The New York Stock Exchange (NYSE), the world’s largest stock exchange by market capitalization, has jumped on the non-fungible tokens (NFT) bandwagon, launching an NFT collection for a selected number of stocks listed on its platform. In a tweet thread on Monday (April 12, 2021), the NYSE announced it is launching the “NYSE First Trade …
NYSE Joins NFT Mania With Special First Trade Collection
The New York Stock Exchange (NYSE), the world’s largest stock exchange by market capitalization, has jumped on the non-fungible tokens (NFT) bandwagon, launching an NFT collection for a selected number of stocks listed on its platform. In a tweet thread on Monday (April 12, 2021), the NYSE announced it is launching the “NYSE First Trade …
What is Monacoin (MONA)? — A bitFlyer Academy Guide for Beginners
Launched in December 2013, Monacoin (MONA) is “Japan’s first cryptocurrency” and the outcome of a Litecoin hard fork. Considering that its pseudonymous founder(s)—Mr. Watanabe—created MONA as the native asset for his hash-finding game, the cryptocurrency had a rather “playful” beginning and is often regarded as a ‘joke coin’ similar to DogeCoin. Over time, however, Monacoin …
Bitcoin has been put through the Meat Grinder
Summary I stopped by my local meat market yesterday. I greeted the butcher, “Afternoon Amelio, may please have a pound of ground sirloin”. “Ground sirloin! I feel like my Bitcoin is being put through my meat grinder… How about some ground Bitcoin?! What should I do now”? Needless to say my butcher knows my professional …
Ankr (ANKR) Curve DAO Token (CRV) and Storj (STORJ) are launching on Coinbase Pro
Starting Today Tuesday March 23, transfer ANKR, CRV and STORJ into your Coinbase Pro account ahead of trading. Support for ANKR, CRV and STORJ will be available in all Coinbase’s supported jurisdictions with the exception of CRV in New York State. Trading will begin on or after 9AM Pacific Time (PT) Thursday March 25, if …
Keep Network unveils v2 specs for tBTC protocol
The Keep Network has released details for the second iteration of its “trust-minimized” Bitcoin tokenization protocol, tBTC. In a blog post on Sunday, Keep Network developer Evandro Saturnino outlined several changes the protocol is considering to address its past issues with collateralization. The second iteration of tBTC is expected to require stakers to only lock …
Doge Coin (DOGE) Hits New Highs from Retail Investor Squeeze
Jackson Palmer’s meme-based cryptocurrency DogeCoin (DOGE), which he created as a joke, has surged by over 800 percent following a short squeeze enacted by a group of retail investors known as Wall Street Bets (WSB). Last week, the rouge group of investors gained notoriety when they collectively short squeezed failing GameStop (GME) stock by 500 …
Binance Smart Chain Centralization Levels Spell Trouble for BNB
Key Takeaways Binance Coin has posted year-to-date returns of over 1,600%, rising to a new all-time high of $640.50. Whales have gone into a buying spree due to the success Binance Smart Chain has had. However, claims over high centralization levels combined with multiple technical sell signals could spell trouble for BNB. Share this article …
The Future Price of Ethereum — Technical Analysis
Similar to other coins and tokens, Ethereum has generated a substantial rally throughout the past six months. Specifically, ETH has increased 498%, outperforming BTC by approximately 60% during the same time period (see chart 1 below). So, where do we go from here? How will ETH perform for the remainder of 2021 and beyond? Let’s …
Blockchain Scalability Issues & The Solutions Offered By Layer 2 Protocols
At the dawn of the blockchain age, Layer 1 laid the foundation for what has become one of the revolutionary industries in this Millenium. Layer 1 is the underlying main blockchain architecture. Ethereum and Bitcoin chains are considered Layer 1 and although these chains kickstarted the blockchain industry into gear, evolution is inevitable. As a …