A bond quote shows the current trading price of a bond in the market, which is super important for investors and traders to understand its value. Typically, these quotes are expressed as a percentage of the bond’s face value, the amount it will be worth when it matures. Knowing how to read bond quotes allows
Cryptography, in simple terms, is all about keeping information secret. More specifically, modern cryptography relies on mathematical concepts and computing to encrypt and decrypt data, ensuring that the information remains authentic and intact. When you encrypt text, you start with plaintext (data that’s easy to read) and transform it into ciphertext (which is scrambled and
A quota is a trade limit set by the government that restricts how many goods or their total value a country can import or export within a certain timeframe. Nations use quotas in international trade to manage the amount of trade they engage in with others. Sometimes, countries place quotas on certain items to cut
Bitcoin Maximalism is a movement formed by die-hard Bitcoin fans who see BTC as the one true valuable cryptocurrency. They argue that other cryptocurrencies fail to reflect the principles set forth by Bitcoin’s creator, Satoshi Nakamoto, making them lesser in comparison to Bitcoin. The Fundamentals of Bitcoin Maximalism The idea of Bitcoin Maximalism revolves around
Protectionism is when governments put rules in place to limit international trade in order to support local businesses. These policies are often aimed at boosting the economy at home, but they can also be used to address safety or quality issues. Learn more about Protectionism Protectionist measures usually target imports, but they can also touch
A free trade agreement is an arrangement between two or more countries aimed at lowering the obstacles to importing and exporting goods and services. This means that products can move across borders with minimal or no government-imposed tariffs, quotas, subsidies, or restrictions. Free trade stands in contrast to trade protectionism and economic isolationism. Learn more
DeFAI merges Decentralized Finance (DeFi) with Artificial Intelligence (AI). The core concept behind DeFAI is that AI can simplify DeFi, making it easier for users who aren’t tech-savvy to navigate. With the rise of AI agents, “crypto” and “AI” have become buzzwords everywhere. Alongside blockchain technology, they create a powerful trio of innovation that is
A trade war happens when two countries get into an economic conflict. This usually occurs when one country responds to what it sees as unfair trade practices from another by imposing restrictions like tariffs on imports. Domestic trade unions or industry lobbyists might influence politicians to make imported products less appealing to consumers, which can
It’s the practice of using your smartphone or mobile device to mine cryptocurrencies. Traditionally, mining requires high-powered computers equipped with specialized hardware like GPUs or ASICs to tackle complex math problems and confirm transactions on the blockchain. However, thanks to the emergence of mobile apps and cloud mining services, you can now mine—or at least
The Smoot-Hawley Tariff Act of 1930 increased import taxes in the U.S. to shield American farmers and businesses from international competition. Today, this act is often held responsible for deepening the Great Depression both in the U.S. and globally. Officially known as the United States Tariff Act of 1930, it’s usually called the Smoot-Hawley Tariff