Monthly Archives: August 2021

As the decentralized finance segment continues to gain steam despite an overall slump in the crypto space, decentralized exchanges (DEXs) and aggregation services have recently shown sustainable growth. Meanwhile, within the DEX segment, aggregation services have made remarkable progress.DeFi still running strongWhen Bitcoin’s (BTC) exchange rate dropped dramatically in May, some observers feared it could…

Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. 815 Total views 5 Total shares U.S. Department of the Treasury will reportedly push to extend the reach of new rules designed to govern the cryptocurrency space. Closely following the infrastructure package freighted with last-minute crypto…

Exponential monthly growth in demand should propel Bitcoin to $100,000 by the end of 2021, according to the CEO of SkyBridge Capital, Anthony Scaramucci. 1798 Total views 32 Total shares Anthony Scaramucci, CEO and founder of SkyBridge Capital, thinks Bitcoin (BTC) can reach $100,000 before the end of the year, mainly due to the exponential…

Syndicate’s vision for decentralized autonomous organizations was one of the biggest selling points for Andreessen Horowitz. 151 Total views 64 Total shares California-based venture fund Andreessen Horowitz announced Tuesday that it is leading a Series A investment round for Syndicate, a decentralized platform with a lofty vision to democratize investing by allowing users to create…

Ethereum's native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern.Dubbed a "symmetrical triangle," the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of…

Decentralized exchange aggregator 1inch has been integrated into the crypto wallet app BitPay, enabling users to access its rates for their crypto swaps. 374 Total views 8 Total shares 1inch Network, a major decentralized exchange (DEX) aggregator and automated market maker, is broadening its reach by partnering with the veteran crypto wallet provider BitPay. The two…

FTX.US acquires LedgerX for an undisclosed amount to dive into Bitcoin and Ether futures trading. 850 Total views 8 Total shares FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount.FTX.US’ owner, West Realm Shire Services, announced on Tuesday that the company had executed a sale-and-purchase…