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tinam • Jul 27, 2022, 11:50 am EDT

Byte Federal Bitcoin ATM: How to Use the Best Bitcoin ATM

At the beginning of 2021, there were about 14,000 Bitcoin ATMs around the globe. By the end of the year, there were around 34,000 Bitcoin ATMs. And the market keeps growing. If you want to take advantage of one of these new Bitcoin ATMs, there are many other things to know before you learn how to buy and sell cryptocurrency.  Each different ATM operates differently, but if you are interested in how to use a Byte Federal Bitcoin ATM, keep reading to learn all you need to know.  What Is a Bitcoin ATM? A Bitcoin ATM is just like a regular ATM

9 minutes

tinam • Jul 25, 2022, 11:59 am EDT

What Should You Look For In A Crypto Wallet?

Even amid 2022’s crypto winter, it’s still essential to move digital holdings to a secure wallet. Opportunistic thieves and hackers are still as busy as ever trying to steal funds.  In fact, research from BestBrokers suggests crypto hacks and thefts are becoming more damaging. The firm reported 64 security breaches from January to mid-June 2022, a sharp decline from 251 hacks in the same timeframe last year.  However, data shows the average amount stolen per incident has jumped by 206% from 2021 to 2022.  Researchers believe thieves are focusing on higher-value targets in 2022, especially within the DeFi ecosystem, due to significant

4 minutes

tinam • Jul 21, 2022, 9:42 am EDT

Bitcoin Vs Ethereum, What’s the Difference?

Bitcoin (BTC) and Ethereum (ETH) remain the two most well-known cryptocurrencies within an ever-dynamic digital asset market. How do these two popular crypto coins compare? Learn more below in this quick read; Bitcoin Vs. Ethereum. Bitcoin is known as the first real cryptocurrency, dubbed ‘digital gold’ due to its stature and current prominence. However, Ethereum remains popular due to the usefulness of its blockchain network in deploying and running decentralized applications (dApps).  When it comes to Ethereum, Ether is the ‘fuel’ for these dApps and serves as the ‘cryptocurrency’ for the entire Ethereum network. Therefore, it’s essential to know the distinction

4 minutes

tinam • Jul 5, 2022, 10:09 am EDT

What Kind Of Crypto Wallet Should You Use?

When it comes to storing crypto, choosing the right type of wallet to keep your digital assets is a crucial decision all crypto owners must make. If you have found yourself wondering “What kind of crypto wallet should I use?”, then you should find the answers you seek below. Many different types of crypto wallets exist to hold crypto, each with specific advantages and disadvantages. When choosing the right crypto wallet for you, it is imperative to understand and weigh the differences between different types of crypto wallets, based on your cryptocurrency investing needs.When choosing a specific type of wallet,

4 minutes

tinam • Jun 20, 2022, 9:33 am EDT

Bear Market Vs.Bull Market, What’s The Difference?

Mid-June added another concern to 2022’s economic woes. Another day of heavy losses placed the S&P 500 stock market index officially in ‘bear market’ territory. Among those within Wall Street, a bear market appears when an index like the S&P 500, Dow Jones, or even an individual stock falls by at least 20% from a recent high for a prolonged period.  Many across the world know 2022’s been a tough year economically. In early June 2022, the World Bank said global growth was estimated to decline from 5.7% in 2021 to 2.9% in 2021, much lower than the calculated 5.7%-4.1% decline projected in January. 

tinam • Jun 8, 2022, 8:18 am EDT

Step by Step; How to Make a Bitcoin ATM “Withdrawal”

If you’ve considered investing, chances are you’ve heard a lot about how to buy Bitcoin. And purchasing this cryptocurrency is indeed a great way to get more direct control over your financial resources. But what happens if you decide to convert some of that Bitcoin back into cash? Making a Bitcoin ATM withdrawal can be a great way to capitalize on your Bitcoin investment. (In this article, we will use the familiar term “withdrawal” – Actually, the process involves selling your Bitcoin to the ATM operator.) If you are more of a reader, scroll on to learn more about this

9 minutes

tinam • May 11, 2022, 7:44 am EDT

What Are Seed Phrases & Why Are They Important?

One of the fundamental principles making cryptocurrency so attractive is that crypto owners have control of their own digital assets. By “control,” we mean that they are not dependent on a third-party institution or a centralized entity to manage, or store their wealth. Users can control the storage and management of the assets themselves. This means there is no need to provide any identification or to have to pass any legal requirements. You may be wondering then; “How does the blockchain technically know that a person is the owner of a wallet that holds crypto within it”? What’s The Secret? The

5 minutes

tinam • May 9, 2022, 11:43 am EDT

What Is Cryptocurrency?

Cryptocurrency has been all the rage over the last several years as many realize digital money has transformed many aspects of economics and finance.  In short, cryptocurrency, or crypto, is decentralized virtual money that relies on cryptography to exist without the need for traditional monetary authority.  While the idea behind digital money is not new, as electronic money in the form of ‘Digicash’ emerged in the 1990s, Bitcoin, launched in 2008, is by far the largest and most successful cryptocurrency and helped give rise to other popular options like Ethereum.  Bitcoin remains the most popular cryptocurrency by market capitalization, with options like

8 minutes

tinam • May 9, 2022, 9:07 am EDT

The Bitcoin Beginner’s Guide to Understanding Fiat Currency

The equivalent of $40 trillion USD is currently circulating across the globe. This money takes the form of multiple government-issued currencies, and currency value varies across different nations and states. American dollars, Euros, Great British Pounds, Indian Rupees, and Japanese Yen all have something in common, though- they qualify as fiat currencies. If you’ve never heard the term “fiat currency” or are looking to elaborate on it, you’ve come to the right place. Read on for a complete fiat currency definition and to compare it with cryptocurrency alternatives like Bitcoin. The Basics of Fiat Currency “Fiat currency” refers to any

10 minutes

jennyl • Apr 29, 2022, 10:49 am EDT

Decrypting the Latest Blockchain Trends and What They Mean

Did you know that, according to Tech Jury, the revenue that the worldwide blockchain technology market is expected to change? By 2024, experts predict the value to be $20 billion. Additionally, by the end of 2020, 60 percent of CIOs were just about to complete an integration of blockchain. Specifically, they were about to integrate it into the infrastructure they had. Considering just how quickly blockchain technology is growing, blockchain trends may be interesting to learn about. After all, you could make quite a lot of money if you invested in a blockchain technology company that was about to take off. We aren’t saying you’ll be Barry Silbert or Michael Saylor rich, but you can still do pretty well making the right blockchain investments. However, if you don’t know what the trends are in the industry, it can be stressful to know how to invest. Fortunately, this article will review the latest blockchain trends and what they mean. Read on to learn more.

8 minutes