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DeFi

FTX Clears Doubts as per Reasons for the Difficult Liquidity of Tokens on the Platform

09 Nov 2022 @ 09:21
In the heat of the ongoing dispute between Binance and FTX, customers on the FTX platform seem to be gripped with fear as it becomes difficult to withdraw Bitcoin and other stablecoins. The CEO of the FTX platform clears the fear of customers, assuring them that the matching engine is working very well. However, the […]
 

Bitcoin (BTCUSD) Re-Attempts the $21,000 Resistance Price Level

08 Nov 2022 @ 06:51
After Bitcoin have beaten the $20,000 price level on the 25th and the 26th of October, the next difficult price level is $21,000. Breaking the $20,000 level did not pose much resistance as the $21,000 price level. On the 26th of October, it looked like the bulls would also conquer the $21,000 price level. However, […]
 

Binance Establishes its 7th Branch in Ireland

02 Nov 2022 @ 06:15
Binance is the largest cryptocurrency exchange platform in the world and it is expanding its domains in Europe. On Monday, they set up another branch in Ireland. This will make the 7th firm that Binance has in Ireland. Initially, Binance targeted Ireland as the place to set up its headquarters for the whole of Europe, […]
 

Vitalik Buterin Excited About the Delay of Numerous ETFs

02 Nov 2022 @ 03:17
The Joint Founder of Ethereum very recently considered cryptocurrency regulation, pointing out that he is kind of excited that regulators keep declining cryptocurrency exchange-traded funds proposals. In a more expanded controversial Twitter thread on October 30th, Vitalik reiterated that the cryptocurrency sector is still in its infancy of drawing institutional acceptance because it calls for...
 

How Does Blockchain Work?

01 Nov 2022 @ 08:17
The blockchain is made up of a network of computers, these computers are also known as nodes. Blockchain technology is a decentralized computer network used for financial transactions and this makes cheating and fraud impossible because every node on the blockchain network has an exact copy of the same ledger that contains financial deals between […]
 

The Meaning of Margin Call

19 Oct 2022 @ 07:15
A margin account can be used for trading cryptocurrency, forex and stocks. This type of account affords investors the power to leverage a higher amount of money which they use to enter a much larger trade for purpose of getting higher profit. Trading on a margin account is like borrowing money from one’s broker to […]
 

What If I Sent Some Crypto To Scammers?

18 Oct 2022 @ 19:29
“Illusions are something pleasant. The disadvantage is that they tend to burst like a bubble.” – Wolfgang Kurz There are many Internet fraudsters and scammers out there whose primary aim is to turn you into a dupe. They will do everything possible to convince you that their claims are genuine. This includes fake websites and/or fake […]
 

XRP Settles on A Higher Price Level

18 Oct 2022 @ 06:26
The XRP/USD market settled on the support level of $0.332 on the 20th of August and the market took that as the basis for its consolidating market move. Looking at the market from a wider view, we will discover that the XRP market has experienced more consolidation markets than it has experienced other types of […]
 

Businesses in Russia Getting Around the European Sanction Through the Use of Crypto

12 Oct 2022 @ 08:20
To be able to do business within Russia and outside Russia, business organizations are now employing cryptocurrency to bypass the trade restriction placed on them by the European Union. Russia now has no other choice than to adopt the use of crypto even though they have had no conventional regulatory principle guiding the use of […]
 

Types of Crypto Assets

11 Oct 2022 @ 09:19
  A good understanding of the types of crypto Assets will help us to identify the uses, characteristics and similarities of the types of assets under certain different circumstances.The major crypto assets are divided by CoinDesk’s Digital Asset Classification Standard into a few helpful categories and these categories are discussed below: Cryptocurrency Cryptocurrency refers to […]
 
 
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