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2021 has seen booms throughout cryptocurrency fields, with currencies like Bitcoin experiencing a whopping 500% boom. XRP, the currency founded by Ripple Labs, is one of the most popular cryptocurrencies today, with 1,353,784 transactions in the last 24 hours.
Despite quite a long lifespan, cryptocurrencies still remain a subject of concern for some people. Due to their decentralized nature and distributed ledger technology, mass opinions vary. But what do they stand against? The stock markets.
Bitcoin is continuing its brilliant run of form in 2021, breaking new records with the prospect of breaking even more. One of the prospects, which many investors and enthusiasts would love, would be seeing Bitcoin trade at $75k.
April is a month that comes with many possibilities in cryptocurrency. Coin holders, miners, and even government departments could experience the new wave of changes in the sector.
2017 was the year smart contract platforms and the blockchain ecosystem started to challenge digital conventions. The same year constituted the ‘gold rush’ in terms of platform development, facilitated by ICO’s emergence in a highly unregulated market.
Widespread media coverage of Bitcoin and other cryptocurrencies has opened the floodgates, inspiring investors to take a chance to get rich fast through what seems to be an easy investment.
As cryptocurrencies and blockchain technology are still in their infancy, it is understandable why there is a dearth of information about them available for children.
Cryptocurrencies are growing at break-neck speeds, in terms of both applicability and market capitalization, with the latter almost reaching a record high of $2 trillion.