There are several myths about automated cryptocurrency trading; some people think it's miraculous, while others say it's a fraud.
Being the first cryptocurrency and a virtual currency created to compete with fiat money, Bitcoin is widely regarded as the "mother" of cryptocurrencies. As it is based on blockchain technology and is obtained through mining, it is a payment method independent of the government and doesn’t require the involvement of external parties.
As Bitcoin gained market traction, it became more difficult, expensive, and slow; now that it has dropped to its lowest point in 18 months, some are questioning its worth.
Is it appropriate to invest in NFTs now that cryptocurrency users are spending millions minting and the crypto winter?
NFTs can alter how people view digital assets and even offer several opportunities for these digital collectibles to collaborate with other sectors.
NFTs have been bombarding the news feeds of major football fans worldwide, along with fan tokens and cryptocurrency.
The need to establish rvUSD occurred for CoinFlex when a long-time customer’s account went towards negative equity
BlockFi was also involved in the recent collapse of Three Arrow Capital (3AC), which was unable to repay its Bitcoin borrowings, as the lending company that was eventually forced to liquidate its positions in the 3AC.