These posts are written in-house by the team members of Sanctuary DEX.
How to Keep Your Crypto Safe If you are new to cryptocurrency or have assets on centralized exchanges or wallets, I recommend you learn all you can about taking custody of your own crypto assets, using a decentralized solution like Sanctuary™ Dex. The goals of Sanctuary Dex are straightforward; “We Make Cryptocurrency Useful”. Link: https://sanctuarydex.com …
The Market Bears are Betting on the Phillies – Here’s Why! To date, the Philadelphia baseball teams and their dominance culminating in a World Series championship has also resulted in stock market bears coming out of hibernation. Causation or correlation? We’ll leave this question up to you to answer but here are the facts to-date. …
The Market Bears are Betting on the Phillies – Here’s Why! Read More »
The Merge Update The Merge Update In my previous article, I explained The Merge in detail. Since that article, there have been some updates worthy of passing along. Source: https://sanctuarydex.com/ethereum-the-merge-eip-3675/ September 15th is the target date for the merge of the Ethereum blockchain with the Beacon chain. In addition to Chainlink, major NFT exchange OpenSea …
Ethereum – The Merge (EIP-3675) What is The Merge? Simply stated, The Merge is Ethereum’s transition from a Proof of Work (PoW) blockchain to a Proof of Stake (PoS) blockchain. Why the change? The benefits of The Merge will mostly be realized with future upgrades that will provide higher throughput, lower fees, and increased development. …
Is this the Collapse of CeFi? CeFi’s Capacity for Opacity The past two months of 2022 have been a tumultuous time for crypto enthusiasts. As the Terra Luna UST collapse was unfolding, I asked myself, “Would this create a domino effect, resulting in the collapse of major players in the crypto space?” What transpired was …
Bitcoin Volatility Primer The goal of this article is to explain why the price of bitcoin is volatile and to show how that volatility has been decreasing over time. As of this article, the market capitalization of Bitcoin is $364 billion dollars. This is simply the current total supply (19.1MM) multiplied by the current price …
CBDC (Central Bank Digital Currency) What is it and why should we worry? During the recent pandemic, sovereign nations “air dropped” stimulus checks to their citizens to support their economies. The effect of these checks was not as impactful as they had hoped as most of the funds were spent to pay off debt, put …
Financial Institutions and “Friction” For this article, the term friction will be used to describe any barrier put in place that prevents access to YOUR FUNDS. The goal of this article is to make you aware of when friction occurs, and the hidden costs associated with it. Since 1980, interest rates on CDs, checking and …
Terra is a cryptocurrency project that is represented by the LUNA token. The ecosystem has a stable coin pegged to the US Dollar with the ticket UST. The “peg” to the US Dollar is performed with an algorithm that encourages the burning of LUNA to buy UST when the peg is below $1.00 and the …
As you may know, Monero is one of several “privacy coins” that allow users to maintain their anonymity on the blockchain. In a previous article, I described the importance of privacy when accepting crypto for payment of goods and services as well as paying employees with cryptocurrencies. Article Link: https://sanctuarydex.com/why-privacy-in-payments-is-important/ If you track the price …
