What is Perpetual Contract? A perpetual contract is a derivation that allows traders to speculate on the price movement of an asset without really holding it themselves. As a result of its scalability, liquidity, and simplicity, it has become the most often traded crypto derivative today. Current Uses of Perpetual
Michael Saylor urges investors to be confident on BTC. BTC’s current downfall did not affect MicroStrategy drastically. MicroStrategy has other plans for collateral besides BTC. The American business intelligence technology firm, MicroStrategy has been one of the most prominent tech firms in the crypto and the Bitcoin (BTC) industry in
Binance Smart Chain (BSC), one of the lucrative blockchain technologies, runs on a proof-of-stake authority (PoSA) consensus which confers lower gas fees and faster transactions on the network. Staking is a more sustainable alternative to PoW-related mining where users earn rewards on their staked tokens. The staking protocols are evaluated
Maker is up 10.00% in the last 24 hours. BarnBridge is a project that enhances the flexibility and efficiency of DeFi. Let us look at the current top 3 coins by AltRank as per LunarCrush. Current top 10 coins by AltRank™ 1️⃣ $egld2️⃣ $mkr3️⃣ $bond4️⃣ $matic5️⃣ $jasmy6️⃣ $kasta7️⃣ $elon8️⃣ $ftt9️⃣
BTC’s liquidation in the last 24h accounts to $1.11B. Bitcoin and Ethereum crashed below 50% from their all-time high (ATH). The global crypto market witnessed a 10% drop in terms of capitalization from $1.65 trillion USD to $1.45 trillion USD in the last 24 hours. Bear markets continue to overpower
Cronos is down 6.00% in the last 24 hours. The Velas Ecosystem comprises decentralized goods built on top of its chain. Let’s look at the top three most promising cryptocurrencies for 2022. Cardano (ADA) Although Bitcoin relies on a more energy-heavy proof-of-work method, Cardano has effectively deployed a consensus mechanism
Anchor’s total UST deposits dropped from $14 billion to a little over $11 billion. Terraform Labs is responsible for the whole Terra ecosystem’s operation and power. The algorithmic stablecoin backed by the U.S. dollar, UST, will be supported by $1.5 billion in bitcoin and terraUSD from Luna Foundation Guard (LFG)
Primex Finance, a DeFi prime brokerage protocol, has announced the launch of the alpha version on its testnet. This version will let the users access and test the on-chain features of its upcoming mainnet. With this launch, the protocol progresses into its final phase of testing. Primex was founded in
BTC suffers for the fourth day straight. Drops down dead completely at $30K. Further downward trend high. The king of cryptos, the Bitcoin (BTC) yet suffers the same fate four days in a row, straight. Ever since the Federal Reserve’s decisions on taxation increase for BTC and other cryptos, ultimately
People who own XTZ may vote on Tezos developers’ ideas for protocol enhancements. STEPN makes use of a fully functional GPS system. Let us look at the top 3 projects by social activity as per CryptoDep. ⚡️TOP #NFT Projects by Social Activity9 May 2022$XTZ $GMT $CAKE $RARI $LEOS $MARVIN $FOMO
