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Altcoins Beginner Uncategorized

Exploring Conflux (CFX) as the ‘Chinese Ethereum’

Reading Time: 6 minutes The legalization of crypto asset trading in Hong Kong in June 2023 has become a significant milestone for the crypto world and the development of blockchain networks, particularly in Asia. In this context, Conflux (CFX), a…
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Cryptocurrency Technology Beginner

Understanding the Differences Between ERC-1155 and ERC-721

Reading Time: 6 minutes ERC is an essential element within the Ethereum ecosystem, playing a crucial role in the development of the cryptocurrency industry. ERC is not a single product, but rather a set of standards that includes ERC-20, ERC-721,…
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Market Analysis Intermediate

Market Analysis May 29th 2023: Crypto Market Still Unstable, BTC Holds Support at MA 200

Reading Time: 8 minutes The crypto market continues to exhibit no significant indications of a positive market reversal. Over the past week, Bitcoin (BTC) and Ethereum (ETH) have been trading sideways, exhibiting stability at their respective support levels. However, macroeconomic…
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Altcoins Intermediate

Post Shapella Ethereum Staking

Reading Time: 7 minutes Ethereum is the 2nd largest crypto project in the world after Bitcoin. It is arguably the heart of the crypto industry as it is the center of financial activity for cryptocurrencies. In addition, Ethereum’s market capitalization…
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Investing Beginner

Yield Farming vs Staking: What’s the Difference?

Reading Time: 7 minutes Passive income is one of the favorite ways for crypto investors to generate additional profits. With the development of the decentralized applications (dApps) ecosystem, there are now more diverse ways for decentralized finance (DeFi) applications to…
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Altcoins Beginner

Understanding Litecoin Tokenomics and its Implications for the 2023 Halving

Reading Time: 6 minutes The Litecoin halving is an anticipated event in the Litecoin ecosystem, as it significantly impacts LTC tokenomics. Through halving, Litecoin mining rewards are reduced to half of what they were before, controlling new supply coming into…
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Beginner

What is Lens Protocol?

Reading Time: 9 minutes Contemplating data privacy, security, proprietorship, and monetization within the existing social media landscape often stumbles upon challenges precipitated by the conventional centralized systems which remain under the supervision of a distinct entity or authority. As a…
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Altcoins Beginner

What is Litecoin (LTC)?

Reading Time: 5 minutes Known as the ‘digital silver,’ Litecoin has caught the attention of many investors and crypto enthusiasts as an attractive alternative to Bitcoin. With Litecoin’s halving scheduled for August 2023 and Bitcoin’s halving planned for 2024, Litecoin…
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NFT Trading Beginner

It’s Easy, Here’s How to Trade NFTs

Reading Time: 7 minutes The world of Non-Fungible Tokens (NFTs) continues to captivate both cryptocurrency investors and general investors. NFTs are no longer solely seen as valuable collections; they also offer many people an enticing prospect for profitable trading. Platforms…
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Altcoins Beginner

Meme Coin Season: How to Avoid Scam and Rug Pull in Meme Coin

Reading Time: 8 minutes Every year, the crypto market goes through various trends. These trends are built on narratives involving a group of protocols, projects, or policies. As a result, cryptocurrencies that fall into these trend categories will experience drastic…
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Market Analysis

Market Analysis May 22nd 2023: BTC Continues Sideways, Exhibits Significant Resistance at 100-Week Exponential Moving Average

Reading Time: 8 minutesFor two consecutive weeks, the crypto market has remained in a sideways movement. However, the presence of recession concerns and the potential failure of the United States government to raise its debt ceiling may generate negative sentiment.…
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Beginner

Web2 vs Web3: Uniqueness, Limitations, and their Future

Reading Time: 8 minutes The Internet continues to shape our social lifestyles on a daily basis, and currently, we find ourselves immersed in a world where activities like social media, online shopping, and search engine browsing dominate, known as Web…
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Altcoins Beginner

MakerDAO (MKR) Tokenomics and Roadmap

Reading Time: 6 minutes MakerDAO is one of the most significant projects in the DeFi (Decentralized Finance) ecosystem. As of May 2023, the MakerDAO protocol’s total value is nearly 7 billion US dollars! It makes Maker the second largest dApps…
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Investing Trading Beginner

Understanding Wash Trading and How to Avoid It

Reading Time: 5 minutes Wash trading is a common practice in financial markets, including crypto and NFT trading. If you are not careful and fall into the trap of wash trading, you may experience financial losses. To avoid this, it…
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Bitcoin Intermediate

Bitcoin Network Development: What is BRC-20, STAMPS, and Ordinals?

Reading Time: 10 minutes Since its inception, the crypto industry has experienced rapid development in various sectors. Many layer-1 networks have emerged with increasingly sophisticated technology, the development of the DeFi protocol is difficult to follow because there are so…