YFI Ploughs Through Bitcoin's ATH as Yearn Finance ...

The rise of cryptocurrency is making a huge influence towards different businesses, companies or even simple individuals that supports the use of it in exchange of service, products, investments, etc.
Number of users increases seemingly. However, beginners often get confused with the jargons, known only in the said network. In this article, I will be sharing basic terms that exists in cryptocurrency world:
Cryptocurrency - is an internet-based, digital/virtual form of currency that is secured by cryptography (which makes it almost impossible to counterfeit) and operates independently from central bank. These include Bitcoin, Bitcoin Cash, Etherium, Ripple, Litecoin, etc.
Cryptography - process of securing communication and data in various electronic transactions (such as account name, account number, amount, digital signature, etc.) by converting plain texts to unintelligible texts and vice versa. It is also be utilized for user authentication.
Blockchain - refers to a growing list of record or the digital information (blocks) stored in public database (chain).
Wallet - or software wallet, is where you “store” your cryptocurrency. It is basically a digital program/system/site/app that store public and/or private keys used to track ownership and transactions of your cryptocurrency. Example: Coinbase, Trust Wallet, Exodus Crypto Wallet, Coins.ph, Binance Wallet, etc.
Wallet Address - is a destination associated with the software wallet where a user sends and receives cryptocurrency. Usually include a long series of letters and numbers. Example: qz8wlltmrj83mj2waw6rgaw9wtzqywuc5s3xqm67g7
Fiat Money - a currency that has actual value maintained; established as money; and backed up by the government. Example: US Dollar, British Pound, Philippine Peso, Japanese Yen, Euro, etc.
Altcoin - or "alts"; refers to any cryptocurrency other than Bitcoin.
ATH (All-time High) - it's when a cryptocurrency breaks its previous record price.
FOMO (Fear of Missing Out) - refers to the strong urge or need to purchase a cryptocurrency when the price starts increasing rapidly.
Mining - process of validation of transactions such as computers trying to solve blocks in a blockchain. Thus rewarding new cryptocurrency to successful user (miner). However, mining scams are rampant nowadays. Miners are always reminded not to provide private keys, deposits, etc to avoid these frauds.
FUD (Fear, Uncertainty and Doubt) - this is the greatest risk for investors; A state of mind that often influence when and how crypto-enthusiasts make trades, purchase or hold onto their coins thus affects greatly in the actual prices/convertion rate of cryptocurrency.
DeFi - short term for "decentralized finance" which includes digital assets, protocols, smart contracts, and dApps; is a financial software built on the blockchain that can be pieced together like Money Legos. Etherium is the primary choice for DeFi Application.
Stablecoin - refers to a class of cryptocurrency that attempts to stabilize coin prices, backed by reserve assets.
Reserve Assets - financial assets denominated in foreign currencies, held by central banks; must be readily available for monetization and/or must be an external physical asset. Example: US Dollars, Gold.
That's all for now, I hope this information might help especially beginners who still lack knowledge regarding these terms. Continue supporting #Cryptocurrency

Bitcoin drops $600 while Binance, Coinbase report issues. by elexonic September 2, 2020. written by elexonic September 2, 2020. Source: Fabre Gov – Shutterstock. The price of Bitcoin has dropped by $600 after being rejected at the resistance level of $12,000 for a third time in the last 30 days. In the run-up to the crash, Binance and Coinbase reported problems, Bithumb was raided by the ... Bitcoin's daily price on a 1-year chart shows ATR values (% change scale) ranging from a low 3.07 to a high 10.24 while gold price ATR values (% change scale) range from a low 0.71 to a high of 3.34. Comparing gold's ATR value(3.34%) on March 24th, 2020, when it was at its highest, Bitcoin's ATR value was 9.66%, a 6.32% difference. Gold’s lowest ATR Value(0.7%) on December 30th, 2019 was ... "Lego Splitting Heachache". Bild von Matt Brown via flickr.com. Lizenz: Creative Commons. ABC gegen alle anderen: Die Leitimplementierung von Bitcoin Cash (BCH) wird im November eine „Infrastruktur-Abgabe“ einführen, die im Ökosystem hochgradig umstritten ist. Dies wird voraussichtlich zu einer Spaltung der Blockchain führen. Und es passiert erneut. Mit der Hardfork im November wird ... Holo / Bitcoin (BINANCE:HOTBTC) LegoTonix BINANCE:HOTBTC Holo / Bitcoin. Beyond Technical Analysis. 203 views. 3. 0. beyondta... Comments. Post Comment. Community & tools. House rules Moderators People Pine Wizards Chat Brokers Stock Screener Forex Screener Crypto Screener Economic Calendar COVID-19 stats Shows. For business . Website & broker solutions Widgets Charting solutions Lightweight ... this about to breakout and start uptrend this might a good buy. Bitcoin’in mucidi Satoshi Nakamoto’nun LEGO tarzında yapılmış resmi için bir kişinin 37.400 dolar yani yaklaşık 280.000 Türk Lirası değerinde bir teklif yaptığı açıklandı. Satoshi Nakamoto NFT’sine Rekor Teklif DeFi: Die LEGO-Bausteine für ein dezentrales Finanzsystem BeschreibungIn diesem Meetup geht es um das Thema „Decentralized Finance“ kurz DeFi, präsentiert vom Münsteraner Community Mitglied Hannes (@lordi) der sich selbst als Software developer and Blockchain Enthusiast beschreibt. Im Jahr 2019 haben wir eine Vielzahl an DeFi-Innovationen sehen können. Jeśli Bitcoin lub jakikolwiek inny system monetarny usiłuje działać poza regułami, staje się systemem wyjętym spod prawa, a gdy już to zrobi, łatwo będzie go zatrzymać. „Giełdy to organizacje przestępcze”, czyli zemsta na Binance YFI Ploughs Through Bitcoin’s ATH as Yearn Finance Continues to Build the Lego for Castles. YFI hits nearly $25,000 and is up 70,078% from its all-time low on July 18. by AnTy. August 29, 2020 . Home Finance DeFi. Facebook. Twitter. Telegram. ReddIt. Linkedin. Email. The DeFi darling, YFI, is probably having the best time in the crypto industry. The token hasn’t taken a break in its ... There’s a new Bitcoin mining device that promises to rock your world. It’s the Lego mining rig!The Reddit user cowbob just published online this funny picture of his customized rig and he has formally announced he is taking pre-orders.. Making tight forecasts, he says he should be ready to deliver some of the first devices by July 2014.

Record $816M in Bitcoin leaves Binance — Are whales ...

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YFI Ploughs Through Bitcoin's ATH as Yearn Finance ...

Cryptocurrency Terminologies for Beginners

Record $816M in Bitcoin leaves Binance — Are whales ...