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…
DEX
DexCheck: Giving Investors access to reliable data across DEXes and the NFT Market
The last leg of the bull run in 2021 led to an unprecedented rise in trading volumes on DEXs and increased investments into NFTs. Nevertheless, many retail investors did not make the most of the opportunity, as it has become increasingly challenging to surface the signal from the noise in the industry due to fragmented market data. On the flip side, we witnessed whales cashing out mouth-watering figures as profits from their investments. This unfair advantage comes from how they…
3 years ago
The Complicated Launch of New Cardano-Based DEX SundaeSwap
After a long wait, many Cardano blockchain supporters saw SundaeSwap launch on the market a few days ago. This decentralized exchange (DEX) is the first experiment on the entire Cardano network. However, as we will see in this article, SundaeSwap has disappointed the first expectations of the market. Therefore, this article will analyze the SundaeSwap initiative and its initial problems that made traders nervous. Beyond these complaints, we will look beyond this initial DEX stop. In particular, we will propose…
3 years ago
Decentralized Exchanges 2023: Which is the Best Crypto DEX to Trade on?
Market experts believe that the survival and growth of crypto largely depend on decentralization. The good news is that decentralized exchanges, or DEXs, have become highly popular, and the crypto market sees this as an opportunity to save the essence of traditional blockchain. Each decentralized exchange platform has the potential to revive and thrive crypto market. Moreover, each new DEX platform comes with its own set of features. There are several methods to use DEXs and make money. Decentralized exchange…
3 years ago
The 1Inch Limit Order Protocol’s Total Trading Volume Hits $1B
In a recent tweet today, 1Inch revealed the total trading volume of its limit order protocol had reached the $1B mark. The news comes after the network announced its expansion on Ethereum Scaling Solution Arbitrum to reduce transaction costs. 1Inch Displays a Huge Growth Potential In a blog post, the co-founders at 1inch, Anton Bukov, and Sergej Kunz, announced they had deployed 1Inch's Limit Order protocol to Arbitrum. The DEX aggregator has been among the most significant networks mitigating scaling challenges.…
4 years ago
LCX Partners With Polkadot to Establish New DEX Aggregator
The Liechtenstein Cryptoassets Exchange (LCX) has announced the release of Fire Salamander on Polkadot, following the integration with Uniswap. The innovative Decentralized Finance (Defi) tool is a powerful Decentralized Exchange (DEX) Aggregator aiming to ease transactions within the Defi space. The next-gen DEX aggregator will use web 3.0 technology. LCX is the first known parachain candidate managed and created directly by the core team of a centralized exchange within the Polkadot ecosystem. LCX is a fast-growing blockchain company showing their…
4 years ago
Beginner’s Guide on The Shiba Inu Coin
Cryptocurrencies are still wildly volatile. There’s probably no industry as risky as the crypto space. It’s over a decade now, and still, cryptocurrency investors warn that people should only invest what they are ready to lose. However, it’s, on the other hand, one of the most lucrative, and this brings sense to the concept of high risks promising more significant returns. The industry is currently on fire over two sets of crypto projects; NFTs and the Shiba dog-inspired coins. Well,…
4 years ago
DeFi Dark Horse: MDEX Decentralized Cryptocurrency Exchange
The rapid growth of DeFi (Decentralized Finance) has seen an increase in the demand for technical infrastructure and made the existing DeFi sector very dynamic. Most importantly, DeFi growth has brought congestion in the Ethereum blockchain resulting in an immense rise in the GAS fees and higher ETH prices. The effect has been the increased development of other chains, notably the Huobi Ecological Chain (Heco) and its platforms. One such platform built on the Heco Chain, taking the Decentralized Exchange…
4 years ago
The Best DeFi Exchanges – 2023 Edition
It's no secret that DeFi decentralized exchanges (DEX) are rising. These unique networks provide users with more security, lower fees, and limited privacy options on centralized options. In addition, deFi decentralized exchanges combine the benefits of a peer-to-peer non-custodial approach with the earning potential of DeFi (decentralized finance). For these reasons, they are now more popular than ever. If you are new to the crypto space, DEXes, or DeFi, there is a lot to unpack. These networks are often less…
4 years ago
The Bisq Exchange – An Easy to Follow Guide for New Users
The Bisq exchange was one of the first DEXs (decentralized exchanges) to enter the market. The platform facilitates crypto trading in a peer-to-peer manner and via a non-custodial protocol. According to the platform’s creator, Bisq is a code more than a company. It’s an open-source project organized as a decentralized autonomous organization (DAO) and built on top of Bitcoin's blockchain. Features of the Bisq Exchange Bisq’s coding is available on Keybase and GitHub. As one of the first successful DEXs in the market,…
4 years ago