• The collapse of the giant cryptocurrency exchange FTX has been good for industry competitors, as trading on major exchanges boomed after the incident. • According to research by Bank for International Settlements (BIS), whales on big exchanges like Binance, FTX, and Coinbase may have exited the platforms „at the expense of smaller holders“ by …
Continue reading „Whales Cash Out as Retail Investors Rush In: BIS Report“
• Convex Finance (CVX) price has slipped below $6.5 as the crypto market awaits inflation data from the U.S. Bureau of Labor Statistics; • Market participants are optimistic after Federal Reserve Chair Jerome Powell acknowledged the presence of “disinflation” in the U.S. economy; • Economists predict a 0.5% monthly rise in CPI figures, with an …
Continue reading „Convex Finance Price Slips Below $6.5 As Markets Await Inflation Data“
• Convex Finance (CVX) has seen a surge of 8.82% during the last week and 6.02% in the last 24 hours. • The long-term outlook for CVX is positive, with an expected price of $21.69 in 2024. • According to our study, Convex Finance’s average cost in April 2023 will be $11.95 and its highest …
Continue reading „CVX Price Prediction: Could CVX Reach $17.51 in 2023? Find Out Now!“
• Cardano and COTI have been partnering for over a year to develop DJED, a stablecoin. • DJED would be deployed on the mainnet for investors once the chain index syncing is complete. • The concept of over-collateralization would be used to ensure that DJED remains stable despite not being pegged to a fiat currency. …
Continue reading „Launch DJED: A Revolutionary Stablecoin to Power Crypto Transactions“