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What Is Coinbase?
Among the many renowned cryptocurrency exchanges across the globe, Coinbase is one of them. It was the highest funded bitcoin startup, launched in San Francisco In the year two thousand and twelve. A year after the launch, it became the greatest crypocurency exchange throughout the world. As per now, in thirty-two various countries across the globe, Coinbase attends to more than ten million traders. This is the most secure online platform where you can buy, sell, transfer and even store your digital currency.
How to trade on Coinbase
First, you have to create a Coinbase account. It is not as hard as you may think; as you only have to visit their website, fill in your personal information such as your name, email and the password you will be using for the same. After that, you have to check your email, to find out the confirmation email, which then you shall confirm.
The next step will be to tell Coinbase the type of account you want to create. Most likely, you will select between individual and business account. Then set up the payment method f that I will be favorable for you, for instance, you can enable the two-factor authentication.
You will enable the 2-factor authentication by ensuring that you supply your phone contact, which will be followed by setting up a payment method. Your payment method is up, and now it is time to get started with purchasing the cryptocurrency tokens. It is recommended to start by buying some Coinbase bundle.
What is a Coinbase Bundle?
Coinbase exchange is now offering five available cryptocurrencies namely litecoin, ethereum classic, bitcoin cash, and bitcoin. This bundle of coins will give you an opportunity to split your investments into percentages as follows: 2.33% of litecoin, 15.58 of ethereum, 0.78% of etherum classic, 75.2% of bitcoin and 6.11% bitcoin cash.
Coinbase Fees and Transactions
The Coinbase fees will range from 1.49 to 3.99% based on the method of payment you will be using. It is worth noting that credit cards are quite faster, but they can incur higher charges as compared to bank transfers.
Depending on your location, you will have different transaction limits applying to your account, and you can check them on your screen. Verified residents from Europe, can contract up to $30,000 weekly, while the U.S ones transact up to $50,000 weekly.
Coinbase Custody
Coinbase has a pioneering custody program, which is enjoyed by organizations which trade with them. It only takes holding at least $ 10,000,000, and then set up which needs $ 100,000 and you can enjoy it too.
Coinbase Shift Card and UK Bank Purchases
The UK bank and shift card are two essential parts of Coinbase. They are necessary as you can use them, especially the visa debit, in doing some transactions in various stores that allow the use of visas. If you are U.S resident, you can link your bank account to Cubase, and use it to purchase cryptocurrency tokens promptly.
Coinbase Pro
The pro-section used to be GDAX, and it is meant for the expert traders. It automatically comes together with your Coinbase account and will help you at an advanced level.
Paradex Acquisition
Coinbase bought a cryptocurrency exchange known as Paradox and it is focused on the ERC20 tokens, which are the utility tokens in various ICOs. Once they are fully merged with Paradex, Coinbase will integrate the option of purchasing ERC20 souvenirs recently acquired another cryptocurrency exchange called Paradex, which focuses on ERC20 tokens. You will perhaps recognise the ERC20 tokens as the utility tokens found in many ICOs. Coinbase plans to integrate the option of buying ERC20 tokens once they are fully merged with Paradex.
If you have investing needs, Coinbase is one of the best platforms to invest. If you are doing a lot of trading, this is also the way to go. Open your account today, and see the significant impact of Coinbase.
What is WEX?
WEX is an exchange platform that was founded in 2017, although many would argue that it is a re-branded BTC-e after its closure due to some legal difficulties. FBI accused BTC-e for money laundering and other crime related actions that are illegal in most of countries and forced to closure of exchange. However former BTC-e accepted US based investors and WEX does not do that.
Wex Review
New WEX exchange was founded in financial capital of Far East in Singapore, and it obeys only to the local regulations. And in Singapore cryptocurrencies are approved by Monetary Authority of Singapore (MAS) and classified as security. The only regulation required in this country is SFA standing for Securities and Features Act.
How to open an account on WEX
Getting an account on platform is not the easiest process among other platforms. So to open up an account firstly users need an active email and after that to feel 2 step verification. Also platform requires in case of need to provide ID and home country address and even selfie picture with your ID or passport for proof of document.
