Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Guides
The Best NFT Tools to Use
The growing NFT economy brings a whole new set of possibilities to the market. While buying NFTs used to be a relatively straightforward activity, the sector has new complexities. It is common to see many NFT tools appearing online in this context. However, as we will see in today’s guide, investors can benefit from different tools. Therefore, the list below is not a ranking and mentions tools belonging to many categories. BitDegree Using BitDegree, it is possible to identify and…
3 years ago
How to Play with Crypto on a Live Bitcoin Casino
Crypto gambling is a game of chance, and if you wish to take it, here’s how you can play on a live Bitcoin casino. In 2022, Bitcoin gambling will be among the top favorite activities for cryptocurrency holders and casino gaming enthusiasts. The increasing number of live crypto casinos attracts players with numerous table games, slots, VIP programs, and irresistible rewards. As with any new trend, some beginners may need help navigating crypto casinos successfully. Therefore, we put together this…
3 years ago
How Can You Determine the Rarity of an NFT?
The rarity of a non-fungible token (NFT) is one of the most often debated topics on the internet. The rarity of an NFT is one of the most critical elements in determining its value. Understanding how rarity works is a significant advantage for anyone investing in the NFT market. How can traders learn to measure this feature for any digital asset? Our guide today will share more insight into this critical aspect. Is It Possible to Measure Rarity? There has…
3 years ago
What is Tornado Cash, and How Does It Work?
Decentralized and non-custodial, Tornado Cash is an Ethereum-based solution for privacy and anonymity. Severing the on-chain link between those who send and receive coins enhances transaction anonymity. This guide will provide our readers with more insight into Tornado Cash. We will start with a general introduction and explore how Tornado Cash works. We will also add a list of pros and cons to this system for the reader's benefit. Understanding Tornado Cash Decentralized protocols such as Tornado Cash (TORN) use…
3 years ago
How Can Crypto Trading Bots Help You Manage Your Investments?
Bots are computer programs designed to carry out specific activities automatically. They operate with the least amount of human input possible. Crypto trading bots are automated programs that trade a single coin or a portfolio of cryptocurrencies. They trade on one or more exchanges on behalf of the owner or user. Cryptocurrency bots can automate trading tactics to increase portfolio profits. Today, we'll take a closer look at this ever-expanding technology. A Simple Way to See Crypto Trading Bots Artificial…
3 years ago
Can You Really Protect Your Crypto Investments Against Whales?
It is only natural that the price of BTC changes following whales' transactions. Because altcoins have smaller market capitalizations, this effect is even more pronounced on their prices. The ways whales manipulate the market are inventive and can lead to heavy losses for small traders. In our guide, we look into the matter and reflect on how to protect a wallet against whales. Understanding the Concept of Whales The term "crypto whale" refers to a person or organization with a…
3 years ago
What Are Fractionalized NFTs?
Most people who use the internet regularly, whether for business or pleasure, are familiar with NFTs. Everyone in the crypto/blockchain community looks at these "Non-Fungible Tokens” with interest. The only problem is that NFTs are becoming extremely popular and too costly to own. In this context, Fractional NFTs, or F-NFTs, have entered the market to attract new investors. Imagine dividing a single NFT into smaller parts and making it available for purchase. This concept is the principle governing the growing…
3 years ago
Diluted Market Cap – A Beginners’ Guide
The value of a cryptocurrency is difficult to predict, especially if we are dealing with a new token. However, if you're looking to invest in cryptocurrency, measures like the fully diluted market cap can guide your choices. The term "fully diluted market cap” will represent the core of today’s guide. We'll begin by defining the sector's market capitalization before moving on to more advanced notions. Market Cap in the Crypto Industry The total worth of an asset now in circulation…
3 years ago
Top Crypto Marketing Agencies to Promote Your Project in 2023
Nowadays, launching a crypto project can be a daunting task for most developers, especially considering the competition. This report claims that the industry amasses over 22,000 cryptocurrencies as of January 2023, so you face stiff competition if you focus on NFTs, DeFi, or any other crypto-related activity. Fortunately, you can gain a competitive advantage over your peers with the help of crypto marketing agencies. These services cover all the promotional aspects your project needs to get into the spotlight ahead…
3 years ago