So, as someone who loves all aspects of cryptocurrencies, I’ve been super stoked on monitoring the current hype in the cryptocurrency world. And with people getting more into digital money, stuff like XRP currency, what Blackrock’s company been doing, and how Bitcoin’s currency doing it’s widely reported in the media. So, let’s dig into five big stuff around these trending topics.
Let’s talk first about what XRP’s all about in the crypto market.
Blackrock’s Investment in Crypto
Now let’s talk about how Bitcoin’s been sitting at the top of the pile.
Let’s talk first about what XRP’s all about in the crypto market.
XRP’s been attracting attention the last few years, and it’s been looked at as a legitimate challenger to BTC and ETH. So, I took a in-depth analysis into XRP’s standing by checking out its history, the technology behind it, and who it partners with.
According to that CoinMarketCap data, XRP is worth $30 trillion and is the fourth largest cryptocurrency out there. I got a real feel for how it places within the landscape by seeing what it’s used for and how it lines up with other major players in the crypto world.
Blackrock’s Investment in Crypto
BlackRock, one of the big kahuna asset management companies, has been all over cryptocurrency news lately. So I’ve been tracking how they first got into BTC and what they’ve done since.
BlackRock’s top investor, Rick Rieder, is really clear about his positive spin on crypto having long-term potential. Their move into crypto seemed to be part of a big plan to keep their clients’ capital diversification.
Now let’s talk about how Bitcoin’s been sitting at the top of the pile.
You know Bitcoin, right? It was the first major success and it has maintained the top spot. So I checked into why Bitcoin’s hanging in there with an examination of its amount there is, how its creation process, and how it’s like a financial storage for digital currency.
I also looked into the effect of governmental modifications on Bitcoin’s market behavior. According to what The Block said, Bitcoin hit a historic peak valued at $1 trillion last November.
Crypto News and Media
You can’t ignore how the cryptocurrency news and the media shape how most people see digital currencies. I checked out various sources, like CoinDesk, CoinTelegraph, and Cointelegraph, to see how trustworthy they are.
By seeing how they present information and what they’re talking about, I got an idea of how media impacts the cryptocurrency market. Oh, and I looked into how social networks facilitates the dissemination of these cryptocurrency news stories too.
Crypto Exchanges and Security
With increasingly Digital Currency swaps out there, ensuring they’re secure has become really critical. So I went through the Protection stuff that websites like Platform, Exchange, and Trading Site implement. By understanding their Protection, I am more at deciding where to store my Digital Currency.
