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The Many Types Of Cryptocurrency


Bitcoin has not only been very influential when it comes to being a trendsetter which also ushers in a huge wave of cryptocurrencies, which is also built on a decentralised peer-to-peer network, but also it has been the de facto standard for all kinds of cryptocurrency all around the world. It has constantly inspired and the ever-growing legion of spin-offs and followers alike. Basically what I’m trying to say is that bitcoin has been copied by a lot of people. Before we start talking about the alternatives to bitcoin, we should understand and properly examine what we mean by terms like cryptocurrency and bitcoin.

Cryptocurrency, when we define it broadly, is a digital or virtual money which takes the form of tokens or coins. Some cryptocurrencies have ventured out into the physical world in the form of credit cards or other projects. The majority of it still remains intangible, and it will undoubtedly continue to stay the way it is. What you need to know about cryptocurrency is very simple. It is the distal form of money. It takes the form of coins, and it can be mined. The value of cryptocurrency or bitcoin keeps fluctuating. They have immense value in our world. In a lot of cases, one bitcoin has been worth $10,000. The field of cryptocurrency is always expanding. The next digital coin could be released tomorrow or next week; we could never be sure of it.


Bitcoin is definitely the leader of the entire pack of cryptocurrencies, when it comes to popularity and any kind of market capitalisation. Cryptocurrencies are also designed to be the free of governments manipulation and control.

It is always expanding, and I would like to point out some other popular cryptocurrencies.

  1. Litecoin (LTC) was first launched in the year 2011, and it was also one of the first cryptocurrencies have launched. It is referred to as “silver bitcoins gold” and as of 9 February 2019, it has a gigantic market cap of $2.7 billion.
  2. Ethereum (ETH) was launched in the year 2015, and as of 9 February 2019, it had a market cap of $12.5 billion, which is a gigantic number indeed.
  3. Dash was initially known as dark coin, and it is a very secretive type of bitcoin. It would interest you to know that it offers complete anonymity and it works properly on a decentralised Master Code network which makes all kinds of transactions completely untraceable. It had a market cap of $640 million by February 2019.
  4. Monero (XMR) it’s also a very secure and private on traceable currency, and it is open source. It was launched in the year 2014. By February 2019, it had a market cap of $809 million.


The Future Of Cryptocurrency: What Does It Look Like?


Cryptocurrency has been something that has always commanded a large audience and has shown us ways in which we can make use of the underlying Blockchain functionality which will fully improve the current systems. Cryptocurrency is a market that is currently booming and has been revolutionary when it comes to helping people maintaining an anonymous profile on the Internet. It has been referenced a lot of times, and it can be expected to be huge, even more than it is right now in a few years. Because it has changed a lot ever since it has been invented, we should see that it will definitely affect our lives in ways that we don’t even know yet.

I can give you a very easy example. The online casino market has been booming for a really long time. Cryptocurrency entered the online casino market and changed everything. It became a huge part of the entire process. Cryptocurrency became a form of payment that all of them chose.

So many online casinos have made it certain that they are accepting cryptocurrency and also that they want to make sure that the customers feel safe and secure, because that is what cryptocurrency will do for them.


A lot of people have predicted that the next couple of years will see considerable changes in the entire cryptocurrency market. This would mean that huge investments would take place because of an intense revolutionary step forward. It is also interesting to know that the daily cryptocurrency transactions have been going up every single year, and it clearly indicates a huge growth in a positive way. Moreover, there is a huge possibility that cryptocurrency may get floated on the NASDAQ. It can potentially add further credibility to the entire Blockchain industry.

Lots of people have been saying that in the coming years, we would definitely see a shift in the leading force behind cryptocurrency. If bitcoin opens the vault and lets the mainstream people understand the complexity of cryptocurrency, it will see a cataclysmic change in the very near future.


This kind of cataclysm is definitely sought after.

There are critics of cryptocurrency and its usage as well. These critics cite that the volatility of bitcoin may render the coin worthless in a while. There are cynics everywhere. It is definitely possible that bitcoin may even end up losing its value, if alternatives gain immense value in the market.

There have been many people that predicted that the US economy may end and the crypto would soar. In today’s world, the Americans are enjoying the longest bull run. But nothing exactly lasts forever. Let us give the blockchain and cryptocurrency a chance, shall we?


The Extravagant Future Of Cryptocurrency

Future Of Cryptocurrency

Cryptocurrency is an industry-leading currency that has had significant success for years, and it will be more successful in the future. I have discussed how that is possible.

