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Fiat currency or Cryptocurrency?
Fiat Currency A fiat currency is managed by the central bank of the respective country. It is a government-issued currency such as the U.S. dollar, Rupees are fiat currencies. Based on the trade value set by people, the central bank decides the value of a fiat currency. This currency has no value without the authorization of the central bank. Over the last few decades, this currency is being used as a medium of exchange for an alternative commodity. This currency is not redeemable in gold or silver. Cryptocurrency A cryptocurrency is a form of payment that can be exchanged online for goods and services. It uses encryption to verify its…
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Here is why I believe Bitcoin can reach peak of $100K soon
The rebounding of Bitcoin price after it hit a phenomenal rate of $30K, can assure us to hike the rates up to $40K by the time you read this article. We can predict that it might cross the barrier of $50K soon. Before that, we need to watch the $41K and $46K reach out. I just hope that the Bitcoin will be back on $100K. It might not happen soon, but I believe it will happen. Some predict the market will be down, but Bitcoin is doing great by being live and active all this time. I feel lucky to grab this opportunity to invest in Bitcoin and get the…
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pNetwork – The heartbeat of cross-chain DeFi composability
What is pNetwork/PNT? pNetwork is the new cryptocurrency token PNT with a vision to make sure that all the blockchains on the cryptocurrency market connect with just one crypto token. According to the developers, the project is “The heartbeat of cross-chain DeFi compatibility”. Decentralized Financial(DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries. pToken/PNT is a tool enabling cross-chain composability. It is an essential component enabling Decentralized Financial(DeFi) DApps to be compatible with any crypto asset. The pTokens technology was designed to overcome the inherent “walled garden” limitation of blockchain protocols. The world of open finance grows…
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Know what are the crypto trading mistakes and how to avoid them
The cryptocurrency market is keen to watch you of any mistakes. Your carelessness can put you into a big financial crisis in your life. As a beginner, you should understand this well and avoid any further mistakes in the investment procedure. Your mistakes in a short period can get you into a state that you cannot trade on cryptocurrencies again. You should consider yourself fortunate to trade on cryptocurrency. But your mistake can lead to misfortune at any time. Your hard-earned money will see a face-up if you this mind game of mining. A right decision can take you into a heavenly experience and a wrong decision can dump you…
