Tag: Cryptocurrencies
Despite a challenging macro- and industry environment, the total cryptocurrency market cap rose +98.61% during 2023 to reach US$1.6 trillion. Last week’s crypto market prices dropped by -4.51%, volume decreased by -9.67%, and volatility increased by +77.13%.
The market for Solana Saga smartphones is witnessing an unprecedented surge, with recent sales on eBay reaching as high as $5,000. This spike in demand and value is primarily driven by...
Crypto Today: Block Launches Bitkey, CoinShares Reports Inflows, A16z Predicts Trends
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In this edition of Crypto Today, we cover some of the latest developments in the crypto space, including a new self-custody wallet from Jack Dorsey’s Block, a report on the inflows into digital asset investment products, and a forecast of the trends to watch in 2024 by a16z.
Block Launches Bitkey Worldwide
Block, the company formerly known as Square Crypto and led by Twitter CEO Jack Dorsey, has launched its self-custody wallet Bitkey...
OFF-CHAIN TRANSACTION
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The term refers to an operation that occurs outside the main infrastructure of a blockchain. In the context of cryptocurrencies, this implies that the transaction is carried out privately or semi-privately and is possible thanks to scalability solutions and second level layers, such as payment channels or sidechains, which allow users to carry out a series of transactions “off” the main chain before recording the results on the public...
ON-BALANCE VOLUME (OBV)
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It is a technical indicator used in crypto business analysis and other financial markets to measure the buying and selling pressure behind a particular asset. It was originally developed by Joseph Granville and is based on the premise that changes in trading volume can precede significant movements in the price of an asset.
Calculating On-Balance Volume involves adding or subtracting the trading volume of the asset based on the price...
The Best Cryptocurrencies to Buy in November 2023
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As more players enter the cryptocurrency space, mining becomes more complex and requires more computing power. As a result, many people who used to mine cryptocurrencies with their own hardware now find it unsustainable due to high electricity bills and wear and tear on their hardware. Therefore, cloud mining has become an attractive option.
What is cloud mining?
Cloud mining is a mechanism that uses rented cloud computing power to mine...



