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jennyl • Aug 9, 2022, 8:00 am EDT

What Is Staking Crypto?

Did you know that, in 2020, the size of the global cryptocurrency market was $826.6 million? Additionally, this market expects to see a value of $1,902.5 million in the year 2028, with a compounded annual growth rate of 11.1% between 2021 and 2028. Considering these statistics, you might be interested in taking part in buying and trading cryptocurrencies. However, this can be stressful if you don’t understand how crypto works. After all, how can you know how to approach crypto trading if you don’t understand the elements of crypto? Fortunately, this article will review the cryptocurrency term “staking crypto.” Finally, you

5 minutes

tinam • Jul 29, 2022, 1:02 pm EDT

What You Need To Know About The Ethereum Merge

Maybe you’ve heard a lot about the upcoming Ethereum ‘Merge.’ But what is it all about?  Aside from being one of 2022’s most high-profile events in the crypto industry, the Merge is also one of the most substantial upgrades in Ethereum’s history. The merging of Ethereum’s mainnet with the Beacon Chain’s proof-of-stake (PoS) system spells the end of the proof-of-work (PoW) consensus mechanism for Ethereum.  The ‘Merge’ name is crypto slang for the PoW to PoS transition. This transition will enhance the security, speed, and scalability of Ethereum’s network.  This is a long-awaited change. Lately, headlines are intensifying as many

3 minutes

tinam • Jul 27, 2022, 11:50 am EDT

Byte Federal Bitcoin ATM: How to Use the Best Bitcoin ATM

At the beginning of 2021, there were about 14,000 Bitcoin ATMs around the globe. By the end of the year, there were around 34,000 Bitcoin ATMs. And the market keeps growing. If you want to take advantage of one of these new Bitcoin ATMs, there are many other things to know before you learn how to buy and sell cryptocurrency.  Each different ATM operates differently, but if you are interested in how to use a Byte Federal Bitcoin ATM, keep reading to learn all you need to know.  What Is a Bitcoin ATM? A Bitcoin ATM is just like a regular ATM

9 minutes

tinam • Jul 25, 2022, 11:59 am EDT

What Should You Look For In A Crypto Wallet?

Even amid 2022’s crypto winter, it’s still essential to move digital holdings to a secure wallet. Opportunistic thieves and hackers are still as busy as ever trying to steal funds.  In fact, research from BestBrokers suggests crypto hacks and thefts are becoming more damaging. The firm reported 64 security breaches from January to mid-June 2022, a sharp decline from 251 hacks in the same timeframe last year.  However, data shows the average amount stolen per incident has jumped by 206% from 2021 to 2022.  Researchers believe thieves are focusing on higher-value targets in 2022, especially within the DeFi ecosystem, due to significant

4 minutes

tinam • Jul 5, 2022, 10:09 am EDT

What Kind Of Crypto Wallet Should You Use?

When it comes to storing crypto, choosing the right type of wallet to keep your digital assets is a crucial decision all crypto owners must make. If you have found yourself wondering “What kind of crypto wallet should I use?”, then you should find the answers you seek below. Many different types of crypto wallets exist to hold crypto, each with specific advantages and disadvantages. When choosing the right crypto wallet for you, it is imperative to understand and weigh the differences between different types of crypto wallets, based on your cryptocurrency investing needs.When choosing a specific type of wallet,

4 minutes

tinam • Jun 17, 2022, 4:21 am EDT

Cash App & Venmo Vs. ByteWallet, Which Platform Comes Out On Top?

If you’re looking for a way to send and receive money digitally, you’ve likely come across Cash App, Venmo, and ByteWallet. All three platforms offer easy and convenient ways to exchange funds with others, but which one is the best choice for you? In this article, we’ll compare and contrast the features, fees, and security of Cash App, Venmo, and ByteWallet to help you make an informed decision. Whether sending money to a friend, paying a bill, or making a purchase, you’ll want to know which platform comes out on top.

5 minutes

tinam • May 24, 2022, 7:06 am EDT

Rich Dad Poor Dad’s Robert Kiyosaki Is Still Bullish On Bitcoin

Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, recently shared that he is still bullish on Bitcoin. Since reaching its all-time high at around $60k last year, BTC and the broader crypto market have been in a largely bearish trend Due to the success of his book, Kiyosaki remains a well-regarded investor. Many people are considering his advice on what the future holds for the digital asset. Robert Kiyosaki claims that the bottom could be anywhere from $20k to $9k. He also says it could be anywhere in between, including $14k or $11k. Because the bear trend

2 minutes

jennyl • May 19, 2022, 9:18 am EDT

12 Amazing Benefits of Investing in Cryptocurrency

With the global crypto market poised to hit over 23 billion dollars by 2023, it looks more than ever like a time to start investing in cryptocurrency. Do you agree, and have you started investing? If not, you might be missing out. Lucky for you, this article has dropped right on your doorstep. By the end, you should understand many of the benefits cryptocurrency brings. So read on and learn how to talk about the advantages of crypto with confidence. Transparency When you make a transaction to buy or sell Bitcoin, you enter a record into a permanent public ledger. This ledger’s

9 minutes

tinam • May 15, 2022, 8:47 am EDT

What’s A Stablecoin? What’s The Deal With Terra? Here Are The Details Of The Latest Crypto Crash

2022 has already been a challenging year for crypto. Many hoped the easing of pandemic-related restrictions would help revive the market. Unfortunately, this has not really been the case yet. But few might have imagined the latest crypto crash would involve stablecoins, which play a vital role (especially within the DeFi sector). Stablecoins have long been heralded for their stability by traditional and crypto investors due to their peg with a tangible asset.  In mid-May 2022, the TerraUSD (UST) stablecoin lost its $1 peg to the dollar and went into free fall. Once ranked among the top ten most valuable cryptocurrencies, the coin was trading

3 minutes

tinam • May 11, 2022, 7:44 am EDT

What Are Seed Phrases & Why Are They Important?

One of the fundamental principles making cryptocurrency so attractive is that crypto owners have control of their own digital assets. By “control,” we mean that they are not dependent on a third-party institution or a centralized entity to manage, or store their wealth. Users can control the storage and management of the assets themselves. This means there is no need to provide any identification or to have to pass any legal requirements. You may be wondering then; “How does the blockchain technically know that a person is the owner of a wallet that holds crypto within it”? What’s The Secret? The

5 minutes