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Showing posts with the label finance

Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs. Bitcoin layer-2 infrastructure firm Lightning Labs has release d the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoin s and real-world assets to be issued on the Bitcoin and Lightning Network. The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoin s and other assets on the Bitcoin blockchain, according to Ryan Gentry, head of business development at Lightning Labs. “We believe this new era for Bitcoin will see a myriad of global currencies issued as Taproot Assets, and the world's foreign exchange transactions settled instantly over the Lightning Network.” “With this release , developers can issue financial assets on-chain in a scalable manner,” Lightning Labs stated on Oct. 18 in a separate post. “Today marks a new era of mu...

Opinion: 3 tips for trading Ethereum this year

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It’s a hard year to trade, but there are measures you can take to increase the likelihood you’ll succeed if you want to trade Ether. Cryptocurrency is a notoriously volatile industry, regardless of what coin you’re trading . During periods of extreme volatility, it’s easy to become disheartened when trades don’t go your way. It’s also easy to become overconfident when you get lucky, falsely attributing it to your trading strategy — when, in reality, the price often rose or fell for reasons other than you assumed. Despite the uncertainty, there are sometimes still strategies you can use to trade certain tokens successfully. Ether (ETH) is arguably where you might be able to succeed this year. Here are three tips that might help. Understand what actually affects ETH price movements There are many ways to analyze the price of a given cryptocurrency, and different price valuations will be given depending on the model used and how much weight is given to a specific set of conditions. But ...