What can you trade on WEX?
It is very easy for new users to enter the platform, it can be done with both fiat or cryptocurrency since both of them are supported. Platform unquestionably accepts major coins like Bitcoin, Ethereum and Litecoin but also supports many altcoins like Zcash, Peercoin, Bitcoin Cash, Novacoin, Dash and Namecoin. Although credit cards are very popular among traders Wex does not support any transactions on cards.
What are the fees on WEX?
Similar to other exchange platforms Wex generates profit from charging users a commission fee for transactions. Developing new account is completely free both for individual users and corporations however depositing any amount will cost users at least 20 USD/EUR and industry standard 0.2% for trading betwee different tokens supported by platform.
The WEX platform
WEX is a very young platform and for now it offers just a trading platform and nothing more. It is good for attracting new comers to crypto currency market with the simplicity in interface design. It has only place to sell and place to buy and no place for advanced charts on statistics. That is the reason why platform is not popular among more experienced users who need to see on time statistics on platform.
WEX security
Today crypto exchange platforms are becoming more like a traditional banks with the billion dollar operations. And as any bank they are more and more being targeted for heist by hackers. It is hard to guarantee full security even if the platform is in such technologically advanced countries like Japan or South Korea. As it is mentioned before WEX takes serious steps on securing its users and very carefully accepts new users. Exchange reported that in the first month of the year they handled over 100 hacker attack to their user accounts.
Conclusion
It is absolutely clear that WEX is much improved version of its ancestor and it had learned all lessons from past experience. However it still has long path of overcoming prejudices regarding its former users and customer who cannot access their accounts. Even though platform enhanced its security technology it lack many other aspects of exchange platforms and WEX have to work hard to compete with other more established players on market.
Connecting Online Sentiment Towards the Cryptocurrency Industry with Global Market Capitalisation
Recently, BlockchainDefender released a report examining the impact of online sentiment on the cryptocurrency industry, including how it affects the industry’s global market capitalisation. The report takes advantage of BlockchainDefender’s experience of analysing online sentiment.
Online Sentiment Affects Market Capitalisation
The first study in the BlockchainDefender report confirms that online sentiment towards cryptocurrency impacts the industry’s market capitalisation. The report illustrates this connection via a graph with different lines for search volume, sentiment and market capitalisation. The three lines all move together, both in terms of increases and decreases. This correlation is most obvious in the rises of late 2017 and the dip from January to March 2018. The last several months of the graph shows all figures stabilising.
Differences in Online Sentiment by Country
The report looks at the online sentiment regarding cryptocurrency in Japan, the USA, Germany and the UAE. Of these, the USA has the most negative sentiment and Japan has the least. The report indicates that most negative online sentiment comes from cryptocurrency industry news websites, social media platforms, blogs, forums, crypto review websites, and crypto company directories and websites.
Online Sentiment for Specific Cryptocurrencies
BlockchainDefender also examines individual cryptocurrencies in the report. Looking at Bitcoin in the same four countries, the most positive results are in the UAE, followed by Germany, the USA, then Japan. The most negative results are in the USA, followed by Germany, the UAE and Japan.
From a global perspective, Iconomi is the cryptocurrency with the most positive online sentiment. Bitcoin Cash sits at the other end of the spectrum with the most negative online sentiment.
The report ends with a look at online sentiment for a specific yet unnamed cryptocurrency that faced a hacking attack and subsequent crisis in 2018. Following the crisis, positive online content decreased while negative online content increased. Interestingly, these changes were more significant in the West than in the East.
Online Sentiment Towards Traditional and Cryptocurrency Exchanges
BlockchainDefender also evaluates online sentiment towards cryptocurrency exchanges with the sentiment towards traditional exchanges that are well-established. The team analysed data in four countries regarding ten of each exchange type. The analysis indicates that Google search results have much more negativity for cryptocurrency exchanges than traditional exchanges.
The report indicates that a key influence in this disparity is the lack of ownership of online sentiment for cryptocurrency exchanges. While traditional exchanges have ownership of 34.88% of their search results, crypto exchanges only own 17.75% of their results. That leads to a reduction in control, which translates to more online negativity.
