In the world of cryptocurrencies, a wrapped token is a digital representation of a cryptocurrency or asset that is made compatible or convertible when ‘wrapped’ so that it can be used on other blockchains. This version of the cryptocurrency is on a different blockchain than the one it was originally on. It is backed by reserves and is pegged 1:1 to the real asset. Blockchains are like separate digital networks or ledgers. You could think of them as different countries, each with its own rules and money. A wrapped token then works like a digital gift card. The gift card […]
Remember that panic when you sent crypto and immediately wondered if you got the address wrong? Or the quiet panic that sets in when you think about what losing your seed phrase really means? These nightmares have actually become a worry of the past, as smart contract wallets have fundamentally changed how we use blockchain networks. A smart contract wallet is a crypto wallet that’s controlled by programmable code on the blockchain, instead of being controlled by a single private key like traditional wallets. They are wallets that have the safety nets and convenience of the traditional bank account but […]
If you are new to crypto and suddenly came across blue chip cryptocurrency and are wondering what on earth that is, this article is for you. Here we will find out what a blue chip is, how to identify it from other cryptos, and of course, we will look at some of the more popular ones. What Does ‘Blue Chip’ Mean? In traditional finance, a ‘blue chip’ refers to a company that is widely recognized as a high performer over an extended period of time. It comes from poker chips being blue, red, and white, with the blue chips being […]
Jack Dorsey has become one of the best-known personalities who work in contemporary technology. He developed online communication systems which businesses now use to handle digital payments. His work during the past 20 years has impacted three areas of society which include social media platforms and financial systems, and the ongoing discussion about decentralized systems. Dorsey established Twitter as his main achievement, which developed into a major platform for international news coverage and political discussions and public arguments. He developed his financial technology career by creating payment solutions that enable users to make secure transactions with greater ease. Dorsey has […]
Crypto has always been sort of weird and bizarre. Born from the minds of privacy-loving hackers, tech wizards, and folks fed up with the status quo, it’s no shock that the scene is packed with oddballs. And maybe that’s why some really weird crypto projects have come about. Now, as memecoins pop up like flowers in spring, the weirdness has hit new heights. I have gone through the chaos to bring you the 10 weirdest crypto projects that capture how bizarre crypto really is. PotCoin’s High Hopes First up on our list of the weirdest crypto projects is PotCoin (POT), […]
Join our newsletter, dive into essential insights, beginner-friendly guides, and pro tips to level up your market knowledge.
Everyone has to start their crypto journey somewhere. Start your crypto journey here and understand the basics in minutes.
Everyone grows their crypto journey with experience. Take the next step and deepen your understanding beyond the basics.
Every expert refines their crypto journey over time. Dive deeper and master complex concepts and strategies.
Every expert refines their crypto journey over time. Dive deeper and master complex concepts and strategies.
A paper hands is an investor who, upon seeing the market drop, rushes to sell their assets. They are the exact opposite of a diamond hands. While a diamond hands holds onto their assets through thick and thin, a paper hand yields to the pressure and “folds” their positions. In the crypto ecosystem, this term is commonly used as an insult; paper hands are mocked for their lack of conviction, as well as their tendency to succumb to FOMO (Fear
Buy the Dip is an expression indicating that when an asset undergoes a drastic price drop, it is time to buy. The cryptocurrency market is extremely volatile, and it is not uncommon to witness daily drops exceeding 20%, even for the largest market capitalizations. During these moments of doubt and panic, novice investors are more likely to sell their assets out of fear or remain paralyzed. Conversely, experienced investors often view these crashes as an opportunity to accumulate cryptocurrencies they
The term describes investors who stay committed to their investments because they experience severe market fluctuations which include sudden price drops. Diamond hands demonstrates that the holder possesses emotional resilience through his ability to endure fear and uncertainty and minor financial setbacks without interruption. The term became popular in online trading communities and later spread widely in crypto markets, especially during highly volatile periods. The expression becomes active during market downturns because prices experience rapid declines and selling pressure reaches
An exchange is a website that allows you to buy or sell cryptocurrencies. There are two main categories of exchanges: Centralized Exchanges (CEX) and Decentralized Exchanges (DEX). Centralized Exchanges, such as Binance, KuCoin, or Bitget, are the most well-known type of exchange. Easy to access and use, they allow users to conveniently purchase cryptocurrencies in multiple currencies and offer superior liquidity. They also provide a wide range of features. The downside lies in the fact that these platforms are entirely
Stay ahead of the curve with expert crypto insights, guides, and market trends — join to our newsletter.
