DEX tokens have outperformed their centralized counterparts by 5X this year, with an average increase of 240% according to Messari. Decentralized exchange (DEX) tokens’ year-to-date returns are more than five times that of their centralized counterparts according to the latest DeFi report by cryptocurrency research platform Messari. DEX tokens have increased on average 241% so […]
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Galaxy Digital’s trading engine will be paired with Bakkt’s custody services in a collaborative effort to meet institutional demand for Bitcoin. The Intercontinental Exchange’s digital asset custody and derivatives platform Bakkt has partnered with crypto asset manager Galaxy Digital to launch a ‘white glove’ service for institutions seeking Bitcoin (BTC) exposure. The collaboration will see […]
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Overstock’s shares are up 8% following the announcement of record activity on its tZERO security token exchange. Overstock’s shares have jumped by 8% following the release of new data regarding user and trading activity on the company’s tZERO alternative trading system (ATS) for security tokens. An announcement published by tZERO on June 10 noted that […]
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Bitcoin price rejected above $10,000 for the third time in a month, showing the multi-year resistance level remains a challenge for bulls to overcome. Within the last hour Bitcoin (BTC) price rose to $10,180 on BitMEX before quickly reversing to $9,600. The quick rejection means that for the third time in 30 days Bitcoin price […]
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Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community. For reasons of vanity as well as for those of industry health, it’s important to have a good method for ranking crypto exchanges and coins. But as the past few years have shown, no foolproof method […]
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The Kava decentralized finance project has launched on the Cosmos blockchain, giving users the ability to put BNB for collateral to receive its stablecoin, USDX. The Kava decentralized finance (DeFi) protocol officially launched on Cosmos (ATOM) mainnet, with an initial onboarding of Binance Coin (BNB) as a collateral form. Kava works in a similar way […]
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Here’s how the crypto derivatives market compares to the traditional derivatives one. Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such […]
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MKR is up 30% in 24 hours following the MakerDAO community’s vote in favor of introducing tokenized “real-world” assets as collateral for Dai loans. The price of MakerDAO (MKR) has rallied by roughly 30% over the past 24 hours, posting a new year-to-date high above $720 on some exchanges. The rally follows a late May […]
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Less than three months after its ‘digital dividend’ airdrop, Overstock’s OSTKO is dominating the security token rankings for both market cap and volume. Since airdropping to Overstock shareholders on May 19, Overstock’s OSTKO token has firmly established itself as the leading security token by trade volume. OSTKO currently posts double the 24-hour trade of volume […]
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The community is taking issue with the fact that BitMEX is ranked 175th by CoinMarketCap, but other derivatives platforms are not properly ranked as well. Following the latest CoinMarketCap update which introduced the “Confidence factor” to rank exchanges, users are taking issues at perceived injustices against popular platforms. A pseudonymous Twitter user going by the […]
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