Author: Meghamala

Meghmala is a freelancer content writer. She likes learning about cryptocurrencies. She joined CryptoTechTimes to pursue her love of writing. Apart from writing, she is currently enrolled in a master's degree in clinical psychology.

Gen Z sets the standard for crypto ‘social trading’ The top cryptocurrency exchange in the world, Bitget, has published study findings related to the copy and social trading phenomena on its site. The research shows that users in Generation Z make up 44% of all users of copy trading, showing the most interest in this trading approach. Older cryptocurrency traders also utilize copy trading to obtain market trends and insights. The Insight Partners analysis, which said that the social trading market is increasing at about 7.8% CAGR and is predicted to reach a mark of US$3.77 billion by 2028, is…

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According to Coinbase reports, 19% of New Yorkers own cryptocurrency New York is included in the fourth edition of a Coinbase research series that examines crypto innovation at the state level in the United States. The study emphasized several achievements made by the state in terms of the adoption of cryptocurrencies. According to the research from Coinbase, 19% of the study’s participants who live in New York possess cryptocurrency. Additionally, one in three residents of New York said that cryptocurrency is a “worthwhile investment for the future” and that it makes the financial system more equitable The Coinbase research also…

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Know what the increase in cryptocurrency use in France means for the payments sector The growing use of cryptocurrencies in France is a phenomenon that is changing the nation’s payments sector. This tendency is altering the financial environment and how transactions are carried out. The growing adoption of digital currencies like Bitcoin, Ethereum, and others is evidence of the public’s growing trust in this brand-new payment system. The payments sector is being significantly affected by this trend toward digital currencies, and the ramifications go well beyond France. Several reasons have influenced the acceptance of cryptocurrencies in France. The first factor…

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Let us find out if the NFT mystery box is a mystery In the universe of non-fungible tokens (NFTs), the concept of NFT mystery boxes is unique. These boxes contain various NFTs sold as a bundle and usually include a surprise or random item. Like traditional mystery boxes, the customer learns the particular NFTs in the box after the purchase. NFT mystery boxes may include various digital items, including video games, collectibles, virtual properties, works of art, etc. People are drawn in by the anticipation of discovery and the potential discovery of valuable or uncommon NFTs inside the box. The…

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Binance quits Canada in the face of new cryptocurrency restrictions The whole cryptocurrency market is swaying from side to side, at ease in small ranges and with rounded curves. After the fallout from the FTX in 2022, confidence in such currencies was destroyed, and the market completely swung downward with no indications of moderating. However, major digital currencies like Bitcoin and Ethereum received a new start in 2023, and the crypto market has gradually begun to turn positive due to the relaxed macroeconomic environment and declining inflation. However, the mood of the market has been shifting from “fear” to “greed”…

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Everyone is buzzing about the latest crypto developments; learn here about its future When the year 2022 arrived, cryptocurrency investors were nervous. Bitcoin (BTC -0.85%) and Ethereum (ETH -0.93%) were up 61% and 409%, respectively, during the previous year. However, the previous enormous increase in 2017 was followed by an ice bath in 2018, and the top coins began to trend downward in November 2021. Was the cryptocurrency market due for another dramatic drop? In the spring of 2022, the mainly bullish market momentum of 2021 was overtaken by negative patterns. The stock market fell due to rising inflation, Russia’s…

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Learn how to utilize the risk-to-reward ratio in Bitcoin trading The risk/reward ratio, also known as the risk/return ratio, is a widely used trading indicator that contrasts a deal’s possible profit and loss. Traders take on risk for potential profit. For instance, an investment with a risk/reward ratio of 1:3 would suggest that if the trade turns out well, the investor would profit $1.30 for every dollar invested. The risk/reward balance is key in cryptocurrency trading, whether for short-term “holding” investments or daily transactions. Let’s think about it in terms of cryptocurrency trading to have a better idea. If Ethereum…

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The contribution of cryptocurrencies to financial inclusion can reduce corruption Financial inclusion, sometimes called access to and usage of financial services, is essential for promoting economic expansion and development. Unfortunately, a sizable population still lacks access to fundamental financial services, especially in developing countries. According to the World Bank, 1.4 billion individuals globally need access to these services, which restricts their ability to pursue economic opportunities and keeps them impoverished. Due to its decentralized and digital character, cryptocurrency might help with this problem by promoting financial inclusion. Cryptocurrencies do not need a physical banking infrastructure since they may be stored…

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Let us understand how forking impacts blockchain and, ultimately, cryptocurrency Blockchain is a decentralized, public software that anybody may contribute to that powers cryptocurrencies like Bitcoin and Ethereum. Because they are made up of blocks of data that can be traced back to the first transaction on the network or imagine an extremely long train, they are known as blockchains. Additionally, as they are open source, their communities are responsible for maintaining and expanding the underlying code. A fork occurs every time a community modifies the blockchain’s protocol or fundamental set of guidelines. When this occurs, the chain divides, creating…

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Learn how Web3 can help independent contractors worldwide get closer to financial freedom According to freelance gig marketplace Upwork, those who have adopted a freelance lifestyle full-time have cited several advantages that make it a desirable employment choice. One benefit of working as a freelancer is the flexibility it provides. Employees may pick their work environment and establish their hours, breaking away from the constraints of the 9-to-5 schedule. Freelancers can choose when and where they work, whether relaxing in their homes or soaking up the sun on a warm beach. Moving away from the 9-to-5 work culture has apparent…

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