Cryptocurrency market cycles refer to periodic fluctuations in cryptocurrency prices, during which cryptocurrency prices can rise and fall very strongly. These cycles can last for months or even years and are influenced by many different factors, such as market sentiment, regulation, macroeconomic changes and technological developments. This text takes a closer look at the market cycles of cryptocurrencies and the factors behind them.
11.09.2024This monthly review examines the most important cryptocurrency news from August. The most significant cryptocurrency news in August was related to companies increasing their Bitcoin holdings, institutional activity related to Bitcoin, Sony's plans to release an Ethereum layer 2 scaling solution, and positive developments regarding Aave.
03.09.2024Polygon's MATIC token will migrate to POL token on Wednesday, the 4th of September.
30.08.2024Over the past year, Solana has emerged as one of the most significant and talked about players in the crypto market. Solana has gained popularity thanks to its technical solutions and exceptional scalability. Solana's technology enables fast and affordable transactions, which has increasingly attracted both developers and investors. This article will take a closer look at the factors that make Solana one of the most popular cryptocurrencies of 2024.
29.08.2024Should Bitcoin’s price currently be 0 euros, 50,000 euros, or 500,000 euros? In this blog post, we will explore four popular Bitcoin valuation methods that can be used to assess Bitcoin’s value.
21.08.2024In this blog post, we will discuss two major consensus algorithms: Proof of Work (PoW) and Proof of Stake (PoS). Essential to the security and operation of blockchains, these algorithms define how transactions are validated and new blocks are added to the blockchain. By understanding the differences and operating principles between PoW and PoS, you can get a better understanding of how different cryptocurrencies work and what their security is based on.
16.08.2024The history of cryptocurrencies spans over 15 years, during which several significant events have occurred. This blog post covers important cryptocurrency events month by month.
14.08.2024DeFi has emerged as a significant part of the cryptocurrency ecosystem in recent years. It allows users to utilize financial services without traditional banks, offering openness, transparency, and speed. This blog post discusses how DeFi can be utilized in various ways and what benefits it brings.
07.08.2024This monthly review looks at the most important cryptocurrency news from July. The most significant cryptocurrency news in July revolved around the launch of Ethereum spot ETFs in the United States, Bitcoin purchases, events negatively impacting cryptocurrency price movements, and positive views on Bitcoin.
02.08.2024Ethereum is the largest decentralized platform on the market based on blockchain technology. It is possible to build various decentralized applications (DApp), smart contracts and new cryptocurrencies on top of this platform. Ethereum spot ETFs offer especially investors who are used to traditional investment products an easy and accessible way to invest in this ecosystem. In this blog, we look at what Ethereum spot ETFs are and how they can affect the cryptocurrency market.
25.07.2024Smart contracts have revolutionized the way we use and utilize digital technology. They offer a unique level of automation and security, enabling complex financial operations to be carried out without centralized intermediaries. This blog post examines the most popular smart contract platforms and their differences.
10.07.2024In this monthly review, we look at the most important cryptocurrency-related news in June. The most significant cryptocurrency news in June was related to Bitcoin mining news from Finland and Germany, the SEC's decision to end the Ethereum investigation, reports on Bitcoin and Ethereum, Mt. Gox's announcement to start customer fund repayments in July, and continued Bitcoin purchases by companies.
01.07.2024Cryptocurrencies are digital assets based on decentralized blockchain technology and cryptography. Currently, there are numerous different cryptocurrencies on the market, some of which are specifically designed for different uses, such as decentralized finance, smart contracts, or tokenized asset classes. Cryptocurrencies have the potential to transform traditional financial systems by providing innovative solutions to improve efficiency and security. This article tells about the uses of cryptocurrencies and their potential to change many different industries.
27.06.2024We will have to temporarily suspend the purchase of USD Coin (USDC) stablecoin from our USD Coin functions.
19.06.2024Over the years, cryptocurrencies have become a significant investment category, offering unique opportunities to earn and grow wealth. With the help of cryptocurrencies, investors can often accumulate returns for themselves in different ways. In this text, we will learn about these ways in more detail, and we will also consider what kind of risks and opportunities they contain.
14.06.2024Bitcoin has increasingly been referred to as digital gold in recent years. How similar are Bitcoin, which exists only in digital form, and gold, a precious metal used for thousands of years? This text compares Bitcoin and gold from seven different perspectives.
11.06.2024Macroeconomic changes have increasingly influenced cryptocurrency market price movements in recent years. This blog post reviews the key macroeconomic indicators, how macroeconomics is influenced by economic policy, and the impact of macroeconomics on cryptocurrencies.
07.06.2024In this monthly review, we examine the most important cryptocurrency-related news from May. The most significant cryptocurrency news in May involved the approval of the Ethereum spot ETF in the United States, purchase announcements of Bitcoin spot ETFs, Bitcoin-related advancements in Latin America, Chainlink's pilot project, and Aave's announcements regarding the release of a new version and a scalability solution.
04.06.2024The number of cryptocurrency wallets has increased rapidly in recent years alongside the growing popularity of cryptocurrencies. There are now hundreds of different cryptocurrency wallets available. This article discusses what a private key is and the differences between various types of cryptocurrency wallets.
