In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion at the beginning of 2021 to … [Read more...] about 3 things the crypto sector must offer to truly mainstream with TradFi
Sector
AI-generative art predicted to be next trend for NFT sector
Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs, in particular, made a big impact last year with Christie’s reporting over $93 million in nonfungible token sales during its fourth annual Art+Tech Summit that took place this past August. While notable, much of the crypto … [Read more...] about AI-generative art predicted to be next trend for NFT sector
5 ways derivatives could change the cryptocurrency sector in 2022
We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016.The derivatives industry goes far beyond these retail-driven instruments, as … [Read more...] about 5 ways derivatives could change the cryptocurrency sector in 2022
It’s time for the philanthropic sector to embrace digital currencies
The amount of cryptocurrencies on the market has skyrocketed from 500 in 2014 to nearly 7,000 only seven years later in October 2021. A reported 14% of people in the United States — which roughly equals 21.2 million people — have purchased some form of cryptocurrency, with more than 300 million crypto owners estimated worldwide. It’s clear: Cryptocurrency is here to stay, and … [Read more...] about It’s time for the philanthropic sector to embrace digital currencies
Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces
Drilling for oil and gas and mining for bitcoin might seem like an odd couple.One is more than 150 years old. The other has existed for a little over a decade. One is a staple of industrial development, squarely grounded in the world of atoms. The other is an innovation of a digital era, financial plumbing for the world of bits. One involves sweaty outdoor work. The other … [Read more...] about Former Oilfield Drillers See Energy Sector and Bitcoin Mining Joining Forces