Bank of England governor Andrew Bailey has a blunt message for those investing in crypto: "Buy them only if you're prepared to lose all your money."

Speaking at a press conference on Thursday, Bailey said he sees no intrinsic value in crypto. "I'm afraid they have no intrinsic value," he said. "And it doesn't mean to say that people don't put a value on them because they can have extrinsic value. But they have no intrinsic value."

Bailey also doesn't like the words crypto and currency together. He said he wants to use a "more neutral" phrase, "crypto assets."

Bailey has since long been a crypto critic. Last year, he made similar remarks: "If you want to buy bitcoin, be prepared to lose all your money… [bitcoin] has no intrinsic value." Earlier this year, he said crypto isn't suitable for payments.

Meanwhile, The Bank of England is exploring its own digital currency. Last month, the central bank, together with HM Treasury, created a joint task force to assess the possibility of launching a digital pound. If approved and issued, the U.K.'s digital currency would exist alongside cash and bank deposits rather than replacing them.

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This week Ethereum (ETH) rallied all the way above $3500 levels hitting its new all-time high and pushing its crypto market dominance to 17%. In its journey upwards, Ethereum has toppled many big financial giants like Mastercard (NYSE: MA), PayPal (NASDAQ: PYPL), and Bank of America ( NYSE:  BAC). 

However, despite a massive 4x run-up this year in 2021, it seems Ethereum (ETH) isn’t stopping anytime soon. The Ethereum (ETH) exchange supply has been dropping at a faster rate than the exchange inflows. This clearly implies further continued growth and less risk or any other major sell-offs.

However, the behavior of the Ethereum whale address has been interesting to watch for. While the non-exchange ETH whales have doubled in numbers over the last eight months, the exchange ETH whales have dropped in half. Below is the graph from Santiment that shows a completely opposite behavior of the exchange and the non-exchange whales.

As ETH supply moves off-exchanges, a massive number of ETH coins at the same time has been moving to Ethereum-based decentralized finance (DeFi) protocols. As per Santiment, the total value of ETH coins locked in DeFi has doubled over the last three months.

Similarly, deposits in the Ethereum smart contracts have also reached an all-time high as of now. The value of ETH coins staked in these deposit contracts has reached close to $13 billion.

View metric:https://t.co/SzbMPqvhlb pic.twitter.com/5mv0OLa6rx

— glassnode alerts (@glassnodealerts) May 6, 2021

Also, there is enough evidence of the fact that U.S. institutional investors have been buying Ethereum recently. The ETH premium on Coinbase has significantly surged since the beginning of 2021.

New money is flowing into the crypto market. https://t.co/4PRRP3kEzJ pic.twitter.com/JcFQiJK9qY

— Ki Young Ju 주기영 (@ki_young_ju) May 5, 2021

One of the major issues with high Ethereum on-chain activity has been its gas fee. However, it seems that the gas fee has significantly dropped over the last two weeks thereby alleviating investors’ pain and boosting more network activity. The daily active addresses on Ethereum are also on the rise at this point.

Cryptocurrency is a possibly extraordinary digital resource for investment. Among different commodities, cryptocurrency will keep on being in the buzz for investment this year. If we pick the profits graph of the most recent ten years, cryptocurrencies have been among the most maximum yielding investment items. In this article, we provided a list of the top 10 most popular cryptocurrencies in 2021. 

May 2021 | AtoZ Markets – There is no single cryptocurrency we can bring up as the most elite. Numerous cryptocurrencies offer very pleasant opportunities for investment, relying upon what you’re searching for and what your investment objectives are. The height of the experience you have is a nother interesting point. For instance, cryptocurrencies may be a wise investment for the novice. While others appropriate for further developed crypto traders.

Moreover, it would be best if you remembered that purchasing the best cryptocurrencies isn’t sufficient to be a fruitful crypto trader. Many traders have seen their crypto venture reached to a conclusion since they didn’t give enough effort to security. If you are eager about investing resources into cryptocurrencies, you need to invest energy into ensuring your investment by strengthening your security.

Many individuals will debate that cryptocurrencies are the eventual fate of the fund. While that future may be years away, it is positively not an insane description to make. Digital currencies offer various points of interest contrasted with conventional fiat cash, for example, lower charges, transparency, and transaction/exchange speed.

When taking a glance at cryptocurrencies from an investor’s point of view, there are mostly five causes for consideration.

If you have any intention to put resources into the crypto market this year, then 2021 will be the most fabulous year to put resources into cryptocurrencies, as indicated by numerous crypto fans. Below here we mentioned top 10 most popular cryptocurrencies in 2021:

Bitcoin is in the first place of the most popular cryptocurrency to date. Bitcoin’s price is quite higher than other cryptocurrencies. Besides, it is frequently mentioned as “the king of cryptocurrencies”. Bitcoin’s price has climbed significantly in a few months and Bitcoin holding the current price above $55,000. Many analysts predict that Bitcoin’s price may reach $100k this year. Moreover, as the world economy is currently in a recession because of COVID-19, investors are looking forward to safe-havens, which boosts Bitcoin price at an all-time high. So, this is the high time to invest in Bitcoin, before the price strikes further.

Besides, the primary objective of Bitcoin to get worldwide, distributed, digital money, which has segregated from any guideline and along these lines completely decentralized. Other than that, the explanation of keeping Bitcoin on your investment radar is that it has the most elevated liquidity in the crypto space, which likewise makes it the best cryptocurrency to purchase if you are a novice.

ETH comes second on the list of top 10 most popular cryptocurrencies. ETH is the endemic cryptocurrency of the Ethereum blockchain network, which is most likely the digital coin alone that has figured out how to approach the prominence and fame of Bitcoin. It’s an altcoin that uses efficient smart contracts planned in such a way that it can be utilized in a diversity of real-world applications for performing exchanges in an extremely secure, decentralized, and distributed style. Whereas Bitcoin, the worth and request of the ETH are generally filled by its ease of use. Besides, the appeal for its blockchain and applications that can be handily altered to manufacture other decentralized applications, currencies, and smart contracts.