28.05.2024The first Ethereum spot ETF applications were approved in the United States. Ethereum thus became the second cryptocurrency to have a spot ETF approved in the US.
24.05.2024DeFi (Decentralized Finance) is one of the fastest growing entities in the crypto market. Blockchain-based decentralized DeFi services aim to eliminate the need for third parties and make financial services more efficient and transparent than before. DeFi not only offers alternatives to traditional financial services, it also offers completely new opportunities for investors and users around the world. In this text, we delve into the DeFi world, its operating principles, and popular methods of analysis and projects.
17.05.2024In this monthly review, we'll be looking at the most significant cryptocurrency-related news of April. The most important cryptocurrency news in April was related to Bitcoin's halving, ETF news from Hong Kong and the United States, Tether and Metaplanet's bitcoin purchases, Chainlink's Transporter application, and the cryptocurrency research released from the Nordics.
02.05.2024We have added Solana to our service. Trading Solana is possible in our service immediately.
30.04.2024When talking about scalability solutions, Ethereum's scalability solutions often come to the forefront, whose number and popularity have significantly increased in recent years. Also, the scalability solutions of the largest cryptocurrency in the market, Bitcoin, have increased and developed significantly in recent years. Bitcoin's security and operational history are the best in cryptocurrencies, which is why many cryptocurrency experts believe in significant growth in the popularity of Bitcoin scalability solutions in the future.
19.04.2024GameFi (Gaming Finance) is still a relatively new concept that combines features of decentralized finance (DeFi) with traditional games. GameFi can be considered a general name for game ecosystems that utilize blockchain technology, digital assets and features known from DeFi. GameFi aims to improve the player experience in particular and offer players completely new earning models.
09.04.2024This monthly review examines the most important cryptocurrency news in March. The most significant cryptocurrency news in March related to the bitcoin purchases by American companies, the progress of the world's largest asset manager in the cryptocurrency market, the growing interest of pension funds in Bitcoin, Deutsche Boerse's cryptocurrency trading platform, and Ethereum's Dencun update.
05.04.2024The most significant topic of the cryptocurrency market in 2024 and likely the factor most influencing the rise of the cryptocurrency market is the Bitcoin spot ETFs approved in the United States in January. This blog post addresses the benefits of investing directly in bitcoin versus investing in Bitcoin ETFs.
25.03.2024The Bitcoin halving is an essential event for both Bitcoin and the entire cryptocurrency market, which has historically significantly impacted cryptocurrency bull markets. Bitcoin's fourth halving is set to occur in April 2024, and it is approaching from exceptionally favorable circumstances. This text explores Bitcoin halving and examines the potential implications of the upcoming halving.
18.03.2024Layer 1 (L1) and Layer 2 (L2) are terms that are increasingly being used in the cryptocurrency market discussion. To understand the meaning of these terms and the differences between them, it is important for an investor to have a clear understanding of their role in the architecture of blockchains.
12.03.2024Invite friends to sign up on Northcrypto and earn an extra €5 reward directly to your account for each person who joins through our referral program during March.
06.03.2024This monthly review examines the most significant cryptocurrency-related news in February. The most significant cryptocurrency news in February was related to the strong popularity of US Bitcoin spot ETFs, Fidelity's positive outlook on cryptocurrencies, ETF issuers' decision to bring transparency through Chainlink's solution, Reddit's bitcoin and ether purchases, MicroStrategy's bitcoin purchases, and Coinbase's issues.
04.03.2024If we think about the things that worry Europeans the most in 2024, almost everyone includes wars and climate change in their worries. This text looks at how the current monetary system affects these issues, and whether these issues could be less of a concern if a Bitcoin-like monetary system were in place.
23.02.2024Stablecoin refers to a cryptocurrency whose rate is tied to another asset, such as fiat currency, commodities, or another cryptocurrency. The main purpose of stablecoins is to provide investors with stability compared to traditional cryptocurrencies. There are currently several different types of stablecoins on the cryptocurrency market. This text describes the most popular stablecoins and their most important features.
16.02.2024This monthly review covers the most important cryptocurrency-related news from January. The significant cryptocurrency news in January was related to approved Bitcoin spot ETF applications in the United States, positive cryptocurrency comments from BlackRock's CEO, and FTX's intentions to repay its customers' funds. Positive progress was also made in relation to the Prospera Special Economic Zone, Tether's bitcoin purchases, and Bitcoin hashrate.
06.02.2024Tokenization is one of the hottest trends in cryptocurrency and blockchain technology today. In this text, we'll explore what tokenization means, what can be tokenized, and the benefits it brings.
02.02.2024A meme coin refers to a cryptocurrency that is mostly based on a meme that has spread on the internet and which almost always has a very low unit price. A meme typically refers to an image or phenomenon that has gained great popularity, especially on the internet. There are thousands of different meme coins on the market today, and new meme coins are also coming to the market at a steady pace.
26.01.2024How does the current Eurosystem work? Does the quantity of euros increase if you borrow them from a bank? Can the central bank "print" more euros? And how does Bitcoin differ as a monetary system compared to the euro? This blog post provides answers to these questions and more.
