Author: hotcrypto
Decentralized finance has been making inroads into the traditional financial services ecosystem with its niche approach toward investment and wealth management. A look at the crypto news today will show you how DeFi protocols have transformed investment sensibilities with innovative products like cryptocurrencies and meme coins, which are cryptocurrencies that are inspired by social media memes. With their rallying prices, these blockchain-based assets have been gaining traction across the world and have found widespread application in businesses for gaining a competitive edge. If you are new to the world of cryptocurrencies, you can start by weighing your options and researching.…
What is Bitcoin? Bitcoin (BTC) is the number one cryptocurrency in the world today, with a total market cap of more than $400 billion. It is a groundbreaking project that introduced the world to the limitless potential of blockchain technology in January 2009. Its whitepaper outlines the framework for building and operating a completely Decentralized Financial (DeFi) system by leveraging blockchain technology. In other words, bitcoin ushered in the era of being able to send funds from one party to another without the intervention or participation of a financial intermediary of any third party. Decentralized finance has become an alternative…
Cryptocurrencies have added immense amounts of value to the lives of their users and just like other industries, those who add value are usually the ones who succeeded. HUH Exchange (HUH), PancakeSwap (CAKE), and Polkadot (DOT) are very good examples of this and users can see the success they have enjoyed because they are useful and provide a service to their communities and the DeFi industry at large. https://presale.huh.social/register HUH Exchange (HUH) HUH Network (HUH), a layer 1 blockchain with EVM compatibility, wants to provide its users and others with an important tool to improve their DeFi experience:…
– Advertisement – Singapore, Singapore, 1st September, 2022, Chainwire Founded in 2021, Mintology is launching a new concept to the market this year, allowing brands of any size to connect with customers, fans and prospects by giving away NFTs at no cost. The NFTs are used as a claimable and marketing tool. The initiative was launched alongside the largest global NFT conference, NFT NYC. At the conference, some of the largest players in the NFT world show off their various products. Mintology believes there to be three reasons compelling why brands will be receptive to engaging with NFTs: It’s the…
Polkadot price is approaching an inflection point that could potentially reverse the downtrend and allow bulls to take control. This development comes as BTC is also attempting to find a stable support level to kick-start its recovery rally, making a bullish outlook more likely for DOT too. Binance is waiving fees for a whole month for customers trading the Ethereum-BUSD pair on its exchange platform. The world’s largest exchange makes 90% of its revenue from trading fees. Free trading on the exchange platform is therefore a watershed moment for ETH holders. Dogecoin price is drifting slowly down to…
One of the most rapidly expanding blockchain-based industries is decentralized finance. In a world where the financial system has a lot of gatekeepers, the Defi sector enables a permissionless way to create and distribute wealth. Big Eyes Coin aligns with these values. Big Eyes seeks to create a blockchain ecosystem that generates wealth for its participants. But the project has another goal – improving the lives of marine animals by donating part of the proceeds from the project to charity. The Defi sector has grown very popular in the last few years, mostly because of how well it solves some…
As the date for the Ethereum Merge approaches, nonfungible token (NFT) marketplace OpenSea has announced that it will focus on supporting only the NFTs that are on the upgraded proof-of-stake (PoS) blockchain. In an announcement on Twitter, the NFT marketplace said that while their team is not speculating on any potential forks, it clarified that if there are forked NFTs, they will not reflect on OpenSea as the platform will only support the upgraded chain. The NFT marketplace also highlighted that its team is preparing the NFT trading platform for any issues that may arise with the upcoming Ethereum Merge so that…
Will Cardano Reach $500? Read our detailed analysis on when and how will Cardano Reach $500 in the future. Price of Cardano The current momentum with respect to the current price are not favorable for the Price of Cardano to reach $500. However, considering the volatility of the crypto market, the prospect of Cardano reaching $500 cannot be denied. Before we discuss will Cardano Reach $500 and when Cardano Will reaches $500, lets us know some facts about Cardano: Will Cardano Reach $500: Some Facts about Cardano Cardano has been developed by one of the former Ethereum co-founders Charles Hoskinson…
The Hash Ribbons indicator has flashed, historically identifying some of the best price levels for long-term positions on Bitcoin. It recognises when miners are capitulating due to being unprofitable, driven by low valuations of Bitcoin. When miners struggle financially, they turn off their rigs, which often coincide with macro bottoms. Why Is This Important? Miners are struggling means the macro bottom is fast approaching. The price of Bitcoin dictates the market’s overall direction, and this buy signal means digital assets are at their best entry point. All with depressed valuations ready to soar within the coming months. A new value-backed…
Decentralized Finance (DeFi) has been a constant in the cryptocurrency market. With thousands of existing DeFi protocols offering different tokenomics and use cases, they come with a certain level of risks to the market. If the risks are unchecked, market fluctuations, especially in a bearish market, can result in a massive fall in the prices of these Defi protocols.Immunicorn Finance (IMU) aims to bring long-lasting and practical solutions to the Decentralized Finance markets. Built on Binance Smart Chain (BSC), Immunicorn Finance (IMU) offers a unique and secure platform that provides immunity to digital assets.This article will establish the exciting features…