Day trading Cryptocurrency involves the buying and selling of digital coins with the intention of quickly turning a profit. Popular amongst the more experienced, day trading Crypto calls for a level of skill and knowledge to enable a trader to identify certain patterns and market trends in order to drive profits. With its 24/7 market environment, Crypto also offers day traders an opportunity to gain exposure to potentially lucrative positions at any moment. Fundamentally, day trading Cryptocurrency can be broken down into three key stages; setting...
Non-fungible tokens (NFTs) are a type of cryptographic asset used in the area of cryptography, which are characterized by digital scarcity, indivisibility, and non-fungibility. In essence, NFTs are digital tokens or digital certificates that represent a unique asset, whether that be physical, digital, or virtual. They are often referred to as “one-of-a-kind” or “non-fungible” tokens, as each token is unique and cannot be interchanged for something else. NFTs can represent something tangible, like a piece of art, a plot of virtual land, or a token...
Defi (sometimes referred to as DeFi or decentralized finance) is a movement of developers, entrepreneurs, and investors that are dedicated to building and expanding the infrastructure for open financial services. Defi is a buzzword used to describe the emergence of blockchain-based financial services that are accessible to anyone with an internet connection, an Ethereum wallet, and compatible cryptocurrency. These services are meant to provide both users and developers with the same basic financial services as those offered by traditional financial...
Cryptocurrency markets remain notoriously volatile, and predicting which coins will outperform others in 2021 is a daunting task. With that said, there are certain coins and tokens that have a higher likelihood of delivering strong returns in 2021 and beyond. Bitcoin (BTC) is currently the world’s most valuable cryptocurrency and is the only virtual asset to ever reach the trillion-dollar market cap. The cost to produce a single Bitcoin, or “mining” it, has steadily increased over the past few years, making it an ever-scarcer commodity. As the...