12.01.2024We have added Dogecoin to our service. Trading Dogecoin is possible in our service immediately.
11.01.2024Today, the first Bitcoin spot ETF applications were approved in the United States. This marks a historic event for cryptocurrencies, eagerly anticipated for several years.
10.01.20242023 was a very positive year for cryptocurrencies, both in terms of price movements and cryptocurrency news. This report looks at the price movements and major events in cryptocurrencies in 2023.
05.01.2024While the year 2023 has been notably positive in terms of price movements for several cryptocurrencies, 2024 is likely to be even more interesting from the perspective of a cryptocurrency investor. This text predicts what the year 2024 might look like from a cryptocurrency investor's standpoint.
29.12.2023Bitcoin is the world's largest and most famous cryptocurrency. Thanks to its popularity, it has aroused significantly different opinions throughout its history, even among those who are not familiar with it more deeply. There are several different myths floating around Bitcoin that can distort the truth and prevent understanding of Bitcoin's true strengths. In this blog, we'll break down five well-known Bitcoin myths and see if they're actually true.
08.12.2023In this monthly report, we will examine the most important cryptocurrency-related news in November. The significant cryptocurrency news in November included the Ethereum spot ETF applications submitted by the world's largest asset managers, progress made by European banks, the judgment against Binance, positive developments in Bitcoin network metrics, and MicroStrategy's bitcoin purchase.
05.12.2023Vitalik Buterin, Changpeng Zhao, and Barry Silbert. If these names are unfamiliar or you want to learn more about them, read this blog post. This blog post discusses seven significant figures in the cryptocurrency world.
17.11.2023In cryptocurrencies, investors are traditionally especially attracted by the opportunity to invest in a completely new type of investment, as well as the unique technology of cryptocurrencies and the opportunities it offers. In addition to this, cryptocurrencies can act as part of a diversified investment portfolio that reduces risk alongside traditional assets such as stocks and real estate. This text explains why buying cryptocurrencies could make sense from an investor's point of view and what the underlying factors are.
10.11.2023In this monthly review, we will examine the most significant cryptocurrency-related news in October. The major cryptocurrency news in October revolved around the United States' Bitcoin spot ETF, JPMorgan's blockchain technology progress, car manufacturers' decisions to accept cryptocurrencies as a payment method, potential smart contracts on Bitcoin, and positive forecasts and comments about Bitcoin and cryptocurrencies.
03.11.2023Bitcoin mining is a topic frequently discussed in the media. Furthermore, recent news articles on Bitcoin mining have generally portrayed it in a negative light. In this blog post, we will first examine Bitcoin mining in general and then delve into the benefits of Bitcoin mining.
20.10.2023A carefully diversified and versatile investment portfolio helps reduce investment-related risks. Building your own investment portfolio is a key step in achieving your financial goals, and it requires careful planning and identifying your own risk tolerance. In this text, we go over what points an investor should take into account when preparing his own investment portfolio, as well as how it is possible to use cryptocurrencies in the diversification of his own investment portfolio.
13.10.2023In this monthly review, we will examine the most significant cryptocurrency-related news from September. The notable developments in the world of cryptocurrencies this month included advancements in bank-issued cryptocurrencies and blockchain technology, the approval of the European Parliament's directive on cryptocurrency tax reporting, ETF applications filed in the United States, and MicroStrategy's Bitcoin purchases.
06.10.2023The service provider for instant deposits will change from Zimpler to Trustly.
29.09.2023Cryptocurrencies are a relatively unfamiliar and unknown topic for many people. Because of this, explaining them can often be quite challenging. In this blog post, we provide as simple explanations as possible for each of the cryptocurrencies offered by Northcrypto.
22.09.2023In this monthly review, we will examine the most significant cryptocurrency-related news in August. The major cryptocurrency headlines for August were related to positive ETF news from the United States and Europe, as well as PayPal's launch of a stablecoin on the Ethereum network.
06.09.2023Bitcoin dominance is one of the most commonly used tools in the cryptocurrency markets. By tracking the evolution of Bitcoin dominance, investors can monitor Bitcoin's relative position compared to other cryptocurrencies. Changes in Bitcoin dominance have typically provided insights into shifts in market cycles. This text explains what Bitcoin dominance practically means and what conclusions can be drawn from its fluctuations.
24.08.2023In 2017, Ethereum co-founder Vitalik Buterin introduced the concept of three attributes that different blockchain platforms aim to achieve. Buterin introduced the idea as "The Scalability Trilemma", which has since solidified its place as a central tool for examining blockchain goals and challenges. Nowadays, this idea is often referred to as "The Blockchain Trilemma".
16.08.2023In this monthly review, we'll take a look at the most significant cryptocurrency-related news from July. The major cryptocurrency news in July revolved around a decision made in the United States, stating that XRP is not a security, the European bank's $120,000 Bitcoin price prediction, the world's second-largest asset manager increasing its Bitcoin-related holdings, technical advancements of Chainlink and Polygon, and Bitcoin mining for district heating in Finland.