The BlockchainDefender crypto industry report is available to view or download online.
If you’re into trading with cryptocurrencies, then you probably have a hardware wallet to store them in. For the uninitiated, however, the market for hardware wallets can be difficult to navigate. In this article we’ll take a look at four of the most popular hardware wallets on the market right now, and look at the features of each one.
Coolwallet S
The Coolwallet S is a fascinating invention. As opposed to most other hardware wallets, it has been designed to be thin and small enough to fit in your actual wallet next to your credit cards. It also comes with an e-paper display (like the first Kindle e-readers) that allows you to view your balance and make transfers when you are out and about. The wallet supports the most popular cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. The best part about the Coolwallet S is that you don’t even need a computer to use it. Simply download the Coolbitx app for your phone, and you can connect to the wallet via Bluetooth.
Ledger Nano S
If you are looking for a hardware wallet that can hold the largest number of different cryptocurrency tokens, then you should check out the Ledger Nano S. Ledger, the French company behind the wallet, are constantly adding support for new cryptocurrencies. They add new tokens so often that they have even made a hashtag to go with the regular expansions. #FirstTuesdayCrypto is used on the first Tuesday of every month when Ledger adds support for new tokens. The first expansion under this hashtag included rather obscure tokens like RSK, Kowala, Ontology, Vechain, Icon, PoA, Wanchain, and Particl. Naturally, all the most popular tokens like Bitcoin and Ethereum are covered. What’s more, all ERC20 tokens are covered as well. This means that the Ledger Nano S can hold most tokens created by ICOs. There has been some criticism of the software, but it has not stopped the wallet from gaining in popularity.
Keepkey
A lot of people want to get into cryptocurrency, but feel like they are lacking the technical knowledge to understand it properly. Keepkey is a hardware wallet that is designed with those people in mind. It works straight out of the box, and is durable enough to withstand being dropped and thrown around. It is not as practical as the Coolwallet S and can’t hold as many different kind of tokens as the Ledger Nano S, but it’s simplicity is a strong selling point. More importantly, however, there is no issues with connectivity like there is with the Ledger Nano S. Keepkey supports the most popular cryptocurrencies like Bitcon, Ethereum, Litecoin, Dogecoin, and Dashcoin. Like the Ledger Nano S, Keepkey also supports ERC20 tokens, so you can use it to hold most ICO generated tokens. The parent company of the Keepkey manufacturer is Shapeshift, so the wallet is also integrated with their software.
Trezor Model T
The Model T from Trezor is perhaps the best cryptocurrency wallet if you are concerned about safety. The Trezor Model T has a wide range of security features that will put your mind at ease. Some of the featured includes a bootloader that is write protected, and that verifies all firmware signatures. It also supports BIP39 passphrases.
An artist shared a bitcoin-related video. She showed how people should transact with Bitcoin using the Cash Application. Megan Thee Stallion is the rap artist who took the approach. She decided to teach her followers about the whole Bitcoin craze. She says that her upcoming projects shall shock the world. People are likely going to experience amazing energy, she adds.
Megan Jovon Ruth Pete, Megan Thee Stallion’s real name, is an American rapper. She originates 
from Texas. She is growing courtesy of freestyle videos raising her popularity on social platforms. With over 24 million followers, Megan has very strong beliefs. She believes that the reckons evolving around the rap community will come to an end. The rapper is aware of the homophobia that’s causing hatred. This depicts fear among Lesbian, Gay, Bisexual and Transgender individuals. Thee Stallion teased her newly found Bitcoin. She also shared her opinions about LGBTQ. The rapper was more concerned about their acceptance in the community. This comes just after DaBaby’s view on people with HIV.
from Texas. She is growing courtesy of freestyle videos raising her popularity on social platforms. With over 24 million followers, Megan has very strong beliefs. She believes that the reckons evolving around the rap community will come to an end. The rapper is aware of the homophobia that’s causing hatred. This depicts fear among Lesbian, Gay, Bisexual and Transgender individuals. Thee Stallion teased her newly found Bitcoin. She also shared her opinions about LGBTQ. The rapper was more concerned about their acceptance in the community. This comes just after DaBaby’s view on people with HIV. What Did DaBaby do?
