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The end of the Australian financial year is right around the corner. When it comes to a close on the 30th of June, you will have to busy yourself preparing tax returns, so you can lodge it before the deadline, which is on the 31st of October. As you probably already know, cryptocurrencies have taken the country by storm. A lot of Australians want a piece of the action. While it most certainly has attracted tons of investors and traders,...
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Today, one does not have to be an economist or a currency enthusiast to be aware of all the buzz surrounding Bitcoin (BTC) and Bitcoin Cash (BCH). Bitcoin has become a trending topic of discussion online from all the news outlets and social media posts revealing it to the world. However, despite all this talk, it can still be difficult to wrap one’s head around the concept of the Bitcoin system. It is a technical virtual economy concept, after all....
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What Is Ripple and XRP The hype surrounding cryptocurrency has increased dramatically over the past few years. With mainstream media finally catching up, more and more individuals and financial institutions have become drawn to and have started investing in digital currencies. When you ask anyone about cryptocurrency, Bitcoin is probably what most people will associate it with. But it is definitely not the only one you should know about. Take Ripple, for instance. Though a lot would argue that it...
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When cryptocurrency started to gain momentum not too long ago, the curiosity surrounding Initial Coin Offerings (ICOs) also thickened. ICOs have been a fertile ground not only for start-up businesses to thrive but also for buyers to invest in audacious yet promising projects. Before you start thinking about taking part in an ICO, it is important for you to first be familiarised with what it is and how it works. What is an ICO? An initial Coin Offering is a...
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Getting to Know Litecoin In recent years, cryptocurrency has become nothing short of a global phenomenon. The advantages of a decentralised network where people can securely transact in just a few seconds have appealed to investors all over the world, and merchants have flocked and started to adopt this technology. The magic of cryptocurrency paved the way for more people to create more altcoins. More and more digital currencies are being introduced in the market, and one of them is...
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Altcoins and Tokens: Which Is Which? Cryptocurrency swept the world off its feet when it was launched. Many people were quick to do their research and invest in it, anticipating that digital currencies would someday become widely accepted throughout the world. They predicted right, and today, we find that cryptocurrency can be a very interesting investment. Altcoins and Tokens Cryptocurrencies are digital currencies that are not controlled by a central authority. Their decentralised nature is due to blockchain technology, which...
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As the old saying goes, money is the root of all evil. However, like most things in this world, everything has a good side and a bad side. It is often in the hands of humans whether to use something for good or for bad. The same goes for the emerging cryptocurrency Bitcoin. It has grown in popularity and use since 2014 as more major retailers adopt virtual currency. While Bitcoin offers a more secure and convenient way to conduct...
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Bitcoin has undoubtedly created a buzz all over the world. In the advent of cryptocurrency literacy, more and more people have gone crazy over buying and selling Bitcoins. But with this buzz comes more digital currencies that stood in their own niches. Litecoin is one of them. The use of Litecoin and its blockchain technology is very similar to Bitcoin’s. However, Litecoin was made for faster and cheaper transactions. As BTC experienced drastic changes in price, so did Litecoin. Specifically...
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There is no doubt about the success of Bitcoin around the world. Since it started booming, a lot of people grew more curious and wanted to find out what the buzz was all about. Bitcoin did not only penetrate the financial market and the entire web, but also disrupted them. It is now bigger than just a blockchain technology. It created a niche of its own. It continues to live and enable its users to manipulate and grow their assets....
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Have you ever heard of the name Satoshi Nakamoto? If you have, then you must be one of the many avid players in the cryptocurrency world. They say he/she/it is (or they are) the one who’s behind Bitcoin and its formulation. It’s amazing to talk about a name that sounds like a real person but is actually just coined for an unknown identity. And even when Bitcoin started booming all over the world, the real person or people behind the...
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