04.08.2023Money is a technology that is an integral part of practically every person's daily life. The history of money includes various forms, from seashells and stones to the latest leap in monetary technology, Bitcoin. In this blog post, we will explore the evolution of money and examine why Bitcoin is a promising form of currency.
25.07.2023Bitcoin ETF is one of the most talked about topics this summer. What does the abbreviation ETF even mean in practice and what exactly is a Bitcoin ETF? This text discusses Bitcoin as an investment and considers how Bitcoin ETFs change Bitcoin's position in the eyes of investors.
14.07.2023In this monthly report, we will examine the most important cryptocurrency news in June. The most significant cryptocurrency-related news in June revolved around BlackRock's Bitcoin ETF application and its implications, the lawsuits filed by the SEC, the progress made by Deutsche Bank and HSBC, positive comments from the US Federal Reserve Chairman on cryptocurrencies, and MicroStrategy's bitcoin purchases.
05.07.2023People often think of cryptocurrencies as just one big entity that includes numerous cryptocurrencies like Bitcoin that compete with each other for popularity. However, this is not the case, because in reality it is possible to divide cryptocurrencies into three different categories.
21.06.2023This blog text goes through the journey of Bitcoin becoming the best investment of the past decade. In addition to this, the price history and features of Bitcoin are utilized to consider whether Bitcoin can also be the best investment of this decade.
14.06.2023This monthly report reviews the most important cryptocurrency news in May. The report focuses especially on the active use of Bitcoin and Ethereum networks, an analysis of Bitcoin mining conditions in Finland, the advances made by Hong Kong and Beijing, and Tether's decision to accumulate bitcoin in its reserves.
05.06.2023In April 2023, an important step forward was taken in terms of global cryptocurrency regulation when the European Parliament approved the Markets in Crypto-Assets (MiCA) regulation by a clear majority. MiCA is the most comprehensive cryptocurrency legislation in the world to date and is scheduled to come into effect during 2024 and 2025.
30.05.2023This monthly report reviews the most important cryptocurrency news in April. The most significant news in April can be considered the MiCA cryptocurrency legislation accepted in the European Union and the successful implementation of the Ethereum Shanghai hard fork.
04.05.2023Ethereum is one of the most important cryptocurrencies in the cryptocurrency market. During the last few years, Ethereum has grown in popularity among investors. This article describes Ethereum as an investment target and discusses the factors behind Ethereum’s growing popularity.
14.04.2023We have added ApeCoin to our service. Trading ApeCoin is possible in our service immediately.
05.04.2023This monthly report reviews the most important cryptocurrency news in March. In particular, the report delves into the rise of Bitcoin price and hashrate, measures taken by US authorities, Ethereum's upcoming Shanghai hard fork, Polygon's advancements, and MicroStrategy's bitcoin purchase.
04.04.2023The value of USDC has fluctuated significantly in the last 24 hours. We want to uncover the background that has led to the abnormal value formation of the USDC.
11.03.2023The operation of all cryptocurrencies is based on cryptography, but what is cryptography? And what are public-key cryptography, digital signatures, and hash functions? This blog post delves into these issues, among others.
10.03.2023We will change the service provider we use for instant euro deposits on Tuesday 7.3.2023 to improve the usability of our service.
06.03.2023This monthly report reviews the most important cryptocurrency news in February. The report focuses especially on the EUROe stablecoin published in February, Sitra's Web3 publication, Coinbase's Ethereum scalability solution, and the advances made by German banks and Hong Kong.
03.03.2023This monthly report reviews the most important cryptocurrency news in January. In particular, the report delves into the bankruptcy of Genesis, Aave v3, Bitcoin news, BlackRock's announcement related to Bitcoin, Strike's collaboration with the payment services giant, and El Salvador's bitcoin-related advances.
03.02.2023The first question many people have about cryptocurrencies is, what can one actually do with them. This is very understandable because their usage isn’t really visible in day-to-day life in western countries. Also for many, the premise of completely digital money used on the internet can sound more like money from video games than traditional currencies. In this blog post, we go over what cryptocurrencies are mainly used for and how the use differs between different countries.
27.01.2023Is money energy? What kind of money works well for storing and transferring energy? And what does the claim that Bitcoin is digital energy mean? This blog text seeks answers to these questions, among others.
20.01.2023Bitcoin is the world’s most popular cryptocurrency, and its price has risen remarkably high in recent years. Many have undoubtedly wondered what factors make up the value of bitcoin in the end. This text aims to reveal the factors behind the value of bitcoin.
13.01.2023The year 2022 for cryptocurrencies will be remembered as a year of decline in cryptocurrency prices. The most significant events of the year included the collapses of cryptocurrency exchange FTX and the Terra ecosystem, asset manager BlackRock's decision to offer cryptocurrency services, and the successful Ethereum Merge. This article reviews the price movements and most significant events of the cryptocurrency market in 2022.
05.01.2023Macroeconomic turbulence has brought almost all markets down this year. The collapse of Terra Luna, a $60 billion ecosystem at its peak. Cryptocurrency hedge funds and loan services going bankrupt. And finally, the reveal of wrongdoings and fraud in one of the largest cryptocurrency exchanges FTX, and the total collapse of that enterprise. Once again many have declared the death of cryptocurrencies on social media and even in some newspapers. So is this finally the end of cryptocurrencies?
