Bitcoin Sentiment Dips to ‘Extreme Fear’ on August 5 Amid Significant ETF Withdrawals

On August 5, the Crypto Fear & Greed Index plummeted to a score of 17 out of 100, signaling the lowest sentiment since July 12, 2022. This sharp decline in market confidence coincided with a notable $168 million withdrawal from spot Bitcoin ETFs, reflecting growing uncertainty among investors. Data from Farside Investors highlighted that the …

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RECOGNIZING AND AVOIDING CRYPTO PHISHING SCAMS

As the cryptocurrency market continues to grow, so does the risk of falling victim to phishing scams. Cybercriminals are constantly developing new tactics to trick individuals into revealing their sensitive information, jeopardizing their digital assets. Today, we will equip you with the knowledge and tools to identify and avoid crypto phishing scams. Understanding Crypto Phishing …

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Understanding Crypto ETF: A Simplified Guide

Exciting news is on the horizon! The recent approval of a Bitcoin ETF by the SEC has opened up new possibilities in the world of cryptocurrency investments. To help you navigate this groundbreaking development, we’ve crafted a comprehensive guide to understanding Crypto ETFs—a financial innovation that’s set to reshape the landscape of digital assets. What …

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A Guide To Cryptocurrency Airdrops in 2024

Welcome to the Web3 Digest ultimate guide to navigating the thrilling landscape of cryptocurrency airdrops. Whether you’re a seasoned crypto veteran or just starting your Web3 journey, understanding airdrops can open doors to new opportunities and rewards. So, let’s dive into the world of crypto airdrops and discover how you can catch the crypto rain! …

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The Do’s and Don’ts of P2P Trading

Ever since the clampdown on financial institutions in Nigeria from facilitating cryptocurrency transactions by the Central Bank of Nigeria, P2P trading became quite a popular way for crypto traders and investors to offramp and onramp into crypto.   This method of exchange is done directly between buyers and sellers or may use a third pay as an …

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Centralised Exchange (CEX) AND Decentralised Exchange (DEX) Explained

Simplified Guide to Understanding CEX & DEX Imagine if you ordered a pair of shoes from your favourite online store and later discovered that they didn’t fit. You cry out in frustration to your friend because of how much the shoes cost, and your friend tells you she knows someone who could advertise your shoes …

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A Beginner’s Guide to Understanding SocialFi

Imagine a virtual space where you can connect, collaborate, and learn with like-minded individuals from across the globe, all while leveraging the power of decentralized technologies. That’s SocialFi in a nutshell. It combines the best elements of social media and decentralised finance (DeFi) to create an engaging and profitable experience. So, let’s dive in and …

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