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Bitwise, Nexo Add to Financial Products for Rich NFT Investors
NFTSource: Adobe / Ascannio
Last day, two new financial products related to non-fungible tokens (NFT) were announced: Asset manager Bitwise launched the first ever index fund to track NFTs, and crypto lender Nexo (NEXO) launched an exclusive…
Stablecoin
Crypto GlossaryA cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency.What Is a Stablecoin?Stablecoins are cryptocurrencies with a fixed…
Popular investor speculates why Terras stablecoin is gaining UST sUSD
AltcoinsWith the market capitalization of the algorithmic stablecoin UST peaking at $ 8.5 billion, what are investors speculating, what drives their adoption, and how does UST outperform its competitors?
Amid the popularity of the DeFi market, the…
Decentralized Stablecoin
Crypto GlossaryDecentralized stablecoins are fully transparent, non-custodial with no or partial third-party control.
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Collateralized Stablecoin
Crypto GlossaryA “collateralized stablecoin” is a stablecoin that is entirely or almost entirely backed by collateral held in a reserve. A stablecoin is a digital asset built on the blockchain that is designed to maintain a price peg at a designated price,…