Quick Guide To Token Sales For Traders And Investors

What is an Initial Coin Offering (also known as a token sale)? An Initial Coin Offering (ICO), also known as a token sale, is a method that is used to generate funds for a cryptocurrency venture. This offering can be used by startups to skip the rigorous and controlled capital-raising procedure demanded by venture capitalists … Read more

Cryptocurrency Definitions: Bitcoin Gold

bitcoin gold

Bitcoin Gold (BTG) was first suggested by Jack Liao in May 2017. This new version of Bitcoin involves the shifting of the hashing algorithm to utilize Ethereum’s installment, opening up mining capacities into consumer grade hardware, allowing everyday users to mine the new money. The goal of Bitcoin gold is to become a better “gold” … Read more

Cryptocurrency Definitions: Bitcoin Fork August 2017

On August 1st, 2017, a divergence in the bitcoin blockchain was created. This created a new bitcoin token on the blockchain in addition to the bitcoin from the original chain: Bitcoin cash. Everyone who owned the original bitcoin kept their existing tokens, but also received bitcoin cash tokens on the day of the split. There … Read more

Cryptocurrency Definitions: Initial Coin Offering (ICO)

ico

An Initial Coin Offering (ICO) is an unregulated method that is used to generate funds for a cryptocurrency venture. This offering can be used by startups to skip the rigorous and controlled capital-raising procedure demanded by venture capitalists or banks. When a cryptocurrency start-up company would like to raise money through a First Coin Offering … Read more

Bulls on Crypto Street Trading September-October Recap

It has been an incredible last few weeks in the Bulls on Crypto Street chatroom. There has been some incredible moves in NEO, Bitcoin, Litecoin, and Ethereum. Every day we analyze what cryptos have the potential to make explosive moves that day, how we can find entries with the best risk reward, and develop trading plans … Read more

Cryptocurrency Definitions: Block Reward

block reward

Block reward refers to the new cryptocurrency tokens distributed by the network to miners for each successfully solved block. Essentially, it entails solving a computationally tough math equation to find a new cube, which can be added to a blockchain, and getting a reward of couple bitcoins or other crypto currencies for solving the problem. … Read more

Cryptocurrency Definitions: Ripple

Ripple (XRP) is a technology which functions as both a cryptocurrency plus also a digital payment system for monetary transactions. The cryptocurrency was co-founded by Jed McCaleb and Chris Larsen in 2012. To comprehend the way the system operates, look at a money transfer arrangement at which both parties on each end of this trade … Read more