Category: Crypto News

De-Fi platforms allows much more functions as compared to other financial platforms. Sometimes it’s not clear if you can use your assets in defi to use functions like yield farming etc. It’s the fact that normally blockchains don’t normally connect to each other and the communication gap is big. This gap can be finished that allows the blockchain to connect with each other. This is known as blockchain interoperability. This way you use coins on different blockchains such as BTC and defi functions. One of such protocol that achieves blockchain interoperability is REN. REN converts the native token to an

What is Automated Market Maker Before the era of digital order books, people used to initiate trades themselves. This resulted in human errors and manipulation as there was the possibility of market makes to do so. Then the automated system came where human related issues decreased. When blockchain came into existence, developers started bringing AMM technology to the blockchain network itself. In AMM liquidity pools are provided where both assets on a trading pair are available. Other users of the platform provide the liquidity and by doing so they earn rewards based on the amount they provide and the network

Enjin is a project that provides blockchain-based gaming products. Enjin Coin was first announced in July 2017 and it was launched on the Ethereum mainnet in June 2018. This coin is being traded at the rate of $1.48 with an increase of 11.62% in the last 24 hours. About 80 percent of the max supply is circulating in the market at the moment which is around 834,340,659.57 ENJ. ENJ made its All-Time High very aggressively in the month of April reaching a value of $4.000. Talking About this month, ENJ increased with a percentage of around 13.38%. This coin is

The MANA coin had its ATH around the price of near $1.670. After that, the market crashed and the coin attained a value of $0.3715. The market showed a reversal and had its leg up to a price of around $1.0809 and then dropping again to where it is being traded at a price of $1.670 at the time this article was written. The price has increased about 8.90% in the last 24 hours. The volume has increased by 15.57% in the last 24 hours. On higher timeframes, the price has dropped by 26.83% in the last month closing below

At the time of writing, GRT is being traded at the rate of $0.6469 with an increase of 3.43% within the last 24 hours. The low within this tenure was around $0.6201 and the high was approximately $0.6574. The coin as being in the watchlist of many traders makes it ranking all the way up to number 46 according to the data release by coin market cap. This coin made its all time high in the month of February 2021 where it reached an enormous amount of $2.8807. Afterwards the market is balancing out the move which made that all

Dogecoin – the meme crypto – has pioneered a new class of cryptocurrencies. With the unwavering support of Elon Musk, Dogecoin reached to unparalleled heights and became an internet sensation. The hype led to the development of the crypto segment with other competitors jumping in the market – namely, Shiba Inu. Shiba Inu was launched in August 2020 and regarded as “The Doge Killer” by its fan following. However, the Doge Killer is facing the strong competition of its own – and not from the Doge. The competition in the cryptocurrency market is brutal with new projects and cryptocurrencies going

We have heard about projects that have video streaming services, we have heard about projects dwelling into the game industry. Some have entered the art industry but what about music? This is where Audius comes in. Audius is a decentralized music streaming and sharing project that allows the creators and listeners freedom to monetize, listen and distribute the content. The project has grown a lot since its start and now boast a huge number of users both creators and listeners. According to the whitepaper the ecosystem comprises of the following: An ecosystem powered by AUDIO, artist tokens and stablecoins A

Quite a popular belief among the masses specially who are new to the field and industry of cryptocurrency is the fact that everything is anonymous and the transactions cannot be found and linked to its users. This idea has been bought by many people and believe it until they become a part of the community itself. Every user has an address and those addresses are used to send or receive cryptocurrency i.e. carry out transactions. These addresses are unique to each user. The transaction details are available to the public through different websites like bscscan and etherscan that list the

Waves is currently ranked at number 53 according to coin market cap data. The daily volume at the time of writing is almost $88,797,337 with a decrease of almost 48.97% within the last 24hours. It has a circulating supply of 106,302,640 WAVES coins. The coin had created its All Time High on 4th May 2021 and reached a price of almost $41.86 before falling down to a price of almost $11.69 by losing almost 75% of its value. At the time of writing this article, WAVES is being traded at a price of $23.45 The price has dropped almost 16.71%

At the time of writing RUNE stands at a price of $6.46 with a decrease of 4.13% in a single day. Higher time frames like most of the coins, rune has a decrease of almost 34.45% in a month. Rune had achieved its all-time high at a price of almost $21.280 in May 2021. Rune on coinmarketcap is listed at 66th rank. The daily trading volume is around $52,096,082 with a decrease of 13.11% in the last 24 hours Technical Analysis – RUNE The overall market on the weekly is bullish now. Recently it has completed a correction wave of