Author: Granit.M

Cryptocurrencies have maintained their position as one of the most profitable investments of the 21st century. Starting with Bitcoin (BTC), cryptocurrencies successfully integrated the concept of decentralization in the market. The main aim of cryptocurrencies was to gradually replace centralized institutions such as banks. However, banks do not offer only transaction services but also other financial services. To replace such services, the Ethereum network came into realization and provided other services through the use of smart contracts. Such services could be launched through Decentralized Applications (DApps) that enable Decentralized Finance (DeFi) services. The idea behind DeFi services was to provide…

Bitcoin (BTC) is the world’s first cryptocurrency that was integrated into the crypto market. What made Bitcoin special was its decentralized blockchain, where each transaction was conducted without the need of a third party. After Bitcoin, more cryptocurrencies were created with the plan of making more services decentralized, such as decentralized finance (DeFi), voting systems, databases, etc. However, despite being the first and most successful cryptocurrency in the world, Bitcoin could not implement these other decentralized services in its network.  A new cryptocurrency named Blockstack was launched to resolve this issue that enabled users to use its smart contracts indirectly…

Interested to Invest in Crypto? Here’s 6 Tips You Should Follow Cryptocurrencies have been around for more than a decade now and many are trying to get familiar with them. Being something fairly new to the world, cryptocurrencies faced a huge backlash back in 2018, when they experienced a bear run after the 2017 bullish cycle. The cryptocurrency market made a huge comeback this year, breaking all kinds of records.  Cryptocurrencies have started serving many different purposes, most of which are beneficial and proved themselves successful. As of today, many international companies – like Tesla and Microsoft – accept cryptocurrencies…

What do the terms “bearish” and “bullish” mean in the cryptocurrency world? Simply put, bearish refers to market pessimism and price declines. Bullish refers to market optimism and price inclines. Why ‘Bear’ and ‘Bull’? Actually, the origin of the terms ‘bearish’ and ‘bullish’ are unknown. However, it is believed that these terms originate from the way that bears and bulls attack. Bears usually swing their paws downward when attacking another animal. Hence, bearish as a term is used for a downsloping curve. Bulls, on the other hand, attack another animal by swinging their horns upwards. Hence, bullish refers to an…