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Are you looking to invest in cryptocurrency? The skyrocketing profits and lack of regulation and government involvement are why it has become a global phenomenon. With so many kinds of cryptocurrencies out there, letâ€™s talk about the five most popular types of cryptocurrencies.
For the first couple of years, Bitcoin had a monopoly over the cryptocurrency market. However, blockchain technology of cryptocurrency is an open-source technology. This means that anyone can make their currency from the existing software.(...)
Bitcoin is a cryptocurrency that came into existence just about a decade ago in 2007 by an unknown creator or creators. It is not issued by the central bank or backed by the government, and neither is it anything like stocks or bonds. Ever since its development, it has seen sharp rises and declines within concise periods making it a very volatile currency.
Since Bitcoin is not affected by inflation rates, economic growth, or monetary policy, it has other factors that influence its value. In this article, we will discuss the factors that influence the value of Bitcoins. < (...)