Blog By Sammy

 Current Litecoin market cap Introduction Litecoin  (LTC) is a popular cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It was designed to be a faster and more efficient alternative to Bitcoin, with fastest transaction times and lower fees. Today, Litecoin is one of the top 10 cryptocurrencies by market capitalization. Litecoin Price Today As of June 1, 2023, the price of Litecoin is USD 172.35. These represents a decrease of 2.3% over the past 24 hours. The current  market  cap of Litecoin is $11.5 billion, with a circulating supply of 66.8 million LTC. LTC to USD Live If you're interested in tracking the live price of  Litecoin  against the US dollar (USD), several websites and apps can help you do so. Some popular options include: - CoinMarketCap - CoinGecko - TradingView [caption id="attachment_350" align="aligncenter" width="300"]  Current Litecoin market cap[/caption] These platforms provide real-time price data a...

 How does  crypto  work? Cryptocurrency: A Brief Introduction Cryptocurrency is a digital currency that uses encryption techniques to secure transactions and control the creation of new units. Advantages of Cryptocurrency Cryptocurrency  is decentralized, which means it is not controlled by any government or financial institution. Transactions are faster and cheaper compared to traditional banking methods. Challenges of Cryptocurrency The biggest concern with  cryptocurrency  is its volatility. It can be risky for investors who are looking to make a profit. Security is also an issue, as digital wallets used to store cryptocurrency can be vulnerable to hacking. The Future of Cryptocurrency Despite its challenges, the future of cryptocurrency looks promising. Many businesses are starting to accept it as a form of payment, and governments are exploring ways to regulate it. Conclusion Cryptocurrency is a fascinating development in the world of finance. While it...

 Cryptocurrency Exchanges Platforms that facilitate the trading of cryptocurrencies for other assets, including digital and fiat currencies What are Cryptocurrency Exchanges? The most common way to start buying and selling cryptocurrencies and other digital assets, is to transact with  Crypto Exchanges . Cryptocurrency exchanges are privately-owned platforms that facilitate the trading of cryptocurrencies for other crypto assets, including digital and fiat currencies and NFTs. Key Highlights The most common way of transacting in cryptocurrencies and other digital assets is via a Cryptocurrency Exchange. There are Centralized and Decentralized  Cryptocurrency  Exchanges, and each offers advantages and disadvantages. Centralized Cryptocurrency Exchanges (“CEX”) Centralized cryptocurrency exchanges act as an intermediary between a buyer and a seller, and makes money through commissions and transaction fees. You can imagine a CEX to be similar to a stock exchange but for...

How is cryptocurrency valued ? Cryptocurrency to rise and fall There are many factors that can affect the price and value of cryptocurrencies, including supply and demand, production cost and more. The more  cryptocurrency  is being used, the greater the demand and the more its value will increase. Along with supply and demand, production cost also determines the price and value of cryptocurrencies. For example, if you own a  Bitcoin (BTC) Price Prediction & Forecast(opens in a new tab)  that only has 100 million coins in circulation but there is a huge demand for it, it will have a high price per coin compared to another cryptocurrency with 10 billion coins in circulation but very little demand. Cryptocurrency prices can be volatile. The value of a cryptocurrency can go up an down, depending on factors such as the number of people using it, the security of the network and the volume of transactions. There are two main factors that affect how much a  cryptoc...

crypto investment - It is possible to get filthy rich by investing in cryptocurrency -- but it is also very possible that you lose all of your money. Investing in crypto assets is risky, but can be a good investment if you do it properly and as part of a diversified portfolio. Cryptocurrency  is a good investment if you want to gain direct exposure to the demand for digital currency. A safer but potentially less lucrative alternative is buying the stocks of companies with exposure to cryptocurrency. Image source: The Motley Fool Let's examine the pros and cons of investing in cryptocurrency. Is  cryptocurrency  safe? Multiple factors show that cryptocurrency is not always a safe investment. All the while, other signs are emerging that cryptocurrency is here to stay. Cryptocurrency risks Cryptocurrency exchanges , more so than stock exchanges, are vulnerable to being hacked and becoming targets of other criminal activity. Security breaches have led to sizable losses for i...

 Bitcoin blockchain Extreme fluctuations in the price of bitcoin often beg the question: Is BTC still worth buying? If you’re not familiar with  Bitcoin , we recently published  Bitcoin, Explained  that shares the basics of Bitcoin and how it works. Here’s a quick recap: Bitcoin is a blockchain network, while bitcoin or BTC is a cryptocurrency. BTC has largest market cap of any cryptocurrency. BTC enables users to access a transparent, borderless and permissionless store of value. With a little more understanding of what it is, here are two common reasons people buy BTC. The blockchain itself As a pioneering blockchain, Bitcoin has a great status among the various blockchains and has never gone down since it launched in 2009. At its core, Bitcoin is a ledger that records and validates transactions using cryptography. This ledger shows which wallets hold bitcoin and how much they hold, without revealing the identity of the wallet hol...