Author: hotcrypto
Floki’s SLM program will leverage yield-bearing NFTs dubbed Treasury Bills to create more market liquidity. Floki also announces integration with Chainlink Keepers service into FlokiFi Locker, to automate its token-locking process. Dog-themed cryptocurrency Floki Inu is back in the news once again after announcing two major important partnerships this week. On Tuesday, August 16, Floki Inu announced its partnership with ApeSwap. The dog-themed meme platform announced that it will allow users to purchase the FLOKI token at a discount through its new sustainable liquidity mining program. As per the Floki Inu team, this SLM program will leverage yield-bearing NFTs dubbed…
All of the largest cryptocurrencies were down during morning trading on Wednesday, with Cardano ADAUSD seeing the biggest move, tumbling 5.55% to 54 cents. Polkadot DOTUSD shed 5.29% to $8.42, and Dogecoin DOGEUSD fell 4.14% to 8 cents. Uniswap UNIUSD fell 4.14% to $8.05 on Wednesday, while Litecoin LTCUSD shed 2.29% to $60.05 and Ethereum ETHUSD fell 2.75% to $1,833.23. Bitcoin Cash BCHUSD and Bitcoin BTCUSD fell 2.29% to $134.15 and 2.22% to $23,440.42 Ripple XRPUSD posted the smallest drop with a 1.73% decline to 37 cents. In crypto-related company news, shares of Coinbase Global Inc. COIN shed 5.01% to…
Ethereum price has retraced over the past few days, in the last 24 hours the coin depreciated 2%. The current price action pointed towards consolidation. In the past trading sessions, ETH has retraced beneath the $1,900 price mark. Continued consolidation for Ethereum has now pushed Ethereum price close to $1,800. In case the king altcoin is unable to break past the $1,800 level, it would be targeting the next support level for the coin. Technical outlook had turned bearish as the coin was mainly consolidating causing a loss of value. Buying strength witnessed a fall on its chart which made…
Monochrome is eyeing a spot bitcoin ETF in Australia, adding to an already crowded market in the country.The fund’s partner has received unique regulatory approval to offer direct exposure to bitcoin. The U.S. continues to lag behind in the spot bitcoin ETF ecosystem.Monochrome Bitcoin Fund will release another spot bitcoin exchange-traded fund (ETF) in Australia with a unique form of regulatory approval, per a report by the Financial Standard.The bitcoin-focused asset manager’s responsible entity and custodial partner, Vasco Trustees, received licensure on Tuesday to operate spot crypto-based ETFs. Additionally, Vasco has also received accreditation from the Australian Financial Services (AFS)…
Bitcoin 360 AI is a relatively new trading tool that helps traders streamline their activities in the cryptocurrency space. This Bitcoin 360 AI review will help you fully understand how the platform works and whether it is the right choice for you. Bitcoin 360 AI is a cryptocurrency trading robot that lets users trade on coins such as Bitcoin, Litecoin, Ethereum, and more. This Bitcoin 360 AI review looks at the robot’s features, pros and cons, and safety to see if these claims are valid. What is Bitcoin 360 Ai? Bitcoin360Ai.com is a program that automates cryptocurrency trades by…
Is it a good time to start investing in cryptocurrencies? It depends. A cautious investor might say your money would be better served in more stable markets. But an investor interested to know more about what’s happening in the digital asset space might be more willing to absorb a bit of risk in exchange for massive, diversified growth.So what is there to know about the crypto world? In the past months, most if not all crypto assets have been negatively impacted by macroeconomic factors. However, the platform for building distributed applications (DApps) and smart contracts market is turning a corner.Now…
In this bull market, most altcoins are benefiting from the broader market’s movement. However, VeChain has been precipitating its own rally thanks to the arrival of its long-awaited update. Even though this altcoin is still far away from its all-time high, could this be the necessary trigger or will it just be more hype? VeChain POA 2.0 VeChain had an explosive week as the market switched gears and the project had its own set of important updates. The announced arrival of POA 2.0 Phase 1 had an impact on the crypto as activation was set in motion yesterday on the…
It can take a while to understand how everything works in the crypto industry. This can certainly be the case for crypto trading, as a number of different essential tools and additional features are used in the process. One such tool, an Automated Market Maker (AMM), is now used daily by traders to conduct transactions. But what is an Automated Market Maker, and can it be helpful to you? What Is an Automated Market Maker (AMM)? One of the key desires of many cryptocurrency holders is trustless trade. Unfortunately, third parties and central authorities can be problematic and time-consuming in…
European digital bank Revolut has been granted authorisation by the Cyprus Securities and Exchange Commission (CYSEC) which will allow it to offer crypto services across the European Economic Area (EEA). Revolut, which is valued at USD 33 billion, has received approval as a crypto asset service provider from Cyprus’ regulators. The authorization will allow Revolut to offer crypto services to its 17 million customers in the EEA out of a new crypto asset hub in Cyprus. Revolut said its choice was down to the regulatory regime of the island country. Crypto firms are attempting to establish regulated entities in EU…
Neal Stephenson devised the term Metaverse in his novel Snow Crash in 1992. But it only came into the spotlight when Mark Zuckerburg announced that his company Facebook will now be focusing on the virtual future: Metaverse. Metaverse is a whole new world of virtual reality and augmented reality. Many in the gaming industry have expressed their belief that NFT games and/or blockchain games are the future of gaming. The NFT games segment is still in its infancy but user counts for many games are rapidly rising, highlighting the potential the segment holds. According to data presented by Safe Betting…