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Showing posts from August, 2021

What are NFTs, these virtual tokens that are snapped up at a high price?

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Thanks to the blockchain, even works of art can now be authenticated and secured like a Bitcoin.  After money, it is therefore the turn of the art to digitize itself… and this is based on NFTs, non-fungible cryptographic tokens . But what is it exactly? Last Sunday, Canadian singer Grimes put up for sale a digital art collection, dubbed “WarNymph,” and won no less than $ 5.8 million from the sale.  One of the works in the collection, depicting a baby guarding Mars (below), hit an all-time high, trading for over $ 300,000 on its own. Said works of art are in fact certified by NFTs, for  Non-fungible tokens, or, in French, non-fungible tokens. For weeks, sales of these NFTs have exploded and reached records. But, what exactly is an NFT?  Interesting read: Run your ads on a platform that cares about your business and only pay when you get clicks . NFT is to art what Bitcoin is to money The NFTs are currently on the rise. In Febr...

The best cryptocurrency pairs to trade

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  The cryptocurrency market is made up of over 2,000 assets with varying prices, trading volumes, capitalization, and popularity.  For example, you might find that the most valuable asset is 42-coin, which has an exchange rate of around $ 20,000.  Related: You probably want to advertise your products but have crypto to pay. Check out Birdchain ads platform for reaching your target audience . The cryptocurrency market is made up of over 2,000 assets with varying prices, trading volumes , capitalization, and popularity.  For example, you might find that the most valuable asset is 42-coin , which has an exchange rate of around $ 20,000. However, it is not suitable for trading. The main reason why this coin is not listed on many exchanges is because it has low liquidity. You will therefore realize that among some 2,000 assets, ten of them are actually used for trading. Therefore, what are the best cryptocurrency pairs to trade?  How to choose them correctly? Take a...

What is a bear market?

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  You've probably heard of "bulls" and "bears" before. Indeed, traders and players in the financial world are used to using Wall Street jargon and talking about bull markets and bear markets to describe the state of shape of the equity markets. If you've been following the news closely in these special times, you will know that many markets have entered bear market territory. But what is it exactly?  After our article last week on the bull market , discover today everything you need to know about the definition of the bear market.  Related: Earn from your engagement Bear Market Definition A bear market corresponds to a period when price declines persist.  Stock price declines are 20% or more from most recent highs and these are fueled by pessimism or negative market sentiment.  Bear markets are most often associated with declines on a global market or on a particular index such as the BEL 20 or the CAC 40.  Individual securities or commodities c...