16.12.2022This monthly report reviews the most important cryptocurrency news in November. In particular, the report delves into FTX collapse and its effects, Fidelity's cryptocurrency trading service, Brazil's decision to make cryptocurrencies an official payment method, JPMorgan's DeFi transaction, and Instagram's decision to bring Polygon's NFTs into its service.
07.12.2022Metaverse is a term that you might have read recently. The world's largest companies are currently exploring the opportunities offered by metaverse, and the well-known social media giant Facebook even changed its name to Meta. This text tells the reader what the term metaverse means.
02.12.2022Web3 is a term that has also often been referred to as the future of the internet. What is Web3, and how does it relate to cryptocurrencies? This text introduces the development of the internet from its early days to the present day and explains why cryptocurrencies and Web3 will revolutionize the fundamental nature of the internet.
21.11.2022This monthly report reviews the most important cryptocurrency news in October. In particular, the report delves into Google's decision to accept cryptocurrencies as a payment method for its cloud services, BNY Mellon's cryptocurrency custody service, Mastercard's measures to promote the status of cryptocurrencies, and Cash App enabling bitcoin transactions on the Lightning Network.
04.11.2022This monthly report reviews the most important cryptocurrency news in September, focusing on the Ethereum Merge, the collaborations initiated by Chainlink and Polygon, the positive development of USDC, and the involvement of institutional players in the cryptocurrency market.
06.10.2022On 15 September, Ethereum faced the biggest update in its history when The Merge finally took place. Ethereum is currently the second largest cryptocurrency in the world. It can be described as an entire blockchain ecosystem where everyone can build various distributed applications (Dapp), smart contracts, and even own cryptocurrencies. The Ethereum Merge included several significant changes to the Ethereum blockchain, of which the most important will be closer introduced next.
19.09.2022Finnish cryptocurrency company Northcrypto expanded its range of services and launched a Private Banking service for investors who value personal service. Initially, the service is available only to Finnish customers.
07.09.2022This monthly report reviews the most important cryptocurrency news in August and delves deeper into BlackRock's entry into the cryptocurrency market, Mastercard's cryptocurrency payments technology, and the approach of the Ethereum Merge.
05.09.2022Ethereum is moving from the Proof of Work (PoW) consensus algorithm to the Proof of Stake (PoS) consensus algorithm (the Merge) on September 15 according to the latest information.
30.08.2022Many have heard the saying, “When taxi drivers start giving investment tips, it’s time to exit the market,” but how do you know when is a good time to enter the market? Conversely, it could be concluded that the signal is when you no longer hear about investing from anyone. In capitulation, a large portion, especially of the amateur investors, exit the market due to bad investment experience, after which the selling pressure on the market eases and a new bull market can begin.
26.08.2022This monthly report reviews the most important cryptocurrency news in July and delves deeper into the tentative date of Ethereum Merge, the advances taken by Polygon, the report on USDC reserves, and Tesla's bitcoin sales.
02.08.2022Bitcoin and cryptocurrencies are often considered unique asset classes that do not closely relate to stock markets. How high is the correlation between cryptocurrencies and stock markets, and can cryptocurrencies offer diversification benefits to more traditional investment portfolios?
13.07.2022This monthly report reviews the most important cryptocurrency news in June and delves deeper into the problems of Celsius and Three Arrows Capital, the acceptance of cryptocurrencies as a payment method, and events related to the Ethereum Merge.
06.07.2022A bear market refers to market conditions where the value of investments declines for a prolonged period. Bear markets are mentally very taxing, which is why everyone who has invested in cryptocurrencies should have a plan ready on how to act in a bear market.
17.06.2022This monthly report reviews the most important cryptocurrency news in May and delves deeper into the collapse of Terra's ecosystem, the progress of banks, and El Salvador's Bitcoin-related activities.
06.06.2022Northcrypto, a fast-growing cryptocurrency marketplace, expanded its ownership base and strengthens its board with two new members when the company appointed Jouni Hintikka and Aleksi Uusitalo to its board — Jouni Hintikka will also serve as chairman of the board.
16.05.2022Cryptomarkets have often been compared to the dot-com bubble. Is it a fair comparison, and can we learn something about cryptomarkets from the dot-com bubble?
09.05.2022This monthly report reviews the most important cryptocurrency news in April and delves deeper into the legal status of cryptocurrencies, positive advances in Europe, and the increase of the Bitcoin Lightning Network use cases.
06.05.2022The NFT (non-fungible token) is one of the hottest topics in the cryptocurrency world right now. NFT is, in practice, a digital commodity on the blockchain. The NFT can represent any unique digital object imported to the blockchain. With the blockchain's help, it is possible to prove the ownership of NFT quickly and reliably. In the future, the opportunities offered by the NFT will be staggering, as it will allow almost any commodity to be brought on the blockchain. This text aims to tell the reader about the opportunities offered by the NFT and the technology behind it.
08.04.2022This monthly report reviews the most important cryptocurrency news in March and delves deeper into news related to cryptocurrency legislation as well as mining and purchasing Bitcoin.
