The midway point of December has passed, meaning that while the crypto community is focused on SBF’s arrest, the charges, and related market events, CoinsPaid Media starts summarizing the year’s results.
Plus, our editorial team continues preparing informative and relevant materials about the industry by keeping track of the hottest crypto news. To make sure our dear readers don’t miss out on anything potentially interesting in the pre-New Year’s fuss, we’ve prepared a new issue of our digest covering this week’s highlights.
The term “whale,” which refers to large holders of a particular asset on a stock exchange, emerged in the trading community at the beginning of the last century. The term took root and migrated to crypto slang bearing the same meaning. Local experts added new species to the “sea fauna,” thus classifying cryptocurrency investors depending on the amount of assets they hold.
This article isn’t new, but it’s more than relevant to the events going on in the market. The FUD effect brought down the Terra ecosystem in May, it destroyed SBF’s crypto empire, and now it’s affecting Binance. That’s why understanding this mechanism is crucial. You can also brush up on FOMO (Fear of missing out), as these two phenomena tend to occur in tandem.
We start summing up the expiring year. First up is an expert opinion from our regular columnist Anton Bykov. An op-ed on the matter, backed by experience and arguments. Soon we’ll get more detailed summaries from CoinsPaid Media editorial staff.
