The BTC (Bitcoin) was on the top of the list, the king coin was not the crypto posting the top price hike in the year 2019.
Litecoin registered a growth of 217% from January 2019 to May.
The market cap of the coin was considered to be $5.64 billion as the trading volume was reported to be $6.27 billion.
In the last week, LTC grew by 18.78% and a massive 15% in the last day.
Bitcoin, major coins reported a 104.44% from January 2019 to May.
BTC is the largest cryptocurrency with the cross of its recent mark of $7k as with market cap of $130 billion, at press time.
One of the wisest decisions you could make with your budget is to spend it on what could potentially give you back more money.
One of the most popular investments in recent years is cryptocurrency or crypto for short.What is crypto and how do you earn from being part of its ecosystem?
Please take note that this is just a simplified introduction to all crypto-related topics.
The network shares a copy of a ledger to every node managed by an individual called a miner.
Despite this name, many of them don’t plan on competing with the one known as the most successful crypto of all time.
Spreading your funds onto different investments can help you continuously gain profit instead of enduring a short time when values drop.
The pair of BTC/USD broke the $4,400 and $4,700 levels of resistance or conflict to start a solid rising move.
There was a close resistance over the $4,200 and the hundred-day moving average.
The bulls pushed the price over the 50% Fib retracement level of the previous major failure from the $6,560 high to $3,115 low.
Now it is trading fit above 76.4% Fib retracement level of the main decline from the high to low $6,562-$3,115.
These are positive signs, proposing more gains above the $5,900 level.
So, there are chances of a strong bearish reaction from $6,100, $6,500 or $6,800 in the future upcoming days.
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As a newbie in the cryptocurrency space, it’s normal for you to get confused of the difference between coins and tokens.
In most cases, you’ll see these two terms often used interchangeably in cryptocurrency platforms and blogs.
Asides from being a currency, a crypto coin is a means of exchange as well as a means of saving passively.
Some features common to most crypto coins include;They are primarily decentralized entitiesThey depend on a blockchainThey follow the cryptocurrency graph system.You can use crypto coins in many ways.
In most cases, you can even liken a coin to the regular money you have, as you can use it to pay for items.
Some ways to use crypto coins include;Money TransfereCommerceSavingsToken building (Ethereum)Making network decisions (Dash)What is a Crypto Token?The primary difference between crypto coins and tokens is the blockchain difference.
You have to do your own part of analysis before considering these countries as a location for your crypto exchange operations.
Last year, the biggest crypto exchange Binance had relocated to this country.
The US government has been on the mixed state towards the cryptocurrency since 2013, then it proposed some positive signs on the development of cryptocurrency.
It stated bitcoins not as the legal currency but can be used as a money value business and it can be approved as the property.
The US millennials are very fond of this currency and continue to invest in various formats of business.
It mainly focuses on people’s security so it had officially regulated 30+ crypto exchanges and 200+ companies had already registered for a license to operate bitcoin/cryptocurrency exchanges.
