The high inflation numbers and the crypto market
April 13, 2022
The U.S. Consumer Price Index (CPI), a widely used measure of the cost of living, rose in March to its highest level in four decades: 8.5% annualized. In Europe, similar figures were recorded for March: 7.5%. What does this mean for the crypto market?
Central Bank Digital Currencies: should we worry?
March 16, 2022
When Facebook proposed to launch its own stablecoin Libra in 2019, alarm bells went off in Western governments. If a behemoth like Facebook starts issuing its own money, we will lose our monopoly. So we have to our work cut out for ourselves. Enter Central Bank Digital Currencies (CBDCs).
What does Market Cap mean in crypto and why is it important?
April 21, 2021
Market cap is an abbreviation for market capitalization and the term is not only used in the crypto market. In the stock market it describes the market value of a publicly traded company’s outstanding shares. Similar to the stock market the market cap is used to measure and compare cryptocurrencies with each other. It is one of the most used terms in the media and many traders use the market cap as an indicator for possible growth of a cryptocurrency or a token. Today we take a look at the very definition, its flaws and how the market cap can help you to understand the market a little bit better.