More Than Finances

All about cryptocurrency, all the time.

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Coin Market Cap: Correlation Between Cryptocurrencies

cryptocurrency market cap

The correlation between the coins is calculated using a correlation coefficient, which shows the strength of the correlation. A correlation of +1 implies a strong correlation, correlation of -1 implies the pair will move in opposite directions and a correlation of 0 suggests no observable linear relationship.

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Ripple’s XRP and Ethereum’s (ETH) Market Caps: Is XRP a Better Investment Than Ethereum?

Ripple's XRP and Ethereum

Ripple’s XRP and Ethereum

Ethereum has had a fairly dramatic and complex journey in the crypto sphere. It is expected when the hopes of many are in the altcoin. With a market cap of $14,010,648,219 USD and circulating supply of 105,221,701 ETH appears to show prospects of significant future growth as it still has space to reach and possibly surpass all-time-highs of $1,448.18. Read More

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What Does Market Cap Tell You About Cryptocurrency?

cryptocurrency market capMarket capitalization of cryptocurrency represents the dollar value of the currencies circulating coin supply. It is calculated by multiplying the price per coin by the total coins in circulation. While market capitalization can be an indicator of the value of a cryptocurrency, it does not always represent its real value. A lot of times, digital assets can be overvalued or undervalued.

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What You Should Know About Brave Browser’s BAT Cryptocurrency

bat cryptocurrency

BAT (Basic Attention Token) is the product of Javascript creator and Mozilla Firefox co-founder Brendan Eich. Eich made Brave Browser to give internet users a browser that is private, secure, and fast. With ad-blockers, fast loading times, and a user-friendly advertising ecosystem, Brave sets itself apart from the competition. On its website, it poses a question, “You are not a product. Why use a browser that treats you like one?”. Brave promises a reward system for publishers and advertisers which could, in the future, lead to an increase in the value of the platform’s cryptocurrency, BAT.

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Should You Invest in Grin Cryptocurrency?

grin cryptocurrency

From all-time highs of $261.65 to lows of $4.57, Grin made its ripples in the blockchain community despite little awareness of the cryptocurrency. Its website says it empowers anyone to transact or save modern money without the fear of external control or oppression. If one didn’t know better, they’d assume this was some sort of anarchist movement. They’d be wrong.

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