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Author: CryptoPress

Bitcoin's carbon footprint

Bitcoin’s carbon footprint

There has been a lot of talk about the carbon footprint of Bitcoin. In this article, we will examine where Bitcoin’s power consumption comes from, and potential ways to mitigate the power hunger of Bitcoin. More than a literal footprint, Bitcoin’s carbon impact is every bit as real as it sounds. As the height of the altcoin bubble subsides, the question remains whether or not cryptocurrencies are sustainable in their current...

Bitcoin

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What Is Crypto Arbitrage And How Does It Work?

What Is Crypto Arbitrage And How Does It Work?

Crypto arbitrage has been around since cryptocurrency emerged in 2009. Yet, there are still many people who do not understand exactly what it is or how it works. Crypto arbitrage is nothing new. It existed in forex and equities markets before it came to crypto. As soon as crypto trading began, so did crypto arbitrage opportunities. What is crypto arbitrage? It is a practice where investors trade cryptocurrency for another cryptocurrency...

Cryptocurrencies, Exchanges, Featured, Trading

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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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