Ripple is in the third position on the list of most popular cryptocurrencies. It is the all-time most loved cryptocurrency of numerous investors. Because other than Bitcoin, Ripple is likely the most utilized coin for cross-border installments by many major financial institutions, including banks, over the world. Moreover, going about as the essential currency for performing exchanges/transactions inside the Ripple Ecosystem. The Ripple coin can similarly utilize for performing simple and reasonable worldwide financial exchanges/transactions. The Ripple network offers a scope of well-known items, for example, RippleNET, xRapid, and xCurrent. That being utilized by organizations worldwide for finding and associating with clients and service providers.

The fourth most popular cryptocurrency DASH is another computerized currency that was made on the idea of secure, shared advanced installments. In addition to other things that make Dash a well-known coin is the capacity to process installments immediately, in real-time. That empowers people and associations around the globe to perform sheltered and immediate cross-border exchanges utilizing Dash. It is also mainstream since it charges an exceptionally low expense from the transacting/executing parties, and the installments are dependable. The ongoing consultation from the World Health Organization (WHO) to receive digital cash over paper money to keep away from infections like COVID-19. It’s relied upon to bring about a major lift in the value and demand of Dash and numerous other cryptocurrencies out there.

NEO is the 1st open-source digital money started in China. It likewise, in some cases, called the Chinese form of Bitcoin. As it appears to work pretty much like Bitcoin, which has authoritatively not legal in China. NEO is unique about BTC. For one, it is open-source and run by a network of NEO clients, investors, and planners. NEO highlights a cross-platform, multi-language upheld smart contract system based on blockchain technology for simple and proficient administration of computerized resources in a decentralized situation. The essential focal point of the NEO system on making an ecosystem where genuine resources can digitize for simple liquidity and to support the mass appropriation of blockchain.

TRON is the 6th of most popular cryptocurrencies. It is a blockchain-based working system that permits developers to assemble cutting edge decentralized applications, smart contracts, and so forth on the blockchain. TRON expects to build up an environment or a sort of new web which has run by blockchain. It likewise serves as a worldwide, decentralized substance management system dependent on blockchain technology. Suppose you are a patron of the decentralized economy and indulge in a system where financial transactions are no longer administered by centralized entities. For example, banks or the administration, you ought to surely look at the TRON investment.

Titan coin, or TTN, is on the 7th of the top cryptocurrencies. It is one of the recent coins that relatively few individuals think about. However, yet they merit appraisal for the imaginative utilization of blockchain technology. In the beginning, Titan coin resembles whatever other digital money that can be utilized for making simple, quick, and secure cross-border installments. You can utilize it at any vendor or site that acknowledges the coin. It utilizes hybrid consensus (PoS/PoW) for included security and effectiveness in the blockchain.

However, what makes the titan coin remarkable and unique about most different cryptocurrencies is the nearness of genuine use cases. The Titan investment has been introduced as an environment that includes a scope of exceptionally usable activities or mobile applications that may make everyday tasks simpler for the general populace. All the applications in the ecosystem use titan coin as a method for secure, in-application installments, along these lines making an undeniable demand and boosting the coin an incentive in the market.

Litecoin is secured in the 8th position on the top most popular cryptocurrency/digital money list. It is a shared cryptocurrency dependent on blockchain. It works pretty much like Bitcoin however has fewer asset escalated. As such, the upkeep of a Litecoin organize is moderately simpler and less expensive. It utilizes blockchain technology for the creation and move of computerized coins. Litecoin is one of the first altcoins (bitcoin elective) and introduced in 2011. The primary variety among LTC and BTC is in the kind of hashing algorithm they use. The utilization of the Scrypt PoW algorithm by Litecoin permits clients to mine this coin with GPU and other customer grade equipment.

ICON is one of the principal projects to chip away at the idea of blockchain technology interoperability.  That permits clients on these blockchains to interface and transact with one another. This successfully extends the range and use instances of cross-chain technology. ICON runs on a typical reason for blockchain technology that depends on the Proof-of-Stake consensus. That may utilize for making and actualizing smart contracts with other decentralized applications (DApps). The ICON blockchain has supposed to have the option to process numerous exchanges or transactions every second.

ZRX is, last but not least, of the top 10 most popular cryptocurrencies/digital money. It has a cryptocurrency for the clients of the Ox platform. That has a blockchain technology convention for permitting the decentralized (shared) transaction of the token and the scope of advanced resources on the Ethereum blockchain. ZRX holders can likewise vest their tokens by marking with 0x market producers and achieve liquidity awards in return.

Thus, here closes the rundown of the top 10 most popular cryptocurrencies. It can add value to your time and cash in 2021 and further. Keep in mind this is not proficient monetary guidance. It is only a couple of determined crypto recommendations dependent on continuous market patterns. Continuously do your examination and research a cryptocurrency before putting resources into it.

Think we missed something? Let us know in the comment section below.

Qtum Chain Foundation, the blockchain platform, is launching a new Venture Capital fund that will be headquartered in its home office, in Stockholm, Sweden. It is called Qtum VC group and is designed to offer both funding and ideas to early-stage blockchain projects.

The Director of the group, Antonio Saaranen, commented:

“Our initial pledge for the fund will be $10M, and we’re open to partnering up with similar entities in the crypto space. We will have a blockchain agnostic approach in this fund and are willing to work with any projects that wish to contribute to the blockchain ecosystem as a whole. With this venture capital group, Qtum can take advantage of our team’s deep experience in blockchain and, at the same time, help aspiring projects hit the ground running and come to the market.”

