A cryptocurrency is a form of money whose value overshoots the value of many traditional forms of currency. Cryptocurrencies invention dates back to 2008 when Bitcoin, the first Cryptocurrency, was created by a person named Satoshi Nakamoto.
Bitcoin (the first Cryptocurrency) was almost entirely worthless at the time of its creation; in-fact, someone referred to in the crypto trading world as “the pizza guy” traded ten thousand units of Bitcoin for Pizza at that time. Like most people, the Pizza guy wasn’t stupid enough to recognize the value of the currency and trade it off at that time; he was short-sighted about the future holdings [...]
One of the most outstanding properties of cryptocurrency lies in its decentralization. Decentralizing is a way of involving all the members of a crypto network in the decision-making process of the network.
A decentralized Bitcoin exchange network means that the critical decisions are made by all network participants, and not a separate central authority. The advantages embedded within a decentralized network are numerous, as this form of exchange holds many [...]
Revolut is now a digital bank, they have come along way since they started back in 2015 as a cheap travel card providing an exchange of sorts.
Revolut is a digital banking startup that hopes to revolutionize how global citizens access and interact with banks. It seeks to change how you send and receive money locally and internationally, how you manage your deposits, your international travels, and the security around your deposits as well as your exposure to advanced aspects of the financial industry like cryptocurrencies. According to the company, Revolut sets itself apart from conventional banking industry operatives by guaranteeing [...]
Algorithmic trading schemes. The are widely used in traditional trading. Firstly starting in the 70s & 80s. Stock markets integrate automated digital tools. Thus to facilitate the traders’ experience.
Thus, today, 90% of stock trades are algo based, according to JPMorgan. It’s obvious. Machines are way better in monitoring rates 24/7 and making swift deals. You know, reaction matters.
But what about the crypto space? Being even more dynamic. Indeed never stopping traditional exchanges. Inherently, this industry faces a number of concerns related to automation.
What are the reasons? How does algo trading work? How for cryptocurrency? What are the [...]