Almost all industry-leading experts tell us that cryptocurrency is the future, and cryptocurrency will be used for many years to come. The innovations in cryptocurrency will actually influence the future in a substantial level. We have already seen how it has impacted the online casino scene. Most online casinos have now implemented cryptocurrency as a legitimate currency for dealing with cash. I feel that cryptocurrency has been implemented in these online casinos, because of the very fact that it is anonymous, it is secure, it is fast and instantaneous, and it does not take a million years to complete a simple transaction, like most banks. Cryptocurrency has certainly been a boon.

Did you know that cryptocurrency cannot exist without cryptography? Advances in this particular field have been very far achieving, and the impacts and blockchain technology have influenced it in a substantial manner.


The speculation of the price is something that is at the heart of the cryptocurrency market. We should always speculate the price and the cost of the assets, because we should lean towards the driving cryptocurrencies and the ones that have survived this long. The speculative quality has also been at the very heart of the volatility of the entire crypto market. Financial markets actually struggle to figure out what crypto means for a lot of them, but the ones were smart, have started adopting it already. Like I have mentioned, the online casino market has completely adapted cryptocurrency. There are so many bitcoin casinos floating around on the Internet. The year 2020 has been devastating for a lot of people. But, it is not going to bring the crypto market down like how it has calmed a lot of markets. It is very simple why a lot of markets have come down. It’s because the people are confined to their own homes and not able to work, because of the pandemic.

In opposition, the cryptocurrency market is not going to come down, because it is all electronic and can be done from anywhere. Transactions take place on the Internet, and only you can do it. It is your account; only you can access it. There is total anonymity and privacy.


Security is certainly one of the most notable features of cryptocurrency.

If you are looking at most of the ongoing and upcoming trends in cryptocurrencies and cryptocurrency market, just by a conversation with a lot of industry veterans and co-founders of cryptocurrency tracking and software, we can conclude that cryptocurrency has a very bright future. Millions of people, on top of the people that already use it, will adopt it.

The Best Cryptocurrencies to Invest In 2020

Invest In 2020

Cryptocurrencies have managed to bring in the sense of interest as investors are looking into to make suitable investments that reek in returns of the right kind. But to achieve such returns, one needs to make the right investments that take hold of cryptocurrencies known to be the best in the market. So if you are also looking to invest some money into cryptocurrencies, then we have all the tools to help you get started. Hence, continue reading to know more about the best cryptocurrencies to invest in 2020.

1. Bitcoin

Bitcoin has always managed to retain the top spot due to a long list of reasons. The value that it pushes forward is quite hard to compete against, and even the market seems to be agreeing with the same. Thanks to that, Bitcoin has placed itself as a safe investment, and the ones who have already invested understand the benefits it has to offer. Moreover, since organizations and countries have begun to recognize Bitcoin as a mode of payment, things a heading in the proper direction.


2. Litecoin

While Litecoin’s success story might not be as clear as Bitcoin, it has managed to take hold of a position that makes sense. Formed to decode and eliminate the complex nature of cryptocurrencies, Litecoin is a simple investment solution that does bring in returns. As the name suggests, the “lite” version is what they project, and that is precisely what you are going to receive. So making an investment with Litecoin does seem like a safe and hassle-free opportunity to gain returns.

3. Bitcoin Cash

Slow transactions and increased transaction fees have promoted numerous investors to look for another opportunity, and with Bitcoin Cash, they have all they need. As a unique form of solution, Bitcoin Cash works up the charm and leads the way in terms of innovation and problem-free investments. With blocks that can store up to 8MB of data, you can be assured about Bitcoin Cash, and it will always help you out to a great extent. Hence, considering Bitcoin Cash does make sense.

4. Ethereum

If Litecoin was made to make things simple, then Ethereum was made to decentralize things. Yes, that’s right. With the goal to decentralize the internet, Ethereum comes in at the right time to create significant changes and carry forward things in the right manner. As a result, it managed to become a popular venture, and investing money tends to make it all seem like a great idea. Due to that, investment opportunities with Ethereum make sense, and you need to grab hold of the same when the time comes.

Hence, those were the best cryptocurrencies to invest in 2020.

Some Fun Facts About Forex And Trading

Fun Facts

Let me go ahead and inform you about some very fun facts about forex trading. Forex trading is the trade of currencies. For example, you trade the US dollar to the GBP. This trading takes place in the forex trading market or the foreign exchange market. It is the most liquid market in the world which has transactions worth trillions of dollars, every single day. Official currencies all around the world have their own value, and they can be traded back in fourth with the help of money. Money is a currency which can be traded for other currencies. Foreign exchange trading actually dates back to ancient times, and today, it happens to be one of the largest financial markets on the planet.

