Month: August 2021

I will assume by now you folks know what an NFT (Non-Fungible Token) is. It is basically a representation of ownership of various objects. It can be an image, a sound, a video, that can be demonstrably linked back to you, as a rightful owner of the object. Cryptokitties Cryptokitties was one of the first … Read more

NFTs, or Non-Fungible Tokens, have been taking the crypto world by storm this year, in the process helping Ethereum achieve gains that surpass Bitcoin from a percentage perspective. It is also not showing any signs of pausing, with NFTs minted in 2017 coming back with a vengeance this year, with the likes of CryptoPunks and … Read more

A major bullish lagging indicator is forming, and is gearing up to appear in the next few days, potentially over the weekend of 14 / 15 August, 2021. The Golden Cross. Why am I so excited for this golden cross formation? Well, the last time we had a golden cross in October of 2020, we … Read more

Over the weekend, 7 August, Marvel launched their very first NFT, featuring friendly neighborhood Spiderman in a variety of poses. It was the first NFT drop I participated in, and because it was from Marvel, I expected the rare, ultra rare and secret rare ones to be snapped up within minutes of launch. Altogether, there … Read more

August 5th 2021 marked a rather special day for Ethereum. It was the day the London Hard Fork (or EIP 1559) was enacted. With EIP 1559, Ethereum became a little less inflationary. With every block, some ETH gets burned, and the total new supply of ETH gets a little lesser. ETH developers claim this makes … Read more

After what seemed like forever in cryptoland, but in reality was only 3 months of excruciating downward spiral, we finally see a green month for Bitcoin, marking July with an 18.4% close higher, starting the month at $35,059 and closing at a price of $41,490. What made this reversal so much more impressive was that … Read more