Trading & Investing
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Cryptocurrencies have become quite popular during the recent period, and several of them had explosive growth, which makes it tricky to determine which one is the best investment.
That said, no doubt investing in cryptocurrencies can be lucrative if it succeeds over a period, like Ethereum and Cardano demonstrated in the past.
ERC-20 and ERC-721 are all Ethereum token standards that introduced fungible, and non-fungible tokens (NFTs) to the network, respectively. But what do they really mean, and how are they relevant to you while trading? In this article, we’ll attempt to answer all that, and tell you everything to know about ERC-20 and ERC-721.
The word Metaverse was the hot-new buzz word for 2021, and that has pretty much rolled on into 2022. The concept has drawn billions of dollars in investment, plenty of excitement, and a lot of confusion and concern over the idea. The Metaverse today is a lot like the internet in the 1980s, where there was a lot of hype and speculation on the future of communication, but very little of us knew what it would actually look like or how it would develop.
Being on the top of any industry is a great achievement, let alone if that’s the notoriously highly competitive Non-Fungible Token (NFT) space. CryptoPunks was not only among the very first collections ever, but played a significant role in introducing the NFT standards we know today by being the go-to reference for many. Today, CryptoPunks are in the spotlight, so we’ll tell you everything about them, and try to see whether they are worth their often hefty price tags.
Last week was mostly uneventful in the crypto market, with prices being relatively stable following a bloodbath ignited by Terra’s collapse earlier. Many analysts argue that in the near future, we might see a proper bear market unfold, which essentially means prices will drop over a longer period of time. This, however, does not mean that there’s nothing to do—in fact, such times are often even more opportunistic than when prices are constantly on the rise.
The cryptocurrency market is known for its exciting ups and downs, which has deterred many investors from participating in this relatively new asset class. Stablecoins are a sort of cryptocurrency that intend to eliminate price fluctuations and can endure even the most extreme conditions—read on to learn all you need to know about these one-of-a-kind crypto assets.
Ashish Mehta of Ashish Mehta & Associates, a law firm based in Dubai, has announced plans to start accepting crypto for payments. The firm's founders have largely attributed this step to Dubai’s crypto-friendly regulatory environment.
Crypto trading with its tempting returns can often blind investors and make them do moves they wouldn’t even think of otherwise, like placing all their funds into one asset, or ignoring the risks involved. It’s notoriously hard to recognize when one is falling into the same trap, so today, we’ll explain exactly how to reliably limit your losses and maximize your profits when trading crypto.
Egypt, Jordan & Pakistan attend meeting to discuss Bitcoin in El Salvador
Nayib Bukele ,El Salvador President, announced on Twitter that 32 central banks and 12 financial authorities from 44 countries, meet on Monday, May 16, to discuss financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout and its benefits in the country.
The Dangers of Terra LUNA, UST, & Crypto Cheerleading Culture
The meteoric rise of the Terra ecosystem, coupled with cheerleading by key figures in the crypto community, left little room for vocal skepticism on Terras rise to the top. Negligence and lack of rigorous due diligence by the wider crypto ecosystem has put crypto participants and the broader Bitcoin ecosystem at risk.
Non-Fungible Tokens (NFTs) have completely reinvented the way we think about digital ownership, and Bored Ape Yacht Club (BAYC) was among the first collections that introduced the world to this industry with massive potential. Today, we’ll take a closer look at BAYC, namely how it started, how it’s going, and what’s ahead for this NFT project.
Last week was all about treating the bruises and trying to draw the right conclusions from the negative price developments triggered by Luna’s and UST’s unexpected landslide. Fortunately, the market seems to have got a grip, and it could be ready for a rebound in the near future—see what other, notable events happened during the past seven days that can contribute to positive times to come.
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