What is Ethereum? Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a Turing-complete virtual machine, meaning that it can run any program that is computationally feasible. Why Wrap Ethereum? There are a few key reasons why you […]
What Is A Satoshi Bitcoin
What is a Satoshi? A Satoshi is the smallest fraction of a Bitcoin that can currently be sent: 0.00000001 BTC. The name “Satoshi” is derived from the creator of Bitcoin, Satoshi Nakamoto. When Bitcoin was first created, the reward for mining a block was 50 BTC. This reward halves every 210,000 blocks (approximately 4 years). […]
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What Time Does Crypto Dip
Cryptocurrencies are known for their volatility, and while there are many factors that can contribute to price fluctuations, one of the most common is the time of day. Generally, crypto prices dip in the early morning hours, before starting to rise again in the afternoon. This pattern has been observed in both the US and […]
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What Does Ethereum Burn Mean
What Does Ethereum Burn Mean? Ethereum burn is an event that happens when someone sends Ethereum tokens to an address that has been designated for destruction. The tokens are permanently removed from the Ethereum blockchain and the person who sent them receives a receipt for the burn. The purpose of Ethereum burn is to reduce […]
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Why Are They Called Meme Stocks
Meme stocks are stocks that are often-discussed and controversial topics on the internet. Meme stocks are typically those that are over-valued or those that have a large following on the internet. One example of a meme stock is Tesla. Tesla is a company that manufactures electric cars and is often discussed on the internet. Tesla […]
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Why Did Sec Decline Bitcoin Etf
On March 10, 2018, the U.S. Securities and Exchange Commission (SEC) announced that it had declined a proposal from the Winklevoss twins to list a bitcoin exchange-traded fund (ETF) on the Bats BZX Exchange. The decision was not a surprise to the cryptocurrency community, as the SEC had previously stated that it was uncomfortable with […]
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What Does Burning Coins Mean In Crypto
In the cryptocurrency world, “burning coins” is a term used to describe the act of sending coins to an address from which they will never be recovered. This is often done as a way to reduce the total supply of a particular cryptocurrency. When a user sends coins to an address that is classified as […]
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Who Owns Elongate Crypto
Who Owns Elongate Crypto? The answer to this question is not as straightforward as one might think. Elongate Crypto is a decentralized digital currency, meaning that it is not controlled by any single entity. This makes it difficult to determine who actually owns it. However, there are a few entities that have a significant stake […]
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Why Does Bitcoin Go Up And Down
Bitcoin is digital money that is not tied to any country or government. It is used to buy things and to pay for services online. Bitcoin is created through a process called “mining.” Miners are people who use special software to solve mathematical problems and are rewarded with bitcoins for their efforts. Bitcoin’s value is […]
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What Time Of Day Is Bitcoin Highest
Bitcoin is a digital currency that exists solely in the online world. Unlike traditional currencies, Bitcoin is not regulated by a central bank. Instead, the Bitcoin network is maintained by a global community of miners who use their computers to verify transactions. Bitcoin’s value is determined by supply and demand. Like other commodities, the price […]
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