MUFEX, the decentralized exchange (DEX) founded by industry veterans, is making waves in the DeFi space by providing a trading experience that closely resembles centralized exchanges (CEX) while leveraging the benefits of decentralization. With lightning-fast order processing and a diverse range of order types, MUFEX is rapidly emerging as the go-to platform for CEX users seeking a seamless transition to decentralized trading. MUFEX's professional yet easy-to-use interface sets it apart from other DEX platforms. It introduces innovative features such as…
Financial Crisis
Afghanistan Financial Crisis’ Solution Lies in Cryptocurrency, Suggests Mike Novogratz
Crypto advocates Mike Novogratz and Charles Hoskinson believe that cryptocurrencies could have eased the financial crisis in Afghanistan. After the Taliban invasion, locals and foreigners attempted to exit the country only to find their accounts under Taliban control. The situation proved that safe banking control and central governments take away financial freedom. Novogratz, in a recent investor call, warned of a foreseen wealth confiscation. He offered Bitcoin as a solution considering its decentralized nature. Charles Hoskinson also called an end…
2 years ago 731 views
Bitcoin: The Only BulletProof Asset Flourishing Amid Disasters
Is Bitcoin a financial haven in times of crisis? In times of disasters or financial crises, stock prices fall, interest rates decline, and debt amounts. Investors often scramble to safety by looking up to "safe haven" assets such as gold to hedge their portfolios' value. Cryptocurrency investors view Bitcoin as the digital gold providing a reliable fallback in times of crisis. As the COVID-19 continues ravishing the world's economy, many economists believe that a recession is imminent. Several economists believe…
3 years ago 657 views
WMA: Bitcoin price stabilizes, Binance buys CoinMarketCap and altcoins surge
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 $191 billion. Bitcoin price finally ends the week in the green. Ethereum value increases by 15% in total more than the previous week. XRP rises to $0.18 and continues its steady ascension Binance has acquired CoinMarketCap, the biggest crypto data aggregator. Most of the top-20 altcoins trade in green throughout the week COVID-19 has…
3 years ago 707 views
Binance CEO, CZ, Views The Current Financial System as Broken
Changpeng Zhao (CZ), the CEO of Binance was quoted saying that the current global financial system is broken. He believes Bitcoin and other crypto are the solution to this global problem. CZ notes the corporate culture which gang presses CEOs to pursue short-term objectives instead of lasting solutions. His blog post views investors as part of the cause, vaunting CEOs who can push up stock prices and make good profits every quarter. He thinks investors should rather praise their CEO…
3 years ago 620 views