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Digital assets and currencies

Understand assets, networks and trading mechanics with sources you can check.

Finance

Access to finance

Access to finance is the ability of individuals or enterprises to obtain financial services, including credit, deposit, payment, insurance, and other risk management services. Those who involuntarily have no or only limited access to financial services are referred to as the unbanked or underbanked, respectively. Areas with inadequate banking services are referred to as banking deserts.

Trading basics

Budapest Stock Exchange

Budapest Stock Exchange (BSE) (Hungarian: Budapesti Értéktőzsde, pronounced [ˈbudɒpɛʃti ˈeːrteːktøːʒdɛ] (BÉT)) is the third largest stock exchange in Central and Eastern Europe by market capitalization and liquidity. It is located at 55 Krisztina Boulevard, Budapest, Hungary, in the Buda Centre of the Hungarian National Bank Previously, from 1864, during the Austro-Hungarian Empire it wa

Finance

Buffett indicator

The Buffett indicator (or the Buffett metric, or the Market capitalization-to-GDP ratio) is a valuation multiple used to assess how expensive or cheap the aggregate stock market is at a given point in time. It was proposed as a metric by investor Warren Buffett in 2001, who called it "probably the best single measure of where valuations stand at any given moment", and its modern form co

Stablecoins

DAI and the Sky Stablecoin System

DAI is a US dollar-pegged stablecoin associated with the Maker system, later linked to the development of the Sky ecosystem. This article introduces its positioning, mechanism, usage verification, and common misconceptions.

Networks

Ethereum

Ethereum is a decentralized blockchain with smart contract functionality. Ether (abbreviation: ETH) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software.

Finance

Fundamentally based indexes

Fundamentally based indexes or fundamental indexes, also called fundamentally weighted indexes, are indexes in which stocks are weighted according to factors related to their fundamentals such as earnings, dividends and assets, commonly used when performing corporate valuations. This fundamental weight may be calculated statically, or it may be adjusted by the security's fundamental to m

Finance

List of public corporations by market capitalization

The following is a list of publicly traded companies, that have the largest market capitalization or "market value". Most or all of these companies would be categorized as megacap stocks.

Trading basics

Magic formula investing

Magic formula investing is an investment technique outlined by Joel Greenblatt that uses the principles of value investing.

Finance

Market value

Market value or OMV (open market valuation) is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.

Assets

Meme coin

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an internet meme or has some other humorous characteristic.

Finance

MSCI KLD 400 Social Index

The MSCI KLD 400 Social Index was launched in 1990 and is designed to help socially conscious investors weigh social and environmental factors in their investment choices.

Finance

P/B ratio

The price-to-book ratio, or P/B ratio, (also PBR) is a financial ratio used to compare a company's current market value to its book value (where book value is the value of all assets minus liabilities owned by a company). The calculation can be performed in two ways, but the result should be the same. In the first way, the company's market capitalization can be divided by the company's t

Trading basics

Post-money valuation

Post-money valuation is a way of expressing the value of a company after an investment has been made. This value is equal to the sum of the pre-money valuation and the amount of new equity.

Finance

Post–earnings-announcement drift

In financial economics and accounting research, post–earnings-announcement drift or PEAD (also named the SUE effect) is the tendency for a stock's cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings announcement. This phenomenon is one of the oldest and most persistent capital market anomalies, with e

Finance

Price-to-cash flow ratio

The price/cash flow ratio (also called price-to-cash flow ratio or P/CF), is a financial ratio used to compare a company's market value to its cash flow. It is calculated by dividing the company's market cap by the company's operating cash flow in the most recent fiscal year (or the most recent four fiscal quarters); or, equivalently, divide the per-share stock price by the per-share ope

Finance

Price–earnings ratio

The price–earnings ratio (P/E ratio, P/E, or PER) is the ratio of a company's share price to the company's earnings per share. The ratio is used for valuing companies and to find out whether they are overvalued or undervalued.

Finance

Price–sales ratio

The price-to-sales ratio (P/S ratio or PSR) is a financial ratio used to assess a company's market value relative to its revenue. It is calculated by dividing the company's market capitalization by its total revenue over a specified period, typically the trailing twelve months (TTM), or equivalently, by dividing the unit price of each share by the per-share revenue. Investors use this me

Finance

Tobin's q

Tobin's q (or the q ratio, and Marris's v), is the ratio between a physical asset's market value and its replacement cost. It was first introduced by Robin Marris as a firm-level microeconomic variable in his 1964 book The Economic Theory of Managerial Capitalism, and was shortly afterwards further analysed by Richard Kahn in early drafts of his paper Notes on the Rate of Interest and th

Stablecoins

USD1: Brand, Token, and Reserve Information

USD1 is a US dollar stablecoin associated with the World Liberty Financial brand. This article introduces its positioning, mechanism, verification checklist, and common misconceptions.

Stablecoins

USDC: Native Issuance and Bridged Versions

USDC is a US dollar-backed stablecoin issued by Circle. This article introduces its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDe: Ethena Synthetic Dollar

USDe is the synthetic dollar asset of the Ethena protocol. This article covers its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDS: Sky Protocol Stablecoin

USDS is the stablecoin of the Sky protocol and is closely related to the evolution of DAI. This article covers its positioning, mechanism, usage checklist, and common misconceptions.

Stablecoins

USDT: Tether and Network Selection

USDT is a US dollar-denominated stablecoin issued by Tether, designed to maintain a close value relationship with the US dollar. This article introduces its positioning, mechanism, verification checklist, and common misconceptions.