Cryptocurrency investment and trading strategies, analysis, and news.
Here at Token Metrics, we understand that our most valuable asset is you, our audience. With your help, we have put together a special ceremony called the Moon Awards. The Moon Awards will put important aspects of cryptocurrency under review, with the best items in each category decided by your vote. The Moon Awards With so many facets of cryptocurrency to cover, we have broken…
steep downward trend since mid November, ’21. For the past few months, tailwinds from the US Federal Reserve have created bearish movements across risk-on assets.
After seeing the parabolic rise in the price of many NFT projects, you are probably wondering to yourself, “how can I short NFTs?” Well, you are not the only one. A few protocols are currently developing derivative markets for the floor price of NFTs. How Do You Actually Short NFTs? Currently, there are no fully-developed products that allow you to short an NFT. In theory,…
Meta, the conglomerate owner of social media platforms Facebook and Instagram, announced plans to allow their users to create, share, and possibly exchange NFTs on these platforms, the Financial Times first reported today. The tech giant continues to show its acceptance of new technologies, particularly related to cryptocurrency and blockchain. With the recent launch of its Novi wallet, Meta is ready to go full-tilt into…
The Congressional Energy and Commerce committee held a hearing today to explore the environmental impact of cryptocurrency mining. The full memo can be found here. The committee raised concerns that the energy consumption resulting from crypto, namely bitcoin mining, is immense and surpasses that of even some entire countries. Fortunately, concise and articulate witness testimony from Cornell Tech professor Ari Juels, Soluna CEO John Belizaire,…