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Cryptocurrency News | The Official ChangeNOW Blog - Сrypto news, guides, ChangeNOW updates and more
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Crypto Expert, Price Predictions

Is Bitcoin About to Rally? End of 2020 Price Predictions

November 20, 2020

Over the past month, Bitcoin’s price has skyrocketed from roughly $9k US per token to over $18k US per token (up until the end of the article, all financial figures will be in US dollars). In this article, we will go through some of Bitcoin’s historical price trends, various high profile predictions for the end of 2020, the reasoning behind some of those predictions, and — most importantly — the implications behind those reasons. If you’re not yet a believer in the value of Bitcoin, this article may change your mind. And even if you do believe in Bitcoin, the digital currency’s enormous potential may surprise you.

Coin Review, Crypto Expert

The Basics of The Uniswap Token and Its Platform

November 18, 2020

Uniswap is Ethereum’s most popular decentralized exchange with US$2.1 billion secured in its contracts as of October 2020. This makes the Uniswap exchange occupy one-fifth of all value locked in all decentralized finance applications combined. With an average of 38,000 daily users trading daily on the exchange, it occupies 95% of all decentralized exchange (DEX) trading. In terms of trading volume, it translates to US$263 million daily. 

The governance token of the Uniswap exchange is called UNI. The token was introduced on 17th September 2020. Before delving deeper into the basics of the token, let’s have a look at its features and uses. It is important as UNI tokens derive their value from the current stronghold that Uniswap maintains in the decentralized exchange market. 

Crypto Expert

Retail and Cryptocurrencies

November 16, 2020

The early adoption of Bitcoin attracted a lot of investors shopping for it. However, there’s only a handful of merchants accepting Bitcoin payments at the moment. The most notable of them are Overstock.com, Microsoft, Newegg.com, and Reeds Jewelers Inc. Just recently, PayPal, the world’s biggest online payment platform, made the announcement on letting its users buy Bitcoins. This statement opened the doors for more than 425 million new Bitcoin users around the globe. 

Furthermore, the evolution of cryptocurrency has drawn the attention of many enterprises. Shopify, a multinational e-commerce company, is currently considering the option of moving into the cryptocurrency retail market. The company already supports payments in over 300 digital currencies (including Bitcoin, Ethereum, Litecoin, etc.).

For traders outside of the tech industry, the way they are diving into the world of cryptocurrency might seem like a moving wave. However, it’s crucial to have a clear understanding of the emerging technologies and the potential benefit they might bring to business. The more shopping sites accepting crypto payments will be designed, the more opportunities the retail market will get. 

Crypto Expert

Crypto Regulations in Different Countries

November 10, 2020

As cryptocurrencies become ubiquitous, more and more states and regional entities develop legal frameworks for digital assets. Some countries are working on their own regulations, while others turn to FATF (Financial Action Task Force) in search of regulatory guidance. As of November 2020, there are countries with more or less elaborate virtual assets legislation on every continent. Bitcoin regulations are bound up with international AML and CFT laws and reflect the state’s policy on exchanges, ICOs, taxation, mining, trading, digital assets’ status, and more.  

Guides and Tutorials

Choosing a Mining Farm Facility: Location, Cooling, and Accessories

November 6, 2020

Hi there! This is the series of articles where I share my experience with beginner miners. This time, we will learn more about mining farm locations, electrical wiring, Internet connection quality, and cooling requirements.

Crypto Expert, Guides and Tutorials

10 Ways To Stay Safe In the Crypto Space

November 3, 2020

Hundreds of scams happen every year: investors lose their money on shady ICOs and fake tokens, crypto novices get themselves into Ponzi schemes, crypto holders have their funds stolen on exchanges and from online wallets. In 2019 alone scammers stole over $4.26 billion from crypto holders! Sometimes it seems inevitable – if you own digital coins, you’ll get scammed sooner or later. Well, we think it’s not necessarily true. 

One can educate themselves about different types of cryptocurrency scams and avoid falling victim to fraud. Knowledge on the matter will help you detect a sham before it’s too late, protect yourself from the con men, and perhaps even contribute to their apprehension. So, how do you spot a crypto scam? Let’s dive into the murky world of crypto fraud and take a look at ten signs of suspicious financial ventures. 

Price Predictions

Stellar (XLM) Price Prediction

October 30, 2020

While it may seem like a lofty goal, improving today’s worldwide fiscal infrastructure is actually possible. Stellar Lumens (or XLM) is tailor-made for that very purpose. Stellar was developed six years ago, in 2014. XLM coin has come a long way from its humble beginnings, becoming one of the most famous and largest market cap cryptocurrencies in the market. For crypto trading enthusiasts, a Stellar Lumens price prediction is important to understand XLM investment contours.

This in-depth post will walk you through an XLM price prediction. It covers both the current price and the change that crypto traders can expect to see over the next five years.

Also, let’s discuss some details before diving into the Stellar prognosis. Please note that predictions are only a way of giving you some general ideas on the direction of a coin’s price. These predictions are always subject to possible future changes. Hence, read the post as a reference to what the price might be in the next five years, — but not as an absolute truth bound to occur.

News

FIO — All of Your Blockchain Accounts in One Place

October 28, 2020

ChangeNOW, the non-custodial cryptocurrency exchange service that offers limitless swaps for more than 200+ currencies, is happy to announce the integration of FIO protocol into its exchange process. Now anyone with an FIO address can use it instead of entering their usual blockchain wallet address – which might be hard to remember and easy to mistype. Let’s explain what FIO protocol is and how it makes crypto transactions easier.

News

What Happened Yesterday? A Statement

October 28, 2020

We are avid fans of the XRP community and do our best to make sure that the XRP fans (and anyone, really) who come into contact with ChangeNOW in any way are safe and sound. During our existence, we have managed to prevent more than $1m worth of XRP from being stolen through hacks and scams. 

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