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…
Crypto Exchange
Bitget Exchange Review: Is it Really Easy to Get, Easy to Exchange?
Singapore is one of the leading countries when it comes to cryptocurrency adoption. As such, it is no surprise that the country is home to several trading exchange platforms. Bitget.com is one such exchange that has its headquarters in Singapore. However, the digital asset trading platform serves users across the world. Like any other trading platform, it is necessary to get into the full details before joining Bitget.com. For this reason, we went into all the trouble to provide a…
5 years ago
Binance to Soon Delist all FXT Leveraged Tokens
Binance, one of the most popular crypto exchange networks, recently announced a possible delisting of all FXT leverage tokens, including their pairs. The FXT leverage tokens are just a recent addition in Binance, but now Binance, citing complexity, decided to remove the token. The delisting of the FXT leverage tokens will start precisely on 31st March at 10:00 a.m. All users got the freedom to trade out their tokens 2 hours before this announcement. The platform will refund all holders…
5 years ago
The Importance of Swap Services in the Crypto Space
Crypto Swap services present an efficient and cumbersome-free way of swapping crypto based on different blockchain networks. Without these services, crypto traders would have to create an exchange, sign in and place an order whenever they want to switch cryptos. This would have been an incredibly inept process, let alone the time spent swapping crypto. In addition, traders would be required to create multiple accounts and go through the verification and security procedures before being granted the go-ahead to transact on…
5 years ago
Binance and Brave Partner to Facilitate Private Crypto Trading in Web Browser
The blockchain-based web browser Brave signed a new partnership with cryptocurrency exchange Binance, allowing its users to trade directly on Binance. Recently Brave launched its cryptocurrency, known as the Basic Attention Token (BAT). The partnership made BAT jump over 13% on the day while BNB traded in fiat. Brave integrated Binance API to enable users to get seamless and instant access to the Binance account, buy, sell and receive cryptocurrencies supported by the exchange right from the new tab page…
5 years ago
Bitfinex Launches Shimmer, Its Own Trade Surveillance System
Bitfinex, a major digital currency exchange, announced on Tuesday the deployment of Shimmer, a proprietary surveillance tool to combat market abuse on the crypto trading and promote orderly trading. Bitfinex is a popular crypto trading platform for integrating the latest innovative tech to deliver high-performance trading solutions to its users. Paolo Ardoino, CTO at Bitfinex, said on Twitter that Bitfinex has chosen to develop its state-of-the-art surveillance system to meet the complex demand of an evolving digital asset class and…
5 years ago
How to Make Money with DeFi OTC
There has been a recent surge in products and platforms providing DeFi services. Decentralized Finance, commonly referred to as DeFi, denotes any financial service offered on a blockchain, usually Ethereum smart contracts. An example of DeFi services and solutions is Over-the-Counter (OTC) cryptocurrency, which has witnessed enormous growth marked by a substantial increase in volume and clients across the globe in the past three years. Bloomberg's recent report established that OTC turnover in 2018 amounted to more than 5.47 trillion…
5 years ago
ShapeShift Exchange Review: Fees, Security and Usability
Cryptocurrency exchanges are marketplaces for crypto traders and investors. Like the regular market, exchanges must be organized and well-designed to navigate easily when conducting their businesses/transactions. In that array, one of the most popular instant cryptocurrency exchanges that have caught the attention of most crypto experts is ShapeShift. In this review, we will delve deeper into ShapeShift, looking at its usability, coins offered, transaction fees, security, as well as the pros and cons of the exchange. ShapeShift: Overview ShapeShift is an…
5 years ago
Huobi Derivative Platform Launches Liquidation Mechanism
Huobi DM, the futures trading platform of Huobi exchange has recently announced the launch of a new liquidation mechanism to systematically minimize user exposure should prices become too volatile. The platform is introducing these new measures to provide users with a safe, secure and reliable trading experience. In order to help users hedge against liquidation risks, the derivatives platform now provides partial liquidation. This new mechanism gradually reduces a user’s positions, instead of fully liquidating them in a single event.…
5 years ago
Coinbase Card Now Directly Linkable with Google Pay to Spend Crypto
An announcement on March 17th stated that Coinbase card users can now add it directly to their Google Pay wallets. The exchange's card is a Visa debit card funded with crypto, enabling users to spend directly from their Coinbase accounts. Google Pay gives the exchange's card customers a fast, secure way to buy items using their smartphones. Additionally, the Google Pay app enables Android users to purchase things using their crypto balance in the safest way possible. Coinbase claims to…
5 years ago