The Cryptocurrency landscape is Changing. What’s Hot? What’s Not? A blog about the latest trends in the cryptocurrency world and how it relates to experts.
Bitcoin (BTC) is down a little under percent on the day, and is trading at $6,470 as of press time. With one notable exception Oct. 15 – a brief spike correlated with Tether’s slight untethering from its dollar peg – the top coin has been trading sideways between $6,500-$6,500 for the past few days, before slipping below the $6,500 today, still above where it started the week, close to $6,300. On the week, Bitcoin is 2.7 percent in the green, and is also up just about 2 percent on the month.
CoinMarketCap data reveals that Ethereum (ETH) is now the second-largest cryptocurrency by market capitalization behind bitcoin. In fact, ethereum has been hovering around this position for several weeks following a strong rally in May that saw ETH move from third to second place by surpassing Ripple’s XRP token after Ripple experienced a major sell-off last month.
Ethereum’s rise to second place in terms of market cap comes
The cryptocurrency landscape is changing. In the early days of Bitcoin, it was possible to find an almost endless list of digital currencies with which you could trade and invest. But these days the market has become much more competitive and it’s harder to find coins that have a lot of potential for investors or traders.
Because of this, there are several companies that have begun offering a wide variety of services to help you sort through all the cryptocurrencies that are available**
The global cryptocurrency market is changing. New service providers, new cryptocurrencies and new ways to invest in the technology are coming online each day. As a result, many of our customers are asking us what we think about certain projects: should I invest? Should I build my business on this platform? What’s hot? What’s not?
There are a lot of opinions out there, from so-called experts to hardcore fans and from professional investors to the just plain curious. We believe that this field is too important to be left only to the experts. That’s why we decided to share our own thoughts with you.
In this blog post we will provide an overview of some of the hottest trends in the cryptocurrency landscape, as well as some details on how they impact our customers (and you!). To make things easier for you, we have divided them into two sections: one section deals with “what’s hot?,” while the other focuses on “what’s not?.”
Cryptocurrency is the newest and most exciting technology to come out in recent years. The hopes are that it will bring revolutionary changes to how we do business, trade and interact with one another.
The Bitcoin hype has died down a little, but it has created a huge market for all other altcoins. The excitement has not diminished though. Some investors have taken a cautious approach while others have gone all in.
Both approaches can yield high returns if you know what to look for and what to avoid.
It’s important to analyze each crypto coin individually and do your research before investing. Cryptocurrencies are very volatile and the market is currently unregulated which makes it risky for some people who aren’t willing to take chances with their hard earned cash.
If you want to invest in cryptocurrencies, the first thing you need to do is decide which type of coin is the best fit for your needs. There are three main categories: privacy coins like Monero or Zcash; utility tokens like Ethereum or Stellar Lumens; payment methods such as Ripple or Litecoin. Which category will produce long term growth? Will one category overtake another?
Cryptocurrency is the new kid on the block. The concept of a purely digital currency that can be transferred instantly between any two people in the world has been around since the early 90s but it wasnt until 2009 that Bitcoin, the first-ever cryptocurrency, was invented.
Since then hundreds of cryptocurrencies have entered the market and blockchain technology has been used for countless applications from international money transfers to voting systems.
With these developments come a lot of questions about how this will impact our daily lives. Will we lose our privacy? Are cryptocurrencies being regulated? What does this mean for companies and startups? Who are these experts talking about blockchain and where can I find them?
This is where we come in! We at Crypto Experts have taken it upon ourselves to find all these experts, understand their ideas and put them into words you and I can understand.
One of the most exciting things about the cryptocurrency space right now is the potential it has to disrupt our current financial system. The blockchain technology on which cryptocurrencies are built is an incredibly powerful tool that can be used to transform many industries and streamline business processes.
The blockchain has been heralded as a revolutionary technology that can do everything from improving supply chain management to completely overhauling the banking industry. The latter is already happening; many banks are exploring how they can use the blockchain to make their systems faster and more secure, including Citigroup and Goldman Sachs. While some experts warn that this could lead to job losses, others see it as a positive development, as it will free up space for people to devote their time to more creative tasks.