In 2020, decentralized exchange Uniswap airdropped every user that ever interacted with its smart contract with 400 UNI, their newly launch governance token. This was at the peak of a period in the crypto space commonly known as the “DeFi Summer”, the expansion in adoption of a sector that offers users a real use case…
Details
The success of any project depends upon the roadmap it takes to achieve its milestones. From security audit to token sale, every milestone plays a vital part in deciding the popularity and success of the token. Bali Social Integrated, a blockchain-based tourism platform has taken the right approach from launching its token on Uniswap to…
Details
Originally intended as a kind of digital cash for purchasing goods and services without resorting to fiat currency, cryptocurrency nowadays more resembles a commodity. More precisely, each digital asset, from the original Bitcoin to altcoins like Ethereum and Litecoin and even the so-called ‘meme coins’ such as Dogecoin, functions as a commodity in an exchange…
Details
Composable Finance, an innovative blockchain protocol, is running ahead of schedule in its development of an interoperable ecosystem for decentralized finance (DeFi), which can be broadly defined as the use of blockchain to power financial tools. To keep up with their pace of development, the company is raising funds from user contributions through a crowdloan,…
Details
New and experienced crypto investors are always looking to maximize their profits. This is why the leading crypto exchange Phemex has several products which allow users to put their cryptocurrencies and digital assets to work. Phemex’s Flexible and Fixed Saving Asset Management products enable investors to earn interest on their crypto. Unlike the competition, Phemex…
Details
In the early days, cryptocurrencies and other digital assets were too taboo for traditional media attention. As few reputable sources were willing to cover an anarchist currency, it was kept alive through discussion forums, IRC chat rooms, and electronic mailing lists. But these online hubs also happen to be the home of video game enthusiasts.…
Details
Ethereum failed to clear the $3,200 resistance and declined further against the US Dollar. ETH price is now at a risk of more downsides below $3,050 and $3,000. Ethereum settled below the $3,200 pivot level and extended its decline. The price is now trading well below $3,200 and the 100 hourly simple moving average. There…
Details
Bitcoin price failed to settle above $48,500 and corrected lower against the US Dollar. BTC is now facing many hurdles near $47,500 and $48,000. Bitcoin extended its decline and tested the $46,500 support zone. The price is now trading below $48,500 and the 100 hourly simple moving average. There is a connecting bearish trend line…
Details
Bitcoin has been moving sideways during the day after an increase in selling pressure brought back to mid-range of its current levels. The first cryptocurrency by market cap trades at $47,394 with a 5.4% profit in the daily chart. BTC with minor losses in the daily chart. Source: BTCUSD Tradingview Despite the cool off in…
Details
Bitcoin has once again dipped back down below its $47K resistance point. This time, the price of the digital asset looks to have turned its attention downwards. While this downward correction continues, it is important to know where this correction might lead. Price dips are not a novel concept in bull markets. In fact, price…
Details
