liquidity

Layer 2 network Lumia has released a new layer 2 (L2) network for Real World Assets (RWAs). This is to improve onchain liquidity, access and enable new use cases for tokenized assets. The Lumia network is a modular L2 rollup for RWAs. This allows for the issuance of tokenized assets that represent real estate, commodities, art, equities and financial indexes. By onboarding physical assets into digital finance, Lumia is connecting the physical with the digital, making tokenized assets more accessible and…

Within the ever-evolving realm of cryptocurrencies, the liquidity of the Shiba Inu (SHIB) ecosystem is now soaring to an astounding 800 million. This spike highlights the active trading and increasing investor interest in the well-loved meme currency, paving the way for future price changes and tactical adjustments within the SHIB community. Strategic Buying Ahead Of The Burn The Shiba Inu community is getting ready for a big token burn that the market is expecting to happen soon. In anticipation of…

The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators, potentially revisiting lower price levels.  In a recent post on social media platform X (formerly Twitter), market expert Jackis highlights the bearish D1 trend indicator on the 12-hour chart, indicating the need for Bitcoin to reclaim the $64,000 zone to reverse the prevailing bearish…

Crypto analyst Zen has released a critical assessment of different scenarios to expect for the Bitcoin price in July. Bitcoin’s price performance in June has undoubtedly left many investors disappointed. This is because the cryptocurrency virtually traded on a decline throughout the month, even falling below $60,000 at some point. While the unfavorable price continues to play out, crypto analyst Zen has flagged some major liquidity pools that could determine Bitcoin’s outcome in July and the next few months in…

Fenix Finance said that it will use these funds to build a unified trading and liquidity marketplace on the Blast network, leveraging Orbs’ technology to enable seamless token swaps. Orbs’ investment will bolster its existing support for Fenix as a technology partner, facilitating the imminent deployment of the Fenix Liquidity Hub powered by Orbs L3. In a massive development, Blast liquidity market Fenix Finance has secured $300,000 in the seed investment funding round led by Layer 3 protocol Orbs. Fenix…

Dubai, UAE, June 25th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, today announced “Meme Heroes”, a continued commitment to the growth of the meme coin landscape. Building on the momentum of its Meme Innovation Campaign, BNB Chain will allocate $900,000 for liquidity pool (LP) support to foster the development and growth of high-potential meme projects within its ecosystem. This LP support is an extension of the committed $1 million, aimed at accelerating…

The post Meme Coin Liquidity EXPLOSION: Kaiko Reports $128M Surge! appeared first on Coinpedia Fintech News Trading meme coins has never been easier, thanks to liquidity levels hitting unprecedented highs. Paris-based data firm Kaiko reports that popular meme coins like DOGE, SHIB, and PEPE now have a combined liquidity of $128 million. Buckle up, because this liquidity surge is shaking things up in a big way. Read on to find out how this could impact your next meme coin move.…

The concept of liquidity takes on unique significance within the dynamic realm of cryptocurrencies. Swift conversion of assets to cash without causing substantial price fluctuations is pivotal for ensuring market stability, health, and investor trust.  Significance of Liquidity in Crypto Exchanges Price Stability Ensuring stability through high liquidity minimizes the impact of sizable buy or sell orders. This fosters an environment that attracts participants and strengthens investor confidence. Efficient Trading Increased liquidity facilitates swift trade execution at desired prices, reducing…

Crypto analyst Dippy has laid a bullish narrative for the Bitcoin future trajectory, suggesting that the flagship crypto could soon hit a new all-time high (ATH). This comes despite Bitcoin’s recent drop below $68,000.   Bitcoin Could Experience A Massive Pump Above $73,000 Dippy suggested in an X (formerly Twitter) post that Bitcoin could enjoy a price pump once it reaches the liquidity zone around $73,000. He noted that many short traders have their stop losses or liquidation levels around that…