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Author: CryptoPress

Arbitrage

Arbitrage is the practice of purchasing an asset in one market at a low price and then selling it in another por a higher price.

Glossary, Trading

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Altcoin

The term “altcoin” refers to any cryptocurrency that isn’t Bitcoin – a digital money that isn’t Bitcoin. Because Bitcoin was the first cryptocurrency, each subsequent cryptocurrency was considered an “alternative.” Ethereum, XRP, Litecoin, Cardano, and Dogecoin are some of the most well-known cryptocurrencies. Altcoin traders often trade enormous volumes of altcoins every day in the hopes of making quick...

Ethereum, Glossary

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Airdrop

Airdrop is a marketing campaign that distributes a specific cryptocurrency or token to an audience. In order for airdrops to be successful, they need to have subscribers and participants who are willing to take the time to claim the tokens that have been distributed by the airdrop. Airdrops are originated in order to increase the popularity of a certain coin and to attract more people to take interest in that coin. The Airdrop...

Blockchain, Glossary

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Charles Hoskinson

Charles Hoskinson

Charles Hoskinson (born November 5, 1987) is the founder of Cardano and a co-founder of Ethereum, which are two of the world’s most popular cryptocurrency networks.  He is the CEO and founder of IOHK, the company behind the Cardano blockchain. IOHK’s key project is Cardano, a public blockchain and smart-contract platform that hosts the ADA cryptocurrency.  Despite surging high and achieving to become the...

People in crypto

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Charles Hoskinson

Charles Hoskinson: ‘there will be more than 100 companies switching from Ethereum to Cardano’

According to data tracker CoinMarketCap.com, Cardano’s market valuation rose to around $34 billion this year from around $5.6 billion last year. Charles Hoskinson, a 33-year-old who appears to be a PhD student before crypto mania took over his life, is the creator of Cardano. Cardano’s meteoric rise over the last three months has piqued the interest of some of the most savvy cryptocurrency investors. “We will see a...

Featured, News, People in crypto

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