12 Well-known Crypto(currencies) | 2018-2023

Context

A cryptocurrency, crypto-currency, or crypto is a collection of binary data which is designed to work as a medium of exchange. Individual coin ownership records are stored in a ledger, which is a computerized database using strong cryptography to secure transaction records, control the creation of additional coins, and verify the transfer of coin ownership. Cryptocurrencies are generally fiat currencies, as they are not backed by or convertible into a commodity. Some crypto schemes use validators to maintain the cryptocurrency. In a proof-of-stake model, owners put up their tokens as collateral. In return, they get authority over the token in proportion to the amount they stake. Generally, these token stakes get additional ownership over the token over time via network fees, newly minted tokens, or other reward mechanisms.
Cryptocurrency does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to a central bank digital currency (CBDC). When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.
A cryptocurrency is a tradable digital asset or digital form of money, built on blockchain technology that only exists online. Cryptocurrencies use encryption to authenticate and protect transactions, hence their name. There are currently over a thousand different cryptocurrencies worldwide, and many see them as the key to a fairer future economy.
Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, many other cryptocurrencies have been created.
Here are ten well-known cryptocurrencies in this dataset:

1. Tether | 2. Bitcoin | 3. Ethereum | 4. TRON | 5. BNB | 6. XRP | 7. Cardano | 8. Dogecoin | 9. Litecoin | 10. Polkadot

Moreover, a currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency. Currency pairs compare the value of one currency to another—the base currency (or the first one) versus the second or the quote currency. It indicates how much of the quote currency is needed to purchase one unit of the base currency. Currencies are identified by an ISO currency code or the three-letter alphabetic code they are associated with on the international market. So, for the U.S. dollar, the ISO code would be USD, and for the British Pound, the ISO code would be GBP.
Here are two well-known 💵currency pairs in this dataset:

1. EUR/USD | 2. GBP/USD

Acknowledgments

This Data is extracted from finance.yahoo.com.
Cover Photo by news.bitcoin.com: cover