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Cryptocurrencies are digital currencies that use cryptography to secure and verify transactions. Learn about the history, features, and challenges of different cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin, and how they can be used for various purposes such as investing, trading…..
The current state of the market has made several crypto exchanges go into crisis mode. As we all know, the market has not been in a good state for the past six months. Many significant cryptocurrencies like Bitcoin, Ethereum, and Terra have plummeted more than half. Due to the major losses in value, the trading volumes have declined. As a result of the fall in trading volumes, many crypto exchanges have experienced financial risks.[…]
The terms cryptocurrency coin and token are often used interchangeably, even though they have different meanings. Fundamentally speaking, they are similar because they both have value and are used for making payments. The difference is in terms of utility. Crypto coin and token are used for different things. Often, a Crypto coin can be used, while a Crypto token cannot be used, and vice versa. In addition, some marketplaces out there refrain from accepting[…]
Paypal has fulfilled the request of many customers by allowing cryptocurrency transfers. They set out a new rule that users can transfer cryptocurrency from their accounts to other exchanges. Jose Fernandez Da Ponte, the general manager of cryptocurrencies at Paypal, has spoken about this new feature. “This feature was the most demanded from our users since we began offering the purchase of crypto on our platform.” This feature will open many doors for PayPal[…]
Crypto prices are falling again today; why? The crypto market now stands at $1.26 trillion a day after the crypto prices were showing minor signs of recovery. The crypto market cap has been hovering between $1.24 trillion – $1.31 trillion. It was having difficulty passing this range when it experienced a jump to $1.31 trillion on Monday, which is a 3.66% rise. According to CoinMarketCap, the Monday highs did not last long. Over the[…]
The well-known cryptocurrency exchange Kraken is to launch its own NFT platform. The release will be in a few months but customers already have the option to sign up for the waitlist. The platform will offer lower Ethereum transaction costs along with gas fees, proof of stake blockchains, and so forth. David Ripley the chief operating officer mentioned the platform will also aim to hold customers’ assets in custody for them. Ripley shared a[…]
Let’s discuss the top 10 crypto prices today. The global crypto market cap has dropped by 2.03% in the past twenty-four hours. Bitcoin, Ethereum, Solana, Cardano, Avalanche, Terra, and Binance have all gone down in value. The market cap now stands at $1.81 trillion. Over the last 24 hours, the crypto volume has increased close to 28% and has reached $69.20 billion, according to CoinMarketCap. The DeFi volume was $7.78 billion, which takes up[…]
The Moonbirds NFTs were available for purchase on Saturday, the 16th of April. In a matter of two days, they managed to sell $200 million. The Moonbird NFT features owls. The PROOF Collective is a private group that collects NFTs. Ryan Carson and Kevin Rose run the Collective, and the membership pass has a fee of around 99 ETH. The Moonbirds launch has caught the eye of many NFT collectors with its success just[…]
In today’s article, we’ll list some of the best and most useful NFT marketplaces. NFTs have been in existence for some time. However, it was only in the year 2021 that they gained an increased level of recognition and interest. Here is a list of the 13 NFT Marketplaces: 1. OpenSea OpenSea has emerged as the first in the list of NFT marketplaces. OpenSea stands as one of the top NFT marketplaces. The platform[…]
What is liquidity, and how does it pertain to the crypto world? It is the ability to convert an asset into cash without affecting the price of that asset. The specific was chosen because cash is the most liquid asset. In other words, it measures the ease with which an asset may be bought or sold in the market at a price that reflects its intrinsic value. What determines liquidity? The liquidity of an[…]
The dominant NFT market trend is increasing sales volumes, adoption, and liquidity. However, according to Matrixport Ventures’ Daniel Yan, a barrier in the evolving industry might be resolved by additional financial layers. Brands such as Nike, Adidas, and Louis Vuitton have recently joined the NFT bandwagon. According to a CryptoSlam tracker, buyers have hit a high of 895,000. Yan told Blockworks that this is just the beginning of the story. Yan said, “When we talk[…]