The Uncut Lab Education Corner
Your one-stop shop for blockchain, cryptocurrency, and cloud computing education.
The Uncut Lab Education Corner
Your one-stop shop for blockchain, cryptocurrency, and cloud computing education.
Trading bots were conceptualized way back in 1949 when Richard Donchian developed a system that would allow automated systems to follow a set of rules to buy and sell financial instruments. His idea of rules-based trading was adopted by famous traders particularly Henry Ford and also by many others in the 1980s. Trading bots saw […]
A cryptocurrency trading platform is an exchange platform that allows cryptocurrency traders to buy one digital currency for another or to convert one digital currency to fiat currency. Virtual cryptocurrency platforms were created following the launching of Bitcoin, the first decentralized cryptocurrency, in 2008. In the early days, those exchange platforms strictly dealt in the […]
When Satoshi Nakamoto created the first cryptocurrency, Bitcoin, in 2009, he aimed to create anew mode of payment that would be universally accepted and decentralized. That is, he wantedto create a universal medium of exchange that would be without the control of any financialinstitution or intermediary. How Cryptocurrency Trade Works (Source: medium.com) The reception was […]
Taxation on cryptocurrency trading in the United States was addressed by the Internal Revenue Service in its notice 2014-21. According to the IRS, all cryptocurrencies qualify as assets rather than currency and are, therefore, subject to a capital gains tax when they are traded for profit. Tax Considerations in Cryptocurrency (Source: BitIRA) Whether you sell […]
Cryptocurrency futures recently just gained wide acceptance after their regulatory approval at the end of the year 2018. However, the trading of futures can be traced back to the 1840s when wheat buyers and sellers would agree on a price before the wheat was even produced to protect themselves against possible inflation or unforeseen price […]
History of Trading and Stock Markets Although trading can generally be traced way back to prehistoric times, the first real stock markets did not appear until the 1500s. In the past, investors were known to visit coffee shops regularly to buy and sell stocks. After a while, they decided to create a marketplace for the […]
There is a lack of information on crypto. And for those who are disconnected from the traditional banking system, the information is sparse. Our focus on financial inclusion and making sure we’re putting information into the public domain that is accessible for populations that have been traditionally left out of the wealth management industry is […]
In 2008, the world was reeling from a financial crisis. The crack on the wall was long visible before then: in the early-to-mid 2020s, when housing prices increased, many banks, due to deregulation in the financial industry, started expanding their mortgage products to buyers with poor credit histories. Then home prices faltered, and the crisis […]
How does cryptocurrency mining work? Just like gold is mined so also are crypotcurrencies. However, while a gold miner needs tools such as excavator, high-bankers, and slurry pumps to do his job, a crypto miner, on the other hand, needs hardware such as a customized PC with important, core elements such as CPU, motherboard, RAM, […]
Cryptocurrencies exist purely as digital financial assets. You cannot touch them. You cannot hold them. Instead, you just have some numbers moving up and down on your screen and, from time to time, a record of transactions to prove your ownership of them. Those numbers are determined by the free market force of demand-supply dynamics. […]
