In mid-March, the combined trading volumes of cryptocurrency exchange platforms located in South Korea was larger than the volume generated by the national stock exchange. The data used to make this calculation was derived from CoinMarketCap, and it highlights how far crpto trading has grown in recent years. The four…
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Eventful Week for the Cryptocurrency Market
There was a lot of news in cryptocurrency the week of March 7 to 13. Non-fungible tokens took the limelight. Digital artist Beeple, also known as Mike Winkelmann, made history when his Everydays: The First 5000 Days piece sold for a stunning $69.3 million at a Christie's…
A 51% Attack on OKEX Caused It to Lose Big
Vitalik Buterin, the Russian-Canadian cryptocurrency developer credited with creating the Ethereum blockchain, is convinced that 51% attacks can be efficiently mitigates if the development community gets together to formulate the proper strategy. His comments were made in the wake of three attacks on the blockchain that supports the Ethereum Classic…
Markets Heat Up as Investors Keep Pouring Money Into NFTs
Chromia, Rarible, and Lukso are the names of blockchain tokens posting impressive gains this week, and they are not known to a large segment of the cryptocurrency trading community. These non-fungible tokens (NFTs) have recently been on a bullish roll, and they are starting to get the attention of traders…
Blockchain Developers Set Their Sights on Sports Fan Engagement
The tulip mania created by non-fungible tokens a few months ago continues to expand, and there is no telling when it will stop. The latest NFT project to make headlines is known as Chiliz, but it does not involve a restaurant chain. The Chiliz NFT platform was developed by the…
Bitcoin Holds Steady as Crypto Enthusiasts Speculate on Altcoins
As we approach the middle of March, trading volume on major cryptocurrency exchange platforms remains high, and volatility has somewhat diminished from the wild swings we experienced in late February. Here are some observations about recent token trading action as it relates to market pricing: Bullish Sentiment Fuels Extended Bitcoin…