Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
AMM
Introducing Jetfuel: Its AMM Now Providing Services on Polygon
Jetfuel is a decentralized finance network initially launched on the Binance Smart Chain (BSC) to provide a vast array of farming and DeFi-related passive income-earning opportunities. Generally, Jetfuel can be described as a one-stop shop for all DeFi services since it connects many services on one dashboard. According to their white paper, their decision to pick BSC was because this blockchain is a complete match for the requirements and services they aim to provide. Jetfuel comes with three major sub…
4 years ago
Automated Market Makers (AMM) – Everything You Need to Know
Investors are seemingly flooding the world of digital currencies, with the number of cryptocurrencies in the market today exceeding the 22000 mark. As more digital currencies emerge, it becomes imperative to establish exchange ecosystems. For a long time, individuals have relied on centralized exchanges to swap their digital assets because of their vast amount of liquidity. However, despite the liquidity levels and ease of accessibility, centralized exchanges have become insecure as people incur financial losses. Therefore, the focus is shifting towards…
5 years ago