“Utility token” and “security token” sound like two neat, mutually exclusive categories. In practice, one label may describe a technical use while another describes a legal treatment. A token can provide access to software and still be offered in a way that triggers financial regulation. It can also change in use, governance or distribution over time. The issuer’s chosen name is not decisive. Classification depends on the token’s rights, economic substance, marketing, degree of decentralisation and the law of each relevant jurisdiction. First separate the technical and legal questions Technically, a token is a state or asset represented by rules…
Author: Mashell Chapeyama
Mashell Chapeyama
I am Mashell Chapeyama, a crypto writer, analyst, and researcher. My burning interest in cryptocurrencies and the blockchain compels me to share the knowledge I have gained over the past 10 years with all other crypto enthusiasts around the world.
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A price display of $1.00 tells only part of a stablecoin’s story. The more important questions are who will redeem the token, what backs that promise and what happens when many holders try to leave at once. A stablecoin is designed to track a reference value, usually the US dollar. It may serve as trading collateral, a settlement asset or a bridge between bank money and onchain applications. That usefulness rests on an issuer, reserves, collateral rules, market incentives or some combination of them. How a stablecoin tries to hold its peg A stablecoin needs a mechanism that encourages issuance…
Open an NFT in a block explorer and three different things can appear to be one asset. The blockchain records a token and its controller. The token may point to a metadata file, which may point again to an image or other media. A separate licence or contract determines what, if anything, the controller may do with that work. Calling all three “ownership” hides the questions that matter. An NFT can provide a transferable onchain record without making its media permanent, its intellectual-property rights automatic or its use compatible with every application. The token is the onchain record On Ethereum,…
Bitcoin can trade at two slightly different prices at the same moment. One venue reports its last completed trade; another reports a different trade against a different order book. Neither screen is the market itself. Each is a local record of where a buyer and seller most recently agreed. That observation rules out a common but misleading explanation for crypto volatility: there is no single lever called “supply and demand” that turns a global price up or down. Prices emerge through venues, liquidity, positioning and information. A useful analysis traces how a trigger reaches actual orders. Price, order books and…
Bitcoin sets another milestone as one percent of its circulating supply exists as WBTC. Wrapped BTC (WBTC) is an ERC20 token, thus existing on the ethereum blockchain and is integrated into ethereum wallets and dApps.
Cardano, currently ranked number five top cryptocurrency, based on market cap, has set a new milestone in terms of staking. According to PoolTool, it has 608,391 staking wallets from 2,561 active tools.
A token jumps 80% in minutes while a group chat fills with identical calls to buy. That is a warning, not a verdict. Thin liquidity, a listing or genuine news can also produce a sharp move. Calling it a pump-and-dump requires evidence that promoters are creating demand through deceptive or undisclosed claims so they can sell into it. The distinction matters twice: traders should not mistake volatility for proof, and they should not wait for courtroom certainty before declining a coordinated “pump” invitation. What makes the scheme manipulative? A classic pump-and-dump has a concealed economic conflict. Organisers acquire or already…
Non-fungible tokens, created on the ethereum blockchain, have opened many opportunities for artists and other content creators to earn passive income. By definition, Non-fungible tokens (NFTs) are digital assets existing on the blockchain which show ownership of a rare, unique and scarce product.
The recent market crash and the subsequent fall in market activities have resulted in the sudden fall of transaction fees of BTC and ETH. According to Bitinfocharts, the transaction fees of BTC reached an all-time-high of $62.77 within the last six months in April 2021. Ever since that time, the average gas fees have been very high.
Coinbase reports on its blog that people can use its card, together with Apple Pay and Google Pay to make payments in cryptocurrencies. This is convenient for people to pay for their services and products on a daily basis.
