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Discover the best crypto to hold in 2025 with Qubetics, Mantra, and Celestia. Learn which project offers the most potential for long-term growth and returns!
The post With a 699% ROI Expected – Qubetics is the Best Crypto to Hold, Alongside Mantra and Celestia in the Spotlight appeared first on Kanalcoin.
Witness Solanas trading slump and Ethereum's price woes as BlockDAG gears up for major exchange debuts and potential price surges.
The post Solana Plummets 27%, Ethereum Wobbles, BlockDAG Set for Lift-Off appeared first on Kanalcoin.
fun launches PumpSwap, a DEX on Solana with zero-fee token migrations. PumpSwap supports memecoins and partner tokens, enhancing DeFi accessibility. The launch follows Raydium’s memecoin factory, intensifying Solana DeFi competition. Pump.fun, the widely recognized memecoin launchpad on the Solana blockchain, has launched its native decentralized exchange (DEX), PumpSwap. Introducing PumpSwap, Pump’s new native DEX beginning […]
The post Pump.fun launches native DEX, PumpSwap, with zero migration fees appeared first on CoinJournal.
PancakeSwap is a decentralized exchange (DEX) built on the BNB Chain. PancakeSwap (CAKE) has dropped by 21% over the last seven days. The DEX’s core team introduced a proposal to reduce the token’s inflation rate to 3-5%. PancakeSwap’s native token, CAKE, has declined by about 21% in the last seven days and 27% in the […]
The post CAKE down 21% as PancakeSwap mulls slashing staking rewards appeared first on CoinJournal.
The United Arab Emirates (UAE) is proposing a new bill to create a decentralized economy for its free zones with
With the growth of decentralization and Web3 technology, projects like DPA Token (DPAT) can distribute ownership and governance to users around the globe allowing them in this case to have a say in what gets built in major African cities, by whom, for whom and where.
JPMorgan (NYSE: JPM) CEO Jamie Dimon has slammed cryptocurrencies, pointingly mentioning Bitcoin (BTC), as nothing but ‘decentralised Ponzi scheme.’
Dimon’s fresh criticism of crypto came during a US House Committee Oversight hearing on Wednesday.
Dimon calls Bitcoin a ‘Ponzi scheme’The JPMorgan executive, who has previously referred to Bitcoin as a “fraud,” told lawmakers that he remains sceptical about crypto and does not see how anyone can claim they are of value when billions are lost in various scams.
“I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin. They are decentralised Ponzi schemes, and the notion that it’s good for anybody is unbelievable.”
Reiterating his view, he went:
“So we sit here in this room and talk about a lot of things but two billion dollars has been lost every year, 30 billion dollars. And ransomware, AML, sex trafficking, stealing…it is dangerous.”
Dimon also talked about stablecoins and the need for proper regulation of these in the United States.
According to him, stablecoins should be regulated just as are money market funds, remarks that come as a proposed bill seeks to prohibit the issuance or creation of endogenously collateralised stablecoins. As Invezz reported late July, that bill had been delayed as Congress proceeded for recess.
JPMorgan on blockchainBut while Dimon remains overly critical of bitcoin, he acknowledged blockchain is real and does have value; as are decentralised finance (DeFi), smart contracts and ledgers among other aspects of the digital assets and emerging financial technology space.
Indeed, JPMorgan has increasingly moved towards blockchain-based implementations across its financial services and continues to invest in companies and startups using the technology.
The banking giant also has a custom blockchain and in-house token – JPM Coin, which it uses as a dollar deposit and which institutional investors can tap into for collateralised short term loans.
The post JPMorgan CEO slams crypto as ‘decentralised Ponzi schemes’ appeared first on Invezz.
You know how you purchase a car that’s a little too pricey but extremely gorgeous, so you go ahead and buy it anyway? To do so, you’ll need to take out a bank loan. You inform them they can keep the automobile title until the loan is paid off. That way, if you don’t pay […]
Decentralised exchanges (DEX’s) are platforms that offer traders an alternative to centralised exchange platforms. They are non-custodial, meaning that transactions are performed without third-party intermediaries and funds are directly transferred to user-owned wallets. Benefits of DEX’s over traditional exchanges include user anonymity, security, reduced costs, and a greater degree of integration with the world of DeFi dApps.
Here are three tokens to consider purchasing if you are interested in getting involved with the growing and popular sector of DEX’s, including the promising early-stage crypto Calyx Token (CLX).
Uniswap (UNI) Is The Largest DEX for Daily VolumeUniswap (UNI) is the token of the decentralised exchange of the same name. The exchange first launched in January 2018 and has since become the largest decentralised cryptocurrency exchange according to data from CoinMarketCap’s ‘Top Cryptocurrency Decentralised Exchanges’ as ranked by 24hr trading volume, with over $1 billion transacted daily.
The Uniswap (UNI) token has also become the largest DEX utility token and currently takes 21st place overall of all cryptocurrencies when ranked by market capitalization. With the price sitting at $6.89 in late 2020, Uniswap (UNI) has experienced a high level of volatility since it launched and has enjoyed explosive growth in the first half of 2021 reaching an all-time high of $43.16 before exhibiting negative volatility since. At the time of writing the token is valued at under $6.
Uniswap (UNI) was an investment that paid dividends to those who purchased before January 24, 2021, and sold before April 4, 2021 (almost doubling their investment).
Early-Stage DEX Calyx Token (CLX) Has The Most PotentialCalyx Token (CLX) is an ERC20 token on the Ethereum network used for utility and governance on Calyx Swap and its Calyx Token permissionless liquidity protocol. Calyx Swap is a decentralised exchange that connects liquidity providers with traders, offering unique benefits to both, as well as staking rewards for holders of Calyx Token (CLX).
