Crypto Currency

How to Select a Cryptocurrency to Trade

Cryptocurrencies are valued by investors because they are a new technology capable of transformation, as well as being a store of value – attributes that have seen several cryptocurrencies soar in value since inception. That said, cryptocurrencies have also been used to enable fraud, scams, and theft.

There are thousands of cryptocurrencies in existence.

While many of these cryptos have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and investors. In any case, investors are always on the look-out for a cryptocurrency that will provide a good return on investment.

Here are

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Bitcoin slumps as China bans all cryptocurrency transactions | Crypto News

China has delivered its toughest blow yet to the crypto industry by declaring that all crypto-related transactions will be considered illicit – including services provided to offshore exchanges.

China banned all crypto transactions and vowed to root out mining of digital assets, delivering the toughest blow yet to the industry.

Crypto-related transactions will be considered illicit financial activity, including services provided by off-shore exchanges, the People’s Bank of China said on its website. It added that cryptocurrencies, including Bitcoin and Tether, are not fiat currency and cannot be circulated.

Bitcoin slumped in the wake of the announcement, falling 8% to

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Tools you need to become a professional cryptocurrency trader

Trading in cryptocurrency is risky and lucrative at the same time. The market is very volatile and can successfully make or break a millionaire within the space of minutes.

However, regardless of how difficult the market is, with the right knowledge, information, and most importantly with the right tools, you can safely manage the risk and make the best out of the market.

In this piece we have tried to compile seven important tools beginners need to become professional crypto traders, these tools are also used by experts whenever they are trading to manage their risk.

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How to Invest in Cryptocurrency in Six Easy Steps

Cryptocurrencies have emerged as an asset class that provides you with a chance to invest and earn substantial returns. Despite the lack of government backing, this asset class, has garnered massive popularity in recent years. The probability of handsome returns over a short period has propelled investors to jump onto the crypto bandwagon. Here are steps that will enable you to trade in these digital currencies.

Step 1: Select Right Crypto Exchange
Due to the absence of crypto regulation in India, there is no fixed structure or uniformity to trading in cryptocurrency. But with the help of the crypto exchanges’

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Why China’s bitcoin miners are moving to Texas

“The migration benefits the US in terms of talent acquisition and furthering the innovation ecosystem,” says Kevin Desouza, a business professor at the Queensland University of Technology who has done research on China’s digital currency policy. In return, the bitcoin miners get access to a thriving and innovative community, as well as more diverse sources of capital, according to Prof Desouza.

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Cryptocurrencies, Digital Dollars, and the Future of Money

Introduction

In the span of a few years, cryptocurrencies have grown from digital novelties to trillion-dollar technologies with the potential to disrupt the global financial system. Bitcoin and hundreds of other cryptocurrencies are increasingly held as investments, and they are used to buy everything from software to real estate to illegal drugs.

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To proponents, cryptocurrencies are a democratizing force, wresting the power of money creation and control from central banks and Wall Street. Critics, however, say the new technology is wildly unregulated

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Why crypto is booming in Nigeria despite govt ban |

It is no news that crypto is a big deal in Nigeria. Nigeria is one of the leading countries in the world when it comes to crypto adoption. A lot of people don’t want to miss out on the opportunities that cryptocurrency offers. This makes the number of people looking to buy bitcoin in Nigeria very high. The adoption keeps growing day by day despite the ambiguous legal status of digital assets in the country.

Nigeria doesn’t have a law that governs cryptocurrency yet, however, earlier this year, the Central Bank of Nigeria (CBN) released a statement that appeared to

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That time cryptocurrency proved people will buy anything | Crypto

In his regular column, veteran journalist A. Craig Copetas asks if Bitcoin, Ethereum and Dogecoin are the modern-day equivalents of sneezing powder and whoopee cushions.

Samuel Soren Adams reckoned it was time to stop hustling in a New Jersey pool hall. So he put down his billiard cue and in 1905 took a job selling coal-tar soap.

“Dad noticed distilled coal tar possessed a tremendously high sneeze potential,” his son Bud recounted thirty years before the iPhone “Sneeze App” arrived on the scene. “So for fun, dad squirted the powder through hotel-room keyholes and inside cafes.”

The elder Adams

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Inside the cult of crypto

Chris DeRose was noodling away on the internet when he stumbled over an intriguing post on Slashdot, a forum for extremely online hyper-geeks like himself.

“How’s this for a disruptive technology,” a user wrote on July 11 2010, enthusiastically describing a decentralised, peer-to-peer digital currency with no central bank, no transaction fees and beyond the reach of any government. Using computers to solve cryptographic puzzles would earn people “bitcoins”.

DeRose was intrigued yet unconvinced by the concept. The young Floridian programmer struggled to see what utility it might serve. Many others on the forum were also sceptical. “Hey thanks for

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