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Cryptocurrency/Blockchain Questions and Answers

There are many questions that are asked when it comes to Cryptocurrency and Blockchain Technology issues. We at E-Crypto News want to have answers to those questions, we will on this page try to give you the best answers we can come up with.

What is Ethereum Faucet?

An Ethereum Faucet is a reward system that is designed to award users Ethereum for completing tasks like solving captcha. Anyone who wants to own some Ethereum but they do not have enough money to buy any or acquire a mining rig; they can…

What is a Emollient Coin?

Emollient coin is a cryptocurrency that runs on the Bitcoin platform but which functions like a peer to peer decentralized cloud storage. Decentralized storage means users who join this network are able to store data and information on…

What is the meaning of ICO?

ICO is an abbreviation for Initial Coin Offering. It’s the cryptocurrency industry’s similar to Initial Public Offering (IPO). An ICO is simply a way of raising funds, and that’s why every company intending to raise funds to develop an app,…

Where is the Blockchain Used?

Blockchain is widely known for its role in facilitating the rise of cryptocurrencies in the past decade, But there are many other non-cryptocurrency uses for this technology exist.For several years now, blockchain has been described as…

Are Bitcoin Losses Deductible

Most crypto investors and traders are trying to recover from the red. The recovery experienced since the start of 2020 was brought to a screeching halt on March 12 as Bitcoin lost almost 40% within 48 hours. The general cryptocurrency…
bitcoin
Bitcoin (BTC) $ 6,940.50
ethereum
Ethereum (ETH) $ 157.82
ripple
XRP (XRP) $ 0.191627
tether
Tether (USDT) $ 0.999822
bitcoin-cash
Bitcoin Cash (BCH) $ 237.31
bitcoin-cash-sv
Bitcoin SV (BSV) $ 191.21
litecoin
Litecoin (LTC) $ 42.70
eos
EOS (EOS) $ 2.52
binancecoin
Binance Coin (BNB) $ 13.97
tezos
Tezos (XTZ) $ 1.95