Crypto Archives - Page 2 of 12

Stablecoins: A deep dive into the foundation of the crypto ecosystem

Imagine a more open, connected, and interoperable financial system where money transfers and payments are cheap, secure, and almost instant. Everyone can be their own bank, borrowing and lending are built into autonomous protocols and not subject to the flaws of human error and extensive counterparty risk. Capital markets are completely global, diversified, and accessible, […]

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Binance: the largest global crypto exchange

Binance – founded in 2017 by entrepreneur and Bitcoin enthusiast Chengpeng Zhao – is the no.1 crypto exchange in the world by market cap, volume, and users. It was originally based in China, but due to harsh crypto regulations (and even an outright crypto ban) the company went remote shortly after. Binance is a huge

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Debunking rumors around the US Governments Wednesday sale of Bitcoin

Rumors circulated on Wednesday that The US Government Sold 9.8 Thousand Bitcoin worth just over $270 million dollars, Leading to a sharp 5% drawdown in bitcoins price, and spooking investors, as expected. Fortunately, the market seems to have absorbed this massive sale pretty well, as you can see, investors instantly went on a buying spree

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How to use the Metamask crypto wallet step-by-step

Metamask is a decentralized wallet that is designed for secure crypto custody and peer-to-peer transactions. It can communicate with any wallet or smart contract so long as the blockchain used is supported. Getting Started Go to metamask or search for it in the App store. Click the “Download” button on the navigation bar as shown above. Follow

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FedNow launch: is it a US CBDC?

FedNow is set to launch this summer and it hasn’t been without much controversy and concern about what a centralized government-controlled system will look like. What Even Is FedNow? FedNow is a new system built by the “Federal Reserve” to allow depository institutions – such as banks – to provide their customers access to instant payments. According

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Proof of Reserves

Transparency – or lack thereof – has become a prevalent talking point in crypto, especially since the Terra Luna and FTX market crashes. Why Lack of Transparency Is Bad For Crypto To understand why a lack of transparency is bad for crypto, the first thing to understand is that the vast majority of crypto assets

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Crypto Crackdown: exploring the impacts of securities regulation on crypto

In the last few weeks, the SEC has been on a regulatory rampage, reportedly going after crypto staking, Kraken, Paxos, Terraform labs, and even former coinbase employees, some within a matter of weeks. This recent crackdown has raised many questions such as: why now and not a year ago? What’s the future of crypto regulation

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How to short-sell crypto

Most crypto discussions are generally centered around what cryptocurrencies will make you the most money from an investment standpoint. As more people buy the token or its usability scales, so does the overall value of the token which ends up growing your original investment. Very simple. On the other hand, a Short is often an

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Exploring cryptos current role in society

Bit by bit, crypto is edging its way into society. Although the crypto space is ultimately expected to thrive in the future, there are more crypto implementations making their way into our day-to-day world. Here are the 4 most popular crypto utilities of today. #1 – Online Purchases Payments online is where crypto is most

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January Data Dump

MARKET DATA

Market data DeFi: average daily volume was $3.6 billion for the month. DeFi represents 8% of the global crypto market volume. Stablecoins: average daily volume was $41.5 billion for the month. Stablecoins represent an immense 92.16% of the global crypto market volume. The Top 20: Polygon, Avalanche, and Cosmos have been the highest performing networks

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