The performance of Pepe (PEPE) and Bonk (BONK) post-launch summarizes why meme coins are not the top choice for savvy investors.
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Digital Assets News
What is a Digital Asset?
A Digital asset is a non-tangible asset that is created, traded, and stored in a digital format. In the context of blockchain, digital assets include cryptocurrency and crypto tokens.
Cryptocurrency and tokens are unique subclasses of digital assets that utilize cryptography, an advanced encryption technique that assures the authenticity of crypto assets by eradicating the possibility of counterfeiting or double-spending.
The key differentiation between the two classes of digital asset is that cryptocurrencies are the native asset of a blockchain — like BTC or ETH — whereas tokens are created as part of a platform that is built on an existing blockchain, like the many ERC-20 tokens that make up the Ethereum ecosystem.
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Bitcoin rebounds close to $63,000, influenced by the end of Germany’s Bitcoin selloff, and a surge in market enthusiasm after an assassination attempt on former U.S. President Donald Trump.
“As global Web3 companies increasingly enter India, local communities will play a pivotal role in shaping the future of Web3 projects. Through our flagship events – India Blockchain Tour and Metamorphosis – Octaloop aims to nurture and engage India’s growing Web3 community,” states Octaloop Founder, Anupam Varshney.
With its innovative features and bold ambitions to revolutionize both the crypto and ETF financial worlds, The DeFi platform stands as the go-to platform for institutional investors looking to maximize their returns in the flourishing crypto market.
Last month, the SEC returned the initial S-1 filings to the issuers with minor comments, a move that suggests a positive outlook towards the approval process. Konstantin Shulga, CEO and Co-founder of Finery Markets, breaks down what the impending SEC decision could mean for Ethereum and its classification as a commodity or security.
The innovative platform has surpassed a significant milestone, exceeding $800,000 in its ongoing presale.
Toncoin’s bullish trend is expected to persist, provided the support trendline on its daily chart remains unbroken.
Unlike fiat currencies like the US Dollar or Japanese Yen, whose values are relatively stable, cryptocurrencies experience substantial price movements in a couple of hours.
This offers an opportunity for users to engage with a broader array of digital assets, including emerging and pre-launch tokens.
“Integration with Stellar aligns with Taurus’ strategic growth as the blockchain has been optimized and built for asset tokenization,” states Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus.