With the governments having the ability to print more money in society, investors found cryptocurrency as a well to protect their cash.
While NFTs have been around since the launch of Bitcoin in 2009, the market has only recently taken off. Non-fungible tokens (NFT) have become one of the biggest crypto crazes of 2020 and 2021. NFT sales totaled $95 million in 2020, and in just the first half of 2021 sales reached nearly $2.5 billion. Digital …
With so many options available, how can you choose the best cryptocurrency exchange app? To make that decision, you’ll need to also research the specific details of each exchange and choose the one that best suits your needs. There are many factors to consider when thinking about how to choose a cryptocurrency exchange. Here are …
12 Factors to Consider When Choosing a Cryptocurrency Exchange Read More »
Cryptocurrencies can act like real money—in a sense, they are real money—but they take a digital monetary form and are not managed or governed by any central authority. A true product of the digital age, cryptocurrencies operate without the involvement of banks, governments, or any middleman. However, in most cases you will need to use …
9 Popular Cryptocurrencies: Understanding Each One Read More »
In theory, anyone could start a cryptocurrency, but not everyone has the knowledge or resources necessary to take on the task. Even after an individual manages to make a new cryptocurrency, there is typically work to do in terms of promotion, listing on exchanges, and ongoing maintenance and upgrades. Still want to know what it takes? Read …
7 Steps to Create Your Own Cryptocurrency: A Beginner’s Guide Read More »
After a year in which its price marched (mostly) upward, Bitcoin, the world’s largest cryptocurrency, lost nearly half its value. At the end of June, the digital asset was selling at the $34,000 per coin level at the end of June – that’s down from an April high of $65,000. Other high-profile coins, including Ethereum …
10 Things To Know Before Buying Cryptocurrency On The Dip Read More »
Below is a list of the biggest cryptocurrencies by market cap, according to data from the websiteCoinMarketCap . Cryptocurrencies that are available on SoFi Invest® are noted with an asterisk. 1. Bitcoin* Market Cap $641,505,573,940 June 30, 2021 Price $34,260.40 Circulating Supply 18,745,206 Bitcoin (BTC) was designed to be a digital form of money that …
Top 30 Cryptocurrencies in 2021 (Based on Market Cap) Read More »
Ready to take your cryptocurrency investing to the next level and take advantage of the constant price movements? Crypto arbitrage will probably seem like an attractive prospect — who doesn’t like the idea of buying crypto in one place and selling it for a profit somewhere else? When done successfully, crypto arbitrage can literally mean …
Crypto Arbitrage: Everything You Need to Know to Profit Read More »
It’s been a dismal year for the economy. But one bright spot amidst the recession has been the explosion in the value of Bitcoin and other cryptocurrencies. Since its low in April 2020, Bitcoin is up almost 800% in less than 12 months! So how can you take advantage of Bitcoin’s rise in the world …
Bitcoin ETF – How to Invest in Bitcoin and Other Cryptocurrencies Read More »
Where cryptocurrencies were once the reserve of tech nerds, these days, they’ve become so mainstream that your parents might be considering investing in cryptocurrency. This news might strike excitement into the hearts of diehard crypto fans, but it also means there’s a rise in people who want to get in on the “hype” and invest …
11 Things to Consider Before Investing in Cryptocurrency Read More »
Unless you live under a rock, I’m sure you’ve heard of cryptocurrency, or at least one of the giants, Bitcoin. Learning the benefits of cryptocurrency can help you decide if it’s best for you! Several years ago, when I first heard of Bitcoin, I doubted the idea that cryptocurrency would ever become a real currency. …