I can provide you with many more fun facts about forex trading.

Let me get started.

  • Did you know that more than 40% of the transactions in the entire foreign exchange market happens in the United Kingdom? We have London to thank for that.
  • A lot of individuals around the world assume that it is the United States of America which is the centre of all things to do with foreign currency exchange, but they could not be more wrong. It is the United Kingdom that is the hub for forex trading. Only 19% of the transactions take place in the United States of America.
  • As you would guess, the majority of transactions are done online, with the help of the internet. With the advent of advanced technologies, we have become heavily reliant on the internet and all things electrical. I would lives would not be the same, if it weren’t for these devices. The internet makes the world a much smaller place. The internet has suddenly changed everything, including foreign exchange trading and the foreign exchange market. The majority of the transactions take place on the internet, instead of the exchange floor. It is very fun to picture and exchange floor that is really busy, the reality has changed, and it has been moved over to a digital platform. Imagine a crowded floor in the middle of the coronavirus pandemic.


  • Did you know that the US dollar is the most traded currency in the world? Although most of the transactions take place in the United Kingdom, it is the US dollar that is the dominant currency in forex trading. It is also one of the currencies that is included in 80% of all transactions. That means that it accounts to $5 trillion per day.
  • There are more than 10 million traders, all over the globe. As you would guess, some places like Singapore, New York, London, and more have a higher concentration of traders than others. The number of traders has certainly risen over the years, and it continues to grow.


Important Cryptocurrencies That Aren’t Bitcoin


We have all heard about the value of Bitcoin and how it stands to be on the top. By all means, the currency deserves the top spot, and investors need to use all that they find. But there are other cryptocurrencies that should not be forgotten. While they might not bring about a value as equal as Bitcoin, they still hold an essential place in the market. So to acknowledge all that, here are important cryptocurrencies that aren’t Bitcoin.

Ethereum (ETH)

Ethereum was popularly known as the first alternative to Bitcoin, and the currency did manage to attain some of that credibility by enabling Smart Contracts. Moreover, the inclusion of Decentralized Applications (DApps) made things better, and people were introduced to a whole different breed of investing. The different features and elements put forward by Ethereum did make sense for the larger picture, and everyone was able to benefit from the same. As a result, using Ethereum opens the door towards numerous opportunities.



Instant payments taking place on a real-time basis were the mark of Ripple, and it did create a significant change with it. The consensus ledge that it puts forward is unique, and it does not require mining. Thanks to all of that, Ripple has found success and its business model deserves a larger part of the credit. In current times, Ripple is an enticing digital currency that investors can look up to and gain returns that they need the most. So along with Etherum, Ripple also makes an impact, and we need to look further into the same.


Before Ether or Ethereum, the world only knew Litecoin, and it was making an impact for the better. Popularly known as the “lite” version, Litecoin’s model of success involves a different set of principles and aspects. While it may have started as an experiment, it ended up being a critical tool that one can use to their advantage. As a faster version of Bitcoin, Litecoin did make sense, and it provided opportunities that are worth exploring. So remember the name and go about making it all count.


Bitcoin Cash

Bitcoin’s hard fork has always brought about changes, and one among those changes is called Bitcoin Cash. Yes, that’s right. Popularly known as a spinoff, Bitcoin Cash did attain some credibility as it went about making significant improvements that the market loved and took notice of. The platform that it created managed to turn things around, and everyone was able to feel the benefits that it started to provide. Hence, Bitcoin Cash opened its account in the market, and it is a significant cryptocurrency. On that note, we come to the end of important cryptocurrencies that aren’t Bitcoin.

Fascinating Info About Forex


Let me go ahead and tell you all about the fascinating things I know about foreign exchange and the foreign exchange market. Forex is basically a short form for foreign exchange.

What happens in the forex market?

The forex market is a place where you exchange one currency for another. If you want to exchange GBP to the USD, this is where you would do it. Most of the transactions and exchanges of foreign currencies happen on the forex market.

