What is a cryptocurrency and how does it work?

A cryptocurrency is a digital asset that can circulate without the centralized authority of a bank or government. To date, there are 22,023 cryptocurrency projects out there that represent the entire $878 billion crypto market. Deposit $100 and get a $10 bonus! (US Only) 1. Bitcoin (BTC)

What is the global crypto market cap?

The global crypto market cap is $1.54T, a 2.85% increase over the last day.

What happened to crypto-friendly banks?

The collapse of two crypto-friendly banks this month, Silvergate Capital Corp. and Signature Bank, complicates the picture. Their failure was a setback for crypto companies that relied on the banks to convert digital currencies to U. S. dollars.

Is crypto a secure currency?

“The best-known crypto, Bitcoin, is a secure, decentralized currency that has become a store of value like gold ,” says David Zeiler, a cryptocurrency expert at financial news site Money Morning. “Some people even refer to it as ‘digital gold.’” Using crypto to make purchases securely depends on what you’re trying to buy.