Investing Advice

The cryptocurrency industry is developing, making it simpler for investors to do speedy transactions with low fees. However, cryptocurrency’s volatility might make it challenging to use as a means of payment, which causes investors to be wary. This is where stablecoins come in, as they help to protect against the volatile nature of crypto assets. […]

Avalanche is a Layer-1 blockchain; like Ethereum, it was designed to tackle the Blockchain trilemma, which includes scalability, security, and decentralization. It also supports smart contracts and facilitates the creation of decentralized applications. The X-Chain, C-Chain, and P-Chain are the main chains in Avalanche’s design. AVAX, the native token, facilitates transactions, rewards...

The government of Canada has legalized the unrestricted and free trade of Litecoin (LTC) and three other digital currencies on crypto exchange platforms in the nation. This is a significant step forward for the Canadian cryptocurrency industry. The upcoming split event, set for August 2, 2023, adds to Litecoin’s positive outlook. The block reward will be reduced from 12.5 […]

The Layer-2 Blockchain came up as a measure to address the scalability problems of Layer-1 blockchains; one example of a Layer-1 blockchain is Ethereum. The accomplishments of Layer-2 have been crucial to the development of DeFi, NFTs, and other Web3 solutions on Ethereum. However, it is anticipated that the Ethereum Layer-1 blockchain will become faster […]

The last week’s astronomical price rise from the $25,071 demand level into the $30,000 price zone has encouraged many bulls to hop on board. This has significantly minimized the price retracement action as the support level at $30,000 strengthens. The market will likely consolidate above this price level for a while before finding a clear […]

So far, Ethereum staking has attracted $35 billion since December 2020. Liquid Staking Derivatives (LSDs) have low entry barriers; therefore, they represent 30% of the total amount of ETH staked. Liquid Staking began to gain popularity after the launch of the Beacon Chain in December 2020. This was when the Ethereum network switched from the […]

The modern cryptocurrency market runs on stablecoins due to their stability in value. Traditional cryptocurrencies like Bitcoin and Ethereum behave more like tech stocks than they do like secure repositories of wealth because of their high volatility. The need for digital assets with stable values has increased, along with investors’ interest in cryptocurrencies. To meet […]

Since 2021, the BNB chain has been making waves in the decentralized finance (DeFi) sector. It currently holds almost 9% of the market share. It is also now becoming a formidable competitor with some of the top DeFi platforms, such as Ethereum and Tron. BNB is an appealing alternative to Ethereum due to its user-friendly […]

Despite the 18-month price decline, current data shows that more people than ever are investing in the cryptocurrency market. According to a survey sponsored by Michael Weber, a professor of finance at the University of Chicago, 12% of investors owned cryptocurrency in December 2022, up from just 2% in 2018. The Pew Research Center also […]

Currently, Uniswap enjoys the position of being the world’s leading decentralized exchange platform. Unlike some other DEXs and CEXs, it relies on a smart algorithm instead of a centralized order book to set prices on hundreds of ERC-20 token pairings that are available for purchase and sale on the platform. Centralized exchange platforms like Coinbase […]