  • China was the first country to make paper money in the world. It happened 1400 years ago.
  • Leading up to the second world war, tea was actually used as a form of currency in Asia. It spanned in China, Mongolia, Central Asia and Tibet.
  • The GBP or the British Pound Sterling is the oldest currency in the world that is still being used today. It is also one of the most valuable currencies in the world.
  • The word dollar actually finds its origin in Eastern Europe. Silver coins were called dollars and used widely in Europe between the 16th and the 19th century.
  • Almost every single trader knows that one Canadian dollar is known as a loonie.
  • The two-dollar Canadian coin is known as a toonie.
  • The Franc dates back very early; it dates back to the 1300s.


  • Did you know that the largest denomination bill ever printed in the United States is $100,000? It was printed in 1934, and the US Bureau of engraving and printing issued $100,000 gold certificate bills for use by the Federal reserve banks so that they can transfer the funds between themselves. It is not available for any kind of public use. It is actually fun to think that the hundred thousand dollars that was printed is way more valuable than the actual value, right now.
  • The bank for international settlements, which is also known as BIS, is owned by the central banks, and it is known as the bank for central banks. That is a mouthful, isn’t it?
  • The forex market is actually open 24 hours a day, five days a week. The take-off on the weekends, for two days.
  • The forex market is also one of the most liquid markets in the world. You can find trillions of dollars in liquid cash, in this market.
  • It is certainly fascinating that the transactions per day can go up to $7 trillion.
  • There are more than 10 million traders in the world, and this number continues to grow.
  • The dollar was officially adopted in the US as a unit of currency, in the year 1785.
  • Did you know that the euro currency actually began to be used electronically in the year 1999, in January?

Decoding Hard Forks and its Involvement With Bitcoin

Hard Forks

If you have been keenly following the world of Bitcoin, then you might have heard about the hard forks. But that does not cover the majority of individuals who are unaware of all that it stands to be. Due to that, we decided to step in and provide a complete take on hard forks and how it affects Bitcoin. So without further ado, let’s go right into the main topic of the moment.

Hard Forks

In simple terms, hard forks are more of a software update for Blockchain’s protocol that changes the way a network operates and thus ends up causing a divergence in the network. But the central aspect of the matter comes into effect when people agree to it. Yes, that’s right. Hard forks occur when the right number of people agree that a change to a blockchain’s protocol is necessary and a requirement. In other instances and methods, this can lead to creating a new and separate chain and a new cryptocurrency.

But it is more like an individual updating the applications on their computer or smartphone. While things seem to be simple, other aspects also come into the picture. For example, successful integration of a hard fork is also possible when a majority of nodes on a network install the new version of a blockchain’s software. This is also similar to phone networks bringing about changes and waiting for confirmation from smartphone manufacturers.

Hard Forks

Hard Forks and the Price of Bitcoin

While the meaning behind hard forks is clear, one also needs to know its impact on Bitcoin. This is a major requirement, and the method through which it carries forward is critical to every investor. The central part of change comes when the network for Bitcoins form into a fork, thus affecting the value causing it to split into the forked chain. Due to that, the assets owned by an individual might fall in value but also due to the fork, the investor makes gains thanks to a corresponding amount of another currency.

Thanks to that, the user can make some profit from the value of the secondary coin, and doing so will definitely bring in the right kind of returns. As a result, forks do have advantages, and it leads up to solving solutions that existed with the original coin. But to get this fork into the picture, numerous formalities will have to be completed, and things should begin to head in a direction that talks about change.


By now, you will be aware of hard forks and how it affects the price of Bitcoin. So the ball is in your court, and you need to be mindful of what to do.

4 Things to Consider When Choosing a Cryptocurrency Exchange

Cryptocurrency Exchange

The one who adapts to the changing conditions is the one who survives. With plenty of advanced options and techniques now available in the world of finance, people are under immense pressure to explore all the available facets to expand their knowledge and related applications. The digital currency wasn’t a concept many people were expecting, causing a sense of fear and skepticism in them when the first cryptocurrency launched. Although millions of users have signed up for the services and are transferring funds in Bitcoin and altcoins, many of them are yet to learn the currency’s new additions and possibilities.

One of the most important tasks to get done when dealing with cryptocurrency is choosing the best exchange. You need to know the various aspects of exchange and the currency to operate your account effectively. Knowing what you want to accomplish is the first step, which you must convey to the providers. Spot exchanges and derivatives are being used by both investors and traders. Once you have determined your objectives, the following things have to be considered seriously.

1.      KYC/AML

The laws are regulations followed by the exchanges depend on the location and related practices. Some exchanges require Know Your Customer and Anti-Money Laundering procedures completed in order to activate your account. Many platforms want the verification completed during the account creation. You may have to provide copies of identification and residence proofs. Make sure to look into the requirements of the exchange before signing up.


