After a community vote earlier this month, dYdX protocol version 5.0.0 was released, introducing several new features including support for Isolated Margin, Isolated Markets, and Raydium Markets.Isolated margin differs from the traditional collateral pool model by allowing traders to allocate collateral to specific transactions rather than exposing funds to price fluctuations across multiple transactions.Charles d’Haussy, CEO of the dYdX Foundation, highlighted the benefits of segregating collateral and ensuring each collateral pool has dedicated insurance. “Isolated Margin introduces the option for traders to trade in isolated positions on any market,” the CEO explained in his statement to Cointelegraph. The executive continued:“Traders…
Author: Crypto Flexs
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However, TRUMP token marketing director Stephen Steel told CoinDesk in a Telegram message that he applied to list the token on Kraken, one of the oldest and largest exchanges in the U.S., in mid-May, but received no response. A Kraken spokesperson had no comment.
BlockDAG is making significant progress in the cryptocurrency market with support from top cryptocurrency influencers. This has piqued investor interest, which is evident in the Batch 18 pre-sale. The price of the coin soared to $0.0122, up 1120% from the initial batch 1 price, raising $51.4 million. This success also boosted X100 miner sales, with 7,200 units sold, generating $3.1 million. Additionally, Bitcoin Cash (BCH) rose 2% following the release of Roger Ver, reflecting his influence on the cryptocurrency. Kaspa (KAS) is also showing potential, with analysts predicting significant price growth due to its unique codebase and scalability. Investing in…
Introduction to Ordinals In this article, we’ll explore how Ordinals are used in the Bitcoin ecosystem to create a new type of NFT. Our intention is to provide practical information for creators, collectors, and all marketplace participants interested in engaging with Ordinals on Bitcoin.We’ll start with a high-level explanation of Ordinals and NFTs on Bitcoin, highlighting their characteristics and potential uses. Then we’ll delve into BRC-20, the token standard for these digital artifacts, and how it differs from tokens on other blockchains. We’ll touch on some controversies. And lastly, we’ll review a few important considerations for protection and inheritance in…
Bitcoin NFT Surpasses Ronin in Sales VolumeRemarkably, sales of Bitcoin-based non-fungible tokens (NFTs) have skyrocketed over the past 30 days, reaching a staggering $148 million and surpassing previous records on the Ronin blockchain. This surge puts Bitcoin NFTs just behind leader Ethereum with $157 million in trading volume and ahead of Solana’s $77 million. Despite these achievements, the NFT market has suffered a significant downturn, with sales falling 40% across the top three chains, as reported by CryptoSlam.The altcoin market is bleeding amid an inexplicable economic downturn.The cryptocurrency market witnessed a dramatic decline, painting the charts red, with several altcoins…
Token Project • June 18, 2024 6:23 PM EDT Posted 1 minute ago In ~ Proposed by Arkham Intelligence. $150,000 to anyone who can clearly prove who created it. Solana with Donald Trump theme token.”Damn, we play. $150,000 to the first person to positively prove the identity of the creator $DJT,” Arkham Intelligence posted to X on Tuesday.This morning, the DJT token began to rise sharply due to unfounded reports that the former US president had launched the DJT token. According to GeckoTerminal, the token has risen more than 300% in the past 24 hours, hitting $0.02185 as of 5:31…
Despite choppy price action, unrealized profits for Bitcoin (BTC) investors remain constructive. However, according to Glassnode Insights, as the balance between demand and sell-side forces becomes more established, volume on all market sides is declining noticeably.Market profitability remains robustSideways price movements tend to reflect investor boredom and apathy, which appears to be the dominant reaction across all Bitcoin markets. BTC price is consolidating within a firm trading range. Investors are generally well-positioned, with over 87% of circulating supply retained at profit and cost basis below spot prices.Using the MVRV indicator, the average coin holds unrealized…
Bitcoin (BTC) has failed to regain $65,000 since the Wall Street open on June 18, as analysts predict further declines in the BTC price.BTC/USD 1-hour chart. Source: TradingViewThe moving average was broken as BTC price fell below $65,000.Data from Cointelegraph Markets Pro and TradingView shows that BTC/USD is struggling to maintain support near key trend lines.Bitcoin (BTC) fell another 3% on the day, continuing its downward trend that has now resulted in losses of up to $7,900 since it began on June 9.With various levels of support currently in the spotlight, market participants are beginning to warn that many of…
June 18th Bitfinex was the first to list LayerZero’s native token, ZRO. Posted at 14:24h From media materials Leah Rodriguez LORD TOWN, British Virgin Islands – June 18, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list its native token, ZRO. Announced. LayerZero’s. LayerZero is a leading cross-chain protocol that facilitates the seamless interaction of decentralized applications across multiple blockchains. LayerZero works to improve blockchain interoperability, allowing developers to create more diverse and efficient applications. With the introduction of the ZRO token, LayerZero aims to further…
Uniswap has generated more than double the fees compared to other decentralized exchanges (DEXs) in the past 30 days, according to the latest data from Token Terminal. With nearly $100 million in fees last month, Uniswap DAO ranks highest among the top 20 DEXes. According to on-chain data, Uniswap DAO registered more during this period than the next four decentralized exchanges combined. Uniswap beats DEX with 30-day fees. As of June 18, Uniswap DAO accounted for more creation fees than PancakeSwap, Aerodrome, Uniswap Labs, and GMX combined. PancakeSwap and Aerodrome are both expected to top $20 million in June, while…