Accubitz Blog

IRA, 401k, Crypto, News

What is an Asset-Backed Token?

An asset-backed token is a blockchain token that is connected to a tangible or intangible object that has economic value. There are fungible (often referred to as security tokens) and non-fungible asset-backed tokens that can represent various real-world (physical) assets. Non-fungible means that... more

Coins to Watch that Aren’t Bitcoin

Bitcoin continues to lead the pack of cryptocurrencies, in terms of market capitalization, user base, and popularity. Going by the current trend, cryptocurrencies are here to stay but how many of them will emerge as leaders amid the growing competition within the space will only be revealed with... more

Initial Coin Offerings (ICOs) and How They Work

An ICO is an abbreviation meaning Initial Coin Offering, it’s the cryptocurrency equivalent of a traditional Initial Public Offering, also known as an IPO. In an IPO, investors exchange money for equity in a public company, so ICOs are similar in that they’re used to raise funds to develop new... more

Bitcoin and Bitcoin Mining Explained

What is Bitcoin? Is Bitcoin a currency? An investment? An asset? A stock? Well, yeah. It can be all of them. One individual Bitcoin is a piece of digital currency, otherwise known as BTC. As a general concept, Bitcoin is a system for securely buying, storing, and using money digitally. Bitcoins are... more

Types of Decentralization as it Applies to Blockchain

The blockchain is a database of information. This information is not stored in a single place, but across a variety of data servers that participate in the network, this is what is called “decentralized”, because there is no central point. All information and the identities of the users are... more

Bitcoin, The First-Ever Cryptocurrency, Turns Ten Years Old

Tomorrow, October 31st marks the 10 year birthday of Bitcoin, the world’s first cryptocurrency. The coin’s first introduction was in the midst of the 2008 global financial crisis, in a white paper written by Satoshi Nakamoto. Bitcoin conveyed a political vision. This political vision set out in... more

The Humble Ravencoin (RVN) Continues to Surge

It’s nothing short of an understatement to say that over the month of October, Ravencoin has had a significant surge. Ravencoin has seen their seven-day volume increase as much as 61,929%, with a 24-hour volume change at 55%. This comes after the coin pumped 257% after its listing on Binance on... more

Bitcoin Rises as Tether Investors Jump Ship

For those who have been involved in crypto for more than just this past year, you might remember the gossip that swept the crypto world about the validity of the stablecoin called Tether. Questions about whether or not each Tether token is legitimately backed by the U.S. dollar, questions about an... more
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