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Tag: What is bitcoin

OKX’s Proof-of-Reserves Report: $8.6B in Secure Crypto Holdings

SNEAK PEEK: The review of the proof of reserves shows that OKX is overcollateralized. Data from CryptoQuant verified OKX’s assertion that their asset is...

Kraken`s Powell Asserts on Ignorance by US Crypto Regulators

SNEAK PAEEK: Regulators and lawmakers in Washington have come under fire for their incorrect views on the bitcoin business. Alternatives to Long’s organization will...

What is a dApp? An in-depth analysis and more

Decentralized applications or dApps are defined as digital programs or applications that reside as well as operate on a P2P network of computers. Having...

Crypto to the World: El Salvador to Establish Bitcoin Embassy in U.S.

SNEAK PEEK: El Salvador will launch a “Bitcoin Embassy” in the U.S. to promote crypto acceptance. El Salvador approved the Digital Assets Issuance Law...

Bolstering Education and Income in Cryptocurrency

The intersection of digital/cryptocurrency and retirement savings is clear: less than 42% of people between ages 18-29 have retirement savings, owning cryptocurrency and the residual income it creates can be an excellent way to fill in that gap, and Filecoin (FIL), Molecular Future (MOF), and Bitcoin (BTC) are household names. Even so, the fact remains that many Americans are uncertain about digital/cryptocurrency and how it can help them. That lack of knowledge can keep them from financial growth opportunities that may benefit them down the road. What is needed is education that shows people how blockchains could lead to the residual income they need to diversify their finances.


The online marketplace, with all its confusing terms and evolving technology, can be made simpler, as shown by Rodney Burton, founder of the Bitcoin Rodney brand. His company supplies educational guides, community webinars, and personal mentorship, all of which are helping the everyday citizen to have access to the same residual income opportunities enjoyed by other purchasers of digital/cryptocurrency. With services like these, those who have limited knowledge of crypto finances but who want to make smart financial choices and earn residual income can achieve their goals. 


There are plenty of people who stay out of the cryptocurrency market because of the fear of risk or financial illiteracy. To help the public to have more confidence in the digital currency space, we must have accessible education materials. Bitcoin Rodney is one such provider and has a free bitcoin educational guide. It hits crypto terminology, history, and procedures for setting up residual income streams. What might the retirement outlook for Americans look like if they have access to materials such as these so that they can understand digital currency and feel more confident about receiving residual income from cryptocurrency for themselves? 


The types of topics provided to those new to cryptocurrency should be practical. Examples can be found on Bitcoin Rodney's website, including “What Is Bitcoin?” and “How to Buy and Sell Bitcoin,” along with several interviews with self-made successes in the financial space. As seen on the website, interactive webinars are also able to teach people how to navigate the cryptocurrency space. Without the proper education, it is very possible to lose 100% of everything you put in the market. So, proceed with caution and make sure you have the proper platform, education, directions, and instructions. Learning by example can be a powerful way for individuals to understand digital currency and residual income, as seen by Bitcoin Rodney's success and past performance on multiple platforms.


Those interested in using cryptocurrency to diversify their income should have equally diverse opportunities, as modeled by Bitcoin Rodney, and for more ways to get started, be sure to contact him. The company's expertise in identifying profitable crypto-based financial options provides clients with platforms to choose from so that they can decide what will be most suitable for their lifestyle and growth goals. This is the kind of help the public needs: practical assistance in minimizing the risk of real-time crypto residual income streams. 


Personal mentorship can also be beneficial, as anyone new to cryptocurrency can learn from those who are more experienced. Consider Bitcoin Rodney, which offers personal sessions with the company's founder, who turned $1,000 in Bitcoin into incredible profits and has helped over 41 millionaires establish their wealth. The ability to ask questions, set up cryptocurrency strategies, and map out residual income goals with an experienced professional can help people to better understand how to plan their future, so Bitcoin Rodney has the right approach.


While the above can make more people educated about cryptocurrency, let's take it one step further and bring in the professionals from all sides of the industry. Why not listen to their wisdom? As modeled through Bitcoin Rodney's Cryptocurrency Community, instructional videos from professionals can deepen a person's knowledge of residual income streams and cryptocurrency and really seal the deal. And, it is a fact that cryptocurrency creates over eight-hundred millionaires a day.


