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The NFT business is not at its peak. In January, there were sales on OpenSea – one of the largest NFT marketplaces – for close to $5 billion in January. The year before, it was close to $8 million. However, last month it declined to $2.5 billion. From here, we see NFT is not at its peak. Last month on the NFT marketplace, there were about 635,000 sales. The average NFT was sold at[…]
In the UK, stablecoins would soon become a standard payment method. The UK is on a mission to become the hub for digital payment companies. They are looking to give their people confidence in using digital currencies. As with gold or traditional currencies, stablecoins are a stable form of currency. The UK Treasury, in addition to stablecoins, also mentioned its plan to regulate more digital currencies, but they haven’t specified exactly which ones. In[…]
Ever wondered what is Uniswap? It is a popular decentralized cryptocurrency exchange that operates on the Ethereum blockchain. Most crypto trading occurs on centralized exchanges run by a single authority, such as Coinbase and Binance. Uniswap differs from these types of exchanges and is a fully decentralized system. We can call it the more advanced version because it is not run or governed by any authority. It is open-source and allows anyone to copy[…]
In this article, we’ll be discussing the crypto price changes that have occurred within the past 24 hours. The market as a whole has experienced an increase of 0.84% taking it to $2.15 trillion, according to CoinMarketCap. Crypto prices are volatile, and various worldwide events of any sort can often change the price. The most popular and number one rated crypto experienced a decrease of 0.25%. It was standing at $46,051.99 on Monday morning[…]
As the cryptocurrency market experiences its highs and lows, Solana gains significantly. It has experienced an increase of 6% over the last 24 hours. During the span of a week, howver Solana gains a 28%.The market as a whole gains 2%, however out of the top ten coins Solana has risen the most. There should be a reason why Solana has been on the rise for the past 24 hours, and we believe[…]
The world’s most expensive artist, Jeff Koons, has revealed his first venture into the realm of non-fungible tokens (NFT). Koons is famous for his series of stainless-steel balloon dogs. Due to his previous career on Wallstreet, he knows his audience and what they will buy. However, regarding his NFT theme, he has chosen sculptures that will “go to the moon.” The project: Koons’ NFT project will genuinely embrace the crypto spirit. Koons has created[…]
Nequi of Columbia is considering stepping into the crypto world. Nequi is a neobank located in Columbia. It is a platform with over ten million customers and they are looking to stand alone. Up until now, they have been working together with Bancolombia, but there are thoughts of separation. Over the years, many neobanks have taken this step of including crypto in their services. A neobank is a direct bank located only online with[…]
Time to cover the differences between Bull Versus Bear Market. A persistent increase in price defines a bull market, whereas a bear market is characterised by sustained periods of declining stock prices — generally by 20% or more. The terms and the message they give away are essentially from the animals. A bull usually attacks by thrusting its horns in the air, whereas a bear attacks when in fear. Therefore, if the market trend[…]
Robinhood’s top executive Christine Brown is leaving her spot in the company. She has plans to start her own crypto venture, but the details are still unknown. Brown expresses her thanks to the company in a tweet. “I joined Robinhood when it was under 100 people – before we even offered a crypto product, watching us grow through IPO and serving more than 22m users has been the greatest professional experience of my life.”[…]
Understanding the difference between blockchain networks Solana versus Ethereum can help you make the right decision. Every trader and investor uses the blockchain that best suits their needs. Let’s discuss the difference between the two. Solana versus Ethereum Number of transactions per second: Solana is known for its speed. Therefore, the number of transactions it can perform in a second doesn’t even come close to that of Ethereum. Solana can handle 50,000, while Ethereum[…]