryptoassets was reported stolen. Stolen assets “typically find their way to illegal markets and are used to fund further criminal activity”.
Cryptocurrencies have been compared to Ponzi schemes, pyramid schemes and economic bubbles, such as housing market bubbles. Howard Marks of Oaktree Capital Management stated in 2017 that digital currencies were “nothing but an unfounded fad (or perhaps even a pyramid scheme), based on a willingness to ascribe value to something that has little or none beyond what people will pay for it”, and compared them to the tulip mania (1637), South Sea Bubble (1720), and dot-com bubble (1999), which all experienced profound price booms and busts.
Cryptocurrency
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Cryptocurrency has a wide range of use cases beyond simple transactions. One of the most common uses is making purchases, as more businesses, such as Microsoft and Shopify, now accept Bitcoin and Ethereum as payment for goods and services. This growing acceptance enables users to make purchases both online and in stores.
Bitcoin (BTC) is the first cryptocurrency known for its decentralized nature and limited supply of 21 million coins. Think of a limited supply like this: with US dollars, the government can print more whenever it wants. This can sometimes lead to too many dollars in circulation, raising prices (inflation).
Cryptocurrency (or “crypto”) is a digital currency, such as Bitcoin, that is used as an alternative payment method or speculative investment. Cryptocurrencies get their name from the cryptographic techniques that let people spend them securely without the need for a central government or bank.
Crypto can be a good investment for someone who enjoys speculating and can financially tolerate losing everything invested. However, it is not a wise investment for someone seeking to grow their retirement portfolio or for placing savings into it for growth.