Gnosis and Balancer Labs announced the deployment of the Balancer-Gnosis-Protocol (BGP), a new decentralized exchanged running on top of Ethereum. Felix Leupold, Software Engineer Lead at Gnosis, broke down some key points on the protocol and how it will help users to trade with better cost-efficiency. The Balancer-Gnosis Protocol will converge two components, as part…
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Turkey’s fiat currency, the Lira (TRY), is in serious trouble – especially against Bitcoin – with consumer price inflation reaching an alarming 16% in March of this year. In January of 2008, the Lira traded at near-parity with the US Dollar but is currently near its all time low of 8.5 TRY to the USD.…
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Bitcoin and Ethereum are booming, altcoins are surging, and other crypto categories like DeFi and NFTs have taken off like never before. Money is being made on digital currencies and it is highly visible in the public eye due to mainstream media coverage of the cryptocurrency revolution. With more eyes on the asset class, it…
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Up-and-coming derivatives exchange GlobeDEX – or Globe as it’s simply known – has closed a private round worth $18 million. A host of blockchain VCs lined up to back the exchange on its mission to create an advanced trading platform that can cut it with the best of them. Its team, who can’t be accused…
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In a rapidly transforming world, making hay while the sun shines is definitely the wisest road to progress. Success, in whatever domain, comes to those who keep with the time. Considering the ongoing bull run, this is especially true of the blockchain-cryptocurrency sector. Bitcoin’s price has stayed above the $50,000 mark for some time now,…
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In distinguishing real-world use versus speculative investing, IOG CEO Charles Hoskinson said he derides DeFi in its current state. The comments come as Cardano announced securing a contract with Ethiopia’s Ministry of Education for a blockchain-based ID system. This accomplishment is part of Cardano’s pan-African strategy that intends to improve lives by providing new systems.…
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NFT Alley, a new marketplace to launch India’s first multi-chain marketplace within the virtual economy, has successfully secured funding from the top-tier investors within the industry. It raised a total of $1M in seed, private and public rounds. Notable investors, including Amesten Capital, AU 21 capital, X21 Digital, Moonwhale Ventures, participated in the funding round.…
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BSCTrades launches comprehensive trading tools with real-time data analysis at the trader’s fingertips. These tools by BSCTrades are set to ramp up the BSC trading game. Traders can Chart, trade and research with total efficiency to maximize their profits. Binance Smart Chain(BSC) the native blockchain of the Binance ecosystem has emerged as one of the…
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Ethereum gained bullish momentum and traded to a new all-time high above $2,700 against the US Dollar. ETH price is likely to continue higher above $2,700 and $2,750. Ethereum is trading in a bullish zone above the $2,600 support level. The price is now trading well above $2,550 and the 100 hourly simple moving average.…
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Ripple started a fresh increase after testing $1.00 against the US Dollar. XRP price is likely to surge further if it clears the $1.45 and $1.46 resistance levels. Ripple is showing positive signs above the $1.25 and $1.30 resistance levels against the US dollar. The price is now trading well above $1.3200 and testing the…
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