DaBaby’s apology came after his removal from the list of NYC’s next game. It’s not the first apology for insensitivity in his statements. He has given a few more in the past on individuals living with HIV and gay people. Earlier this week, DaBaby got a backlash just after his rant on LGBTQ people. In his statement, he said that people approached him with kindness and also came to him privately. It was an opportunity for wisdom, learning, and resource exploitation. DaBaby required this and gladly, he received it. Still, in his statement, DaBaby wrote his apology to the LGBTQ people. In his letter, he was citing his statements repeatedly.
Megan Fights Back
Speaking 
to a reputable news channel, the rapper said it’s high time for representation. She continued to say that people’s representation is very vital. It is very crucial especially towards people living with ‘defects,’ he adds. People should be compassionate and should accept one another despite their conditions. Thee Stallion ignited the stage in Lollapalooza. She said it was interesting to appear again on the platform. Megan is now busy working on her upcoming songs releasing soon. She added that her fans were incredible and showed extreme synergy. Now, she loves coming back to the platform as well as interacting with her hotties. It’s the best place to have the best times.
to a reputable news channel, the rapper said it’s high time for representation. She continued to say that people’s representation is very vital. It is very crucial especially towards people living with ‘defects,’ he adds. People should be compassionate and should accept one another despite their conditions. Thee Stallion ignited the stage in Lollapalooza. She said it was interesting to appear again on the platform. Megan is now busy working on her upcoming songs releasing soon. She added that her fans were incredible and showed extreme synergy. Now, she loves coming back to the platform as well as interacting with her hotties. It’s the best place to have the best times. Package of Shock and Surprise
In regard to her upcoming projects, Megan says, it will turn out a surprise and shock. The rapper is slowly maintaining her project with quiet paces and good things are yet to come. She is busy building stuff that will make her and others feel nice in the near future. Megan is a rapper with a rising career and still, remains meek. Her career started 24 months back and the learning ground has helped her to remain glued. The queen of raps is currently taking a course in a health-related field and she loves it. Taking time to finish papers and tackle school projects makes her streamlined.
News regarding a broadening sequence of economic government crackdowns in China trends. It says $450 billion off the valuation of the U.S.-mentioned Chinese firms crippled off in July. American shareholders question whether China Inc. remains worth the danger. And after Beijing’s verdict, this week came to restrict the operational activity. The country is also struggling to restrain technology firms. Apart from that even depositors are reassessing their profile of assets. This includes people from California’s pension fund Orange County Workers Retirement Program. It also includes financial adviser William Blair & Co. The steps sparked sharp drops across China’s financial sectors. It also slammed Asia-focused ETFs in the United States.
The Fall
The training provider TAL Training Group’s American transaction notes fell by 70%. In only a 
few days it dropped to $6.20 on Friday morning, as a result of the investment pullback. In February, TAL was trading above $95. ADRs are certifications that reflect a specific set of shares. These are in units held by a multinational enterprise as well as distributed to U.S. investors. It was the latest one in the series of governmental crackdowns. It has further lowered the valuation of Chinese companies. This includes the likes of companies like Tencent Holding, etc.
few days it dropped to $6.20 on Friday morning, as a result of the investment pullback. In February, TAL was trading above $95. ADRs are certifications that reflect a specific set of shares. These are in units held by a multinational enterprise as well as distributed to U.S. investors. It was the latest one in the series of governmental crackdowns. It has further lowered the valuation of Chinese companies. This includes the likes of companies like Tencent Holding, etc. Even though U.S. shares have reached new highs, the Chinese share market crumbled. Previous administrative actions spooked businesses like Alibaba Group Holding Ltd. The company’s unregistered venture Ant Group Co., and Didi Global Inc. has further plans. They are thinking about going confidential once more to appease authorities. For this, they have already alarmed western shareholders.
