Cryptocurrency, Bitcoin, and Blockchain, the three most used words by anyone who gets introduced to the crypto world. These are just more popular than others, but there are other terms one needs to know to get well-versed in the world of crypto. Most importantly, understanding the industry terminologies would help the investors to make informed investment decisions and learn the prospects of the industry.
Specific terminologies are highly unique to the digital currency, making it unlikely that traders would not have come across when they are dealing with stocks, bonds, and commodities.
This blog will guide us in exploring more…
Bitcoin, the pre-eminent cryptocurrency created using blockchain technology, came into existence in 2009. Since then, there has been a lot of speculation, threats, and mystery around it and its creator under the pseudonym Satoshi Nakamoto.
One of the most exciting things is that Bitcoin was designed as an alternative to fiat currency, boasting several unique characteristics, such as its finite supply. So, the idea of cryptocurrency doesn’t stop just as a viral phenomenon; Bitcoin challenged the way modern society looks at global finance and banking.
At the time of writing, the price of Bitcoin stands at $9,916.65, and it is…
On 04 March 2020, India’s Supreme Court quashed the RBI ban against cryptocurrency trade. As the apex court rules in favor of cryptocurrency — RBI lifted the unprecedented two-year ban that restricted all its banks from providing banking services to any crypto exchanges.
To put it simply, Indians are legally allowed to trade on bitcoin and other cryptocurrencies on trade exchanges in the INR.
On 05 March 2020, South Korea’s National Assembly passed one of the world’s first legislation for cryptocurrencies and crypto exchanges. There could be no better news than this for the crypto community around the world.
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