Tag Archives: cryptocurrencies

Why Crypto Trading Bots Are Going To Be A Hit | The Startup Magazine

Unless you’ve been living in a cave deep in the mountains for the past decade or so, there is a good chance you’ve likely heard of cryptocurrencies. You might not have ever traded in it or even considered it, but you’ve at least heard of Bitcoin or another popular currency. While this might be the case, you’ve likely noticed the increased talk surrounding cryptocurrencies.

Heck, you’ve probably not only noticed it being mentioned on the news and in the exchange markets, but you’ve probably noticed that a lot of physical retailers have now converted their stores to trade in the currency. Don’t worry because there is still ample opportunity to get in on the huge market and take advantage. Crypto trading bots are the best place to start.

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World with Bitcoin | The Startup Magazine

Bitcoin is a digital currency that was created in 2009 by an unknown programmer, or group of programmers. The overall world Bitcoin impact permeates a growing portion of the financial ecosystem. Bitcoin can be used to make purchases online and in brick-and-mortar stores using mobile apps. Bitcoin is the first of hundreds of “cryptocurrencies,” which are forms of currency that exist digitally through encryption. Bitcoin has become increasingly popular since its creation, with the total number of Bitcoin users around the world growing to more than 5 million today from 500,000 in 2013. Bitcoin Revolution can help you in providing proper tips and tricks for bitcoin investment.

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How People Actually Make Money From Cryptocurrencies | WIRED

YOU SAW THE many cryptocurrency-related Super Bowl ads, and maybe you found them weird, or deeply dystopian, or just disturbingly familiar. Nevertheless, perhaps you believe the blockchain has financial rewards left to reap and want to jump in, or you’ve already got some of your money tied up in cryptocurrencies via companies like Coinbase and FTX that were advertising during the big game.

What now? Keeping track of the ups and downs of Bitcoin, Ethereum, and other crypto coins and actively trading on those fluctuations can be a full-time job. Day-trading, basically. And jumping into NFTs, the digital baubles you can mint, buy, or sell, is still daunting for many.

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Putin’s sabre rattling is shaking the cryptocurrency market | Fast Company

Cryptocurrencies around the world are getting pummeled today. A quick glance at CoinDesk’s tracker will show you a wall of red. At the time of this writing, most major cryptocurrencies are down at least 5% or more, including Bitcoin, which is down nearly 7% to $40,443; Ether is down almost 6% to just over $2,900; and Dogecoin and Shiba Inc are down 4.5% and 6.5%, respectively.

So what’s causing this downturn? Unlike recent selloffs, which were largely driven by the threat of increased regulation by the likes of China or the United States, today’s selloff appears to be purely geopolitical. With the threat of Russia going to war over Ukraine, and Russian President Putin announcing he’ll oversee nuclear military drills this weekend, investors are ditching volatile stocks and digital assets in favor of more stable assets like gold.

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Bitcoin keeps plunging — when will it hit bottom? | CNN

The recent plunge in the stock market is a cakewalk compared to what’s going on with cryptocurrencies. Bitcoin prices are down more than 15% in just the past week and have plummeted nearly 70% so far this year.

Bitcoin hit a peak above $19,000 in December 2017. Its is now trading at around $4,600.

Shares of companies with ties to the crypto market have plunged lately too, including chipmakers Nvidia (NVDA) and AMD (AMD), which make graphics cards used by bitcoin miners. Online retailer turned blockchain investor Overstock (OSTK) and digital payments firm Square (SQ) are also sharply lower. Each stock is down between 15% and 35% in just the past month.

So it seems safe to say that the bitcoin bubble has burst. Should investors start to dip their toe back in to bitcoin and other crypyto-related assets?

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Bad News Day for Bitcoin: It’s Destroying the World and Bank Accounts | Entrepreneur

Even though cryptocurrencies technically have no physical presence, they really do a make a impact on the environment — and even could affect the amount of money people have in their accounts.

From January 2016 to June 2018, the Oak Ridge Institute for Science and Education in Cincinnati monitored how much energy it took to mine Bitcoin, Ethereum, Litecoin and Monero on a daily basis.

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