Qtum has been very successful in the blockchain sector and is likely to continue to grow its presence globally. Some of the areas that Qtum VC is interested in supporting are green applications for blockchain, NFTs, and decentralized finance (DeFi). It will also look at layer 0 and layer 2 projects.

Many of the ideas that can help blockchain grow into an industry-standard technology have already been shown to be 100% viable in the real world. As blockchain solutions are developed further, many more small companies will adapt existing use cases to new markets.

Green energy is an especially interesting area that blockchain companies been successful in developing game-changing platforms. Power Ledger has developed technology that makes keeping track of small and medium-scale solar generation output easy, which completely changes the dynamics of a solar-based energy grid.

This technology can be adapted to other markets and other use cases.

From a technical perspective, it doesn’t really matter if a blockchain is keeping track of solar power or some other form of small-scale generation. The cost of developing platforms like the one Power Ledger has isn’t prohibitive, especially if it means more efficient use of a valuable resource.

There are, of course, many other ways that blockchain can be used in green technology, which is only one of the sectors that Qtum VC will likely support.

A number of high-profile VC funds are entering the blockchain space. A16z is reportedly dedicating $1 billion to a new blockchain fund, and longstanding blockchain investor Pantera Capital is looking for another $600 million for a new fund that will be blockchain specific.

It isn’t difficult to see why intelligent investors are entering the blockchain VC space. Blockchain technology now has numerous successful rollouts and a robust global development environment.

The simple fact is that blockchain platforms create ways for new technology to be effective commercially, and also create ways for people to take full advantage of the global IT network.

In the case of DeFi, blockchain actually allows people to enter the financial system, and with blockchains like Qtum’s, avoid some of the pitfalls that both Bitcoin and Ethereum have fallen into.

While Bitcoin was an amazing first use of Blockchain, the Proof-of-Work (PoW) system it uses is a serious drawback. Unlike Bitcoin, Qtum uses a Proof-of-Stake (PoS) architecture, which means much lower costs, and higher speeds.

Now Qtum can take the lessons it learned in creating its blockchain, and help other companies to enter the market with well-developed ideas, and a solid footing.

There are many ways that blockchain-based systems can help make the world better, and with the kind of funding that is hitting the blockchain VC market, some great ideas will get the support they need.

Mike Novogratz, whose Galaxy Digital cryptocurrency fund announced the purchase of the BitGo crypto custodian on Wednesday, has appeared on Bloomberg TV to share his take on the recent rally of Dogecoin.

Novogratz mentioned Elon Musk and Mark Cuban but stated that there is far more to the meme-coin surge than just those two influencers.

The main driver for the Dogecoin rally, according to the Galaxy Digital founder, is the retail funds of millennials and gen Z, who feel nihilistic about the current crisis in the global financial system and are seeking any suitable store of value.

For this reason, Novogratz said, equities are going up and real estate prices in some regions are surging, as are baseball cards and other collectibles (in which non-fungible tokens stand as a separate wave).

Fiat debasement has also pushed the price of Bitcoin up, from last October to now, as it reached an all-time high of $64,863 on April 14, according to CoinMarketCap. Now, DOGE is also rising, despite it being initially a joke and a Bitcoin parody.

Novo pointed out that the triggers that are making equities go up are also pushing cryptocurrencies to the North.

However, Novogratz believes that investing in DOGE is very dangerous since it can go down as easily as it is going up now.

This is due to the lack of development going on in the DOGE ecosystem and the total absence of institutional money going into Dogecoin, Novogratz reckons. "This is a retail frenzy," he emphasized.

The Digital Galaxy CEO calls DOGE a pure bet and mentioned that, earlier this week, his company released a detailed report on DOGE.

This fact and the fact that the community has managed to build an $80 billion market cap for this asset certainly shows "some sense of success" for DOGE.

He pointed out, however, that although DOGE is going up, along with BCH, ETC and LINK, the crypto industry is not a bubble. He expects, though, that the prices of these coins can go up and down easily.

Bloomberg TV host and podcaster Joe Weisenthal, who is a strong crypto opponent, believes that the majority of DOGE holders are not in a rush to sell their "riches" for a certain important reason.

Despite "sitting on unreal % gains," he tweeted, the actual gains in U.S. dollar equivalent are not so impressive since many have bought only $100 or $1,000 worth of Dogecoin.

So, a lot of holders are not tempted to sell their DOGE since the amount of dollars made on this rally is far from life-changing.

Analysts are predicting that Bitcoin’s market price is far going for bigger price drops in the short term based on technical indicators. Veteran trader, Peter Brandt went even far ahead to put bitcoin buy order at just $32,501. According to him, there was still much more room left to buy the dip.

Bitcoin (BTC) is expected to dip as low as $32,501 in the short term based on technical indicators.  On April 23, the BTC/USD trading pairs hit the lowest of lows, last seen since early March.

With the cryptocurrency going below even $50,000, bearish signs have begun to surface.

Popular trading analysts, Peter Brandt has shared on his social media that has scheduled his next bitcoin buy order at just $32,501.

Brandt is well known in the crypto community for correctly predicting various BTC market cycles in recent years.

Meanwhile, other analysts view $46,000 would be the last correction line for the BTC/USD trading pairs.

Looking at the on-chain volume profile, ~$47k is the next large support zone, which coincides with the 🐳-version of the on-chain profile (~$45k-$48k) and a Fibonacci zone (~$46.8k) pic.twitter.com/R7SNI6z2n5

— Dilution-proof (@dilutionproof) April 23, 2021

Bids from investors and large-volume whales, along with technical indicators, suggest that bears would have difficulty forcing the market much lower.

Meanwhile, Philip Swift of trading suite DecenTrader too agreed on the buying volumes around the $47,000-$49,000 price mark.

“I have also observed on the blockchain a lot of on-chain buying volume around $47-49K, which I expect to act as very strong support should we even get down to those price levels.”

