Latest Podcast Episodes

Recent Podcast Episodes

  • Jeff Kirdeikis headshot

    Episode 43. Get paid for your crypto content on Uptrennd

    We had the honor of interviewing Jeff Kirdeikis and learning more about all of the amazing projects he is working on, especially Uptrennd where you can get paid for your crypto content.  Learn more about Uptrennd at https://www.uptrennd.com/ Watch the video here: https://www.youtube.com/watch?v=NpnQEPIUao8&feature=youtu.be *Disclaimer. None of this information is financial advice. iTunes Google Play Stitcher Spotify

  • Crypto Community Building

    Episode 42. Crypto Community Building: From 0 to 1 Million Monthly Visitors

    Jeevan Thomas with AMBCrypto join us to talk about Crypto Community Building and how he brought his website from 0 to 1 million monthly visitors.  *Disclaimer. None of this information is financial advice. iTunes Google Play Stitcher Spotify

  • Delivering education, news, and job opportunities in blockchain

    Episode 41. Delivering education, news, and job opportunities in blockchain

    Edward Maggio with Business Blockchain HQ has a great conversation with us about his team is delivering education, news, and job opportunities in Blockchain. *Disclaimer. None of this information is financial advice. iTunes Google Play Stitcher Spotify

  • International Partnerships in Blockchain

    Episode 40. International Partnerships in Blockchain

    Colton Moffitt with Blockchain Partnerships and Pendulum Insight joins us to discuss how he is helping to create international partnerships in blockchain.  I was on Colton’s podcast as well. You can find that interview here. *Disclaimer. None of this information is financial advice. iTunes Google Play Stitcher Spotify

Recent Blog Posts

  • Weekly Update 5.3.19

    Actual BTC volume much lower than advertised

    By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor Bitcoin market overview The basis for this overview is primarily derived from the recent Bitwise presentation for the United States Securities and Exchange Commission in which the firm addressed several of the oft-cited concerns of the commission in regards to approval of a Bitcoin ETF. The reason […]

  • Weekly Update 4.24.19

    This Week In Crypto: Financialization of Crypto

    By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 1%, bringing the market cap to just above USD 175 bn. Bitcoin rose by 5%, while Ethereum saw a negligible decline over the week. Recently the number of on-chain transactions reached a volume not seen since late 2017. The […]

  • Weekly Update 4.10.19

    Diminishing and increasing exposure

    By Jacob Pouncey | Saxo Bank Analyst | Crypto Current Contributor This week the entire crypto market cap rose by 4.5%, bringing the market cap to just above USD 180 bn. Bitcoin and Ethereum rose by 5.5% and 7% respectively. CME reported record volumes last Thursday with a notational value of 112,700 BTC or USD 546 mn. China looks […]

  • Cryptocurrency Trading What Are the Most Popular Strategies

    Cryptocurrency Trading: What Are the Most Popular Strategies?

    By Mary Ann Callahan The crypto market is nothing like other financial markets, as its volatility is way higher. Ups and downs happen overnight, and we need to act quickly in order to reap the benefits and consider our trade successful. Therefore, it is necessary that you obtain specific strategies which would help you in […]

FAQ

A digital or virtual currency that uses cryptography for security.

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Satoshi Nakamoto, an unknown software developer who proposed bitcoin in 2008 by using mathematical proof as an electronic payment system. Satoshi created bitcoin as a response to the financial crisis of 2008.  

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No. You can spend as much as you want (as little as $5).

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Bitcoin acts under the same circumstances as any other currency, meaning Bitcoin can be used theoretically anywhere that accepts Bitcoin as a proper exchange of value. While stores are slowly adopting Bitcoin, here are some places you can use your Bitcoin on the internet:

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  • Bitcoin is a digital form of currency and differentiates from your average currency and some altcoins in these  5 major ways:
    • Decentralization
      • No single entity controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world called nodes.
    • Limited Supply
      • Fiat currencies (dollars, euros, yen, etc.) have an unlimited supply – central banks can issue as many as they want, and can attempt to manipulate a currency’s value relative to others. With bitcoin, on the other hand, the supply is tightly controlled by the underlying algorithm. A small number of new bitcoins are distributed into the blockchain network every hour, and will continue to do so at a diminishing rate until a maximum of 21 million Bitcoins has been reached.
    • Partial Anonymity
      • Since there is no central “validator,” users do not need to identify themselves when sending bitcoin to another user. When a transaction request is submitted, the protocol checks all previous transactions to confirm that the sender has the necessary bitcoin as well as the authority to send them. The system does not need to know his or her identity. With that being said when buying Bitcoin from an exchange most require that you reveal your identity and keeps record of whatever bitcoin you buy or sell.
    • Immutability
      • Bitcoin transactions cannot be reversed, unlike electronic fiat transactions. This is because there is no central person in charge of the transaction that can return the money.
    • Divisibility
      • The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001).

 

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Due to Bitcoin being open source, anyone can take the code and edit it to create a different coin than Bitcoin creating an Altcoin. An altcoin is basically any coin that “forked” away from Bitcoin, some prime examples being Ethereum, Litecoin, and Ripple.

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“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.” – Don & Alex Tapscott, authors Blockchain Revolution (2016)

The blockchain network lives in a state of consensus, the network reconciles every transaction that happens in ten-minute intervals. Each group of these transactions is referred to as a “block”. A network of so-called

computing “nodes” make up the blockchain.

 

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You can buy cryptocurrencies on online exchanges. Some of the most common exchanges are Coinbase, Binance, and Bitfinex. You can even purchased them from special ATMs

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