What is a Digital Miner?

A digital miner is a non-fungible token (NFT) backed by real hashrate. Each NFT miner possesses a specific computational power (TH/s, terahashes per second) and energy efficiency (W/TH, watts per terahash). Owners of such miners receive daily rewards for mining Bitcoin and pay electricity costs.

Who Issues NFT Miners and How?

NFT miners are issued by GoMining (formerly GMT), a company operating since 2017 and managing nine data centers with a total capacity of over 350 MW. In 2021, the company introduced the concept of NFT miners in their white paper. GoMining’s partners include Binance Pool and Bitmain. The…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Global Windows Outage and Thematic Meme Coin Explosion

Users have created dozens of new tokens dedicated to CrowdStrike and Microsoft’s “blue screen of death” (BSoD) amidst a global outage of the tech giant’s systems and services.

The issues with Windows hosts were caused by a defective update to CrowdStrike’s Falcon Sensor security product. The company’s CEO, George Kurtz, stated that the error was “identified, isolated, and fixed.”

However, the outage affected numerous organizations and enterprises worldwide, including airports, healthcare facilities, and media outlets. (The photo in the above post shows the famous “Sphere” in Las Vegas).

The incident sparked the launch of thematic meme coins. One of…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Will the Launch of ETH-ETF Positively Affect the Market?

News about the launch of spot Ethereum-ETF on CBOE supported the market, with digital gold solidifying above the $66,000 mark.

On the evening of July 19, the cryptocurrency market began active growth. Bitcoin tested the $67,000 level but then corrected to $66,500, showing a 4.5% increase over the day.

Ethereum demonstrated less significant growth compared to Bitcoin, rising by 2.3% over 24 hours and trading around $3,500 at the time of writing.

Other top-10 assets by market capitalization also showed positive dynamics. XRP saw the largest increase of the day, rising by 8.2%.

According to Coinglass, the volume of…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Global IT Outage and Bitcoin’s Surge Above $66,000

On Friday, the cryptocurrency market saw a resurgence as Bitcoin (BTC) hit its highest price in a month, despite a global IT outage. BTC surpassed the $66,000 mark at the start of U.S. trading, reaching a daily peak of $66,700, the highest since June 17. This increase was accompanied by significant trading volumes in BlackRock’s spot Bitcoin ETF (IBIT). At the time of publication, the largest cryptocurrency was trading around $66,500, up 4% over the last 24 hours.

Solana outperformed the broader CoinDesk 20 Index (CD20), which rose by 4.3%.

Earlier in the week, cryptocurrencies fell in tandem with…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

What is an IEO (Initial Exchange Offering) and How Does It Work?

IEO, or Initial Exchange Offering, is a fundraising method conducted through cryptocurrency exchanges. To understand IEO, it’s useful first to grasp the concept of ICO (Initial Coin Offering), which was a popular mechanism for financing blockchain startups. In an ICO, startups issue their tokens and sell them in exchange for Bitcoin (BTC) or Ether (ETH). Buyers can use these tokens on the startup’s platform or sell them later on exchanges for a profit.

Unlike an ICO, an IEO is conducted through cryptocurrency exchanges that act as intermediaries. This new strategy gained popularity following the success of IEO token sales…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Schnorr Signatures and Their Use in Bitcoin

What are Schnorr signatures?
Schnorr signatures are a digital signature scheme developed in 1991 by German cryptographer Claus-Peter Schnorr. In 2020, this scheme was included in BIP-340 as an alternative to the Elliptic Curves Digital Signature Algorithm (ECDSA) and was implemented in the Bitcoin network in November 2021.

What is a digital signature?
A digital signature is a mathematical scheme that verifies two key characteristics of a digital message: authenticity (the message was sent by a specific user) and integrity (the message has not been altered during transmission). In Bitcoin, digital signatures are used to confirm the…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Monad — How It Works

What is Monad?

Monad is a layer-one smart contract platform that employs innovative scaling approaches.

The EVM-compatible Monad protocol is designed to accelerate on-chain operations and reduce user costs. The platform ensures high transaction processing speeds (up to 10,000 TPS), one-second block intervals, and instant transaction finalization.

High performance is achieved through the unique MonadBFT consensus mechanism, and EVM compatibility allows seamless interaction for developers and users within the ecosystem. Monad combines advanced technologies such as MonadDB and deferred parallel execution. Developers can use familiar Ethereum tools to create projects, while users benefit from fast and low-cost transactions.

What…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Changes in the Ethereum Economy After the Dencun Hard Fork

It has been almost two years since the Dencun hard fork, which marked Ethereum’s transition from the Proof-of-Work algorithm to Proof-of-Stake. Oleg Cash Coin explains how these changes have impacted the economy of the second-largest cryptocurrency by market capitalization and the role of institutional investors in this process.

On September 15, 2022, the Ethereum network activated The Merge upgrade, which allowed it to switch from the Proof-of-Work consensus mechanism to Proof-of-Stake. This radically altered the cryptocurrency’s economic model and tokenomics.

As part of a series of updates, developers optimized the issuance process of new coins and introduced a mechanism…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Cryptocurrency Pre-Markets and Their Functioning

What are Pre-Markets?

In traditional finance, pre-markets are trading sessions held before the main market opens. In the cryptocurrency sector, these platforms allow tokens to be traded before their official release or distribution to airdrop participants’ wallets. They provide investors with the opportunity to gauge the future value of coins, enabling trading in the interval between the announcement of distribution and their official listing on an exchange.

Cryptocurrency markets operate around the clock, and pre-markets here are not limited to tokens alone. It’s also possible to trade protocol points, which may become criteria for future airdrop eligibility. Trading in…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com

Cryptocurrency Market and the Survivor Bias

What is Survivor Bias?

Survivor bias is a type of cognitive distortion where conclusions are drawn based on a biased sample of data. This concept is often applied in analyzing business performance or investment activities. The essence of the phenomenon lies in the distortion of research results, considering only the information about the “survivors” while excluding the “deceased.”

For example, the success story of a single company may be interpreted as a universal scenario for achieving goals, ignoring the cases of failed projects that did not achieve results despite following the same principles as the “survivors.”

The Origin of…

👉 Read More

bybit | bingx | okx | Trading Academy💰 | its-crypto.com