“So, while there has been a lot of fear on social media this week, I do not believe that there is a need to panic or be overly concerned about the price of Bitcoin right now,” he adds.

Bitcoin has plunged more than 10% over the past 24-hours. It’s the first time in six weeks that it fell below the $50,000 price mark. The price pullback follows a year of highs, even though the cryptocurrency is still worth significantly more than it was in March 2020 when it was valued below just $5,000.

Greetings everyone! So, we have known about what is Bitcoin or BTC, as we clearly discussed in one of our writing. So, if you read it, you know who created it and why was the need for its creation. So now the question is, is it working? Is there something like virtual currency out there? Who is using it? Are we allowed to use it? And every soul question of this blog, what can we buy using BTC?

Let us stay curious and know all we can and answer all these questions. But the very first thing before buying is where and how will we store our BTC? .medrectangle-3-multi-121{border:none !important;display:block !important;float:none;line-height:0px;margin-bottom:15px !important;margin-left:0px !important;margin-right:0px !important;margin-top:15px r !important;}

 Like our physical currency has a wallet, in the same way, we can store our Bitcoin evolution in the digital wallet. Digital wallets can be web or hardware-based. But is it safe? The wallet’s safety relies on the user as they are given the private key to access it and use their BTC. But like every other digital thing, it is prone to be lost through computer crashes, hacking, etc.

The hot wallet is internet-based (online wallet). This wallet is used in devices with an internet connection as it generates private keys online on those devices. This wallet is best for the transaction as it let you transact easily and quickly but is more prone to losing the BTC as it is online. Do you want some advice? Always keep the lowest amount in a hot wallet, i.e., only for the transaction as it should not be and is not used to store your BTC or all your BTC.

Yes, the safer way to store the BTC is Cold Wallet.

Cold wallet

The cold wallet is the safer option to store your BTC as it is not connected to the internet. It is a hardware or offline wallet.

The hardware wallet is a USB Drives storing your private key for accessing your BTC. One can always keep it away from computers or devices with the internet hence making it safe from vulnerabilities.

The best and safest way to store BTC is a paper wallet. 

Some people print their private key on paper and stores it physically and safely at their home or bank lockers. The physical way is safest; still, you lose your paper.

Since it is a currency accepted globally so of course, we can buy multiple things using BTC.

Yes, now you can invest in gold using BTC. Bitgild and European Mint allow you to buy gold on payment through BTC.

Now comes a Bitcoin watch with an engraved QR code and private key for the transactions through BTC.

You can book your hotels and flights through BTC through various websites like Xceltrip, Destinia, etc.

One can buy various luxury cars like Porsche, Lamborghini, Tesla, or even private jets using BTC.

You can buy your domain name, website hosting, servers, and cloud storage using BTC.

One can buy things on Paypal using BTC. One can even buy or sell their BTC on Paypal.

You can buy snacks like pizza in Venezuela, whoopers in Burger King in the Netherlands, or even buy from famous brands like Papa Johns, Dunkin’ Donuts, Dominos, etc. Bitrefill.

One can donate for charity to various NGOs using BTC.

Recently, there has been an increasing demand for VPN services and other similar tools. Millions of people and businesses in different parts of the world are worried about their online privacy and security.  Consequently, it has become very important to acquire online security tools that ensure the safety and protection of internet users while browsing, and many tools have emerged over the years to protect businesses and individuals. One of the most popular is a virtual private network (VPN)—an app that encrypts the users’ data and makes their connection private. 

However, in addition to protecting their privacy online, many users also want to be able to pay for this service securely and anonymously, and that’s why an increasing number of VPN providers have started to accept cryptocurrency as payment. 

Why would you want to pay for your VPN with cryptocurrency? 

When you enter your credit card or PayPal information to pay for a VPN service, it is stored virtually forever and is shared among banks, tax authorities, and other stakeholders. This increases the chances that your data will end up on the dark web, exposing you to risks like unauthorized purchases and identity theft. 

In contrast, when you pay with most cryptocurrencies, they don’t leave a direct link to your identity or location. This helps ensure that your data will not be stolen and also helps you maintain your anonymity. 

Buying KeepSolid VPN Unlimited with Cryptocurrency

When we were researching the VPNs that accept cryptocurrencies, we really liked the set of features that VPN Unlimited offers, so we’ll use it as an example for this article. VPN Unlimited currently accepts Bitcoin, Bitcoin Cash, Ripple, Ethereum, Paxos Standard, and other cryptocurrencies (you can see the entire list here ). In order to complete your purchase, you just need to select your wallet, choose your currency, and scan the QR code. The user-friendly payment process allows customers to complete the purchase in minutes using Bitcoin or any other digital currency while remaining completely private and anonymous.

Features of KeepSolid VPN Unlimited

With over 25 million users across the globe, VPN Unlimited is one of the leading VPN providers on the market. Some of its features include:

Compatibility of VPN Unlimited

VPN Unlimited is compatible with all  major platforms. The service can be used on desktop computers whether they run on Windows, macOS, or Linux, as well as on mobile devices using the Android, iOS, and Windows operating systems. VPN Unlimited is also suitable for use on all major browsers, including Google Chrome, Firefox, Opera, and Microsoft Edge as well as streaming tools like Apple TV, Roku, Kodi, Google Chromecast, Amazon Fire, and manual configurations.

For internet users who are aware of the risks of doing business online, going with VPN is a smart choice. Ensuring that payments for these services are also secure is the logical next step. 

By: Cooper Haywood

While Bitcoin is the undeniable king of crypto it has limited functionality.

Bitcoin is super secure and great for sending money around the world, but it can’t be programmed the way a coin like Cardano can. Cardano supports smart contracts which opens the door to all sorts of exciting possibilities.

