Bybit, one of the world’s largest cryptocurrency derivatives trading platforms, has contributed $19.3 million in ETH, USDC, and USDT to the BitDAO Treasury, as per an update on July 27. The protocol’s Treasury now holds over $20.7 million, a majority–$11 million—is in ETH. On July 26, BitDAO received$5.73 million, more than double the weekly average or around $2.5 million. What […]

On Monday (July 26), the International Monetary Fund (IMF) explained in a blog post why it is a bad idea for countries to pass laws to make cryptoassets (such as Bitcoin) national currencies instead of creating their own central bank digital currencies (CBDCs). The IMF, which was established on 27 December 1945, is “an organization of 189 countries, working to foster global […]

Decentralized exchanges are peer-to-peer (P2P) marketplaces that directly connect crypto buyers and sellers. These exchanges are non-custodial and transparent in nature. Users do not have to share their private keys during the exchange, making them safer than centralized exchanges. EmpireDEX is a next-gen decentralized exchange that weaponizes liquidity for projects to utilize the liquidity in unique ways. EmpireDEX is unique […]

A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream Cryptocurrencies Amy Arnott, a cryptocurrency-focused portfolio strategist at Morningstar, shared her views on crypto regulation, ether, and cardano in an interview with the Insider […]

As the first exchange to launch the copy trade feature, the derivatives trading platform Bitget will initiate a trader recruitment plan in July 2021 to invite experienced traders across the world to sign up for its one-click copy trade, according to its recent official announcement. The initiative is part of its effort to build a robust copy trading ecosystem and […]

Dogecoin (DOGE) Battles To Maintain the 200-day Moving Average as Support With respect to price action, Dogecoin is currently hovering at the $0.17 price area. Furthermore, the meme-coin is currently trading slightly below the 200-day moving average as highlighted in the following chart. Also from the daily chart DOGE/USDT chart above, the following can be observed: Dogecoin is in a […]

The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies. However, in recent times the original dogecoin has faltered, and over the last three months has shed […]

Axie Infinity Price Movement Since June 16 (Source: TradingView) Analysts claim these displays show clear warning signs that the token face a bearish market spell. Nonetheless, AXS might overcome the challenge altogether, moving past its $23 resistance level. Bulls continue to track how the token’s price will move as it continues to display signs of a bear market momentum. More […]

Spores Network has raised $2.3 million from leading crypto funds, including Focus Labs, NGC Capital, and Maven Capital, to become the first full-stack, blockchain-agnostic DeFi-powered NFT marketplace, a press release on July 15 shows. Cardano Network to Host the Spores Network The protocol aims to decentralize pop culture using the Cardano blockchain and its ecosystem. By focusing on the creator, […]