In this period of uncertainty in the crypto markets, there are many very different Bitcoin price predictions circulating.. Uncertainties about the future of the price of Bitcoin There are usually very few very bulls among them in the short term, while there are still a few in the long term. Instead, there are several bears, especially in the short term. It’s important to note that when looking at Bitcoin’s past cycles, we’re in the fourth right now, after the post-halving bull run, there’s always been about two year bear market, during which the price fell to a level 85% below…
Author: Farwa Raza
In today’s market, many trading platforms, including major exchanges like Binance, Huobi, Bybit, and KuCoin, have introduced futures contracts. Huobi has extensive experience in futures and offers a wide range of both linear and inverse contract markets. However, its market share has fallen considerably and the platform’s user traffic is also going downhill. Bybit and Binance are professional trading platforms. futures trading that require a high threshold. The bad news is that FCA banned Bybit from the UK, while Binance has suffered several security breaches. beginners in the futures trading they should avoid trading platforms focused solely on professionals with…
The decentralized finance (DeFi) they refer to a financial system that merges the services provided by traditional banks with next-generation technologies such as blockchain and cryptocurrencies. With these unique foundations, DeFi can meet the needs of businesses and consumers, giving them access to loans, checking and savings accounts, trading, interest generation and more, all without the involvement of a centralized third party. The popularity of DeFi has grown up quickly and today it offers rival services in almost every facet of the traditional banking sector. One of the reasons for this is that DeFi is helping people living in remote…
USDC and USDT are the two main stablecoins available in the crypto markets today. Both are 100% guaranteed in US dollars and they are convertibles on a par, but they have different stories behind them. The main differences emerge precisely when comparing their evolutions. The history of USDC and USDT The first to emerge was the USDT, or Tether dollar. In January 2012, J. R. Willett published online a first technical document that hypothesized the creation of new currencies in the bitcoin protocol. From this idea the cryptocurrency Mastercoin was born, which was not very successful. At that time, crypto…
The CEO of The Sandbox, Mathieu Nouzareth, explained his point of view on the metaverse and how it is not affected by the bear market that cryptocurrencies are going through.. Not only that, even the CEO of Meta Platform, mark zuckerbergsaid foresees a billion people earning hundreds of dollars in the new dimension. The CEO of The Sandbox explains how the cryptocurrency bear market does not affect the metaverse New partnership to bring TIME Square to The Sandbox metaverse According to reportsthe CEO of The Sandbox, Mathieu Nouzareth, explained his point of view on the metaverse and how the bear…
PrimeXBT has turned out to be one of the platforms with the highest levels of adoption in recent years and has been characterized by carrying out a large number of competitions to test users’ trading skills. On this occasion, an important tournament will be held offering considerable sums of money and unexpected prizes that exceed $1 thousand dollars. If you want to know what these prizes are and how to participate, stay until the end! What is Prime XBT? PrimeXBT is a fairly complete trading platform that provides access to various financial markets, currencies, commodities, stock indices and the cryptocurrency…
The development team behind the hard fork Vasil for the Cardano network has published a blog post about the upgrade. According to input out global (IOHK), the Vasil update will no longer be carried out this month. Rather, it has been rescheduled for next month. According to the blog post on the matter, the team decided to postpone the update during last Friday’s evaluation call. On Monday, the team took stock of their progress so far regarding the update. However, it discovered as many as seven errors after testing. Although the team of Cardan (ADA) declared that the errors were…
In a bear market has placed Bitcoin below $ 18 thousand dollarsFew could imagine that a cryptocurrency has presented exponential growth and has become so attractive to investors, driving its price to levels only seen at the beginning of the year for this digital asset. Synthetix is not only surviving the sharp drop in the market, but it is also the fastest growing cryptocurrency in recent days. For what reason does this cryptocurrency not seem to be affected by the fall of Bitcoin and what makes it possible for it to continue its own upward path in such hostile market…
Babel Finance, a Hong Kong crypto financial services provider, joins the list of companies struggling to weather the current bear market. The company announced a temporary suspension and redemption of digital assets on Friday. Why Babel is suspending withdrawals The company is greatly affected by the current bearish conditions in the crypto market. Therefore, it has had trouble paying its investors. Babel Finance joins the list of crypto lending firms struggling to cope with the chaos in the cryptocurrency market. According to various media outlets, the digital asset lender claimed that it is experiencing “unusual liquidity pressure”. Therefore, he had…
USDD, the algorithmic stablecoin on Tron, received an additional 300 million USDC to use as reserves. The $300 million in USDC was added to the USDD reserves In the last days, USDD it has lost parity with the US dollar due to fears that it could implode like UST did in May. Algorithmic stablecoins are always at risk of not having enough hedges to maintain their value, due to the potential sharp loss in value of reserves. This is exactly what happened to UST, as most of the reserves were in LUNA, and the value of LUNA imploded. That is…