Cardano has a lot going for it and it can potentially make for a great investment if it ends up being the default smart contract platform in the cryptocurrency ecosystem. Ethereum has the lead for now but there’s not telling how the crypto ecosystem will change in the coming years.

So with that in mind, let’s look at out how to buy Cardano cryptocurrency, which cryptocurrency exchanges are best and how to buy ADA whether you’re living in the USA or internationally.

While Cardano trades against Tether on more than a dozen exchanges, there are only a handful of exchanges which let you buy Cardano with dollars.

The San Francisco based Kraken is one of those exchanges. They allow their customers to fund their account with a bank transfer and then buy Cardano directly. Unfortunately Kraken does not allow their American customers to buy ADA with a credit card or debit card. Only Canadian customers can use their debit cards to buy Cardano.

For those wondering where to buy Cardano besides Kraken, Binance USA is another good choice. As of November 2019 they allow Americans to buy cryptocurrencies like Cardano with a debit card. That makes Binance USA a convenient choice for those looking to buy Cardano quickly with a minimum amount of hassle.

Of course Binance USA also lets their customers fund their wallet with a bank transfer. Unfortunately a bank transfer typically takes several days to clear. That can be a big deal in crypto where the price of a coin can change dramatically from one day to the next.

Unfortunately Binance USA is not available in all states. Binance USA’s list of blocked states includes: Alabama (AL), Connecticut (CT), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Louisiana (LA), New York (NY), North Carolina (NC), Texas (TX), Vermont (VT) and Washington (WA).

Residents of those states may want to consider using Kraken instead. International customers who want to know how do I buy Cardano should consider registering on the original version of Binance. Outside of the United States Binance is open to citizens of dozens of countries and allows for fiat deposits with currencies like the Euro and the British Pound.

Neither Kraken nor Binance USA supports buying Cardano with a credit card. However, buying ADA with a credit card is possible on some other platforms. Here’s where to buy Cardano coin with a credit or debit card.

The most convenient website is CoinSwitch, which allows traders to buy Cardano with a credit card without creating an account. The only thing a user has to do is decide how much Cardano they’d like to purchase, tell CoinSwitch the ADA wallet that they’d like their coins sent to and then provide proof of identity. Proof of identity is required in order to ensure that a person is not using a stolen credit card.

CoinSwitch is also great for international investors as the website offers several fiat options for buying Cardano. For instance, CoinSwitch supports the Russian Ruble, the Australian Dollar and even the Japanese Yen.

CoinMama is another option for traders who are interested in buying ADA with a credit card. CoinMama is especially popular with European traders as they allow for Euro purchases. Unlike CoinSwitch, however, they do require traders to create an account with a valid email address before they can purchase Cardano ADA.

For most people the easiest way to acquire Cardano ADA will be the Bitcoin method. That is, first buy Bitcoin and then trade it for Cardano. The disadvantage of acquiring Cardano in this way is that you have to pay a trading fee. Also, when you buy Bitcoin on one exchange and then send it to another, you may have to pay the withdrawal fee on the Bitcoin exchange.

Withdrawal and trading fees aside, using Bitcoin to buy Cardano is really simple and it allows traders to use a bunch of different payment options.

The best way to buy Bitcoin inside of the United States is to use Coinbase. Founded in 2012, Coinbase has been around since the early days of crypto and they have an awesome track record of no major hacks. That’s a big deal, especially considering that some extremely popular exchanges like Binance have been hacked.

Security isn’t Coinbase’s only selling point, however. What makes Coinbase so popular is their dead-simple user interface. Crypto is notoriously complex but Coinbase has made it their goal to make it as simple as possible to buy Bitcoin. They accept wire transfers, bank transfers and also debit cards as payment options.

When you buy Bitcoin on Coinbase with a bank transfer it can take four or five days for the funds to clear. If you want to withdraw the Bitcoin immediately, and send it to a wallet on another exchange, you should make the payment with a debit card. By doing so you can send the Bitcoin to another exchange and trade it for Cardano ADA within the hour.

Since Cardano is a popular coin with good name recognition quite a few exchanges support it. Exchanges like OKEx, Huobi, KuCoin and Bittrex all have ADA trading pairs.

There are also other exchanges which support ADA trades but it’s important to research an exchange carefully before trading on it. Once you send any cryptocurrency to an exchange it is no longer under your control. The exchange may freeze withdrawals at any time, for a legitimate reason or not. As the famous maxim in crypto goes, “not your keys, not your coins.”

If you want to know where can I buy Cardano outside of the United States, in fact Coinbase is still probably the best option as they operate in more than 100 countries. CoinMama is also a great exchange for Europeans who would like to buy Cardano as an investment. As mentioned previously, CoinMama accepts several payment types, making it easy to get ADA.

Asian cryptocurrency enthusiasts might want to consider Binance, the most popular exchange (by trading volume) in the world. While Americans are banned from using Binance (the international exchange, not the US version), crypto traders in most Asian countries can register and buy Bitcoin with fiat.

The best way to find an exchange to buy Bitcoin (or any other cryptocurrency) is to look at CoinMarketCap under their market pairs section. The larger the exchange, the more likely they are to support a wide variety of fiat trading pairs.

Would you like to know how to buy Cardano with cash? It’s fairly simple, in fact it’s quite a bit like using the Bitcoin method. The problem for Cardano enthusiasts is that there is no way to buy Cardano directly with cash. What is possible, however, is to buy Bitcoin or Ethereum with cash and then convert it to Cardano.

One of the most popular websites to use is LocalBitcoin. On this website it’s possible to connect with a seller and meet them locally to buy Bitcoin with cash. Granted, this is typically only a viable option for crypto traders living in big cities. However, it’s also possible to use a website like LocalCryptos which allows for bank transfers and even PayPal.

Of course, as with everything else in crypto it’s important to do your due diligence. Read previous reviews to ensure that the person you’re transacting with is not a scammer. Also, don’t transact with anyone who has a new account.

