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Showing posts with the label bitcoin news

The hype threat of "hot coins" in the bear market

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 Since this time, DeFi is a hot spot in the circle. Both most popular projects are usually COMP and BAL. Included in this, COMP is the governance token of Compound, and BAL is the governance token of Balancer. These two coins ushered within an unexpected surge at the start of their listing. Over time of precipitation, what's the current scenario of the two coins? Let's take a look at their recent styles: Let's first look at the trend of COMP: The shape above shows the currency price trend of COMP. It proceeded to go from 96 All of us dollars at the start of its listing on June 17 to quickly soaring to All of us$341 on June 22 and to US$176 on July 13 in less than a week. The price tag on the currency has dropped by nearly 50% from the highest point, and the purchase price has doubled since the start of the listing. Let's look at the trend of BAL: The image above is the currency price trend of BAL. It reached its highest price of 19.72 US dollars at the start of its list...

What will eventually the crypto marketplace under the manage of the "whale"?

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 Editor's note: This short article is from your first-class warehouse (ID: very first_vip1), and it is reprinted by Blockchain Daily with permission. Once we all understand, the cryptocurrency marketplace is controlled and even manipulated by large dealers ("whales"). According to a report by the study business Diar, in 2018, a lot more than 55% of bitcoins in flow were in the hands of only 1% of large market makers. Previous Goldman Sachs banker Per Wimmer explained the situation the following: "The crypto marketplace is dominated by top institutional bookmakers and person bookmakers. They will have a large discuss of the marketplace. So far, it has been too an easy task to manipulate the marketplace." No one understands for sure how the mystery bookmakers with tens of huge amount of money in their accounts, or even hundreds of millions of dollars, have the ability to survive today due to good fortune or because of their decisive investment strategies. A recent...

"DeFi Virtual Hackathon"

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 The Kyber #DeFi digital hackathon aims to teach designers about Kyber Network's liquidity process and token trade technology, and how exactly to use it to generate innovative payment procedures and DeFi (decentralized or open finance) applications. Online hackathons will concentrate on novel and practical options for DeFi. Hopefully to see higher composability among Ethereum tasks (such as for example bZx, Chainlink, Substance, Melon, Synthetix, WBTC (Parcel Bitcoin) community, etc.) . The total value of the awards exceeds $42,000 and we look forward to building many fascinating use cases! It is advisable to possess blockchain, Ethereum, and strong knowledge, but not required. When you have any questions, please sign up for our Hackathon Discord Chat! If you need to purchase ETH or convert ETH to ERC20 tokens, please feel free to use KyberSwap.com Technology companions: bZx, Chainlink, Substance, Melon, Synthetix Ecosystem builders: BitGo, WBTC (Parcel Bitcoin), CoinGecko, dapp.co...