In the world of digital currencies, to ensure that transactions are secure and that the integrity of the digital currency is maintained, crypto networks employ a variety of consensus mechanisms. These mechanisms are designed to validate transactions and protect the network from malicious actors. One of the most well-known consensus mechanisms is proof-of-work (PoW), which … Read more
The crypto market experienced a period of consolidation this week as prices levelled out. Traders took advantage of the stability to take profits, while others are holding onto their positions in anticipation of fresh CPI data set to be released tomorrow (14th Feb 9:30 PM GMT+8), which is a key indicator of changes in purchasing … Read more
A stablecoin is a type of cryptocurrency that is designed to maintain a stable value relative to a specific asset or group of assets. This stability is achieved through a variety of different mechanisms, but the most common approach is to peg the value of the stablecoin to the value of a stable asset such … Read more
The crypto market continues to see a rally, albeit at a relatively slower rate after the Federal Reserve raised interest rates by 25 basis points to 4.75% as expected. Bitcoin prices are showing steady increases, and the market is optimistic that inflation will cool down and the Fed will ease up on tightening in 2023.
The global economy is facing uncertain times, with many experts predicting a potential recession on the horizon. As an investor, it’s important to approach this potential downturn with caution and strategy. Here are five tips to help you navigate the market and make smart investment decisions during a global recession. Diversify your portfolio. One of … Read more
Cryptocurrency charts can be a valuable tool for traders and investors to gain insights into the market and make informed decisions about their investments. In this article, we provide a beginner’s guide to cryptocurrency charts and explain some of the key features and metrics in a chart. What’s in a crypto chart? Cryptocurrency charts are … Read more
Crypto derivatives are financial instruments that are derived from or based on underlying cryptocurrencies. These derivatives allow investors to wage and stake on the future price of cryptocurrencies without owning the underlying asset. Crypto derivatives have grown in popularity in recent years, as they provide investors with additional ways to gain exposure to the volatile … Read more
Dear Tokenizers, Please be advised that due to the Federal Territory Day and Thaipusam public holidays, there will be a delay in processing fiat deposits by bank transfer and withdrawals on the 1st and 6th of February 2023. We encourage users to plan your deposits by bank transfer and withdrawals accordingly. For instant deposits, please proceed to use eGHL (FPX). Thank … Read more
The price of Bitcoin reached a high of USD23,000 in the first month of 2023. The Fear & Greed Index has also increased to 61 (Greed), compared to last month’s 25 (Extreme Fear), indicating that traders are buying. All eyes are also on the announcement of the Federal Reserve (FED) on February 1st regarding an … Read more
Crypto prices continued their uptrend into the Chinese New Year, even amidst recent bearish news in the industry as investors remained optimistic about a short-term rally. Earlier in the week, the Bitcoin Fear and Greed Index turned Neutral for the first time in 9 months. Happy Chinese New Year everyone! Gong Xi Fa Cai! 🐰