The concept of leverage has been used in other financial markets in various contexts, ranging from trading stocks to derivatives and even cryptocurrencies. The main purpose of leverage is to increase the opportunity for returns, whether in business, personal finance, or investments. However, it should only be used after understanding its pros and cons clearly. Also Read: Cryptocurrency Regulations Worldwide What Is Leverage in Crypto Trading Leverage is the utilisation of borrowed capital to engage in the trading of financial assets, including cryptocurrencies. By employing this strategy, one can augment their purchasing or selling capacity, enabling them to execute trades…
Author: Scott Faulkner
Social media is the new norm in our society, with every individual using it for various purposes. Twitter is the best example today that people from every walk of life use for their business and updates. You can also follow your favourite influencer, including crypto influencers for better learning. Twitter is under the ownership of a renowned personality, Elon Musk. It seems unfair When discussing social media, and there is no discussion of Mark Zuckerberg. Most of the top social media platforms belong to Meta owned by Zuckerberg, including Facebook, WhatsApp, and Instagram. There is not a single platform that…
In recent years, the digital currency, Bitcoin (BTC), has gained impressive attention. It has emerged as an innovative exchange tool with its unique blockchain-based technology. A crucial part of the Bitcoin system is its creation or “Mining”, which happens in locations known as Bitcoin farms. The process of mining Bitcoin is intriguing, opening the gates of participation to anyone with the right resources. However, this digital revolution is not without its challenges. The energy-intense operations of Bitcoin farms pose significant environmental considerations, marking a critical crossroad for our digital future. This journey into the Bitcoin mining process brings together technology,…
“Mod”, is short for modification. In gaming instances, the players create new content in-game instead of the developers. As the name implies, players create mods by modifying existing in-game content. Mods are an integral factor in gaming, letting players add to the games they adore. At the best of times, mods provide players access to a virtually unlimited supply of content in practically every way you can imagine. Predominantly, PC games are mods’ favourite hunting ground. Among Us — one of the biggest games these past three years, has brought forth an abundance of mods. For instance, Among Us mods…
Since crypto went mainstream, gaining popularity for its utility and decentralised nature, there has been debates about categorising it as a financial instrument. Some experts argue that it is a commodity, while others maintain that it is a security. As securities and commodities are regulated separately in many countries, crypto regulations have been a tricky topic for financial experts for many years. Nevertheless, some breakthroughs have recently been made, as different countries have developed various methods for crypto regulation. Also read: A Beginner’s Guide: What Are Crypto Bubbles? Cryptocurrency Regulations in Major Countries/Regions Today, regulations play a crucial role in…
In the year 2023, we find ourselves standing at the forefront of a new era — the AI-robot revolution. With exponential advancements in artificial intelligence and robotics, the world is witnessing a remarkable transformation in various industries and sectors. This revolution is characterised by the unprecedented empowerment of AI-driven machines, their increasing autonomy, and the boundless possibilities they bring. One of the key driving forces behind this revolution is the rapid development of AI technologies. Machine learning, deep learning, and neural networks have become the cornerstone of AI’s capabilities. These technologies enable AI systems to process vast amounts of data,…
Cryptocurrency is on the rise, with new users becoming crypto enthusiasts. This crypto fame is evident and inevitable due to its potential to turn the financial gameplay of an individual. Since cryptocurrency is a financial asset, it needs a place to enable a person to store their owned crypto for trade or a long-term investment. Like other financial assets, cryptocurrency also needs a wallet to store them. Therefore, crypto wallets are important for any crypto enthusiast to complete their crypto investment process. Many programmers strive daily to develop safe and efficient methods to improve crypto wallets. We have a plethora…
Mama Mia, how long have we been starving for another scrumptious cooking game since the release of Overcooked 2 in 2018 — Our appetite is now satisfied thanks to “Tour De Pizza”, the small studio developer behind this eccentric and exhilarating game. Released on January 26, 2023, Pizza Tower takes inspiration from the Wario Land Series, as the mechanics may seem familiar to us. However, if a relaxing cooking game is what you were expecting, such as cooking and serving the customers, your brain is about to be fried. According to us at Player.me, Pizza Tower is the single wildest…
As the world races towards a digital future, traditional banking is being reshaped by the rise of cryptocurrencies. In this era of decentralisation and financial liberation, finding a crypto-friendly bank becomes paramount. But with countless options crowding the market, which banks stand out as the true pioneers of this crypto revolution? Brace yourself as we unveil the seven best crypto-friendly banks to use in 2023, where your digital assets are embraced and empowered. Say goodbye to the shackles of traditional finance and embrace a new era of financial freedom. But before diving into our top choices, let’s explain crypto-friendly banks. …
The cryptocurrency market has been witness to several instances of bullish rallies of assets which have experienced a drastic rise and a consecutive fall. But is this phenomenon normal? The answer is no. It is not normal to experience such cycles in the crypto market. In economic lingo, these dramatic financial cycles are known as “Bubbles”. Also read: How to Set Up a Crypto Wallet? Crypto Bubbles: Explained The cryptocurrency market has witnessed several instances of speculative bubbles, where the perceived value of cryptocurrency assets exceeds their hypothetical worth. Economists and prominent investors have expressed concerns about the speculative nature…