As interoperability continues to prove a pain point for AMMs, Tenet connects popular DeFi protocols via the native $TEN token. 2020 saw decentralised finance protocols unlock a suite of new and exciting passive income opportunities. Decentralised AMM (automatic market maker) exchanges such as Uniswap, Balancer and Curve have become hugely …
Read More »Binance hits record high of $80B in daily volume as crypto markets surge
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms. Source link
Read More »Ethereum Shoots Past $1k But High Gas Fees Still a Problem
Ethereum spiked as high as $1.1k after a 30% advance on Sunday, a level not seen since February 2018. The market has since cooled off, back to just below the $1k level at the time of writing. But having breached psychological resistance of $1k, expectations of a continuation are heightened. …
Read More »Over $1.17B of Bitcoin Longs Liquidated as Price Slumps Below $30K; What’s Next?
Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt.com shows that the BTC/USD market liquidated long contracts worth $1.17 billion as of 2130 EST Sunday. The stop-losses triggered as the Bitcoin price slumped …
Read More »Binance US CEO predicts $100K Bitcoin by 2022
Coley said that Bitcoiners could see an “accelerated” version of the 2017 bull run eventually driving the price to $100,000. Source link
Read More »Data Shows 78% of the Circulating Bitcoin Supply Is Illiquid, Only 4.2M BTC in Constant Circulation
Onchain statistics show 78% of the circulating bitcoin supply is illiquid and barely accessible according to Glassnode research. Data indicates that the analysts have classified 14.5 million bitcoin as illiquid and only 4.2 million bitcoin in constant circulation. One of the most treasured parts of the Bitcoin (BTC) protocol is …
Read More »What Are Ripple’s Chances of Beating The SEC in Court?
Just weeks ago, XRP was outperforming Bitcoin, and everything Ripple related was coming up roses. However, less than 10 days ago, all of that came crashing to an abrupt end. It emerged that the U.S. Securities and Exchange Commission (SEC) was building a case against Ripple, and its two most …
Read More »Cover Protocol announces compensation plan following mining contract attack
Cover Protocol will distribute new “coins” to token holders as Binance announces compensation for affected traders. Source link
Read More »Ripple Fires Back Saying SEC to Blame For Harm to Innocent XRP Holders
The Ripple Team has released a statement in response to the events of the past week or so. In it, they maintain their innocence against all charges levied by the U.S. Securities and Exchange Commission (SEC). They added that the “muddied waters” have adversely affected innocent XRP holders, who they …
Read More »Binance Fractal That Last Sent BNB Up By 290% Flashes Again
Binance’s native token BNB was among the few gainers on Tuesday as the rest of the high-cap cryptocurrency assets corrected lower. Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com Binance Coin trades inside a medium-term ascending parallel channel. Source: BNBUSD on TradingView.com The BNB/USD exchange …
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