Markets

On July 6-10, the record-breaking 5-day online conference in the field of blockchain technologies and business Digital Summit 2020 with more than 30  international speakers will unite at least 25 000 participants from Europe, Asia, the USA and other regions in an immersive discussion of new anti-crisis solutions in the current economic environment.The record-breaking conference Digital Summit 2020 will unite the global industry leaders and novices of the digital world and create a unique...

Six months on from the emergence of the novel coronavirus, COVID-19, the world is in an almost unrecognizable shape. The world over, ways of life, from business, to personal, public to private, have shifted in operation so dramatically that one cannot help but marvel at its enormity and sheer, brutal force. What we held sacred – those things previously-thought immovable, things like the logical behavior of pricing functions in markets like oil, or the demand for previously-assumed necessary...

The addition of a fiat gateway helps Bybit to join the elite league of derivatives exchanges that carry a fiat connection.The next Bitcoin bull run will be driven by the derivatives market. Unlike the rally of 2017, when futures options were few, today’s traders have an army of derivatives exchanges to choose from – and they’re routinely where bitcoin’s major price movements play out. Crypto exchange Bybit stepped up to the big league of derivatives players this week with the introduction of...

As coronavirus cases all over the world began to rise again, European stocks are feeling the heat and have started to fall, with many of them being afraid of increased lockdown.The global financial markets suffered a terrible fall back because of the coronavirus pandemic. Stocks crashed, several companies lost a lot of money, and had to fire a large percentage of staff. While the pandemic is still raging in many countries, these places are seeing some respite. Many countries have seen some...

Stellar lumen price is currently correcting higher above $0.0680 against the US Dollar.XLM price is facing a strong resistance near the $0.0700 region and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0695 on the 4-hours chart (data feed via Kraken).The pair could either extend its recover above $0.0700 or resume its decline below $0.0650.Stellar lumen price is struggling to gain bullish momentum above $0.0700 against the US...

Ripple price is currently correcting higher from the $0.1840 support zone against the US dollar.The price is facing a strong resistance near the $0.1900 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either rally above the $0.1920 resistance or start another downward move.Ripple price is trading in a bearish zone below the $0.1920...

The sudden jump of total value locked on the DeFi platform Compound has caused a flippening event in the decentralized finance sector. The TVL on Compound surpassed MakerDao’s as of yesterday, and the gap continues expanding today.Compound Overtakes MakerDAOMakerDAO has been the predominant force for total value locked for years, according to data from the DeFi monitoring resource – DeFi Pulse. Its influence over the entire marker was so unambiguous that the website tracked “Maker Dominance,”...

Bitcoin is going through a strange time. As this article is being put out, the world’s number one digital currency by market cap has dropped into the $9,200 spot, meaning it has lost about $200 from its price over the past few days, but other coins – altcoins like Compound – are booming, and reserving places for themselves in the top regions of the crypto market.Compound Is Surging Like No Other CoinAt the time of writing, the Compound token has spiked by more than 250 percent, which means...

Binance is currently the world’s leading cryptocurrency exchange by means of the trading volume. Launched in 2017, the company has managed to become a standard in the industry quickly.Despite its fast phase growing, the giant exchange launched Binance Futures, the cryptocurrency derivatives trading platform of Binance, only in September 2019. Binance Futures allows users to trade Bitcoin and leading altcoins with leverage as high as 125x.In the months following the launch, Binance Futures...

Vitalik Buterin, the co-founder of Ethereum, has recently stated that interest rates on decentralized finance protocols that are significantly higher compared to those in traditional finance come with unstated risks attached.Vitalik Buterin on High DeFi Interest RatesThe co-founder of Ethereum and one of the most prominent members of the cryptocurrency community, Vitalik Buterin, recently took it to Twitter to comment on high yields and interest rates associated with Decentralized Finance...