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
Crypto Sustainability and Green Solutions at COP26
It is no secret that cryptocurrencies come with a significantly high carbon footprint. But today, cryptocurrencies are more mainstream than ever and regulate different markets. So, crypto issuers are surely researching how to cut back energy costs. In the future, cryptocurrency mining will turn to renewable energy use. Using this type of energy would accelerate crypto adoption in many countries. During the COP26 summit, many crypto experts analyzed sustainable crypto initiatives that made the crypto news. Long-term Impact of Crypto Crypto…
4 years ago
An Intro to Stablecoins for Beginners
Stablecoins are cryptocurrencies that peg their values to other assets to avoid massive market volatility. When Bitcoin appeared, many investors envisioned it as a means of payment for everyday products like pizza. For instance, Laszlo Hanyecz paid 10,000 BTC for two pizzas in 2010. At that time, BTC’s value was dismal and below one dollar. However, the same order would cost someone over $600 million today. In the past decade, Bitcoin has increased in value exponentially. However, it was also the…
4 years ago
Is Holding Cryptocurrency A Good Long-Term Strategy?
For most of their history, cryptocurrencies have been viewed by the mainstream as glorified gambling tools. In 2017, multi-millionaire life coach Tony Robbins said that buying Bitcoin was like “going to Vegas.” Innumerable others, including Warren Buffet and Peter Schiff, have criticized the asset class as lacking any ‘intrinsic value.’ Despite years of ridicule along these lines, it appears that the nearly $1 trillion asset class is here to stay. Therefore, cryptocurrencies may provide more opportunities for profit besides serving…
4 years ago
What Is An ICO (Initial Coin Offering)?
An initial coin offering – or “ICO” – is a new fundraising method unique to the crypto industry. It is a digital asset-based variant of Initial Public Offerings, or “IPOs.” However, the company rewards investors with a unique cryptocurrency or token rather than raising funds through publicly selling shares. This article will explain how ICOs work and address some pros and cons of the funding model. It will also cover how one starts his own ICO project while examining past…
4 years ago
Should I Keep My Bitcoin On An Exchange Or In A Wallet?
Cryptocurrency has taken the world by storm. Yet, today, it is likely that someone using the internet has yet to hear about Bitcoin even once. Yet, such is the popularity of cryptocurrency that many companies and brands accept it as payment. Additionally, dozens of crypto exchanges allow you to buy any cryptocurrency with fiat money. Buying cryptocurrency has become incredibly accessible, and you can find guides and articles on how to do so. However, most Bitcoin owners have one question.…
4 years ago
How to Make, Buy, And Sell NFTs?
If you are an avid internet and social media user, you must have heard about NFTs, short for non-fungible tokens. They refer to a digital asset stored on a ledger, like a blockchain. NFTs can be anything, from a tweet to a song. Also, it can be a digital painting, a highlight reel from baseball, and much more. Above all, these NFTs sell for millions of dollars. Due to their high value and demand, artists worldwide are thinking about jumping…
4 years ago
How Can An NFT Be Used Outside The Scope Of Art Ownership?
Non-fungible tokens, or NFTs, are the next biggest thing in cryptocurrency. And people have been scrambling to make, buy, and sell NFTs all over the world. For instance, some investors go as far as investing over $500 million in digital art images. As the NFT craze continues, we must determine whether these tokens will evolve past art ownership. Billions of dollars have already changed hands through the sale and purchase of NFTs. So, crypto enthusiasts and experts are looking to…
4 years ago
Can the US Government Really Track Bitcoin Transactions?
In the last decade, Bitcoin has had significant attraction and growth worldwide. Today, Bitcoin has the support of hundreds and thousands of users and has become a bastion in the crypto landscape. Despite its tumultuous history, Bitcoin remains the most reliable and profitable long-term investment. On the other hand, the viability of this cryptocurrency is more anonymous than people think. Of course, BTC holders can avoid the control of traditional financial institutions. But it also carries an added risk that…
4 years ago
Can a Video be an NFT? – All about NFT
Proof of ownership, NFTs, NFT marketing, and decentralized longevity are no longer just mere words. They carry a substantial impact on the crypto landscape. These words have the power to shape digital media’s future. It would be fair to state that NFT news continues to be exciting. Not to mention crypto news and trends are also endless. This heightened sense of curiosity and interest will garner more attraction in the market and make NFTs mainstream on a global stage. No…
4 years ago