Recent Posts
What you need to know to minimize losses in cryptocurrency?
Even good crypto trading signals and investment strategies can lead to portfolio losses if the basic rules of money management are neglected. In addition to the basic rules that are typical for investing and trading any assets, the crypto space is characterized by a number of additional rules. Let’s consider both categories of recommendations.
Can cryptocurrencies protect against inflation?
Scarcity makes the store of value — gold or bitcoin — resistant to inflation. Therefore, bitcoin is often referred to as “digital gold”. Its total number will not exceed 21 million coins, which gives it an advantage over fiat currencies, the supply of which is unlimited.
What to expect now from the crypto market?
On May 26, the Fear and Greed cryptocurrency index fell to 12 points, which indicates an extreme level of fear in the market. As early as May 7, the indicator was significantly higher, at the level of 23 points. The next day it dropped to 18, and since May 9 it has fluctuated in the range from 8 to 14 points. The last time the indicator dropped to 8 points was on March 28, 2020, when financial markets fell due to the risks of the COVID-19 pandemic.
What you need to know about blockchain bridges?
In the world of cryptocurrencies, there are many different networks based on blockchain technology, such as Ethereum, Binance Smart Chain, Algorand, Avalanche, Cosmos, Polkadot, Tezos, Solana and others. Each blockchain has its own features and functions. Most of them work according to different algorithms and rules for reaching consensus. Bridges are used to exchange data between different blockchains.
Where can they learn to understand cryptocurrencies?
Today, the labor market offers many jobs related to cryptocurrencies and blockchain. Banks, financial, legal, insurance and IT companies create entire departments for the development and implementation of products using new technologies and are actively recruiting employees.