There is one other option, also, for people who would like to buy crypto locally. Bisq is an up and coming decentralized exchange that facilitates local trades, as well as crypto trades via bank transfer.

A lot of people are interested to find out where to store Cardano after they’ve bought it. They’ve heard that it’s unwise to keep ADA cryptocurrency in an exchange wallet but they’re not sure what the most secure wallet is. Well thankfully it’s not that hard to store Cardano safely!

The best place to store Cardano ADA is in a hardware wallet like a Ledger Nano S or a Trezor Model One. These hardware wallets are about the size of a USB thumb drive and worth their weight in gold. They are an extremely affordable way for the average crypto investor to safely store their ADA cryptocurrency.

The main security feature of a hardware wallet is that a transaction cannot be approved digitally. That is, before coins can be sent a physical button must be pressed on the device. That means that a crypto trader can plug their hardware wallet into the world’s most virus-ridden computer and their Cardano will be safe.

While some people are hesitant to pay for a hardware wallet, the unfortunate truth is that crypto theft is rampant and a Ledger or Trezor is the best possible way to protect your investment. For more information on hardware wallets please refer to this useful guide.

Another way to store your ADA coin is with desktop wallet. This is a digital-only wallet and while it’s not quite as secure as a hardware wallet, it’s cheaper and can be very safe so long as proper steps are taken.

One good option is the Daedalus wallet. This is Cardano’s opensource wallet, designed for maximum security and flexibility. With the ability to choose custom themes as well as install plugins, Daedalus is a great Cardano ADA wallet. Naturally it’s free to use, making it a good option for anyone on a budget.

One thing worth noting when it comes to Cardano security (or security for any cryptocurrency) is to always check the wallet address that you’re sending the coins to. Although it is not that common, there is a computer virus which replaces cryptocurrency addresses stored on the clipboard with a different address.

That is, if you copy an address and then paste it somewhere else, the virus will replace the address so that the funds get sent to the hacker. That’s why it’s so important to always double check the wallet address before you hit the send button.

Whether it’s a hardware or desktop wallet, when you create a new account you’ll be presented with a 12 or 24 word seed phrase. It’s extremely important to back up this seed phrase. In the event that you lose access to your crypto wallet (fire, flood, theft, etc.) the seed phrase will allow you to recover your funds.

Two things to keep in mind, however. Always keep the backup of your seed phrase in a separate physical location than where your hardware or software wallet (computer) is stored. That way something like a fire cannot destroy your crypto holdings.

Second, always write down your seed phrase on paper and make copies by hand. Never store your seed phrase anywhere on your computer or in your email. All of these can be hacked and if an attacker gets their hands on your seed phrase they can take all of your Cardano.

People want to know how to buy Cardano for good reason: it’s a very promising cryptocurrency project. Often times the success of a project can depend on the person leading it. With Charles Hoskinson heading Cardano the future looks bright. He’s an outspoken crypto advocate and the perfect person to push for the mass adoption of ADA.

Also, while Ethereum is working on Proof of Stake (POS), their solution may not be fully rolled out for another two years. In the blockchain world, where development is happening around the clock, two years is like a decade. Cardano, on the other hand, already has the Ouroboros consensus mechanism which they believe to be the best possible POS solution.

With 2021 shaping up to be the year of crypto now is the best time to buy. If you believe in Cardano it’s a good idea to buy some before prices go higher. Now that you know how to buy ADA coin there’s no excuse not to invest.

Finally, just as a small bonus, feel free to check out this visual Bitcoin block explorer that IOHK (Cardano’s parent company) has created. It is quite possibly the most elegant block explorer ever created and a real testament to the creative and coding ability of Cardano’s team. The smart contract war is far from over and it would be unwise to write off Cardano just yet; it could well prove the investment of a lifetime.

Bitzlato, the latest P2P Crypto Exchange to enter the African market, has added Lemonade.Finance , a borderless platform for Africa, as a payment method to its platform.

During the first month, Bitzlato will refund commissions in manual mode while using Lemonade Finance, but this will be automated at the end of this period. 

But that’s not all! Users in Nigeria will now also be able to send Nigerian Naira (NGN) to MPESA at a 0% transaction fee.

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Cryptofully enables Diaspora Nigerians to send money back home using bitcoin (and five other payment methods), which settles in naira in the recipients’ bank accounts.

Lagos-based Cryptofully allows Nigerians across the globe to send remittances to Nigeria using bitcoin (BTC), Dash (DASH), Visa, Mastercard, Google Pay, and Apple Pay.

Through the use of a local peer-to-peer network, Cryptofully is then able to convert the money transfers into naira (NGN) and settle them directly in the recipients’ bank accounts.

What’s more, Nigerians can use the Cryptofully app to seamlessly cash out bitcoin to naira. In light of the recent crypto banking ban in Nigeria, Cryptofully is providing a much-needed service for Nigerian bitcoin users.

Additionally, the mobile app (available for Android and iOS ) allows Nigerians to buy airtime and mobile minutes, and to pay for bills.

Sending remittances to Nigeria is incredibly simple using Cryptofully.

Diaspora Nigerians looking to send money can choose between six payment methods ( Bitcoin , Dash, Debit Card, Credit Card, Google Pay, and Apple Pay) to make their payments, while all remittances settle in naira on the recipients’ bank accounts.

Here’s how a bitcoin to naira money transfer works:

That’s how simple it can be to send bitcoin to naira money transfers using Cryptofully.

