what is cryptocurrency
What is cryptocurrency
Proof-of-work coins, especially Bitcoins, have been criticized for their energy usage. The profitability of Bitcoin has driven the construction of many large operations with thousands of computers that are specially optimized integrated circuits for mining, hells spin. This has led to Bitcoin consuming 0.5 percent of the world’s electricity. Defenders of Bitcoin have stated that the currency could accelerate the world’s transition to renewable energy by providing a profitable use for wind and solar power during off-peak hours.
Although cryptocurrency is defined as a form of “digital currency”—implying it’s a kind of money—most businesses and consumers have not adopted it as a common medium of exchange. In other words, most stores will not accept crypto as a form of payment.
In January 2024 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrency in their portfolios.
The future of cryptocurrencies is a topic of great excitement as cryptocurrencies like BTC and ETH continue to evolve and integrate with the mainstream financial system. It is anticipated that the usability and trust in cryptocurrencies will rise as regulations become more supportive and clearer, making them an alternative method for everyday transactions.
Cryptocurrency market
An altcoin is any cryptocurrency that is not Bitcoin. The word «altcoin» is short for «alternative coin», and is commonly used by cryptocurrency investors and traders to refer to all coins other than Bitcoin. Thousands of altcoins have been created so far following Bitcoin’s launch in 2009.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs.
An altcoin is any cryptocurrency that is not Bitcoin. The word «altcoin» is short for «alternative coin», and is commonly used by cryptocurrency investors and traders to refer to all coins other than Bitcoin. Thousands of altcoins have been created so far following Bitcoin’s launch in 2009.
One of the biggest winners is Axie Infinity — a Pokémon-inspired game where players collect Axies (NFTs of digital pets), breed and battle them against other players to earn Smooth Love Potion (SLP) — the in-game reward token. This game was extremely popular in developing countries like The Philippines, due to the level of income they could earn. Players in the Philippines can check the price of SLP to PHP today directly on CoinMarketCap.
Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs. These charts and their information are free to visitors of our website. The most experienced and professional traders often choose to use the best crypto API on the market. Our API enables millions of calls to track current prices and to also investigate historic prices and is used by some of the largest crypto exchanges and financial institutions in the world. CoinMarketCap also provides data about the most successful traders for you to monitor. We also provide data about the latest trending cryptos and trending DEX pairs.
Pi network cryptocurrency
The Effective Total Supply of Pi—the total Pi supply at the current time—allocates Pi proportionally the same as the Maximum Supply. Since every allocation tracks the Migrated Mining Rewards of the community, the Effective Total Supply can be calculated by dividing the current Migrated Mining Rewards of Pi on the Mainnet blockchain by 65%. The other allocations within the Effective Total Supply can then be calculated based on the same proportions as the Maximum Supply, e.g. at most 10% of the Effective Total Supply is available in the foundation reserve, 5% of the Effective Total Supply is available for liquidity purposes, and 20% of the Effective Total Supply is available for the Core Team. This remains true despite the fact that all tokens were minted at the genesis as technically required by the blockchain protocol.
Since its open mainnet launch back in February 2025, Pi Network has built a strong community of over 60 million users. However, it’s also faced a fair share of challenges. The project has struggled with low liquidity, weak transaction activity, and the lack of smart contract features — which are crucial for building decentralized apps on any blockchain.
These extensions, while explained as measures to ensure inclusivity and network strength, have faced criticism from community members who sometimes view them as delay tactics for postponing the Open Network launch.
Hawk tuah girl cryptocurrency
However, in a new interview with Vanity Fair, she’s also addressing the explosive cryptocurrency fallout that not only saw fans turn on her, but caused her to leave the internet following her viral fame.
Before Tuesday (March 25), there had not been a post on Instagram from Welch for five weeks, the previous X / Twitter post from her was December 20, and there hasn’t been a new episode of the Talk Tuah Podcast since December 3.
The sudden drop in value caused backlash from Welch’s fans, with one person calling her out online as they wrote: «I am a huge fan of Hawk Tuah but you took my life savings. I purchased your coin $Hawk that you were so excited about with my life savings and children’s college education fund as well.»
The lawsuit did not directly name Welch, but instead claimed her social media following had been used to market the coin by defendants including Tuah The Moon Foundation, which oversaw the memecoin’s finances; OverHere Ltd, which created the coin; Clinton So, executive at OverHere; and the coin’s promoter Alex Larson Schultz.
In a now-deleted interview, Welch previously expressed regret over her crypto endeavors. She admitted her knowledge of cryptocurrency was limited and that she didn’t fully understand what she was getting involved with.