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Another Leading DEX Is Choosing the Order Book Mechanism

As the DeFi segment with the clearest application scenarios and the strongest demand, decentralized exchange (DEX) has always been attracting the most attention.Sponsored Sponsored It also embodies the greatest competitiveness as well as the strongest capital effect. Since its low and stable performance in the middle of last year, DEX’s total trading volume has grown rapidly, and the monthly figure peaked at $162.8 billion in May. Sponsored Sponsored Although it is still lagging behind the centralized exchange (CEX), its market size of hundreds of billions of dollars obviously can not

Shiba Inu Leads the Pack — Top Altcoin Gainers of October 2021

October was a very bullish month for cryptocurrencies. Bitcoin (BTC) increased by 32% and reached a new all-time high price on Oct 20 and six altcoins increased by triple digits, led by Shiba Inu (SHIB).Sponsored Sponsored The ten altcoins that increased the most during the month of October were: Shiba Inu (SHIB): 1005%Secret (SCRT): 350%Frax Share Price (FRX): 224%Fantom (FTM): 190%Curve DAO Token (CRV): 120%Harmony (ONE): 100%1Inch (1INCH): 97%Near Protocol (NEAR): 79%Thorchain (RUNE): 75%Axie Infinity (AXS): 67% SHIB SHIB has been moving upwards since the beginning of October. It has

Litecoin Is in a Deadlock, Unable to Breach $200 High

Nov 02, 2021 at 11:43 // News Litecoin (LTC) price is trading above the moving average but faces a rejection of the $200 high. Today, the LTC price has fallen to a low of $196. Buyers have been desperately trying to break above the resistance level since October 21. On the breakout on October 20, buyers pushed the altcoin to the high of $210, but were rejected. The LTC price dropped to $187 and corrected to the upside. The upward correction led to another decline on the downside. The market

What is Dragonbite? (BITE)

DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

Why investors are not entirely sold on investing in a Bitcoin futures ETF

With two Bitcoin futures ETFs set to make market debut, let’s dive deep into the cost associated with owning these contracts. ProShares Bitcoin futures ETF is reportedly set to go live on 18 October, likely followed by Invesco’s ETF on the next day on 19 October.  We know that there are additional costs associated with an ETF. Apart from a brokerage commission, analysts are anticipating a higher expense ratio with these traded funds. As the filing by ProShares marks an annual operating expense of 0.95%, an investor will essentially spend

Ripple Price Prediction: XRP/USD Touches $1.171 Resistance

Ripple Price Prediction – October 6 The Ripple price is improving as the coin is now facing up in an intraday zone above the moving averages. XRP/USD Market Key Levels: Resistance levels: $1.30, $1.35, $1.40 Support levels: $0.85, $0.80, $0.75 XRPUSD – Daily Chart XRP/USD is now hovering above the 9-day and 21-day moving averages amid global recovery on the cryptocurrency market. The Ripple price keeps improving as the coin touched the intraday high at $1.171 level. At the time of writing, XRP/USD is still warming up to gain more

Bitcoin (BTC) Aims for Major Resistance After Cruising Above $50,000

Bitcoin (BTC) resumed its ascent on Oct 3, clearing the final resistance level prior to the Sept 7 highs. While there is some short-term weakness developing, BTC is expected to eventually move above the aforementioned highs.Sponsored Sponsored Bitcoin increased considerably on Oct 5, creating a large bullish candlestick.  The candlestick was important since it took the price above the Supertrend resistance line (red icon). The Supertrend is an indicator created by using the absolute high and low prices on a given day and serves as a gauge for the direction

Ethereum Retraces as Buyers Recoup Above $3,300 Support

Oct 04, 2021 at 10:56 // News The price of Ethereum (ETH) fell to a low of $3,327 today and continues its sideways movement. At the current price level, the largest altcoin is considered to have fallen into oversold territory in the market. Selling pressure is expected to be exhausted when the price reaches the oversold region. In the meantime, the market is moving above support at $3,300, and if the current support holds, Ethereum will break back up through resistance at $3,500. However, if the bears surprisingly break the

Bitcoin Bulls Sustain Recent Rallies but Are Overwhelm Above $48,000 High

Oct 04, 2021 at 09:09 // News The Bitcoin (BTC) exchange rate has been on a positive run as the price broke out above the high of $48,000. Although buyers failed to sustain the bullish momentum above the $48,000 high, the BTC price fell back to support at $47,000. Since October 1, buyers have made a concerted effort to resume upside momentum, but the cryptocurrency faces rejection at the recent high. The bottom line is that bitcoin will continue to rise as long as the cryptocurrency's price remains above its

White hat hacker paid DeFi’s largest reported bounty fee

Belt Finance, an automated market maker (AMM) protocol operating a yield optimization strategy on Binance Smart Chain (BSC), claims to have paid the largest bounty in the history of decentralized finance (DeFi) to a whitehat hacker who averted a $10 million bug crisis. Industry whitehat programmer Alexander Schlindwein discovered the vulnerability in Belt Finance’s protocol this week and reported the news to the team. For his efforts, Schlindwein received a generous compensation of $1.05 million, the majority of which ($1 million) was granted by Immunefi, with the additional $50,000 offered by

Bitcoin (BTC) Reclaims $43,000 After Short-Term Pump

Bitcoin (BTC) increased slightly on Sept 29 but failed to sustain its upward movement. However, it moved above $43,000 on Sept 30 before dropping back slightly.Sponsored Sponsored BTC has broken out from a short-term descending resistance line and is in the process of moving towards the next closest resistance area. BTC attempts to reclaim resistance BTC is currently attempting to move above the $44,000 area, which previously acted as support but has now turned to resistance. Sponsored Sponsored Technical indicators in the daily time frame are showing some bullish signs, such