It feels like the cryptocurrency market is warming up for a bull run, can you feel it? The growing excitement isn’t unfounded, as various market indicators…
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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In the last 30 days, Bitcoin’s market has increased 15% to $1.39 trillion. The rally after a long period of consolidation clearly shows the market’s strength.
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As the crypto market matures, early adoption of these new projects could provide a significant competitive advantage for investors.
Explore the list of best crypto presales demonstrating strong project fundamentals, innovative technology, and sky-high potential to generate wealth before the token actually goes live.
Crypto whales are always on the lookout for the next investment opportunity to grow their wealth. Recently, Dogecoin (DOGE) and THORChain (RUNE) whales cashed out their…