STAKING: A WAY TO EARN CRYPTOCURRENCIES (2).

How Staking Works. For people who hold cryptocurrencies which operate on proof-of-stake, they hold the option of staking their coins. When individuals stake their coins, they are essentially lending their coins to the network to validate transactions. In exchange for lending your coins and helping validate, the network rewards you with additional coins – effectively allowing you to earn interest. […]

Is the Bitcoin death cross inevitable? If it is what would be the possible outcome.

keywords: Bitcoin, Death cross, Downtrend. No matter your trading style or strategy, your preferences and beliefs of the market. Whether you only use support and resistance for analysis or only fundamentals for your Analysis. The fact remains that the Death cross has been a topic on the minds of professional Cryptocurrency traders recently, most persons are of the opinion that […]

STAKING: A WAY TO EARN CRYPTOCURRENCIES(1).

INTRODUCTIONAll blockchains have one thing in common: transactions need to get validated. Bitcoin for example does this in a process called mining which is known to use a lot of electricity (Proof-of-Work). There are other consensus mechanisms (the method by which a blockchain maintains its integrity.) that are used for validation which include Proof-of-Stake (PoS).Proof of Stake and Staking were […]

Evolution of Cryptocurrency

Cryptocurrencies have been introduced in the 21st century and have since evolved and adapted to the needs of the market and consumer. Currently, cryptocurrency market is worth over 100 billion US dollars, but since its inception the currency has seen major shifts in usage and format.The popularity of cryptocurrencies is on the rise. Countries like China, Tunisia, Venezuela, Senegal, Sweden, […]

A Giant Leap.

The financial world is changing more so with the introduction of Cryptocurrency. A drowning system filled with so many failed transactions has now seen a swift and secured system. Paper is gradually fading out, digital coin the order of the day. Queuing to create accounts is a bye-bye story, now wallets at a click. Bank charges and monthly card maintenance […]

DOGE Broke ATH Against Bitcoin Following a 75% Increase in 2 Days

[4/19, 12:11 PM] blockvila.com: On April 18, the crypto market experienced one of the biggest price corrections it has ever had since the start of 2021. Many assets shed more than 20% of their value within a few hours and over $360 billion was shredded from the total capitalization.[4/19, 12:11 PM] blockvila.com: Bitcoin’s price slumped from its Wednesday all-time high […]

Bitcoin (BTC) Recaptures $60K: Is $70K On the Horizon?

The price of Bitcoin is over $60K for the first time in several weeks. Is more upward movement ahead? Officially, Bitcoin is back up and over the $60K mark after briefly dipping below the line this. BTC originally recaptured $60K after staying in the $50,000s for the better part of a month. BTC horizon, what might be the reason? eToro’s […]

Cross-chain DEX to be deployed on two layer-two solutions on Polkadot

A project says it is going to be the first cross-chain DEX to be deployed on two layer-two solutions on Polkadot — lowering costs and increasing transactions throughput. A new cross-chain automated protocol based on Ethereum and Polkadot says it is using two parachains in its quest to deliver interoperability and layer-two scaling. KwikSwap enables users to swap tokens, create new […]