Opportunity cost is the potential benefit that is missed out on when choosing one option over another.
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What is opportunity cost? A definition and examples
Opportunity cost is the potential benefit that is missed out on when choosing one option over another.
Soulbound tokens power new identity solution on Celo blockchain
Masa Finance announced its deployment on the Celo blockchain with its new “Prosperity Passport” identity solution for users.
Twitter down the same day Jack Dorsey launches decentralized alternative
Thousands of Twitter users were unable to view tweets while Jack Dorsey’s decentralized social network Bluesky grabbed attention online.
Hodlnaut founders propose selling the firm instead of liquidation
Despite Hodlnaut creditors insisting on the firm’s liquidation, the founders keep trying to save the business and sell it to potential investors.
Bitcoin 'millionaires' increased 140% as BTC price crossed $20K — data
Bitcoin's old 2017 all-time high is still a key level when it comes to long-term investment, data shows.
Bitcoin ‘millionaires’ increased 140% as BTC price crossed $20K — data
Bitcoin (BTC) millionaires are made when the BTC price crosses $20,000, data reveals.
According to on-chain analytics firm Glassnode, there are currently over 67,000 BTC wallets worth $1 million or more.
$20,000 makes 50-BTC hodlers happy
Bitcoin is famous for its relationship with the $20,000 price tag.
Prominent since becoming the all-time high of Bitcoin’s previous halving cycle, $20,000 is more than just a technical and psychological line in the sand.
As Glassnode now shows, when BTC/USD crosses that price point, many hodlers either gain or lose U.S. dollar millionaire status.
Solana plans to improve its blockchain: Here’s how
After a network-wide slowdown that had users frantic, Solana released plans to improve its latest network upgrade.
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches.
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches.
Gaming engine Unity adds MetaMask functionality among new Web3 tools
Blockchains Solana and Tezos were also among the 13 “vetted” crypto platforms added to Unity’s Asset Store.
Goldman Sachs still open to crypto hires amid massive 3,200 staff cut
Goldman Sachs’ digital asset lead Mathew McDermott said the bank remains “hugely positive” on exploring blockchain applications.
Binance US restructuring plan favored by 97% of Voyager customers
An overwhelming majority of Voyager account holders want Binance US to buy out the firm’s assets.
United States CBDC would ‘crowd out’ crypto ecosystem: Ex-Biden advisor
Daleep Singh argues that crowding out cryptocurrencies by establishing a CBDC in the United States would protect the country's national interests.
Tel Aviv Stock Exchange moves toward offering crypto trading
Israel's sole public stock exchange wants to allow its clients to trade crypto but is facing regulatory resistance.
France on the verge of passing stringent crypto firm licensing laws
The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.
Marathon Digital bungles crypto impairment sums, will reissue financials
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures.
Marathon Digital bungles crypto impairment sums, will reissue financials
The Bitcoin miner received a letter from the SEC on Feb. 22 which highlighted accounting mistakes it made on multiple financial disclosures.
Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern
Stacks is one of the first blockchains to enable a way for minting Bitcoin (BTC) Ordinals, which puts it in an excellent position to benefit from the hype. However, Ordinals have invoked an issue from the past where Bitcoin maximalist ideologies will be tested if the NFTs lead to network congestion.
On top of that, Stacks has yet to deliver all the functionalities required to support an NFT trading ecosystem and it faces competition from projects in other blockchain ecosystems. The fundamental and technical analysis of the project suggests that the price surge might have reached overbought conditions and may correct in the near term.
Ordinals development is unpredictable for now
The recent focus on inscribing NFTs on the Bitcoin network peaked in the last month after Casey Rodarmor inscribed an Ordinal on Jan. 29. While the trend took off to an overwhelming start, the minting is limited to technical users with a Bitcoin node and trading primarily takes place through OTC channels.
In comparison to Ethereum NFT marketplaces, the infrastructure for Bitcoin NFT trading remains significantly underdeveloped in regards to complex activities like decentralized trading. Many investors have expressed their belief that there needs to be a way to spin up marketplaces and NFT minting platforms for Ordinals.
The Bitcoin developer community has previously discouraged using the network for anything other than payments because it clogs the space and increases transaction fees. In the bull run of 2020 and 2021, many Ethereum (ETH) users paid hundreds of dollars in fees per transaction as user activity on it exploded. On the other hand, Bitcoin’s fees stayed at optimum levels throughout the bull run, but the usage and earnings of the protocol lagged behind Ethereum.
Stacks (STX) surges as Bitcoin NFT hype grows, but its blockchain activity raises concern
The possibility of hosting Bitcoin NFTs on Stacks pushed STX price to new yearly highs, but there are concerns on whether the bullish thesis becomes reality.