In the dynamic and often volatile landscape of the cryptocurrency market, a concerning trend has emerged, celebrity crypto pump and dump schemes. This article delves into the unsettling phenomenon where influential figures exploit their status to manipulate digital asset prices. While the fear of missing out (FOMO) has long been …
Read More »Did Jim Cramer just tank Bitcoin?
The cryptoverse is swirling like a digital vortex today, with Bitcoin taking a nosedive and whispers of “Cramer” echoing through the blockchain. Did Mad Money’s resident firebrand just accidentally (or maybe not so accidentally) light the fuse on the world’s most famous cryptocurrency? Buckle up, folks, because we’re about to …
Read More »Is Binance on track to become the next FTX? Unveiling potential similarities and red flags
The recent legal conviction of the founder of FTX ought to have acted as a clear signal for all individuals involved or contemplating involvement in cryptocurrency investments. Yet, as of October 2023, Binance stands as the world’s largest cryptocurrency exchange, boasting 90 million customers and managing assets totalling $72 billion. …
Read More »Pump and dump: How to recognise and avoid these schemes
As the year comes to a close and the 60 days of January fast approach, the allure of quick profits can sometimes cloud investors’ judgement, making them susceptible to nefarious practices such as pump and dump schemes. These manipulative tactics involve artificially inflating the price of a cryptocurrency through orchestrated …
Read More »CBDC and Bitcoin downsides
CBDC and Bitcoin are digital currencies that serve as a means of facilitating trade, commerce, and economic transactions by providing a standardised form of payment for goods, services, and debts. While CBDC and Bitcoin share the digital realm, they represent fundamentally different concepts and serve distinct purposes. Central Bank Digital …
Read More »CBDCs vs Bitcoin: Unravelling the future of digital currencies
As the world witnesses a paradigm shift in the way we transact and store value, two prominent players have emerged on the digital currency frontier: Central Bank Digital Currencies (CBDCs) and Bitcoin. While both share the digital realm, they represent fundamentally different concepts and serve distinct purposes. CBDCs, being government-backed …
Read More »Currency: Definition and its future evolution
The definition of a currency can be broadly described as a medium of exchange that is widely accepted and recognised as a store of value and unit of account in a specific geographic region or among a group of people. Currencies serve as a means of facilitating trade, commerce, and …
Read More »Crypto investing for retirement: Is it a viable option?
Retirement planning is a critical aspect of financial management. In this article, we will explore the viability of crypto investing as a retirement option, the benefits it offers, the risks involved, and strategies to effectively manage your bitcoin account. Traditionally, individuals have relied on stocks, bonds, and other traditional investment …
Read More »Cold Wallet ELLIPAL Titan Mini is ultimately cool and secure
The new cold wallet, ELLIPAL Titan Mini, from marked hardware wallet company ELLIPAL was launched in October 2022. It’s air-gapped and fully metal sealed design were created to keep users’ cryptocurrency secure from both online and offline threats, which is marketed as “the most portable, easy-to-use, and secure hardware wallet …
Read More »Cryptocurrency, should you invest in 2022?
Cryptocurrency had a roller coaster year in 2018, Bitcoin the largest and most popular Cryptocurrency is used as a benchmark of market conditions and trends. Bitcoin, reached a peak of $19,500 between December 2017 to January 2018 after that what seemed like a free fall ...
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