Whether it’s Elon Musk or Warren Buffet, cryptocurrency is the buzz word in the financial markets. Released in 2009, Bitcoin was the first decentralized digital asset and undoubtedly the most popular cryptocurrency to date. While Bitcoin and Ethereum are popular coins familiar to many, emerging altcoins, like the meme-based Dodge coin, or Shiba Inu coin are setting social media afire with the hopes of making people rich and/or working toward changing our world. An altcoin is defined as any token that isn’t Bitcoin. According to Bloomberg News, Ethereum is the most actively used blockchain. Like any investment, it’s imperative one does research, especially when it comes to crypto as it’s quite volatile and there is so much to learn regarding blockchain technology. Cryptocurrency can be bought in a variety of different places. Each platform doesn’t offer every coin and there are varying fees. You want to ensure wherever you purchase or trade your coins, it’s a secure platform to prevent your coins from getting stolen.

Once you’ve educated yourself on the coins, here are the top three places where you can buy them. Remember, no matter how exciting this seems, never invest more than you are willing (or able) to lose.

Coinbase

Launched in San Francisco, CA in 2012, Coinbase was one of the top 10 US IPO’s in history, making early investors, including Nas, very rich in April 2021. The platform is the world’s largest Bitcoin exchange and broker. You can buy popular altcoins on the platform as well, with the ability to purchase 32 different digital assets. Coinbase will even pay you in altcoins to learn about the specific coin! Your account can have as little as $2.00 and you can begin trading at that price as well. The fees to trade are between 0.5% to 4.5%, depending on the transaction, making it one of the higher cryptocurrency transaction fees for platforms on the market. Also, depending on your payment method, you’ll incur various fees. Your debit card will lead a 3.99% transaction fee, your U.S. bank account or Coinbase wallet has a 1.49% fee, while ACH transfers are free.  Coinbase also has Coinbase Pro, which has 36 cryptocurrencies to trade and contains more straightforward transaction fees. Coinbase only allows U.S. based transactions, in every state except Hawaii. The site platform is offering $5.00 in free Bitcoin for signing up.

eToro

Founded in 2007, eToro offers access to buy and trade 15 cryptocurrencies and recently made headlines for adding Dodge to their mix because of customer demand. Users can begin trading cryptocurrency at $50 and the platform operates in over 60 countries and in the United States, offers cryptocurrency trading in 38 states and two territories. The platform also allows traders to buy stocks, Contracts for Difference (CFD’s) on ETF’s, commodities, and indices; however, this isn’t available to U.S. citizens. eToro is the first social trading platform and allows users to talk to other eToro users about their trades, follow other traders, and even mimic trading strategies of other users. This is a great platform for individuals who are new to cryptocurrency trading and want to learn from more experienced traders or anyone who wants more information on the market in general. Fees to trade on eToro start at .75% for Bitcoin; however, the range is between 1.9% and 2.9%. eToro also offers a free digital wallet called eToro wallet for individuals that want to store their cryptocurrency and it’s available in iOS and Android. However, to convert your cryptocurrency into USD via the wallet will cost 5%, which is a pretty hefty fee.

Binance.US

Binance (BinanceUS for United States users) is a popular platform because of their low fees. The American version was launched in September 2019 in San Francisco. Depending on the payment method, fees range from 0.1% to 5%. There are more than 50 cryptocurrencies available to trade, even though it’s lower than it’s parent version, Binance, it’s still higher than many of the other U.S. exchanges. The trading minimum on this platform is $10.00 with a flat .1% spot trading fee. Binance.US offers three different trading platforms: Basic, Advanced and OTC, which allows for peer-to-peer trading. Peer to peer trading on Binance.US allows direct trading between buyers and sellers with no transaction fees. Instead, users are charged the spread between the buy and the sell price. While there have been no reported hacks in Binance.US, in 2019, the parent company, Binance reported $40M worth of bitcoins stolen, but they paid their users back in full. BinanceUS doesn’t have their own personal wallet; however, they use Trust Wallet (which is available on IOS and Android) and users can use their own choice of crypto wallet.

With Bitcoin down more than 25%, we’re sure there are no few Bitcoin (CRYPTO: BTC) holders wondering if this is the beginning of the end. What we want to point out is that, historically, every time Bitcoin has corrected it has always bounced back to produce mind-bending returns. Even the 2017/2018 implosion driven by the Chinese regulatory crackdown, a correction that shaved 85% off the price of Bitcoin at its low, bounced back, and look how much BTC has gained since. About 2060%. That’s not something to thumb your nose at. The point we’re trying to make is that Bitcoin may be down but it’s not out. The correction may deepen but we don’t think so and here are four reasons why. 

1) Bitcoin Is Still The Dominant Cryptocurrency - Even with Bitcoin’s dominance slipping in recent weeks it is still the leading cryptocurrency by market cap. Bitcoin, the original cryptocurrency, is worth about 50% of the $1.8 trillion cryptocurrency market and will likely remain #1 for a very long time. At worst, we expect this coin will fall to #2 or roughly equivalent with Ethereum (CRYPTO: ETH) over time but we also think these two ecosystems can exist side by side. Where Bitcoin is a very simple (relatively speaking) blockchain network with limited functionality Ethereum is intended to be and is a globally-scaled financial supercomputer. Simply put, Bitcoin is digital gold while Ethereum aims to be the infrastructure of global digital finance. Regardless, interest in both coins will rebound and one will aid the other. 

2) Bitcoin’s Hashrate Is Still Trending Higher - The hash rate, or the amount of computing power available in the Bitcoin network, is down in conjunction with price action and that is not unexpected. The takeaway is that the decline in hash power is in line with the underlying trend (strongly up) and ready to rebound as it has every other time hashing power has dipped. One reason we expect a rebound is the difficulty level. With the hash rate down so sharply the difficulty of mining a new Bitcoin is reduced and that will attract miners back into the network. Rising BTC prices will also attract Bitcoin miners back into the network.  There may be some volatility in this figure over the next month or two but by the end of the summer BTC hashing power should be back at new highs. 