Corporations in China have traditionally utilized administrative gaps. This is in both Beijing as well as Washington to avoid Wall Street scrutiny. We checked the margin by which the economy is essentially a monetary stack of cards.
Best Crypto apps suggested by Experts
Ten crypto
specialists told all of the strategies they keep an eye on in the marketplace. They talked about the applications they use for investing, price tracking. This also includes information in the midst of the industry’s constant volatility.
specialists told all of the strategies they keep an eye on in the marketplace. They talked about the applications they use for investing, price tracking. This also includes information in the midst of the industry’s constant volatility. During various interviews, investors and experts highlight some of the apps mentioned below. According to them, eToro is one of the best platforms for international users. Gemini is the biggest trading exchange platform overall. Furthermore, Coinbase is the finest exchange for newbies. Voyager is the best mobile exchange marketplace application. For users who want to have it all under the same roof, BlockFi is the best software for them. Delta is also the best cryptocurrency earnings tracker.
Concerning things according to Experts
Privacy Transaction operations in Bitcoin and other cryptocurrencies are hard to track. It’s nearly challenging to stop or recover cashback when a transfer occurs. That is why experts suggest that people should always use trusted applications.
Similarly, data in Real-Time should also be in check. Markets for cryptocurrencies are continually changing. Therefore, it is critical to have an application that updates information every moment.
The first blockchain technology came alongside bitcoin almost a decade ago. But if you look at its development, it’s practically unbelievable. Blockchain technology is arguably the best innovation of the 21st century. Most of the financial activities are slowly switching to blockchain-based databases. This is because they are secure and automated.
What are Blockchain Wallets?
A blockchain wallet is like a safe for storing your cryptocurrencies. Lately, there are many users 
using blockchain wallets. They use it for keeping their private bitcoins and other crypto assets. But, as the demand for these wallets increases, so do the problems that users face. However, there are multiple uses of a blockchain wallet. Many users face severe issues while using them.
using blockchain wallets. They use it for keeping their private bitcoins and other crypto assets. But, as the demand for these wallets increases, so do the problems that users face. However, there are multiple uses of a blockchain wallet. Many users face severe issues while using them.Common Issues faced by Blockchain Wallet Users
· Less Security:
Although some high-end encrypted wallets are the most secure ones. However, they are equally costly. Most of the users use generic wallets, which do not provide decent security. In case you are using a website to store your crypto assets. The complete website may get hacked. In that case, you are at risk of losing all your money.
· Fishing and Scam:
One of the most common issues faced by millions of users is fishing and stealing. Various people use phishing to lure you into their scams. They show fake promotions to get your details. They try to retrieve your login credentials. Then they can easily access your wallet. An excellent way to avoid this issue is by activating 2-factor authentication. Through which, every time someone logs-in to your account, they will need a 3rd random password.
· Only stores Crypto Coins:
Another significant issue people are facing is non-compatibility. Most of the wallets only support famous crypto coins like BTC and ETH. You won’t be able to store other assets. For example, you cannot store smart contracts in most wallets.
· Speculative and uncertain:
Many 
People use wallets to store their crypto assets that do not support buying or selling of coins. In that case, you are always prone to the volatility of the market. The chances are that the prices may drop suddenly. In that case, you will not be able to in-cash your holdings.
People use wallets to store their crypto assets that do not support buying or selling of coins. In that case, you are always prone to the volatility of the market. The chances are that the prices may drop suddenly. In that case, you will not be able to in-cash your holdings.· Issues with Passwords:
Recently a piece of news made headlines about one hardware wallet. A person with millions in holding forgot his wallet password. However, most of the wallets come with options to recover passwords. Some high-end hardware wallets do not support such options. Due to which it becomes a big problem for users to remember that exact password.
There are various problems faced by many users while using blockchain wallets. However, most of such issues have easy solutions as well. If you are thinking about using a blockchain wallet, you should give it a try. In case you face problems using it, you can always try a different service. There are thousands of blockchain wallet providers in the market.
Good news for Signal users. Now, you can donate directly to the developers via cryptocurrency. With the massive outbreak of crypto coins, many donation platforms started accepting them. And recently, Signal revealed that they are also accepting donations via cryptocurrencies. They are doing so through collaborating with the Giving Block. It provides crypto solutions for non-profit organizations for easier donations.
