How Crypto Investors Can Effectively Manage Their Crypto Portfolio In 2021
According to research, it is estimated that the cryptocurrency market size will skyrocket from $1.6 billion in 2021 to a staggering $2.2 billion by 2026, at a CAGR (Compound Annual Growth Rate) of 7.1%. Well, it's pretty obvious that the crypto space is exploding in...
Is The NFT Boom Over Now?
In 2020, the NFT market value tripled, grossing more than $250 million. As of the first quarter this year, NFT Sales have exceeded more than $2 billion. What Are NFTs? NFTs (Non-Fungible Tokens) simply means a token used to represent a digital item. NFT can...
The NFT Buzz And Why It's NOT A Trend
NFT popularity has been building in cryptocurrency circles for some time now. And the concept is going mainstream. Because these tokens are often tied to art, which is by its nature subjective in value, many ask are NFTs worth it? What Are NFTs? NFTs are...
How Blockchain Technology Is Redefining The Gaming Industry
The gaming industry is said to be one of the most exciting industries (if not the most) in tech because of its widespread efforts to merge culture and entertainment with technological advancement. Undoubtedly, the evolution of the gaming industry has been shaped over the years...
How Defi Is Offering Innovative Solutions To Institutional Investors
According to research, the total decentralized finance market is estimated at $58.31 billion at the time of writing. Statistically, this shows that the decentralized finance industry is expanding exponentially. And now, institutional investors are redirecting their attention towards DeFi. Institutional Investors and DeFi The mainstream...
Types Of Blockchain And Decentralized Exchanges (DEX)
If we are to predict what decentralized exchanges hold for the future, we have to look into the past. In Robert A. Heinlein’s words, a generation which ignores history has no past and future. What is a Decentralised Exchange? A Decentralized Exchange (DEX) is a...
The Meteoric Rise Of The NFT Marketplace
Blockchain adoption is undergoing evolution every day and 2021 has been the year where there have been a lot of breakthroughs with technology. One of the main innovations of the technology are NFTs. In the first quarter of 2021, there has been an explosion in...
4 Killer Strategies to Enhance Your Crypto Portfolio
In the investment and finance world, a portfolio is termed as a sorting or the grouping of financial assets. These assets include Fiat Currencies, Stocks, Bonds, Cash equivalents and Commodities. Similarly, a Crypto portfolio is a grouping of your financial assets, the only difference is...
How NFT And DeFi Is Giving Rise To New Opportunities
It is an undisputed fact that the COVID-19 pandemic facilitated high unemployment rates all over the globe -- as a result, many people lost their jobs. This made many people look into other ways of making an income. While the pandemic gave rise to many...
NFTs (Non-Fungible Tokens) Are Revolutionizing the Blockchain World
Non-fungible tokens have increased in popularity in the last year. According to non-fungible.com, the total number of NFT transactions in 2020 was $250 million. This is triple the number of transactions compared to the previous year. The NFT market cap has grown by almost 2000%...
How Non-fungible Tokens are Disrupting the Art and Entertainment Sectors
With the evolution of blockchain tech, NFT's have been a big buzz for some time now. You can use NFTs in any industry, including the art and entertainment industries. According to Statista, 23.7 thousand NFTs were on sale by the end of the first quarter...
How Blockchain Technology Is Used In Supply Chain Management
Blockchain is a revolutionary technology that's changing every industry. It has transformed the economy by working on the business processes of industries. This includes the logistics industry. Blockchain is an open ledger with nodes inter-linked using hashes.This makes it transparent since everyone in the chain...
How Blockchain Is Helping To Manage The COVID-19 Pandemic.
Even though the pandemic has had many adverse effects, it has been a positive tech-opener. Many people are now inclined to technology to solve the issues brought about by the pandemic. Blockchain is one of the leading technologies that is managing the pandemic. Blockchain technology...
Crypto Mining In China And Its Effects On The Economy
The blockchain ecosystem and the crypto world are reliant on mining. Mining is getting harder by the day. Miners have to solve the algorithms and get the rewards. Mining is a process of solving complex algorithms to release a block. When a miner releases a...
What is The Craze With Non-Fungible Tokens?
Since the onset of Covid, cryptocurrencies have grown in popularity. There are plenty of new tokens every new day. A cryptocurrency is a decentralized digital currency. We use it as a mode of exchange in the blockchain ecosystem. In some cases, people use tokens as...
How the Healthcare Industry can be Improved With Blockchain Technology
Blockchain technology has been a game-changer for many industries, including healthcare. Healthcare is critical to human life, but despite this, there are plenty of problems in the industry. There are increasing healthcare costs, data management inefficiencies, and poor management. For instance, the US government spends...