Amazon`s Stock Value Slumped 45% in a Year; $670B Wiped off its Market Cap Jastra Kranjec January 24, 2023 0 Comments After years of impressive growth that turned them into trillion-dollar companies, the Big Five tech giants saw their stock prices slump last year, dragging the whole market down. However, the eCommerce giant Amazon was among the hardest hit. According to data presented by Trading Platforms, Amazon`s stock value slumped 45% year-over-year, with $670bn being wiped … Read more
Regulated Forex Brokers List 2023 Ali Raza November 12, 2021 0 Comments Forex trading is a popular way for new traders to enter the trading industry, and for plenty of reasons. The forex market is the biggest, it has the most liquidity, and currencies and currency exchange are already familiar to people. The only thing left to learn is where to start trading, and how to do … Read more
Solana and Ethereum Now Control 93% Of All NFT Transactions Edith Muthoni January 23, 2023 0 Comments Non-fungible tokens, or NFTs, have been making waves in digital art and collectibles. These unique digital assets are built on blockchain technology that allow creators to sell one-of-a-kind items like digital art, music, and videos in a verifiable and scarce way. As the NFT market grows, two blockchain platforms have emerged as dominant players: Solana … Read more
Bitcoin’s Mean Transaction Size Touched a 1-Year Low at 567 Bytes Edith Muthoni January 18, 2023 0 Comments Bitcoin’s (BTC) mean transaction size has drastically declined since the start of last year. According to data from TradingPlatforms.com, the king crypto’s average transaction size fell from 694 bytes on January 17th, 2022, to just 567 bytes on January 15th, 2023 – its lowest point in the last 12 months. Some leading lights in the … Read more
Tesla`s $860B Market Cap Drop Twice Bigger than Combined Valuations of Toyota, Volkswagen, and General Motors Jastra Kranjec January 16, 2023 0 Comments The world’s most valuable car maker Tesla has had a rough year, losing almost 45% of its stock value between January and November 2022. But things went from bad to worse when the company’s market cap dipped by another 40% in December alone, causing the worst stock value drop the car industry has seen in … Read more
Ethereum Miners Daily Transaction Fees Slumped 93% in the Last 12 Months Edith Muthoni January 11, 2023 0 Comments Ethereum (ETH) miners have had a roller coaster ride over the past year. According to a TradingPlatforms.com report, ETH miner’s daily transaction fees experienced an astounding tumble – dropping from $43.66M on January 8th, 2022, to just $2.91M one year later. This drop represents a 93% reduction in transaction fees over 12 months. TradingPlatforms’ investment … Read more
What Is Inflation, and What Causes It? rubylayram January 10, 2023 0 Comments Many staples that we use every week have become costlier. For example, the cost of gas, groceries, and utilities have all increased noticeably. Although headlines often focus on inflation’s effects, they don’t answer the fundamental question of what inflation is. Inflation can often lead to higher prices for goods or services due to scarcity, high … Read more
Why Is NFT So Expensive And Some Worth Millions? Omar Ortiz November 1, 2021 0 Comments Physical or traditional works of art, such as paintings, are valuable precisely because they are unique or scarce. But digital files can easily be duplicated and shared endlessly on the internet. With NFTs or non-fungible tokens, art can be “tokenized,” to create digital scarcity or a certificate of authenticity of a property that can be … Read more
What is an ETF and how do you invest in them? Omar Ortiz March 16, 2022 0 Comments Exchange-traded funds (ETFs) are one of the most effective ways for entry-level investors to get involved with the financial markets. ETFs have been known to yield significant returns with very little need for micro-managing positions on behalf of investors. This is one of the biggest benefits of investing in ETFs for beginners to financial investments. … Read more
The Truth Behind Using Crypto Bots in 2022 Omar Ortiz February 28, 2022 0 Comments This calculation appears again and again on the Internet: Anyone who would have bought Bitcoin and invested $20 in the hour of its birth would have a fortune worth millions today. Such hypothetical calculations are meant to suggest: Crypto markets offer more than classic financial investments and can help anyone get rich in no time. … Read more