CoinfinityX – Learn how to read crypto charts, what market cap means, how Ethereum works, Bitcoin vs Ethereum, DeFi, NFTs and blockchain trends in one place.
Cryptocurrency provides users with the means to move digital assets from one blockchain network to another, frequently without the need to use the conventional payment system. However, useful features can also open up opportunities for fraud with crypto. Some crypto…
Traders can have exposure to crypto prices without being subjected to the spot market. Some traders acquire derivatives that enable them to speculate on the price of an asset without having to own the cryptocurrency. Probably the most popular form…
Bitcoin has a maximum supply of 21 million coins, but they do not all enter circulation at once. Rather, new BTC is emitted over time via mining and approximately every four years, the amount of new Bitcoin rewarded to miners…
Unlike a traditional blockchain, Bitcoin and Ethereum don’t require a bank or central authority to determine which transactions are valid. So, what makes it possible for thousands of computers worldwide to maintain the same history of the transactions and for…
Crypto markets can move from extreme optimism to deep pessimism surprisingly quickly. Prices rise, more investors enter, excitement builds, and predictions become increasingly optimistic. Then momentum can weaken, prices fall, and the same market can become dominated by fear. These…
Crypto airdrops are a way blockchain projects distribute tokens to specific wallet addresses, usually without any obligation to purchase the tokens. There are projects that have been rewarding the early users that interacted with a protocol before the token was…
Your computer receives a message saying your cryptocurrency exchange account has been hacked. The message appears to be official, complete with the exchange’s logo, and it tells you that you have only a limited amount of time to protect your…
Sending cryptocurrency may seem effortless. You type an address, select a quantity, and confirm the transaction. However, the blockchain has to do some computation work before the transaction is added to the chain. All of that work does not come…
Banks are not suddenly interested in stablecoins because they have developed an appetite for crypto speculation. Their interest is much more practical. While some of the fundamentals that underpin the traditional payment system are starting to be brought into question,…
DeFi always provides a compromise; it offers users direct access to trading, lending, borrowing, providing liquidity, and other financial services, while not using traditional middlemen. The elimination of middlemen however, increases the responsibility of the code, infrastructure, governance system and…