06.04.2022There are many different factors involved in Bitcoin security and it depends on the actions of the various actors in the Bitcoin network. This text addresses issues related to Bitcoin security.
01.04.2022The maintenance of cryptocurrency blockchains is called mining. The staking of cryptocurrencies differs considerably from mining performed with conventional mining equipment. Blockchain maintenance work is performed in staking instead of mining equipment by locking cryptocurrencies to blockchain maintenance work. The purpose of this text is to inform the reader about the staking of cryptocurrencies.
22.03.2022Safekeeping of cryptocurrencies is very simple at best, and the security of your own cryptocurrencies can be increased by quite simple means. This guide reviews things to keep in mind when storing cryptocurrencies.
11.03.2022Finnish police estimates that Finnish people lose tens of millions of euros to different investment scams yearly. Phishing for bank details is a common scam, but as cryptocurrencies have become more popular, scammers have started also using them more to lure victims. The aim of this post is to help identify common scams that involve cryptocurrencies and give good tips on how to avoid falling victim to them.
03.03.2022This monthly report examines the most important cryptocurrency news in February and delves into banks' cryptocurrency plans and reports, new cryptocurrency purchases, and Ukraine's decision to raise cryptocurrency donations.
02.03.2022DeFi (Decentralized Finance) is one of the essential entities in the cryptocurrency market. In short, DeFi refers to services familiar from traditional banks imported over distributed blockchains. This text aims to open to the reader the terminology related to DeFi.
09.02.2022This monthly report examines the most important cryptocurrency news in January and delves into cryptocurrency news related to several countries.
04.02.2022We have added Polygon and USDC as new cryptocurrencies to our service. It is possible to start trading in new currencies immediately. In addition to the new currencies, we have also added two-factor authentication (2FA) as an optional feature to our service.
01.02.2022Throughout time, people have sought to accumulate interest income on their wealth. Today, the importance of interest income is further emphasized as rising inflation erodes the value of wealth. By traditional means, such as depositing money in a bank account, it is now impossible to obtain an interest rate return that is higher than inflation. Thus, assets resting in bank accounts are constantly losing value. Fortunately, however, there is a solution, as cryptocurrencies also allow people to accumulate interest income. This text explains how it is possible to gain interest income using cryptocurrencies.
27.01.2022Many have heard how, according to economics, technological development is the main driver for economic growth in the long run. Because of this it has been often assumed that the countries lagging in technology will grow faster in the future compared to the technologically advanced countries, because they can utilize the technology developed in the advanced countries. In real world this hasn’t been the case and the gap between developing countries and developed countries is still large, and in many cases even growing. So why is this? According to former World bank economist Stephen Knack, the biggest single explaining factor for this is trust. This blog post will go over how trust creates efficiency to markets and how blockchain technology can revolutionize the economies of the countries with low trust and lift people up from poverty.
14.01.2022This monthly report examines the most important cryptocurrency news in December and delves into the entry of several banks into the cryptocurrency market.
06.01.2022The year 2021 for cryptocurrencies will be remembered for the new all-time highs for several cryptocurrencies, but also for the price collapse in May. The most significant events of the year include China's ban on Bitcoin mining and El Salvador's decision to make Bitcoin legal tender. This article reviews the price movements and major events in cryptocurrencies in 2021.
03.01.2022Smart contracts are one of the key innovations utilizing blockchain technology. Although the benefits of smart contracts are undeniable, their reliability may be compromised if they retrieve data from outside the blockchain using centralized operators. This paper takes a closer look at smart contracts and explains how the system developed by Chainlink has improved their reliability.
16.12.2021This monthly report examines the most important cryptocurrency news in November and delves into getting paid in bitcoin, as well as several recently launched cryptocurrency funds.
07.12.2021Our customer fund account has been moved to the Latvian BlueOrange Bank today (29th of November).
29.11.2021El Salvador made history by being the first country in the world to make bitcoin legal tender in 7th of September 2021. Many may wonder, why a relatively poor country like El Salvador was the first to do this, rather than a country from the technological forefront like Japan? One of the main reasons are global remittances.
19.11.2021This monthly report examines the most important cryptocurrency news in October and delves into the fact that cryptocurrencies are going mainstream.
05.11.2021Cryptocurrencies will change the world more than many can imagine. Understanding the potential of cryptocurrencies and increasing their use will inevitably lead to a situation where many of the problems and challenges familiar today will be history in the future. This paper introduces how cryptocurrencies are revolutionizing the world and explain how this is possible in practice.
26.10.2021Bitcoin's Lightning Network is a protocol built on bitcoin. The Lightning Network aims to improve the scalability of bitcoin. The Lightning Network is an entirely separate protocol from the Bitcoin blockchain to enable immediate bitcoin transfers in the future. This text introduces the basics of the Bitcoin Lightning Network and explains how the Lightning Network works.
13.10.2021This monthly report goes through the most important cryptocurrency news in September and delves into cryptocurrency news related to different countries in particular.
05.10.2021Gresham’s law is an old theory in economics stating that bad money drives out good money. This economic phenomenon has been observed many times in history around the globe, from ancient Greece to modern times. Another economic theory states completely the opposite. According to Thier’s law good money drives out the bad money. Usually Gresham’s and Thier’s laws have been attached to coins made out of precious metals, but can they also apply to digital money like Bitcoin, and which of the laws is correct?
