history
Major moments in the history of the stock market, from the birth of stock exchanges to catastrophic market crashes and more.
BNB Chain
What Is BNB? Launched in July 2017, Binance is the biggest cryptocurrency exchange globally based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of financial activity globally. The idea behind Binance’s name is to show this new paradigm in global finance — Binary Finance, or Binance.
By Financial Independents3 years ago in Trader
Dodge Coin Explained
What Is Dogecoin? Dogecoin (DOGE) is based on the popular "doge" Internet meme and features a Shiba Inu on its logo. The open-source digital currency was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia, and was forked from Litecoin in December 2013. Dogecoin's creators envisaged it as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience, since it was based on a dog meme. Tesla CEO Elon Musk posted several tweets on social media that Dogecoin is his favorite coin.
By Financial Independents3 years ago in Trader
Polygon Matic Explained
What Is Polygon (MATIC)? Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
By Financial Independents3 years ago in Trader
USDT Explained
What Is Tether (USDT)? USDT is a stablecoin (stable-value cryptocurrency) that mirrors the price of the U.S. dollar, issued by a Hong Kong-based company Tether. The token’s peg to the USD is achieved via maintaining a sum of commercial paper, fiduciary deposits, cash, reserve repo notes, and treasury bills in reserves that is equal in USD value to the number of USDT in circulation.
By Financial Independents3 years ago in Trader
SOLANA
What Is Solana (SOL)? Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
By Financial Independents3 years ago in Trader
Ethereum
What Is Ethereum (ETH)? Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
By Financial Independents3 years ago in Trader
Mastering the Principles of Money: Understanding the Functions, Forms, and Value of Currency
Money is a medium of exchange that is widely accepted in payment for goods and services or in settlement of debts. It is a crucial component of economic systems and plays a vital role in facilitating trade and commerce. The principles of money can be broadly categorized into three main areas: the functions of money, the forms of money, and the determination of the value of money.
By Jared Goddard3 years ago in Trader
compound annual Interest rate – 8th Wonder
compound annual Interest rate- Nobel Prize-winning scientist ‘’Albert Einstein’’ referred to compound annual interest as the eighth wonder of the world. What is compound annual interest? Compound annual interest income is the income earned by re-investing the annual income from an investment.
By Essaki Vignesh3 years ago in Trader
