Created in August 2020 by a founder called Ryoshi, Shiba Inu takes its moniker from the cuddly dog of the same name. And don’t get it confused with the similarly canine-themed Dogecoin, which features the same breed as its mascot. Instead, Shiba Inu calls itself a “Dogecoin killer.”Shiba Inu (SHIBUSD) is an Ethereum-based altcoin (a crypt...
The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying...
Recently, Elrond also announced the launch of its digital wallet and global payments app dubbed Maiar, scheduled for Jan. 31 2021.Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel...
On the 19th of January, Enjin announced that the Enjin Coin (ENJ) has been approved by the Japan Virtual Currency Exchange Association (JVCEA). This approval enables Enjin Coin (ENJ) to be listed on the Coincheck exchange. The JVCEA is the regulatory body in charge of cryptocurrency exchanges in Japan.Listing Enjin Coin on Coinch...
What is a moving average?A moving average is a widely used indicator in technical analysis that helps smoothing out price action by filtering out the “noise” from random price fluctuations. They are calculated by taking the average closing price of a currency pair for the last ‘X’ number of periods. It is a trend-following, or lagging, i...
What is a Bitcoin halving?A halving is a planned reduction in rewards miners receive (the term is mentioned in Bitcoin’s code). Halvings happen once every 4 years, and more precisely, every 210,000 blocks of transactions. As the name suggests, each one cuts the amount of Bitcoin miners receive per block reward in half. For miners, obvious...
Litecoin vs BitcoinLitecoin vs Bitcoin. Which one is better? Everyone from qualified economists to Redditors have been comparing the two since Litecoin came into existence in 2011.The conversation not only discusses these coins individually and against each other, but also pertains to a more complex debate over what it takes to become a s...
Bearish: An asset is bearish if the price is set to fall according to certain indicators or rules, or a person is bearish if he thinks that the price of an asset will decline. Bullish: An asset is bullish if the price is set to rise according to certain indicators or rules, or a person is bullish if he thinks that the price o...
What is Crypto? A Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Note: Not all 'Crypto' companies are currencies. Many of them offer other services and their 'Currency' is actually...
Another platform has switched to NEO. Reasoning? Currently, Ethereum can process 15 transactions per second, while NEO can handle up to 10,000 per second. We have a few major announcements to make regarding Narrative: For both the Token Sale and our platform, we are switching from Ethereum to NEO. We are going t...
The most popular cyptocurrency exchange Binance re-opens for a limited number of new accounts. Due to its high demand and traffic, Binance disabled its registration temporarily. Binance daily trading volume reaches $5.9 billion dollars. This is what they announced: "We are pleased to announce that Binance will re-open limited user regi...
Name | Sym. | Description Bitcoin | BTC | Digital gold Ethereum | ETH | Programmable contracts and money Bitcoin Cash | BCH | Bitcoin clone Ripple | XRP | Enterprise payment settlement network Litecoin | LTC | Faste...
Beginners’ guide: Investing in crypto currencies Since the inception of the crypto currency system, many lives have been changed. The system comes with many life changing opportunities for everyone that cares to utilize them. But even with these opportunities, there are people who are still living in poverty. This can be largely due to l...
Clear comparison of major crypto currencies The inception of block chain technology has seen many types of crypto currencies crop up. Each of these currencies has its own features which makes it unique from each other. While it is true that these currencies operate under the same scope, their individual features make their returns and ot...
