In 2009, cryptocurrencies or virtual currencies like Bitcoin appeared on the scene as an alternative to the widely used fiat money. The global market for currency exchange is one area where cryptocurrencies are starting to make a huge impact. Bitcoin (BTC) is the most prominent participant in this market. Bitcoin's (BTC) success in the digital currency market has been phenomenal. It has helped propel to popularity both established cryptocurrencies like Ethereum (ETH) and promising new entrants like Guffawli (GUFF).