Rain Blog

Bitcoin As Legal Tender? How Many Countries Will Follow El Salvador’s Lead?

In September of 2021, a tiny country in Central America created history and sent ripples in the global financial system when its legislative assembly voted to make Bitcoin the country’s legal tender, making the world’s largest cryptocurrency a legally accepted means of exchange for services and goods. El Salvador could provide an interesting case study about Bitcoin as legal tender and how it could be implemented, enabling other countries, such as the Central African Republic, to follow suit.

A Guide To The Bitcoin Taproot Upgrade

Taproot is one of the biggest upgrades to the Bitcoin network, going live on 14th November, 2021. The upgrade was one of the most eagerly anticipated and most important technological upgrades to Bitcoin since 2017’s Segregated Witness (SegWit) upgrade, and is designed to improve the efficiency and privacy of the Bitcoin network. This article takes a look at why the Taproot upgrade was implemented, what are the changes that it enforces, and how it benefits Bitcoin in the long run.

Bullish vs. Bearish Candlestick Chart Patterns

Technical candlestick chart analysis is immensely popular among professional and hobby traders alike, and with good reasons. Patterns, or even a single candlestick can often accurately determine the next move of prices, which can unlock consistent profits for whoever chooses to leverage them. In this article, we’ll touch on the market’s favorite candlestick chart patterns that either foreshadow bullish, or bearish price actions—stay tuned to see them all.

Snoop Dogg x Metaverse: An Insane Combination

The metaverse has attracted tens of thousands of individuals, including globally renowned celebrities of all kinds. Famous rapper and musician Snoop Dogg is among the most active popular persons in the field, as he dove straight into the virtual estate and item markets of numerous digital realities—in this article, we’ll explore how he did so, while discovering the worlds he joined in detail.

Cryptos to Follow This Week: ETH, BTC, GRT, AXS

There are countless crypto assets available for traders and investors, so it can often be challenging to narrow down focus and spot the best ones out there. In this article, which is the first installment of an upcoming series, we’ll try to bring three to four tokens each week for everyone to keep an eye on. Ethereum (ETH), Bitcoin (BTC), The Graph (GRT), and Axie Infinity Shard (AXS) form this week’s pack—read on to see why.

Noun NFTs are Taking the Crypto World by Storm

Nouns have sold over $100M worth of NFTs so far, with 1 Noun every 24 hours, making the average price per one  around $100,000-$200,000. These figures are quite impressive, and they are the reason why this new collection is the focus of this article—read on to find out all you need to know about Nouns.

Weekly Crypto Market Recap 10

Last week was a mixed bag for most crypto assets. There were significant ups and downs in prices, with BTC and many major altcoins attempting to break resistance levels, while crypto regulation switched to a higher gear at a global scale—read on to see the market stands now.

Bitcoin Cold Storage: Understanding Cold Wallets

Bitcoin has experienced a surge in popularity in recent years, increasing its usage and acceptance. However, a surge in popularity is a double-edged sword, bringing in an increase in fraud, theft, and hacking as well. So what should Bitcoin holders do when it comes to securing their assets? In this guide, let’s look at Bitcoin cold storage, aka offline storage.

What is Bitcoin Mining? A Brief Introduction

Getting started with Bitcoin mining can be challenging, and staying in profit, even more so. It is a fairly technical process and requires considerable resources and computing power. In theory, anyone can mine Bitcoin as long as they can invest in specific equipment dedicated to Bitcoin mining and learn how to run a successful mining operation. While mining equipment is expensive, a strategic approach could allow you to support the Bitcoin network while also enabling you to make a profit. In this guide, we will look at all the necessary aspects of Bitcoin mining.

Understanding The Bitcoin Blockchain

The term “blockchain technology” has become one of the most searched queries on the internet, reflecting its growing popularity. With businesses, enterprises, and even governments adopting blockchain, learning about it has never been more important and valuable. 

This guide will touch on the Bitcoin blockchain, understand its underlying technology, and how it functions.

A Brief Guide To Bitcoin Wallets

Bitcoin holders have several storage options to choose from, and while this is a good thing, it could also get a little overwhelming for the average user. This guide addresses the problem of plenty, giving you a brief introduction to Bitcoin wallets and which type could work best for you.

Bitcoin Trading Guide: Do’s And Don’ts Of BTC Trading

Bitcoin trading simply refers to when traders buy low and sell high. This is different from investing, where investors hold their Bitcoin for a considerable time, sometimes even years. Bitcoin trading involves studying the industry as a whole and predicting price movements in the short term based on specific factors. As a trader, you can analyze the Bitcoin price through two primary methods, technical analysis, and fundamental analysis. Starting to trade Bitcoin is relatively simple, but it takes time and patience to understand and become good at it.