3) Scarcity - Even with the ongoing mining activity Bitcoins continue to become scarcer. Not only are BTC’s lost every day they are often burned to produce value in other parts of the cryptosphere. At last look, there were about 18.7 million circulating Bitcoins of a total of 21 million Bitcoins possible to mine. Of those, at least 20% are lost or otherwise irrevocably irretrievable. What this means is that we know where these Bitcoins are, they are in a wallet recorded on the blockchain, but the keys to retrieve them are lost. There is no way to know where the wallet is, who owns it, or even how to get into it. We’re sure you’ve heard the stories. The takeaway, like most commodities the scarcer it is the higher the price. 

4) Acceptance - Bitcoin is in the midst of rapid acceptance by mainstream financial institutions. It’s been slow to build but over the past two quarters, there have been at least a dozen major financial institutions such as Morgan Stanley and Goldman Sachs who’ve come out to say they’re offering crypto-services. Along with this is the roll-out of Bitcoin/Cryptocurrency services by the likes of Paypal that includes pay-with-Bitcoin services for its 300+ million customers and 20+ million merchant clients. And then there is the Coinbase Global IP. Coinbase is the world’s leading cryptocurrency exchange and it’s only getting more popular. 

The price of Bitcoin is trading at a new low right now, but inside a range that we think will produce a bottom. This support range is consistent with prior lows that should produce a strong bounce. The indicators and price action suggest price may fall a little bit more but, with stochastic so oversold, the rebound may only be days away if not closer. In the near term, we expect to see BTC move sideways and bottom in the range of $45,000 to $50,000 before moving higher. Mid to long-term we see BTC moving back up to the $60,000 and breaking out with more conviction. 

Featured Article: Support Level

It’s been the biggest financial news for months.

It’s not the S&P 500 … or COVID-19 recovery plays. It’s not even tech stocks.

It’s cryptocurrency:

All of these digital currencies languished in 2020 only to push to new highs at the turn of the new year.

Couple that with the recent Coinbase Global Inc. (Nasdaq: COIN ) initial public offering and cryptos are all retail investors can talk about.

Pro tip: I recently asked chief investment strategist Adam O’Dell about investing in Coinbase. Hear what he had to say about it here.

But buying cryptos is not easy, and the market is extremely volatile. After reaching $63,000 just a week ago, bitcoin fell 12% in seven days.

That leads to my stock selection for today’s episode of The Bull & The Bear podcast: a blockchain ETF.

More on that in a second.

First, let’s see what led me to this selection.

Cryptocurrencies would not exist without revolutionary blockchain technology.

In simplest terms, blockchain is a digital ledger that is duplicated and can be spread across thousands of computers.

It makes it very difficult to change or hack the system because of how information is recorded and spread.

Cryptos use blockchain to operate without a central authority.

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Spending on blockchain technology was rather modest in 2018 and 2019.

However, analysts project companies will spend more than $41 billion on this tech by 2025 — a 1,225% jump from 2019 spending.

I have a way for you to capitalize on the blockchain boom.

The Amplify Transformational Data Sharing ETF (NYSE: BLOK ) is an exchange-traded fund (ETF) that invests in companies that research, develop and utilize blockchain.

This blockchain ETF is like investing in the core of cryptos without trying to find the perfect stock.

In this episode of The Bull & The Bear, I tell you why BLOK is a great investment that gives you strong exposure to blockchain technology.

Led by Adam O’Dell and a team of finance journalists, traders and experts, Money & Markets gives you the information you need to protect your nest egg, grow your wealth and safeguard your financial well-being.

You can listen to The Bull & The Bear on Apple Podcasts, Spotify, Amazon and Google Podcasts. Make sure to subscribe and leave us a review.

Be sure to also subscribe to our YouTube channel for more videos like my weekly Marijuana Market Update.

Have something you want us to talk about? Email thebullandthebear@moneyandmarkets.com and give us your thoughts.

Check out moneyandmarkets.com, and sign up for our free newsletters that deliver you the most important and unbiased financial news, commentary, and actionable advice.

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Matt Clark Research Analyst, Money & Markets

Matt Clark is the research analyst for Money & Markets. He’s the host of our podcast, The Bull & The Bear, as well as the Marijuana Market Update. Before joining the team, he spent 25 years as an investigative journalist and editor — covering everything from politics to business.

The Bitcoin Cash price is paring some of the losses it made during the American and Asian sessions. BCH is trading at $970, which is slightly above $945, where it declined to a few hours ago. It is about 40% above the lowest level on April 23. Bitcoin Cash has a total value of more than $18 billion.

What happened: Bitcoin Cash, like other altcoins, has a close correlation with Bitcoin. Since BCH trades at less than $1,000, many retail traders prefer trading it than BTC, which trades at more than $50,000. 

Therefore, in most periods, the BCH price tends to decline when BTC falls. And in the overnight session, Bitcoin declined as more investors rotated from BTC to Ethereum. Ether has surged to an all-time high of more than $3,200. 

So, what next for BCH price? In my view, this trend in May will depend on the overall BTC movement. It will also depend on the overall economic data from the United States and the Fed. If the US continues firing on all cylinders, the Fed could change tune on monetary policy. If it signals a change of tone, we could see some aggressive profit-taking and vice versa.

On the four-hour chart, we see that the BCH price has formed a double-top pattern. In technical analysis, this pattern is usually a bearish sign. Its neckline is at $952. Also, the price is between the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved below the ascending trendline. 

Therefore, in my view, we will likely see more BCH weakness in the near term. If this happens, we can’t rule out another drop to $860. However, a move above the double-top level at $1,035 will invalidate this trend.

Please don’t consider this investment advice. Views expressed here are those of the writer and the writer and InvestingCube will not be held liable for any losses.

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Cryptocurrency exchange with over 150 coins. As of Jan 18, Binance was the world's largest cryptocurrency exchange per volume.