The decentralized finance (DeFi) sector is rapidly growing but still faces significant challenges. For example, one of the biggest issues DeFi must address is Impermanent Loss (IL). This is a problem that can have serious consequences for liquidity providers. Today's review will examine how SMARDEX intends to solve the IL problem and end liquidity providers' unjust losses. We'll also look at all the services that SMARDEX offers and examine the project's tokenomics. What Is SMARDEX? SMARDEX is a project intending…
Altcoin
Drivechain: The Bitcoin Upgrade to End All Altcoins?
Bitcoin, the world’s first cryptocurrency, regularly faces criticism for having ‘outdated’ tech and a tendency to evolve slowly relative to the rest of crypto. This leaves altcoin projects looking to build on Satoshi’s original invention room to differentiate and compete through added features, such as faster throughput, smart contracts, and tokenization. However, a hotly-debated Bitcoin upgrade called “Drivechain” seeks to introduce these benefits to Bitcoin by opening up its development possibilities in one fell swoop. So what is Drivechain, its…
2 months ago 2.3 k views
Bitcoin Surges Above $40k as Altcoins Make Big Gains
Bitcoin price rises past $40,000 after weeks of downhill movement since the start of the year. The crypto market responds well to fear of incompatible monetary policies. Ethereum, Solana, and other altcoins have likewise followed the uptrend, recording significant gains. Bitcoin Breaks 40k for the First Time in Weeks Bitcoin has made a significant recovery to $40,000, going up at least 11% in the past 24 hours. Over the last six months, the asset experienced a massive price crash. For…
1 year ago 1.2 k views
Top 10 Cryptocurrencies in January 2022
Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…
1 year ago 2 k views
How to Pick the Winning Altcoin to Trade
Since 2017, Bitcoin has inspired the development of a myriad of altcoins. Thousands of Bitcoin investors saturated the market four years ago, creating a need to diversify the crypto space. In return, this led to the creation of alternative coins to BTC, including Cardano (ADA), Chainlink (LINK), and Polkadot (DOT). Although they do not share Bitcoin's fame, they have gained their share of fame over the years. Also, many have surged from just a few cents to hundreds of dollars.…
1 year ago 725 views
WMA: Bitcoin and the Altcoins Suffer Small Losses during Dull Week
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,400 trillion. Bitcoin is down by more than 5% after a mildly fluctuating week. Ethereum has decreased by over 9% over the past seven days. XRP records a 10% value loss over the week. Dogecoin, Polkadot, and Cardano have registered small value drops in the past week. The DeFi sector gained almost $1 billion…
2 years ago 593 views
WMA: Bitcoin Still Struggling while Altcoins Are on the Rise
Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,375 trillion. Bitcoin calls it even with a measly 0.4% loss in value over the week. Ethereum is up by 28% after setting yet a new ATH. XRP is down by almost 7% after a rough week. Binance Coin increased by more than 5% throughout the week. The DeFi sector added more than $16billion…
2 years ago 577 views
Dogecoin (Doge) Price Dumps By 50% After Bullish Rally
After experiencing an unprecedented bullish rally in the past 24 hours, Meme coin Dogecoin has experienced a steep dip. The altcoin is currently down by about 50% in the past 24 hours of trading. 50% Price Dump Follows Bullish Rally Dogecoin (DOGE) bullish rally had caught many off guards and was largely the result of the anti-establishment sentiments. Several members of Wall Street Bets had led calls to purchase the meme coin. This was followed by an endorsement by popular…
2 years ago 721 views
Crypto Market Recovers as Doge and Aave Make Big Gains
After a few days of bearish trend, the crypto market has rebounded in the past 24 hours of trading. This upsurge in price movement sees most of the top coins trading in green with a few in double digits profits. Bitcoin recovers towards $32,000 Bitcoin has not enjoyed the best of weeks as the leading coin is on a bearish trend. The price of BTC has struggled to make significant gains since it surpassed the $40,000 mark two weeks ago.…
2 years ago 640 views
Ethereum (ETH) Hits All-Time High As Bullish Sentiments Reach Record Levels
Ether (ETH) has achieved a new milestone surpassing its all-time high of $1,450 in the early hours of today. Ethereum (ETH) has shown bullish signs, and the current market sentiments for the leading altcoin are at record levels. Ether (ETH) Creates New All-time High Ethereum had been trying to surpass the $1,450 mark for several failed attempts for the past few weeks. The weekend saw little changes, with a slight correction occurring, leading the altcoin towards the $1,100 support levels.…
2 years ago 621 views