Signal recently posted about this on Monday. They stated that will now accept crypto donations via the Giving Block. A non-profit group runs the private messaging app Signal. Brian Acton and Moxie Marlinspike founded it in 2018. Accepting such donations will benefit the company. It will also help the foundation. They also stated that “being a non-profit entity they solely depend on donations. And through crypto, you can send-in donations without HODLing your intent to donate.”
More about Signal
Signal made the news as a non-profit counterpart of Whatsapp. It is an end-to-end encrypted 
messaging app that works on all platforms. Brain Acton incubated it in 2018. After he left Facebook & Whatsapp in 2017, to work on Signal.
messaging app that works on all platforms. Brain Acton incubated it in 2018. After he left Facebook & Whatsapp in 2017, to work on Signal.How is signal accepting Donations?
If you want to donate to Signal directly via cryptocurrency. You can check its official website, where you will see a separate section for “Donate.” Through the Giving block, Signal can now receive donations in major cryptocurrencies. Now people can support Signal with 10 different coins. Some members were unsure about accepting such donations. As there were certain concerns regarding crypto integration in January. Marlin was also seen invested into a crypto start-up which went on to raise Series A funding in December.
Supporting Coins
Donations to signal can now happen via various cryptocurrencies. Coins like bitcoin (BTC), Ether (ETH), LiteCoin (LTC), Gemini Dollar (GUSD). Coins like Basic Attention Token (BAT), Zcash (ZEC), ChainLink (LINK) are also supported. That’s not all Signal also revealed something very interesting.
Now 
through the Giving Block, people can easily donate anonymously as well. Which makes it pretty convenient for people who don’t want any attention. You can just go to the donate section and choose the option through which you would like to donate.
through the Giving Block, people can easily donate anonymously as well. Which makes it pretty convenient for people who don’t want any attention. You can just go to the donate section and choose the option through which you would like to donate. Signal also did experiments with the Binance-backed Platform MobileCoin that works on stellar. People were positive about this because of a very big reason. Marlinspike also serves as an advisor at MobileCoin.
Are crypto Payments coming soon?
After a tie-up with some crypto platforms. The signal might move ahead with providing a crypto payment solution. Reports say Signal is working to develop crypto payments into their messaging app. There are also rumors that the pilot test-run on MobileCoin can also relate to Signal.
Speculations are, this test run can subsequently work for Signal’s payment integration. If that is true Signal might be the first private messaging app to do so. It will become the only message app to offer crypto payment services. All of this is just speculation. People are looking forward to an official decision.
The year 2021 has to be the most bullish year history has ever seen in the crypto markets. Who would have guessed this about bitcoin that initiated as an experiment one decade ago? Eventually pioneering a global revolution in 
financial markets. Let’s unravel the mystery beyond cryptos evolve. Also, how they changed the financial markets. Our interesting insights will let you know more about the evolution of cryptocurrencies.
financial markets. Let’s unravel the mystery beyond cryptos evolve. Also, how they changed the financial markets. Our interesting insights will let you know more about the evolution of cryptocurrencies.Introduction of Cryptocurrency and Bitcoin
The first crypto-currency invented under the pseudonym of Satoshi Nakamoto came in 2009. Bitcoin came in as an Electronic peer-to-peer cash system. It used cryptography to manage creation and allotment which also evolved as Blockchain. 2010 was when the currency earned some value-priced at $0.00001 per bitcoin in a notorious event. Bitcoin protocol followed several hard-forks to upgrade minor flaws in the system.
In 2013, many organizations started accepting BTC. This kept increasing year after year. After which the revolution of bitcoin mining initiated the growth at a faster pace. Bitcoin remained bullish up-until 2017 when Bitcoin marked its ATH of $19,500. Along with 1500+ alternate coins hovering around it. Soon after this, the crash happened and the rest is history.
