The financial system is going through a revolution and the blockchain technology is making cryptocurrency transactions more efficient, more transparent and more global. As investments are on the rise in the world of cryptocurrency, the need for storing has also become eminent.
A cryptocurrency wallet works exactly the way your real bank account works. It stores your digital finances the perfect way.
Morocco join a short list of countries where you can get fined or arrested for using bitcoin.
Gold becomes digital payment option after joining bitcoin
An electronic payment app has been launched by a fintech firm called Glint.
It allows people to pay for goods and services in gold.
Although, Bitcoin does sound like a lucrative option but unlike Ethereum, this cryptocurrency has a cap! There is only a specific number of Bitcoins which can be generated and they are limited to 21 million. Also, the mining process works based on solving complicated math problem every time you are opting to start a new blockchain.
In case of Ethereum things run a bit differently...
On Sunday around 8:00 p.m. London time, it hit a record high of $8,101.91, according to data from industry website CoinDesk
The rally comes on the back of a huge sell-off on Sunday, November 12, where the price of bitcoin fell to around $5,500
That low, to the record high on Sunday, marks a more than 47 percent increase in the cryptocurrency's price