What Is Bitcoin’s Market Cap? Total Value Explained
bitcoin’s market cap measures the cryptocurrency’s total value by multiplying its current price by circulating supply. It offers a snapshot of market size but not liquidity or intrinsic value.
What Backs Bitcoin: Scarcity & Security, Network & Utility
bitcoin’s value stems from built-in scarcity and cryptographic security, reinforced by a decentralized network and real-world utility, from payments to a store of value, creating trust without intermediaries.
What Is a Seed Phrase? Backup Words for Bitcoin Wallet
A seed phrase is a human-readable list of backup words that restore a bitcoin wallet’s private keys. Store it securely offline; anyone with it can access your crypto.
Is Bitcoin Taxable? How Most Countries Tax Crypto
Is bitcoin taxable? Most countries treat cryptocurrencies as property or assets, taxing gains on sales, trades, and income. Rules vary on mining, staking, and reporting obligations.
What Is HODL? Holding Bitcoin Long-Term Despite Volatility
‘HODL’ means holding bitcoin through price swings instead of selling. It reflects a long-term belief in crypto’s value, accepting short-term volatility to pursue potential future gains.
Can Bitcoin Be Banned? Global Ban Is Nearly Impossible
While individual countries can restrict trading and mining, bitcoin’s decentralized protocol, global nodes and peer-to-peer networks make a coordinated global ban nearly impossible without disrupting the internet.
Hot Wallets Explained: Internet-Connected Bitcoin Access
Hot wallets are internet-connected bitcoin wallets that enable quick transactions and easy access but carry higher security risks; users should balance convenience with strong authentication and backup practices.