One of the most anticipated projects of 2021, Polkadex, announced its Initial DEX Offering in partnership with Polkastarter launchpad. A non-custodial high-frequency trading decentralised exchange Polkadex is getting ready for its upcoming IDO on Polkastarter. Polkadex is creating a superior decentralised exchange that will disrupt the current status quo of cryptocurrency trading both for professional…
Tortola, BVI, 13th April, 2021, Chainwire With the tailwinds of a fresh $2.2 million fundraising at its back, Don-Key aims to become the eToro of DeFi by building a comprehensive social platform for yield farming designed to improve accessibility and magnify yield farmers’ potential. Platform Designed To Attract Capital By Easing Entry For Newcomers Decentralized…
Binance, the global blockchain company behind the world’s largest digital asset exchange, today announces the launch of zero commission tradable stock tokens to broaden access across traditional capital and cryptocurrency in cooperation with CM-Equity AG, a licensed investment firm in Germany, and Swiss-based Digital Assets AG, an asset tokenization platform. Each digital token represents one share of equity stock and is fully backed by a depository portfolio of underlying securities that represents the outstanding tokens. Users will be able to trade fractional tokens.
Ta’ Xbiex, Malta, 12th April, 2021, Virtue Poker, a multi-chain, Ethereum-based decentralized poker platform, has now announced it has closed on a strategic investment round of $5 million. The company was part of Coinlist’s Seed Winter 2021 Batch and has received funding from strategic investors, including Joseph Lubin’s Consensys, DFG Group, Pantera Capital, Jez San…
As we move into Q2, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Bitcoin and ETH both are at dominating the market in the term of the price increase. Bitcoin has been the favorite virtual currency of all time and ETH comes next to bitcoin. Although there are several factors that differentiate bitcoin from ETH, one thing is common between these two virtual currencies and that is the pace at which prices are increasing. At the start of 2021, bitcoin price rose by more than 40% and ETH more than 20%.
Previously, the forex and stock market were the only two financial markets that dominated digital trading. Investors have been investing millions of dollars in stocks, expecting high returns. Recently, the stock market had many setbacks in the last two years, and many investors failed to gain expected returns. Due to the COVID-19, the stock market was adversely affected, and so was the forex market, but what kept surging in such a period of crisis was the virtual currency market.
The first three months of 2021 reported massive surges in the price of Bitcoin, which has successfully become the talk of the town, registering an all-time record high of over $60,000 in early March. While its value plunged, it seems to be gaining momentum again. However, every time the price of Bitcoin or any other cryptocurrency for matter surges, investors and critics are often quick to draw parallels to the infamous 2017 bull run.
The world of cryptocurrency, especially Bitcoin, is brimming with an aura of surprise and ambiguity. Hence, when the news of Tesla buying USD 1.5 Billion worth of Bitcoin came out, it virtually shook the tech-universe prominently. Due to such a massive announcement, the market of this particular cryptocurrency rose above the mark of USD 47,000 overnight in the USA. Conversely, in Asia, the growth rate was almost around 6.3% as a whole. The organization had also offered a notification that it will accept Bitcoin as a payment method as well.