2.      Reputation

The most important aspect to check is the quality of services provided by the platform. It is always the reputation that counts when narrowing down from the long list of options. To ensure that you choose the right exchange, you have to check for reviews of previous users and existing users. Researching all the available exchanges will help you gain a better understanding of the working of the system. Social media and simple Google searches can provide you with ample information regarding the functions of the platform.

3.      Security

Every exchange will have a certain security method that they choose based on the type of currency traded and the location. The method may be chosen by the exchange, depending on the requirements. Ensure that the exchange offers two-factor authentication, which is the current security standard every platform must pertain to. Plenty of other security measures may also be embedded in the system; you can check through these features with some time and effort put into it.


4.      Payment Methods

When choosing an exchange, you must also look for the various payment methods provided on the platform. Skip an exchange if it has limited payment options. Check through all the offers and ensure the presence of methods such as PayPal, debit card, credit card, wire transfer, and direct bank transfer. Wire transfer will always take longer than the other methods, and credit card transactions will require identity verification. So, make a wise decision when choosing a platform based on the payment methods offered.

The Ultimate List of Bitcoin and Altcoin Forks

Altcoin Forks

Cryptocurrency is looked upon as a new idea even today in the less developed countries, but the advantage they have over the other users is the access to advanced features. Although the old sign-ups have been in the market and extracting benefits for quite some time now, they have had to witness multiple failures and falls over the years. On the other hand, every new user has a larger amount of information to refer to for future decisions. It is highly unlikely for anyone to start using cryptocurrency and end it right away because the features and convenience it offers are too good to be denied.

Bitcoin and altcoins have developed a decent reputation over the years, so much so that even the new launches leave a significant mark. Forks are the new-age developmental sign of the world of cryptocurrency, and they have created a separate wave of innovations in the industry. Let us look at the concept of forks and the different types in detail.

What are Forks?

A single blockchain that diverges into two paths is known as a ‘fork,’ and it is often a result of the change happening in the network’s protocol. In the aforementioned process of transformation, the blockchain effectively splits into two different sets of procedures.

Forks are categorized as soft forks and hard forks. The latter occurs as a result of the extensive changes in the network, where the nodes upgrade themselves to be compatible with the relatively new processes. Almost every change brought in by the hard fork’s functioning is radical, and it often turns out to be a drastic turn in the operation of the blockchain. Nodes that do not upgrade their software will always be on a different blockchain due to this change.

On the other hand, a soft fork is a backward-compatible software update that may not offer you the luxury of enjoying both the old and new versions. However, the old software’s nodes can validate transactions through safe methods. The most attractive feature of soft forks is that they are less dramatic than hard forks in terms of their operation.


List of Bitcoin Forks

  1. Litecoin
  • Junkcoin (JKC)
  • Monacoin (MONA)
  • LitecoinCash (LCC)
  • Einsteinium (EMC2)
  • Feathercoin (FTC)
  • CloakCoin (CLOAK)
  1. Bitcoin Cash (BCH)
  1. Dash (DASH)
  • Blocknet (BLOCK)
  1. Bitcoin Gold (BTG)
  2. Zcash (ZEC)
  • Zclassic (ZCL)
  • Bitcoin Private (BTCP)
  • ZenCash (ZEN)
  • Komodo (KMD)
  1. Qtum (QTUM)
  1. Bitcoin Diamond (BCD)
  1. Peercoin (PPC)
  • Novacoin (NVC)
  • Blackcoin (BLK)
  • Stratis (STRAT)
  • Greencoin (GRE)
  • Vertcoin (VTC)
  • BitcoinDark (BTCD)
  • Hshare (HSR)
  • Nexus (NXS)
  1. Decred (DCR)
  1. DigiByte (DGB)
  1. Syscoin (SYS)
  1. Reddcoin (RDD)
  1. Elastos (ELA)
  1. Emercoin (EMC)
  1. Groestlcoin (GRS)
  1. NavCoin (NAV)
  1. Viacoin (VIA)

List of Ethereum Forks

  • Ethereum Classic
  • Wanchain
  • Ubiq

Ethereum Forks

List of Ripple Forks

  • Stellar

List of Monero Forks

  • Electroneum
  • Monero original
  • Monero classic

List of Bytecoin Forks

  • DigitalNote

Bytecoin Forks

List of NXT Forks

  • NEM
  • Ardor
  • Burst

List of Lisk Forks

  • Ark

List if Zcoin Forks

  • SmartCash


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