16.09.2021This monthly report covers the most important cryptocurrency news in August and delves deeper into the position of Bitcoin and Ethereum as payment methods.
07.09.2021Ethereum is currently the second-largest cryptocurrency in the world. New and innovative applications are continually being published in the Ethereum blockchain. Ethereum’s position as the most popular platform on the market has been strong throughout its history. Even today, most of the new cryptocurrencies entering the market are built in the Ethereum blockchain. This article aims to discuss Ethereum and the factors influencing its future.
02.09.2021Now that the inflation has rapidly risen after the Covid stimulus measures, it is good to look at in what different ways one can protect their wealth and property. In this blog I will compare different asset classes that have traditionally been used against inflation and see how Bitcoin does in this comparison. In short, inflation means the weakening of purchasing power, meaning that tomorrow you don’t get as many goods for the same amount of money as today.
12.08.2021This monthly report covers the most significant news in the cryptocurrency world from July.
05.08.2021The blockchain is one of the most talked about technological innovations in recent years, and it has very high expectations around the world. It is possible to utilize the blockchain for several various purposes. The blockchain is also closely related to cryptocurrencies. Each cryptocurrency requires a blockchain to work. Thus, without blockchains, there would also be no cryptocurrencies. This article aims to talk about blockchains and the benefits they bring.
30.07.2021Ethereum is the largest ecosystem in the cryptocurrency market. The great popularity of the Ethereum blockchain has led to its capacity limits beginning to come in recent years. Ethereum 2.0 is the latest version of Ethereum's blockchain, which aims to solve the scalability challenges faced by Ethereum. This article takes a closer look at what Ethereum 2.0 is and how it affects the operating principle of Ethereum.
15.07.2021This monthly report goes deeper into the most significant events in the cryptocurrency world in June.
06.07.2021Stablecoin is a cryptocurrency whose main task is to keep its value as stable as possible in all situations. Almost always, this means that the value of one stablecoin should stay as close as possible to one dollar. Stablecoins offer excellent protection against the high volatility of the cryptocurrency market. This text aims to tell you about the different stablecoins and describe more about where they are needed.
17.06.2021Monthly savings is an easy and effortless way to start saving for the future. Regular monthly savings offers several different benefits, such as a way to spread your investments over time. The purpose of this text is to tell the reader about the benefits of monthly savings and how monthly savings in cryptocurrencies is possible in Northcrypto’s service.
20.05.2021Monetary policy refers to central banks’ decisions to influence the price of money and the amount of money in the economy. In practice, this means decisions on interest rates and increasing the amount of money in circulation. The absolute strength of the world’s largest cryptocurrency, bitcoin, is its unchanging monetary policy. This article aims to discuss the monetary policy practiced by central banks and explain how it differs from bitcoin’s monetary policy.
29.04.2021We have added Aave and Chainlink to our service. Trading on Aave and Chainlink is possible in our service immediately.
06.04.2021DeFi (Decentralized Finance) is currently one of the most significant topics in the cryptocurrency world, and it is expected to change the way we use banking services in the future. In practice, DeFi means that traditional financial services are brought on a decentralized blockchain, eliminating the need for third parties such as banks. The purpose of this text is to inform the reader about DeFi and the opportunities it offers.
25.03.2021Bitcoin and Ethereum are currently the largest and most significant cryptocurrencies in the world. Bitcoin and Ethereum differ from each other in many different ways. Knowing these differences is very important if you want to gain a broader understanding of cryptocurrencies. This paper aims to explain the basics of Bitcoin and Ethereum and the main differences between these two giants.
11.03.2021You can now sign up and trade on behalf of a company.
11.03.2021Several central banks are currently developing their digital currencies based on blockchain technology. By developing their own digital currencies, central banks aim to move society towards more controllable currencies. Digital currencies based on blockchain technology offer central banks numerous advantages over traditional currencies. This text aims to tell about central banks’ digital currencies and how they differ from traditional cryptocurrencies. Finally, it is also described at what stage the development of central banks digital currencies is today.
24.02.2021Numerous people around the world are interested in the price of bitcoin on a daily basis. Bitcoin is a highly volatile investment, and the price of bitcoin can fluctuate very much, even in the short term. Buying Bitcoin in an investment sense has grown tremendously in recent years. This article aims to tell the reader about bitcoin and its price movements and discuss bitcoin’s possible price in the future.
10.02.2021We have opened instant bank deposits for our customers who use a Finnish bank account.
04.02.2021Bitcoin is the oldest and most famous cryptocurrency in the world. The history of Bitcoin is very colorful and involves several exciting events. History helps to understand the present, and knowing Bitcoin’s history is recommended for anyone interested in Bitcoin and other cryptocurrencies. The goal of this text is to introduce Bitcoin and its history.
