As one true OG Litecoin enthusiast, I wanted to test the site, or better, the NFT marketplace Liteverse.io since its launch in 2022. At first, I claimed Litecoin Summit collectors NFT. But, for several reasons, the test of minting my first NFT got a bit delayed. But now I finally have the time and the need to make use of it for a larger cause. I am sad I procrastinated a little. As it would have been a great honor to be the first one to give it a try, but given my lack of technical skills to use just code to mint outside of a marketplace, waiting was a great idea since the site is super user-friendly and it's quality has improved considerably. I would say Liteverse.io is ready for the mainstream. Minting on it or acquiring an NFT on the Litecoin network is now a Piece of cake! In this article I will describe my experience, the reason why my first series of NFTs was created, and most importantly the advantages and disadvantages of creating an nft (Non-fungible To...
Crypto is 24/7 and soon stocks shall be too. There is light in the end of the tunnel #bitcoin
For a Wall Street day trader arriving in the cryptocurrency markets, it is a surprise and often a tiring idea that crypto markets are open 24/7. In the world of crypto assets there is no market opening or closing, holidays, weekends nor circuit breakers. It is all digital and going on live 24/7.
Until recently, crypto trading and investing were looked upon as too risky, volatile, and often tiring. But since, few recent events have caused havoc in the stock exchanges, retail investors are moving their funds elsewhere, and cryptocurrency exchanges are looking into capturing that market share.
Cryptocurrency markets and exchanges are starting to be seen as more transparent than trading apps such as Robinhood, and decentralized exchanges are leaning towards being seen as the fairest of them all.
Which recent event accelerated this trend?
In addition to the recent volatility in the commodity markets recently experienced in 2020 caused mainly by the initial scare of the pandemic. Yesterday many of us were left speechless with the Ronbihood Gamestop Episode. No better way to explain than Anthony Pompliano in his latest CNBC interview check it out:
Which Crypto exchanges are offering stocks?
Centralized and decentralized exchanges are now looking to integrate stocks into their offerings, as fast as possible. With some of them already making 24/7 stock trading available as of now.
Yesterday the American centralized crypto exchange announced on a Press Release that " -Bittrex Global (Bermuda) Ltd. announced that it has listed tokenized stocks for GameStop and AMC Entertainment as well as Nokia, BlackBerry, and iShares Silver Trust. Bittrex Global will continue to list additional stocks as other firms announce a delisting from their platforms."
According to Bittrex "this decision is motivated to ensure retail investors have exposure to stocks they may wish to trade anytime during any day of the week. Bittrex Global aims to harness the power of distributed ledger technology to enable greater financial inclusion, instant settlement of trades, and lower trading fees."
And Bittrex is not the only one, Coinbase has already announced its plans to add stock commodities to its platform and Decentralized derivates exchanges such a Synthetics and others have been working to make Stock Trading completely decentralized and accessible to all.
Why?
Investing in stocks is still considered a luxury and remains inaccessible for billions of people worldwide. The main reason for that is the limits imposed by existing platforms who act as gatekeepers, suffer from technical challenges and other limitations such as operational time.
In addition as technology evolved enabling decentralized finance in such a simplistic form, many are left wondering what is the purpose for the intermediaries anyways? Banks, stock brokerage firms even hedge funds could all become obsolete when people realize they can be their own banks.
Conclusion:
In my opinion it is just a matter of time until we all flock into the new decentralized system. Happy I already took my leap. Hope to see YOU on the other side.
What a fabulous week for crypto! Bitcoin went up from 16K to 21 K, and several alt-coins either started the race or followed suit. While this increase is an indication that the market is not dead. It is too soon to confirm that the bull market has returned. However, a clear indication that the market has consolidated, and volume is bound to come back. As of now, it is pivotal to stay connected with the news and understand what type of headlines can affect the market. Bankrupting exchanges, large hacks, and hikes in US Federal Reserve interest rates are among some factors that have a direct effect on how the markets behave. The shake of 2022 was real. It crashed several institutional players and with it emptying the hands of millions of retail investors. The investors that do come back will eventually "come back" more educated about self-custody and decentralized finance. Trust is built, but a greedy market comes in waves and they do not always coincide. When the market drai...
If you are reading this post, congratulations. You have survived the 2022 bear market! Happy new year to you. We may be far from another bull run, however after so much FUD the market is bound to bounce back at some point this year or the next. After significant dips, the cryptocurrency market tends to lateralize. And that's what I expect for a good part of 2023 unless we see another dip caused by macroeconomic conditions. It is just a matter of time, and patience is key during these times. On another note, after the bear market is over you will realize how many projects you felt had substance during the bull run simply disappeared. An ecosystem that expands with every bull run, and shrinks every bear run. The rate of survival is low so pick your gems wisely. For me, it is all about fundamentals. The fundamentals are security, scalability, reliability, and decentralization. How many cryptocurrencies have a good balance of them all? Not many actually! ...
Cryptocurrencies are getting more popular than ever. Recently Bitcoin, Litecoin and Dogecoin symbols have been spotted in The Simpsons latest episode titled "Frinkcoin". Frinkcoin is the 675Th episode of American animated sitcom which aired on FOX Channel February 23rd 2020. The plot of the comedy evolved around the development, adoption and the demise of Frinkcoin cryptocurrency. The show brought the subject matter to a wide audience and is quite educative about blockchain. In a very funny way of course. Watch it on Fox Many crypto advocates highlighted the episode on Twitter in celebration. Despite Litecoin being hilariously featured in an anti-blockchain formula; Charlie Lee the creator of Litecoin, was one of the first to tweet his excitement about the mention. Also on Twitter, @TheSimpsons account is having fun with the audience and the crypto community by running an asset pool. "Which one would you invest in?" With FrinkCoin taking the lead...
The options below are the products and services I use. These are platforms, apps, dapps, and softwares available in the marketplace today, that allow anyone to earn cryptocurrencies and CASH without any financial investment. FREE platforms and services that are easy, simple, and fairly safe to use, and earn. Some you probably have installed on your phone already/ Besides, the tokens and cash rewarded by these platforms can be withdrawn and/or exchanged for other cryptocurrencies, fiat money, or products. Most are also transferrable to a wallet. They are great tools to help you offset inflation. My mission is to create a passive crypto income stream with these unique applications. And I am on the course to doing just that at a steady pace. In the process, I enjoy sharing what I learn. And sharing what I learn became part of the process I guess. No matter what I enjoy the journey and have been earning Crypto Using these methods below. But despite me using these, before trying them ...
My opinions are simply my opinions and not investment advice. I strongly recommend everyone investing or looking to earn or acquire cryptocurrencies to do their own research and get very educated about risks and security before acquiring, earning or investing. The content in this blog/ website is not investment advice. Please note that this web site also features sponsored content and referral affiliate links. Which means that when you click on some links and sign up for a product or service I may receive I small commission or credit for the referral. Most the the links also will give you an invite incentive that most often you would not receive if you do not use a referral invite link.
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