Initial DEX offerings (IDOs) and initial public offerings (IPOs) are highly regarded as capital generators for startups trying to become respected players in the cryptocurrency space. They are both lucrative fundraising mechanisms for emerging companies. However, IDOs are based on decentralized exchanges and aren’t bound by the strict regulations enforced by centralized exchanges. And, other…
When Decentralized Finance, or DeFi, first came on the scene a few years ago, it was more of a curiosity, and certainly didn’t pose any form of serious competition for traditional finance. However, in 2021, that is changing fast. Now, DeFi is becoming a major player in the economic world, and big names are starting…
Market sentiment is strongly bullish, since the start of October its price has gained more than 50% without taking a single correction yet. At IntoTheBlock we have analyzed three key indicators that provide interesting insights into how the crypto market could be positioned for the next move. Transactions volume up 7x since previous ATH Since…
An Initial DEX Offering (IDO) refers to any cryptocurrency being launched on a decentralized exchange (DEX). With such an offering, a blockchain project will debut a coin on a DEX to raise any funding from retail investors. IDOs have increased in viability and have increasingly been preferred to initial coin offerings (ICOs). But, how well…
The advent of cryptocurrencies has revolutionized the work of businesses and industries all over the world, including the finance, banking, and retail sectors. In April 2021, the prices of Bitcoin and Ethereum exploded – rising by over four to nine times – demonstrating that the world might witness a crypto boom with digital currencies being adopted…
Art is ever-changing. Styles, color palettes, and different types of media can fall in and out of favor. But as adaptable and ever-changing as it may be, one thing remains constant — art is about challenging, changing, and shifting the perspective of the viewer. Many believe that NFTs are opening a whole new world of…
The online community is not always the most welcoming of ‘no-coiners’ (people who, for various reasons, don’t own cryptocurrency). Many people who don’t have access to technology or associate it with negative implications stay away from developing a more in-depth understanding. While some may say “have fun staying poor,” those that are interested should be…
Bitcoin mining and its impact on the environment has been in the news recently, as Elon Musk tweeted his concern about the amount of its fossil fuel usage, and withdrawing his support of the cryptocurrency. But is he correct about the current situation of mining energy consumption? Are all Bitcoin mining facilities destroying the planet…
Anyone who closely follows the cryptocurrency industry will know that applications to launch Bitcoin Exchange Traded Fund (ETFs) have been backing up like planes waiting to land at Heathrow. Although some Bitcoin ETFs have been approved around the world (in Canada, Brazil and Dubai), the U.S. Securities and Exchange Commission has so far rejected every…
As of October 12th, Bitcoin’s price seems to be climbing to new highs despite a slight drop caused by El Salvador’s announcement to become the world’s first nation to accept the coin as legal tender earlier last month. The optimism generated by El Salvador’s news was so high that a Reddit movement was started encouraging the…