Tag: Cryptocurrencies
Proof of stake (PoS) is a method by which a cryptocurrency blockchain network achieves distributed consensus. In a PoS system, cryptocurrency owners stake their coins by holding them in a wallet and thus committing them to the network. The stake weight of a node is proportional to the amount of cryptocurrency it is staking, and the probability of a node being chosen to validate a block is proportional to its stake weight.
PoS is an...
YTD (Year to date)
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Year to Date (YTD) is a term that refers to the time period that runs from the beginning day of the current calendar year, or fiscal year, to the present day.
YTD data is important for examining financial and business patterns over time, as well as comparing performance statistics across investments in the same or other sectors. The word is most often employed in the conventional investment business, but it may also be used in blockchain...
Christine Lagarde thinks crypto assets are worthless but her son invests in crypto
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Christine Lagarde, president of the European Central Bank (ECB), has stated that crypto-assets should be regulated and are worthless but has admitted that her son is a crypto-investor.
Speaking at an event, Lagarde said: “I am not a big fan of Bitcoin and other cryptocurrencies. I believe in the potential of blockchain technology and its ability to support financial inclusion and expand access to financial services for many people...
Bitcoin, Crypto adoption, Cryptocurrencies, Front page, Main, News
Tether Announces Reduction In Commercial Paper Reserves
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Tether’s commercial paper holdings have been reduced by 17% as the company seeks to improve the quality of its reserves.
In its Consolidated Reserves Report released Thursday, the company indicated that it had reduced its commercial paper holdings from USD $24.2 billion to USD $20 billion during the first quarter of 2021.
As of March 31, the end of the first quarter, Tether’s reserves were USD $82 billion of which 86% consisted of...
How Crypto Bear Markets Function
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If you’re new to the world of cryptocurrency, bear markets can be a scary thing.
Bear markets are traditionally thought of as a time when an asset trades below its prior high by 20% or more, usually accompanied by a lot of pessimism about the near-term future. People often think of bear markets as being an indication that the asset is doomed to fail, but this isn’t always the case. In fact, it’s possible for assets to...