Lives can be transformed through cryptocurrency education and residual income opportunities. As demonstrated by Bitcoin Rodney, by providing tailored guides, community webinars, and mentorship opportunities, the public can have access to financial growth options that are easily understood and implemented. The type of knowledge that can change lives should be accessible to everyone. We have only scratched the surface in the crypto space, and the possibilities are limitless when it comes to financial growth on the blockchain if we empower our society to understand them.

Bitcoin Rodney

Business Contact: [email protected]


Bitcoin Rodney is no stranger to the online marketplace. After he turned $1,000 in bitcoin into a massive profits, the Bitcoin Rodney brand was born. Through educational guides, community webinars, and personal mentorship, Bitcoin Rodney has already helped establish more than 41 millionaires in their personal wealth. He is passionate about helping other people use cryptocurrency to achieve the financial goals they have for themselves.

Small Cap Index Lead Gains In February, But What Is Bitcoin Doing?

Altcoins have been bigger winners than bitcoin in the recent recovery. Even though the latter led the recovery, the smaller cap coins have been making all of the waves in the space, outperforming other indexes and bitcoin included. All of this has pointed to an altcoin season after a purported ‘crypto winter’ and the gains recorded so far in February are additional proof of this. Small Cap Index Takes The Lead The whole of the crypto market had suffered from the downtrend that began in December. However, the second week of February had come to some reprieve with double-digit gains across bitcoin and all of the indexes. The small, mid, and large cap indexes have all returned gains so far, but the small cap has taken the leading, showing increased bullish momentum in the smaller cap altcoins. Related Reading | Bitcoin Steadies Above $45k, US Inflation Comes In At 7.5% Year Over Year Just two weeks into February, the small cap index has seen gains as high as 19%. This is a huge step-up for the index after it closed out January as the worst-performing index, seeing accelerated losses compared to its counterparts. The tables have now turned as the gains for the small cap index have been 4% higher than all of the others. Small cap index returns highest gains | Source: Arcane Research Bitcoin, the mid cap, and the large cap index all returned doubled-digit gains for January. Most of the gains recorded were from a single week that saw prices surge across the crypto market. What About Bitcoin? Bitcoin has no doubt also returned impressive gains for its investors in the same time period. It may not be as high as the small cap index but still remains one of the top gainers n the space. It follows the move of the market sentiment from extreme negativity back into the positive. Momentum picking up has also helped in this case. Related Reading | JPMorgan Puts Bitcoin At $150,000 In The Long-Term, But What About Its ‘Fair Value’? The Digital asset is now trading above its 20-day moving average but remains low on the 50-day average. At its current point, the next resistance for the asset to break lies at $45,240. However, a break above a second resistance point at $46,712 is what will really solidify its entrance into another bear rally. Until then, it will likely continue to hover between $43,000 and $44,000. BTC starts another recovery trend | Source: BTCUSD on TradingView.com On the support side, bitcoin’s break below $43,000 will see its next support at $42,790. Not a far-off point, but if it does not hold then another decline to $40,000 may be imminent. Nevertheless, the digital asset has shown strong sell signals around the 50 and 100-day moving averages. Unless buyers make significant headway in holding up the price of bitcoin, bears are more likely to take over, pulling bitcoin into another stretched-out downtrend. Featured image from Forbes, charts from Arcane Research and TradingView.com

What Is Bitcoin Backed By?

It’s likely not what you think — because most people are asking the wrong question.

Using Mempool.space to calculate bitcoin miner fees

As the price of bitcoin has gone in an upward trend over the last few months, one of the knock-on effects of this is that sending transactions at previously normal fees can lead to massive delays in them confirming, or as I’ve had happen at least twice so far this year, transactions that got stuck and I had to wait about a fortnight for them to drop out of the mempool for me to be able to send them again (although thankfully Trezor Suite has just introduced replace by fee). For a long time, I’ve used Ethereum Gas Station for

The post Using Mempool.space to calculate bitcoin miner fees first appeared on Bitcoins In Ireland.

A look at BitMix.biz Crypto Mixing System

Bitcoin mixers have been around since the early days of crypto, with many coming and going over the years. There are plenty of reasons why people would want to use them. On the one hand, there’s some dishonest reasons people would want to, but on the other hand there are also plenty of legitimate ones. While many people think that using bitcoin is anonymous, it isn’t as anonymous as people think when other parties start investigating their transaction history using some of the modern blockchain analysis tools that are out there. So from a privacy point of view, given that

The post A look at BitMix.biz Crypto Mixing System first appeared on Bitcoins In Ireland.

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