Idiot Managers, G20 regulations and Stable Coins
Despite the present scenario, which has been labeled by experts as a “bear market,” trade in cryptocurrencies continues, although at a slower pace than during a bull market.
The Russia-Ukraine War and Role of Cryptocurrencies: Aids, Sanctions & Neutrality
The world economy has been facing diverse challenges from recession due to the COVID-19 pandemic; and now there is the Russia-Ukraine war. COVID-19 dealt a heavy blow to the world economy and many people lost their lives to the pandemic. The recent happenings in Russia-Ukraine are a bit different. Cost of opportunity This is not…
India – the 30% tax is too much
The crypto space like other derivatives markets is faced with volatility. Great development has been made as regard decentralized finance (Defi); crypto savvy individuals can earn passively. With massive trends on cross-chain transactions, liquidity mining, governance token, integration of traditional finance (TradFi) into Defi, among others, the crypto space shows more reason while banning isn’t…
WEB 3.0 – Features, promises and critics
The birth of the internet can be traced down to Berners-Lee, a computer scientist at European researcher CERN. He was able to lay down the foundation of the web with three fundamental technologies and the first web page editor/browser was introduced – (“WorldWideWeb.app”): HTML: HyperText Markup Language, the markup or formatting language of the Web;…
Oasis, Metaverse and El Dorado’s Acceptance of Bitcoin
The Oasis Foundation announced the launch of a $160 million investment fund in collaboration with a host of major venture capital firms. This foundation has been a long-term, inactive layer 1 project with a focus on privacy. With this announcement, there are signs of life coming back to this project. The following are the major…
Crypto in October Report: Shiba Inu, Meta and China
The Chinese government is finding its way through regulation to control the activities in the cryptocurrency market. On Friday, one of the major cryptocurrency exchanges Huobi has ended futures and derivative trading in mainland China as planned. According to previous announcements, Huobi, China’s largest exchange, will today completely shut down futures, contracts, and other derivatives…
Decentralized exchange for BTC, BNB’s Future and VISA buys Cryptopunk 7610
Twitter CEO pushes for open, decentralized exchange for BTC High volatility has been a major concern for traders and investors in the crypto space. Despite the fluctuation in prices, especially Bitcoin(BTC) price; the need to adopt cryptocurrency hasn’t reduced with institutions pooling up funds in order not to be left behind in the space and…
Bitcoin’s Pullback: A week of turbulence
The awareness of cryptocurrencies has not soared like this since its inception. Despite the great number of adoptions and integration by corporations, the decline in digital assets in recent weeks has caused some investors, traders and newcomers to hold negative views about the crypto space. A few basics first. bitcoin and other digital assets are…
Explained: High Ether Gas Fee and the Solution
The tremendous rise in Ether price has led to transaction gas prices becoming unaffordable for small Eth transfers. This beats one of the very purposes of why cryptocurrencies were created – to eliminate middlemen and the high costs of money transfers. This article takes a deep dive into the Ether network and reveals what lies…
NFT and Opensea: Step-by-Step Guide to Buy and Sell Digital Art
Opensea is one of the largest marketplaces for non-fungible tokens (NFTs). Non-fungible tokens are unique digital items that can be bought and sold. These digital items include collectibles, ownership records for physical assets, game items, digital art, event tickets, and even domain names. Who creates NFT art? NFTs are designed by artists, gaming companies, content…