Fungibility has been a consistent theme of 2021, following the meteoric rise of NFTs. But what’s the deal with “semi-fungible” tokens and how do they work? The interest surrounding non-fungible tokens (NFTs) reached astounding levels in the first half of this year. Data from NonFungible showed NFT sales surged to over $2.4 billion in the first quarter – 20 times more than the …
If you want to adopt an active trading style, you need to know how to read the market. Knowing how to read the order book is an essential skill that will help you understand more about an asset’s buy and sell pressure. The order book provides you with the insights you need to make an …
Sometimes it takes just one stock to bring the market’s worst fears to life. On Wednesday, that stock was Target. It was a day straight out of investors’ nightmares. The Dow Jones Industrial AverageDJIA –0.75% fell 1,164.52 points, or 3.6%, while the S&P 500SPX –0.58% declined 4%, and the Nasdaq Composite dropped 4.7%. The S&P 500 and the Dow had their worst days since …
Each year, Bitcoin continues to grow in stature. Bitcoin is going mainstream by every metric — financial value, adoption rates, transaction volume, you name it. But not everyone’s happy Bitcoin adoption is growing. In particular, the banking industry feels threatened by bitcoin’s rise and continues to wage war on the cryptocurrency. That banks don’t like Bitcoin …
Bitcoin is the greatest threat to banking. Banks’attempts to discredit bitcoin Read More »
The popular FAANG trade may be dead for this bull market cycle, with the five components facing headwinds from geopolitical tensions, product saturation and a bearish shift in sentiment triggered by numerous privacy issues. Many former cheerleaders now view these too-big-too-fail operations as Big Brother overlords, sniffing our private lives through chatty home assistants, data-mining sites and those handheld marketing …
Why did Luna crash? Luna crashed due to its link to terraUSD (UST), a stablecoin which was pegged to the US dollar. Stablecoins are cryptocurrencies linked to traditional ones. UST decoupled from the dollar earlier this week, which sent its price tumbling through the floor. Luna’s market cap has fallen from $40bn (£32.9bn) to little …
One of those is NFTs (non-fungible tokens), unique digital assets minted or bought and traded for on secondary markets. This guide will explain PFP NFTs and why they’re surging in popularity. The First Step Is to Comprehend the Metaverse This is where things start to get a little science fiction if this is your first time hearing …
Bitcoin adoption around the world is taking shape Bitcoin adoption around the world is taking shape. Some examples from Bitcoin 2022 offer a window into how Bitcoin is helping people in emerging markets. It was an honor to take part in this year’s Bitcoin 2022 Conference in Miami. The inspiring conversations that took place at the convention …
Bitcoin adoption around the world is taking shape Read More »
A Closer Look at the Most Expensive NFT Art Now we have highlighted the top 10 most expensive NFTs ever sold, let’s take a closer look at each one. In order to truly decipher the value behind these tokens, we are going to take a deeper look into the communities behind each project, the rarity of multi-collection …
DeFi: Understanding impermanent loss 3650% APY, even 100,000%. These numbers are cool, till it’s not. Yield farming projects throw about the insane figures for APY and everyone wants to provide liquidity to farm more tokens, till it isn’t cool when you see your tokens diminishing in value or you make losses. Rewind ⏪︎⏪︎ What does it mean …
