What is Chainlink - DeFi Oracle Network Explained

What is Chainlink? DeFi Oracle Network Explained

Chainlink is one of the most popular blockchain projects at the moment, with the LINK token being among the top ten largest cryptocurrencies out there. Chainlink’s market capitalization has surged thanks to an increased interest in Decentralized Finance (DeFi), which has been the fastest-growing sector of the crypto industry. In a nutshell, Chainlink is a … Read more

Binance Launches Ethereum 2.0 Staking

Binance Launches Ethereum 2.0 Staking

Binance Staking finally launched support for Ethereum 2.0 at the end of 2020. Now the staking service allows users to get exposure to ETH 2.0’s newly launched Beacon Chain. Initially, Binance will provide customers with an annual percentage yield of 20%, which starts high and drops with staked ETH. As you may know, the minimum … Read more

What is DeFi Yield Farming?

What is DeFi Yield Farming?

While Bitcoin is in the spotlight in November 2020 due to the incredible rally that pushed it closer to the all-time high than ever, DeFi tokens are still making headlines, and many of them are still performing well and are worthy of attention. In the present article, we’ll discuss the phenomenon of yield farming, which … Read more

Bitcoin Investing: Diversification Tool for Multi-Asset Portfolios

Bitcoin Investing for Multi-Asset Portfolios

Bitcoin investing has had its ups and downs during its more than ten years of existence, but the cryptocurrency has matured and is ready to add value to non-crypto portfolios by acting as a great diversification tool. The main benefit of Bitcoin is that it shows little correlation to traditional stocks, even though the level … Read more

Ethereum 2.0 Transition to Proof of Stake

Ethereum 2.0 Transition to Proof of Stake

Ethereum has been in the spotlight for a while given its gradual transition to Ethereum 2.0 – an essential upgrade that will transform the second-largest cryptocurrency forever as its blockchain adopts the Proof of Stake (PoS) algorithm instead of the current Proof of Work (PoW). In the present article, we discuss this transition and try … Read more

What Are Synthetic Assets in Cryptocurrency Market

What Are Synthetic Assets in Cryptocurrency Market?

Synthetic Assets often referred to as synths, are a new trend in the crypto market’s Decentralized Finance (DeFi) sector, which is the fastest-growing niche within the crypto space. In the present article, we’ll define synthetic assets in the context of the cryptocurrency market and list the best platforms to create synths. The Origin of Synthetic … Read more

What is Proof of Stake and Token Staking on Binance

What is Proof of Stake and Token Staking on Binance

Staking is a great way to earn a passive income and become part of the blockchain revolution in a more direct way. In a nutshell, all you have to do is to lock an amount of a specific token for a while and collect the reward based on the offered yield. However, you might be … Read more

What Are Automated Market Makers and Liquidity Pools

What Are Automated Market Makers and Liquidity Pools?

Since the time when Bitcoin came out more than a decade ago and opened the door for the entire cryptocurrency industry we know today, there has always been a high demand for this new asset type. Initially, people were exchanging fiat for Bitcoin and vice versa through peer-to-peer (P2P) environments like LocalBitcoins. Then we saw … Read more

DeFi Boom Boosts Trading Volumes on Binance Futures

DeFi Boom Boosts Trading Volumes on Binance Futures

Decentralized Finance (DeFi) is currently the fastest-growing sector within the cryptocurrency market, as the crypto community does its best to integrate traditional financial services into decentralized infrastructures. The impressive 2020 DeFi boom resembles the initial coin offering (ICO) boom of late 2017. Still, DeFi supporters claim that the current trend will have a genuine impact … Read more

How to Use Relative Strength Index (RSI) In Cryptocurrency Trading

How to Use Relative Strength Index (RSI) In Crypto Trading

Technical Analysis (TA) is one of the most popular approaches to monitor markets in an effort to anticipate the next price move. I explained the main differences between TA and fundamental analysis (FA) in a previous article. In the following lines, I’d like to discuss one particular TA indicator that can help you find accurate … Read more