cryptocurrency

 Cryptocurrency market is expanding like never before and there are a lot of opportunities for traders. Needless to say cryptocurrency market is where people buy and sell cryptocurrencies like Bitcoin, Ripple, Ethereum, etc. of different countries based on Cryptocurrency news regarding the movements of the currencies. Here it must be mentioned that the profit or loss from this trading stems from the difference of the value of a particular cryptocurrency at the time of its purchase and at the time when it is sold. Needless to say the decisions regarding when to buy or to sell any cryptocurrency should be based on the political and economic situation as well as the demand and supply. Reading the top cryptocurrency news traders can benefit a lot as it provides detailed information regarding all political, economic, and commercial market trends. Moreover, as it is important to visit a reliable site that provides up-to-date cryptocurrency news and keeps you abreast of all the developments,

 In the early days of its launch in 2009, several bitcoins were used to buy a pizza. Since then, the cryptocurrency's meteoric rise to US$20,000 in December 2017, subsequently dropping by about 70 percent to around US$6,000 in mid-2018, boggles the mind of many people - cyptocurrency investors, traders or just the plain curious who missed the boat. How it all began Bear in mind that dissatisfaction with the current financial system gave rise to the development of the digital currency. The development of this cryptocurrency is based on blockchain technology by Satoshi Nakamoto, a pseudonym apparently used by a developer or group of developers. Notwithstanding the many opinions predicting the death of cryptocurrency, bitcoin's performance has inspired many other digital currencies, especially in recent years. The success with crowdfunding brought on by the blockchain fever also attracted those out to scam the unsuspecting public and this has come to the attention of regulators. B

 Cryptocurrencies are the latest 'big thing' in the digital world and have now been recognized as being part of the monetary system. In fact, enthusiasts have tagged it as 'the revolution of money'. In clear terms, cryptocurrencies are decentralized digital assets that can be exchanged between users without the need for a central authority, the majority of which being created via special computation techniques referred to as 'mining'. The acceptance of currencies, like the US Dollar, Great British Pound and the Euro, as legal tender is because they have been issued by a central bank; digital currencies, however, such as cryptocurrencies, are not reliant on the confidence and trust of the public on the issuer. As such, several factors determine its value. Factors that Determine the Value of Cryptocurrencies Principles of Free Market Economy (Mainly Supply and Demand) Supply and demand is a major determinant of the value of anything of value, including cryptocurre

 Over the past year, the cryptocurrency market took a series of heavy punches from the Chinese government. The market took the hits like a warrior, but the combos have taken its toll in many cryptocurrency investors. The market lackluster performance in 2018 pales in comparison to its stellar thousand-percent gains in 2017. What has happened? Since 2013, the Chinese government have taken measures to regulate cryptocurrency, but nothing compared to what was enforced in 2017. (Check out this article for a detailed analysis of the official notice issued by the Chinese government) 2017 was a banner year for the cryptocurrency market with all the attention and growth it has achieved. The extreme price volatility forced the Central bank to adopt more extreme measures, including the ban of initial coin offerings (ICOs) and clampdowns on domestic cryptocurrency exchanges. Soon after, mining factories in China were forced to close down, citing excessive electricity consumption. Many exchanges a