Day: November 24, 2020

In 2020, digital cryptocurrency has a new myth! Recently, the price of Bitcoin (BTC) reached a peak of $18,476 after an impressive 35% bull market began in early September. Many people regard Bitcoin as one of the assets they must invest in, because its value is limitless. When we talk about asset valuation, the first step is always to understand the fundamental economics. Equities, bonds and real estate, for example, generally derive value from generating cash flows. Therefore, valuation of these assets involves projecting future cash flows. Commodities, on the other hand, are more utility-based, so their prices are anchored by industrial supply and demand. History of money shows us that natural forms of money generally go through three phases of evolution — first as collectible ...

BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Wootrade’s WOO token under the trading pair of WOO/USDT on November 24th at 10:00 a.m. EST. Backed by Kronos Research, Wootrade is a layer one trading infrastructure with a graphical interface that can integrate with any exchange, trading desk, wallet, dApp, or other trading-related platform. The native token, WOO, can be used as the access to the network through staking or as the payment or collateral for advanced trading and investment products. The Wootrade network was conceived and incubated by the founders of Kronos Research, one of the largest quantitative firms in the industry. With deep liquidity provided by Kronos’s roster of inst...