In September 2021, Sotheby's announced its intention to auction an extremely rare copy of the US Constitution. For interest sake, out of the 500 made, only 13 remain. 11 of those 13, sit in institutions. For example, the Library of Congress. That means two are privately held.
So, this announcement was a big deal. And many took notice. In particular one group of crypto entrepreneurs...
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In a space of a week, Compound managed to become the top player in Decentralised Finance (DeFi).
Between Monday 15 June and Monday 22 June, Compound:
• Created a new kind of Initial Coin Offering (ICO) and launched its COMP token
• Its COMP token listed on Coinbase
• Drew an extra $500 million into its DeFi lending platform
And how incredible is this… it saw its COMP token ra... ››› more
Now is the time to get excited about the Rugby World Cup in Japan.
It's been four years since the world last clashed on the rugby field and with the introduction of new countries taking part, this year's Rugby World Cup could be a nail-biter.
That's why today I want to break down each team to its very core, identify their squads while answering one important question…
Who will win ro... ››› more
Last week, I explained a “new” type of cryptocurrency that's making headlines - stable coins.
More specifically, I delved into the first type of stable coin currently available right now called fiat-collateralised stable coins.
These are simply coins backed by real currencies like dollars and gold to bring stability to the volatile crypto market.
Today, I'm going to share the next typ... ››› more
Commodities have had a rough ride over the past few years. One casualty is iron ore. Its price keeps ebbing lower.
So why is the price of iron ore struggling so much? Is there hope of a recovery? And what does it mean for the major iron ore suppliers?
Let's take a closer look…
The sinking price of iron ore
Iron ore is the main ingredient used to make steel. Since the beginning of ... ››› more
Forex traders: Here's the real reason the rand rose to better than expected levels on Friday! You can also learn a nifty way you can put this knowledge to your forex portfolio's advantage - each and every time...
The rand edged up to a three-week high against the dollar on Friday.
Better-than-expected US jobs data kept riskier but high-yielding emergi... ››› more
As a savvy investor, you probably know all about exchange traded funds (ETFs) but have you heard of ETNs (exchange traded notes)? While the popularity of ETFs has taken off in a big way, ETNs have all but been ignored by ordinary investors. But here's the thing, ETNs are becoming more and more popular with retail investors - especially those looking to invest in commodities. Here's what you need t... ››› more
Want to improve your chance of picking winning trades and reduce your chances of bombing out by up to 70%? It's as easy as adding trend lines to your trading strategy, says Gavin Fourie, analyst for Forex Trader. Every trader has heard the age-old adage: “The trend is your friend”. But how effective is trading the trend really?
Well, according to Fourie, trading the trend using the trend li... ››› more
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