Cryptocurrency, a term once reserved for tech enthusiasts, has now entered the mainstream lexicon. As more individuals and institutions warm up to the idea of digital assets, the need for platforms to buy, sell, and trade these assets becomes paramount – enter crypto exchanges. But what is a crypto exchange, and how do they function?…
The world of cryptocurrency is ever-evolving, with new digital currencies launching frequently; however, the question that intrigues every crypto enthusiast is, “What is the next gen crypto coin that will redefine the digital asset space?”. In this article by The Crypto Basic, your go-to source for crypto news, we aim to shed light on the…
Cryptocurrencies have not only changed the way we look at assets but also brought in a new set of complications when it comes to tax reporting. The tax laws surrounding cryptocurrencies can be complex and are continually evolving. In this guide, brought to you by The Crypto Basic, we delve into the critical aspects of…
In a market characterized by rapid shifts and emerging trends, Bitcoin SV (BSV), Bitcoin Cash (BCH), and ScapesMania are carving their distinct paths. With Bitcoin’s recent decline impacting market sentiment, these currencies face unique challenges and opportunities. Bitcoin SV (BSV) and Bitcoin Cash (BCH), as offshoots of Bitcoin, navigate through market changes, while ScapesMania (MANIA),…
The declining performance of Aave (AAVE) and Litecoin (LTC) over the preceding term has inspired numerous holders to seek more lucrative investments in the broader crypto sphere. Thus, many crypto enthusiasts have started to take note of VC Spectra (SPCT) as one of the top crypto coins in 2023, based on this hidden gem’s extraordinary…
The feeling from many traders and investors in the past few days in the market has been that the price of Bitcoin is most likely to retest the region of $34,000 as the price of Bitcoin continues in its range of price movement within the region of $36,800 to $35,900. The current price action for…
The sensational crypto token Shiba Inu has attained a significant milestone in the crypto payment landscape. In a recent tweet, leading payment processor CoinGate proudly declared that Shiba Inu (SHIB) has become one of its platform’s most widely used payment methods. CoinGate highlighted Shiba Inu’s achievement while marking the second anniversary of welcoming SHIB into…
The cryptocurrency market is currently experiencing a rollercoaster, with Bitcoin’s recent dip and several other major goings-on. Notable coins, including Polygon (MATIC), Litecoin (LTC), and the emerging ScapesMania (MANIA) are each navigating through these turbulent times in different ways. The news that Bitcoin could see significant capital inflow next year is sure to have an…
Celestia (TIA), among other top altcoins, has exhibited a period of excellent performance due to its recent network upgrade. Meanwhile, VC Spectra (SPCT) has introduced a new bonus campaign to enhance user activity. On the other hand, THORChain (RUNE) is working towards its lending strategy to become the best crypto investment. Let’s find out which…
Ripple CTO David Schwartz has revealed that the XRP Ledger (XRPL) is moving towards real world asset (RWA) tokenization, a scene pursued by prominent firms such as JPMorgan and Bank of America (BoA). Schwartz made these remarks while discussing the journey of the XRPL in a recent interview. He expressed his satisfaction with the fact…