Evolution of Cryptocurrencies
Every emerging market has its ups & downs, cryptocurrencies are no exception. There were a lot of regulatory bodies that were against its evolution. But, the power of acceptance and popularity shattered all shackles. And emerged as one of the leading financial markets of all time.
The factors that helped Cryptocurrencies evolve:
· Acceptance from Users:
If people were not ready to accept change. The survival of bitcoin would have been questionable. Many renowned entities accepted the change as bitcoin. This eventually created a value for this experimental currency which kept increasing.
· Decentralized Nature:
People knew banks and other financial organizations were not trustworthy. They were aware that the money they saved was filling the pockets of others. But as bitcoins are a decentralized currency. Therefore, people knew no-one will benefit from them. This made BTC more likable for people. As they started to realize the importance of decentralization.
· Vast Popularity:
Any commodity that promises return like such will eventually earn popularity. There were people praising bitcoin everywhere because they were generating huge profits. Therefore, bitcoins popularity rose.
· The depreciating value of fiat currencies:
Most of the countries are printing a large quantity of hard-cash, especially the US. As a result, the monetary 
value will decrease and inflation shall increase. The makers of bitcoin predicted the depreciation of the value of real money. Many people realized this ideology after years and started investing in crypto.
value will decrease and inflation shall increase. The makers of bitcoin predicted the depreciation of the value of real money. Many people realized this ideology after years and started investing in crypto.· Need for a new financial system:
As most of the government regulates cash flow and how fiat currencies operate. Many people are unhappy with the current financial operations. But with the invention of the peer-to-peer cash system. The involvement of a 3rd party became baseless as it also provided the payer with anonymity. Therefore, cryptocurrencies evolved. This resulted in cryptocurrencies evolving as the new financial body. Managed by nodes and automation.
Recently, there is a high boom in cryptocurrencies. Many big investors are looking forward to encashing this opportunity. Cryptocurrency can provide high returns in a short period of time. This is definitely a lucrative offer for many corporate and investors. People are trying to derive huge profits from this situation. In all this, the Financial Conduct Authority (FCA) warns all crypto investors. It says 
people investing in cryptocurrencies are at risk of losing their money. It warns the people running after higher returns in a short time. The investments and lending products related to cryptocurrency are at very high risk. It made people aware of the frauds happening with cryptocurrency. Due to high volatility, crypto frauds are most likely to happen.
Message from FCA
The FCA is fully aware that few firms are taking advantage of this situation. Due to this, few firms are promising higher returns to their customers. Some firms are offering very good offers for investment in crypto assets. This is also related to lending and investments linked to crypto assets. The FCA stated that people investing in these types of products should be ready to lose their money. As crypto assets are high-risk commodities, people should be aware of them before investing in them.
The market condition
Bitcoin is reaching new heights recently. Last week, it’s value is at $41,973. Other cryptocurrencies are also surging in their value. There is a sudden increase in its value. So, there is a huge demand for cryptocurrency in the market. Investors are comparing it to gold in terms of valuation. Many experts claim that the wild rise of bitcoin could be a market bubble. Moreover, due to its volatile nature, the market bubble is going to burst very soon. Bitcoin has been increasing in its value in the last 12 months. It is over 300% rise in the last 12 months. Bank of America mentioned this market situation to be the “mother of all bubbles”.
The policy
The FCA is showing its concern and trying to protect the investor’s money. So, it provided a few guidelines. 
All the firms offering these products must meet all the regulatory requirements. The authorization of the firms with FCA is also a requirement. If any firm is operating without registration, it is a criminal offense. From 10 Jan 2021, the firms registered with FCA should tackle risks with money laundering.
Steps to follow before investing
The FCA mentioned a few steps to follow before investing in cryptocurrency. Also, the customer should be able to identify if someone contacted him suddenly. The customer should be able to figure out if someone is trying to pressurize him to invest quickly. The customer should sense if the scheme is too good to be true. Before investing, the customer should check if the firm got registered with FCA. If the firm is not registered, then the customer should question the legality of the firm. The reason is, after 10 Jan 2021, the firm will be operating illegally, if not registered with FCA. So, customers should be fully aware of the risks involved. They should also perform a few checks before investing.