In 2021, the market for so-called “Meme coins” experienced exponential growth, particularly dog-themed “meme” coins. Since November 2021, two of the most popular breeds of “meme coins” have been DOGE and its competitor Shiba Inu (SHIB). Meme coins are essentially cryptocurrencies inspired by memes. Compared to major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), […]
Examples of bad investments, e.g. Meme coins Read More »
Decentralized Finance (DeFi) is at the forefront of blockchain innovation. What makes DeFi applications unique? You don’t need any permission to use them, which means that anyone (or anything, such as a smart contract) with an internet connection and a supported wallet can “interact” with them. Additionally, they typically don’t require a trusted third party
Cryptocurrencies have been experiencing growing popularity and widespread adoption since 2019, both in the United States and around the world. Last November, the global market capitalization of cryptocurrencies exceeded 3 trillion US dollars. Approximately 17 percent of Americans have already invested in, are investing in, or regularly trade cryptocurrencies. These 17 percent amount to approximately
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Before we deal with the various ways of earning in the crypto world, we need to learn what cryptocurrencies actually are, how they work, and how they are created. A cryptocurrency, or crypto for short, is a digital asset that can circulate without the need for a central monetary authority, such as a government or
How to get money in euros without actually selling cryptocurrency? Read More »