Liquidity providers receive a portion of the fees paid by traders on all completed trades, this liquidity can be accessed by traders when performing atomic swaps between cryptocurrencies on CalyxSwap. These traders can use the platform to seek the best price liquidity pool for the cryptocurrency pair they are transacting.
Currently in presale, Calyx Token (CLX) is a strong prospect for investment due to the low presale token price and strong project fundamentals. Additionally, Calyx Token (CLX) is a deflationary cryptocurrency, which means that a portion of tokens is automatically “burned” from the ecosystem over time, permanently removing them from circulation. This contributes to a continued appreciation of value as scarcity increases.
PancakeSwap (CAKE) Offers Almost 4000 Swap MarketsPancakeSwap (CAKE) is just below UniSwap (UNI) on the CoinMarketCap list of top DEXs, taking second place with over $800 million in 24hr volume.
Holders can stake their PancakeSwap (CAKE) tokens to provide liquidity to the PancakeSwap decentralised exchange and earn passive income rewards. Holding PancakeSwap (CAKE) also gives access to a regular lottery event where PancakeSwap (CAKE) token prizes can be won.
PancakeSwap (CAKE) and its DEX platform has the potential to eventually overtake Uniswap, offering 3948 markets for trade compared to Uniswap’s 627, however, this depends heavily on whether the platform can accomplish sustained community growth and engagement.
Early-stage DEXs Offer Great Long Term ProspectsThe top decentralised exchanges have offered great returns for those who managed to get in early, however, their future potential is uncertain. Calyx Token (CLX) is an early-stage DEX project that offers an alternative with benefits over its centralised and decentralised competitors, and a high potential for long-term returns for early investors.
Calyx Token (CLX)
PRESALE: https://presale.calyxtoken.io/register
WEBSITE: https://calyxtoken.io
TELEGRAM: https://t.me/CALYX_TOKEN_OFFICIAL
TWITTER: https://twitter.com/CalyxToken
INSTAGRAM: https://www.instagram.com/calyx_token
Uniswap (UNI)
WEBSITE: https://uniswap.org/
TELEGRAM: https://t.me/s/uniswaplistings
TWITTER: https://twitter.com/Uniswap
PancakeSwap (CAKE)
WEBSITE: https://pancakeswap.finance/
TELEGRAM: https://t.me/pancakeswap
TWITTER: https://twitter.com/pancakeswap
INSTAGRAM: https://instagram.com/pancakeswap_official
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Information Provided Via Guest Post SubmissionContent not created, evaluated, or endorsed by Global Crypto Press
Subscribe to GCP in a readerSimilar to foreign exchange markets, where currencies are traded continuously, cryptocurrencies need their own markets for users to buy, sell and trade cryptocurrencies.
The NFT market has gained the trust of many and has become quite popular amongst social media personalities and influencers.
In an effort to boost the development of KCC’s decentralized ecosystem, KuCoin Labs announced today that it has made a strategic investment in MojitoSwap, the first DEX on the KCC chain.
DAOs or Decentralised Autonomous Organisations operate with the principle of decentralisation at their core, so in order properly understand what DAOs are and why you should care about them, we need to get comfortable with this concept first. If you’d rather watch the video I made on DAOs on decentralisation click here. What is Decentralisation? […]
The post Decentralisation and DAOs: What they are and why should you care appeared first on Automated Cryptocurrency Trading.
Bengaluru, January 20th, 2022: THORChain, a cross-chain liquidity network, has released an update for Dogecoin (DOGE) users, giving the famous meme coin a set of new decentralised finance (DeFi) capabilities. Dogecoin is now actively supported on a decentralised finance platform for the very first time. Dogecoin is a cryptocurrency that is inspired from the doge […]
Decentralized finance (DeFi) made quite a splash into the blockchain ecosystem over the past few years, breathing fresh momentum into the movement to bring financial services use cases on-chain in a decentralized format. The exciting opportunities and accompanying returns have swelled interest in the space, helping DeFi protocols amass total value locked (TVL) of over […]
On January 7, Autonomy Network, a DeFi protocol, announced the launch of a unique decentralized application (DApp) known as ‘AutoSwap’ on the Binance Smart Chain (BSC) blockchain network.
On January 7, Autonomy Network, a DeFi protocol, announced the launch of a unique decentralized application (DApp) known as ‘AutoSwap’ on the Binance Smart Chain (BSC) blockchain network.
DODO price jumped 33% after Binance announced the DODO perpetual contract. Users will access the product with up to 20x starting August 8 at 08:00 (UTC). DODO, the governance token of the decentralized exchange (DEX) platform of the same name, spiked by more than 33% on Monday morning. Within hours of an announcement from leading […]
The post DODO price jumps after Binance makes major announcement appeared first on CoinJournal.
After hearing about FTX’s financial troubles, crypto investors have lost all trust in centralized exchanges. They don’t feel comfortable leaving their crypto money in the hands of others. This lack of trust, along with worries about liquidity and safety, has caused a big increase in activity on decentralized exchanges. These exchanges allow investors to trade […]
The concept of decentralisation has an almost seductive quality. A financial world without the need for central parties is as romantic as it gets. Transactions whizzing around purely peer-to-peer. Clean efficiency, low fees and high speed, and without the need to trust. What is not to love? But as enchanting as that vision seems, making …
<p>The post Cryptocurrency is not as decentralised as it appears first appeared on CCNC | Cryptocurrency Newscast.</p>
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