27.01.2021One of the biggest criticisms of bitcoin is the high electricity consumption of bitcoin. Electricity is needed for bitcoin miners, and mining currently consumes more electricity than many countries in the world. This text aims to discuss bitcoin's electricity consumption and consider whether the concern raised in recent years about bitcoin's increasing electricity consumption is justified
13.01.2021Cryptocurrencies contain numerous terms that may seem a little foreign at first. Mastering the terminology of cryptocurrencies helps to understand the cryptocurrency world. This article aims to make the reader familiar with the terminology of cryptocurrencies.
06.01.2021The year for cryptocurrencies was very bullish and eventful. The year 2020 remembered above all for the sharp collapse of the market caused by the coronavirus and the subsequent sharp rise in prices, the third halving of Bitcoin’s history, the rise of DeFi services, the entry of institutions and large investors, and most recently Bitcoin’s new ATH. This article aims to present the most significant events of this year in cryptocurrencies.
30.12.2020We opened registration for nine new countries.
17.12.2020There are currently 1,7 billion people in the world without their own bank account. Often, these people are in the most vulnerable position, with no access to traditional banking services. Most people living without a bank account are from Africa, Asia, and South America. However, the proportion of people living without a bank account is also relatively high in many Western countries. The lack of a bank account prevents several things that many of us take for granted today. Without a bank account, it is not possible to transfer money electronically to others, store assets in digital form, earn interest on deposits, or get a loan. This text aims to explain how the lack of a bank account affects people and how Bitcoin enables banking services for everyone.
16.12.2020Inflation is definitely something whose basics are important for everyone to understand. With the coronavirus crisis, central banks have begun putting new money into the market at an unprecedented pace. Inflation is, therefore, a very topical issue at the moment. This text aims to explain what inflation means and what are the consequences of inflation. Also, the text talks about bitcoin and how bitcoin is more resistant to inflation than traditional currencies.
02.12.2020Where are cryptocurrencies stored? Storing cryptocurrencies raises many questions for many people. Today it is possible to store cryptocurrencies in many different ways. If you are considering storing your cryptocurrencies, you should definitely think about which storage solution suits best your needs. At its simplest, it is possible to store cryptocurrencies in the same place where they were purchased. Cryptocurrencies can also be kept in your own cryptocurrency wallet. In this case, they are entirely under your control. This text introduces the most common ways of storing cryptocurrencies.
25.11.2020Cryptocurrency forks are updates of cryptocurrency program codes. Forks make it possible to change features of cryptocurrencies, fix bugs, or even create entirely new cryptocurrencies. Cryptocurrency forks do not require any action from regular cryptocurrency investors. Firstly, this article will provide basic information about both cryptocurrencies and blockchain technology. After that, we will talk about a hard fork and soft fork, and finally introduce the most famous forks.
18.11.2020People have been striving for gold for thousands of years. Gold has served as a basis for both kingdoms and currencies. It is not very long since the US dollar was pegged to gold, and the currencies of all other countries were pegged to the value of the dollar. Today, one of the main reasons to invest in gold is to secure your wealth in times of uncertainty. The first block of Bitcoin was created on January 3rd, 2009. This is also widely accepted as the birthday of Bitcoin. Bitcoin is the oldest and best-known decentralized virtual currency in the world. Bitcoin has grown in popularity over the years, and today many experts call it the digital gold. The purpose of this text is to compare gold and Bitcoin as an investment.
11.11.2020More and more people are interested in investing in cryptocurrencies. In cryptocurrencies, investors are particularly attracted by the revolutionary technology and the opportunity to invest in a completely new investment type. While all investors make mistakes, some mistakes are easier to avoid than others. This text aims to list the most common investor mistakes and explain how these mistakes can be avoided.
04.11.2020Bitcoin is the most popular and best-known decentralized virtual currency in the world. More and more people are interested in learning more about how bitcoin works. The Bitcoin halving is one of the key features of Bitcoin. Understanding the Bitcoin halving always requires an understanding of the basic principles of Bitcoin. After reading this text, you will understand the basics of Bitcoin and what Bitcoin halving actually means.
21.10.2020Are you interested in buying Bitcoin? Bitcoin is the most famous cryptocurrency in the world and people’s interest in Bitcoin has been growing steadily. Buying bitcoin is extremely easy and Bitcoin’s uses and popularity as an investment have grown exponentially in the recent years. After reading this text, you will understand the basics of Bitcoin and how bitcoins can be purchased.
08.10.2020We again expanded our supported countries to serve customers throughout the euro area.
08.04.2020As a result of this change, our web page has also been translated into two new languages.
02.03.2020You can start trading Ethereum immediately.
18.12.2019One of the most desired features has finally been implemented.
14.11.2019The registration application was accepted among the first companies today.
31.10.2019Our client fund account was transferred to German WEG Bank making deposits free of charge.
21.10.2019The long-awaited Referral program has been introduced.
08.08.2019Northcrypto's service to register under financial supervision authority, new cryptocurrency coming.
17.07.2019Our mobile app for Android was released in Play Store on June 1st.
05.06.2019The first competition has finished and it's time to announce the winners.
02.05.2019Our exchange was launched about a month ago and the popularity has exceeded our expectations.
04.04.2019We are upgrading our service and our website will not be available for about an hour.
27.03.2019The investing platform to blockchain technology has been published.
07.03.2019