The team at Cryptnox has a clear plan to change how individuals and businesses manage their cryptocurrencies. Focusing on convenience and security, their crypto-innovative hardware wallet solutions cater to the needs of both consumers and businesses. Cryptnox changes the way key management works, offering a seamless experience for consumers and providing a crypto-friendly solution for businesses. This Swiss-based company is establishing itself as a trusted name in the ever-evolving world of blockchain technology. Reimagining Key Management in the World of…
Pump & Dump
Understanding the Supply and Demand in Cryptocurrencies
Cryptocurrencies are units of exchange and hold value because people decide they do. While any other currency or asset type does not back others like Bitcoin, stablecoins are backed by such currencies or assets to stabilize them against the highly volatile nature of the digital currency. According to the law of demand, all other factors withstanding, highly-priced resources have less need. Similarly, the law of supply states that the quantity supplied is directly proportional to the price. Therefore, this means…
4 years ago 2.8 k views
What are Cryptocurrency Pumps and Dumps?
Pump and dump schemes are typical in the microcap stock market and are now making their way into the cryptocurrency industry. Although these schemes provide an excellent way of making a quick profit, they are risky. Unfortunately, new crypto investors don't know much about these schemes and often fall prey to the scams. Trading in cryptos is risky; therefore, it helps to know what to avoid and how. This article will delve into the details of the cryptocurrency pump-and-dump schemes. What…
4 years ago 2.4 k views