Cryptocurrency Analysis and News Portal
According to a new analysis posted by Reddit user u/Warfared, Reddit Avatar nonfungible tokens, or NFTs, have seen erratic price performance in the past months. The analysis tracked the exchange of NFTs on the popular NFT trading platform OpenSea.io. Among the top performers were the Fishy Foustling #1 and Mio Armor
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Negotiated between 44 countries as World War II was winding down, the Bretton Woods agreement (named for the conference location in Bretton Woods, New Hampshire) pegged gold as the basis for the U.S. dollar, with other currencies then pegged to the greenback. This structure began to fray in the 1960s
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Over the course of this year, DarkSide, a group of Russian hackers got the attention of the U.S. Department of State. In May 2021, DarkSide was responsible for a ransomware attack on Colonial Pipeline, extorting $5M for not leaking data they had on the Pipeline’s network. This is considered to be
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Aave, Compound, Uniswap and Sushi all quickly established themselves as blue chips in the space and in turn gained billions of dollars in total value locked (TVL) and market capitalization. Value quickly accrued to the platforms’ governance tokens, and the assets soared against both the dollar and ether. Original Source
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Institutional investors are beginning to take more interest in Ethereum. This is very similar to the way they adopted Bitcoin enmasse in 2020.Bitcoin is not the only crypto asset that has seen an increase in the numbers of its institutional investors. According to a recent report from Coinbase, Ethereum, the
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[sociallocker id="55298"] Using cryptocurrencies as a preferred method to “hedge” against real-world risks seems to be a valid play. Data, collated from various bitcoin exchanges, is now pointing towards a huge surge of users, even as retail activity on traditional markets continues to decline. COVID Pushes Bitcoin Adoption As per publicly available
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