Sithum Chathumina
Bio
I am an experienced cryptocurrency trader and I am an expert in trading
Stories (230/0)
Cryptocurrency has an impact on economies. That’s why some are afraid of it – and some welcome it
One month into 2022 and the discussion on digital money is now warming up, with calls for guidelines causing a crack between wards that are "crypto-accommodating" and those that aren't. Which will decide the fate of the market?
By Sithum Chathumina2 years ago in The Chain
Crypto countries Nigeria and El Salvador’s opposing journeys into digital currencies
We plunge into the universe of crypto and computerized monetary forms and investigate two nations moving toward them in altogether different ways in this episode of The Discussion Week by week. What's more, in the event that the most recent Grid film has left you contemplating whether we are truly living in a reenactment, we converse with a scholar on the long history of that thought.
By Sithum Chathumina2 years ago in The Chain
Bitcoin’s strength lies in its libertarian status
A fierce most recent couple of months have seen various pieces reporting the finish of Bitcoin, its unavoidable breakdown, or the blasting of the air pocket. Analysts are overlooking what's really important: the way into Bitcoin's amazing versatility lies beyond conventional monetary reasoning.
By Sithum Chathumina2 years ago in The Chain
Bitcoin’s dilemma go mainstream or stay radical
Bitcoin devotees and freedom supporters the world over are in a mess about the gradualness with which the rest of the world is getting on to their better approach for trading cash. Yet, controllers and administrators are currently, bit by bit, acknowledging they need to take care of this developing monster, regardless of whether they very understand what that something is.
By Sithum Chathumina2 years ago in The Chain
Bitcoin shakes off Silk Road shutdown; so what now for the Deep Web
In a disaster for the prospering economy of illicit businesses on the Web's supposed "Profound Web", exchanging website the [Silk Road](http://en.wikipedia.org/wiki/Silk_Road_(marketplace) has been closed somewhere near the US policing, and its supposed proprietor 29-year old Ross Ulbricht, professed to be website's pioneer, "Fear Privateer Roberts", captured in San Francisco.
By Sithum Chathumina2 years ago in The Chain
Bitcoin is a pirate’s booty or the new global currency
On July 19, Specialist Nefario, the organizer behind the Worldwide Bitcoin Stock Trade, showed up at the Seattle air terminal and was inquired as to whether he had sufficient cash to cover his visit to the US.
By Sithum Chathumina2 years ago in The Chain
After a big year for cryptocurrencies, what’s on the horizon in 2022
The year 2021 was separated by a couple of huge jumps in advances for computerized monetary standards. Taking everything into account, new crypto applications like non-fungible tokens (NFTs) gained ground, with arrangements of these high-level assets laying out new guidelines at critical closeout houses. Plus, Bitcoin made progress towards the standard affirmation with critical locales like Expedia and Microsoft enduring the coin with the end goal of exchange. Third, in September, El Salvador transformed into the essential country in the world to recognize bitcoin as a legitimate fragile.
By Sithum Chathumina2 years ago in The Chain
Stablecoins these cryptocurrencies threaten the financial system, but no one is getting to grips with them
Digital currencies have had a remarkable year, arriving at a joined worth of more than US$3 trillion (£2.2 trillion) without precedent for November. The market appears to have profited from the general having opportunity and willpower on their hands during pandemic lockdowns. Likewise, huge venture assets and banks have stepped in, not least with the new send-off of the first bitcoin-upheld ETF - a recorded asset that makes it simpler for additional financial backers to get openness to this resource class.
By Sithum Chathumina2 years ago in The Chain
What is Bitcoin’s fundamental value?
As it hits new highs, there is no deficiency of intense forecasts about Bitcoin arriving at US$100,000 or more. Frequently these depend on not substantially more than extrapolations by individuals with personal stakes: the cost has gone up a ton so it will continue onward up. Assuming it gets over its past high, it should continue onward up.
By Sithum Chathumina2 years ago in The Chain
The Ethereum merge could kick off a transformation in crypto’s battered reputation
Digital forms of money could in any case be far from their highs of 2021, however, a portion of the significant ones have organized a few good recuperation in recent months. Strikingly, ether (ETH), the second biggest digital currency after bitcoin, is exchanging at nearly US$1,700 (£1,463) at the hour of composing, having dropped as low as US$876 in mid-June.
By Sithum Chathumina2 years ago in The Chain
The metaverse is money and crypto is king – why you’ll be on a blockchain when you’re virtual-world hopping
You might think the metaverse will be a lot of interconnected virtual spaces - the internet however got to through computer-generated experience. This is generally right, yet there is likewise a basic however somewhat more enigmatic side to the metaverse that will separate it from the present web: the blockchain.
By Sithum Chathumina2 years ago in The Chain