Hindenburg Research is offering a $1 million bounty for information on Tether’s reserves, with the firm stating that Tether is yet to disclose virtually anything “about its counterparties.”
Soldex is thrilled to announce that it has officially partnered with Speqto Technologies to accelerate the development of it’s decentralized exchange (DEX) solution and to build and program the A.I.-powered bots, that form part of the services offered by Soldex to the public. Speqto Technologies was selected as the vendor due to their extensive expertise in building Decentralized Exchanges (DEX) and A.I. trading bots. Soldex has confirmed that the partnership has already been finalized and that the two companies are well underway in the development process of the following features: Token Smart Contract Wallet APIs and Integrations DEX Development Staking Smart Contracts and Integrations Web Applications AI Bots implementation About Speqto Technologies Speqto Technologies Pvt Ltd. is a world-class service provider in Software technology and innovations. With over 6+ years of expertise in building safely operated and word-class Web, Mobile, CMS, CRM, ERP, Blockchain, AI & ML, IVR, VAS, and Fintech domain platforms. About Soldex Soldex is a native, scalable, and decentralized exchange, which is governed by the community and is built on Solana. However, Soldex is a first-of-its-kind base decentralized exchange (DEX), that is non-custodial, which means that, unlike centralized exchanges, Soldex.ai does not need to possess your tokens for you to be able to trade them. Instead, Soldex.ai allows users to trade in a secure and safe manner, utilizing peer-to-peer connections with liquidity that is supplied by other users. It is a third-generation crypto exchange that looks to solve the issues faced by order-matching centralized exchanges and trustless custody within current decentralized exchanges by employing advanced machine learning and neural network algorithms. Soldex Features Soldex.ai is one of the first basic decentralized exchanges (DEX) built on Solana and allows users to conduct peer-to-peer transactions in a safe and reliable manner, with liquidity provided by users. This third-generation cryptocurrency exchange will use advanced machine learning and neural network algorithms to solve the current problems faced by decentralized exchanges in order matching, centralization and trustless custody. Permissionless: Trade perpetual on any pairing. Our governance will ensure that the best trading pairs are available and that only the safest oracles are used. Efficiently Incentivized Liquidity: Liquidity pool trading is predicated on having enough assets in each pool to facilitate instant trades. Soldex addresses this requirement by incentivizing users to deposit assets and provide liquidity. Community Governance: Token holders can establish consensus by voting on governance proposals or introducing new proposals for a vote. Ecosystem Foundation Layer: Attract assets and build incentives that can empower an ecosystem of financial products. Real-Time Settlement & Light-Speed swaps: Faster and more efficient trading experience.
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Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot.
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Blockchain data platform Chainalysis has announced that it is adding bitcoin to its corporate investment portfolio. This is the company’s first acquisition of cryptocurrency, the CEO revealed. Chainalysis is valued at $4.2 billion. Chainalysis’ First Acquisition of Cryptocurrency Blockchain data analytics firm Chainalysis announced Tuesday the addition of bitcoin to its balance sheet. Chainalysis will […]
We provide over 100+ FREE crypto articles on our SubStack! 😀 (Link on our profile) TLDR: Understanding the two terms of APR and APY becomes even more important in DeFi today, as nearly all protocols with yield farming fields display these numbers. Knowing them well is not only for understanding and executing different strategies and…
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Bitcoin gained pace above the $63,000 resistance against the US Dollar. BTC is rising and it may soon clear the $65,000 resistance in the near term. Bitcoin is showing positive signs above the $61,000 and $62,500 levels. The price is now trading above $62,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $62,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend rally and it might even clear the $65,000 level in the near term. Bitcoin Price Eyes More Upsides Bitcoin price started a major increase above the $62,000 resistance zone. BTC broke the key $63,000 resistance zone and settled above the 100 hourly simple moving average. It even spiked above the $63,500 resistance and traded to a new multi-week high at $64,448. It is currently correcting lower and trading below the $64,000 level. An immediate support is near the $63,700 level. It is near the 23.6% Fib retracement level of the upward move from the $61,320 swing low to $64,448 high. There is also a key bullish trend line forming with support near $62,800 on the hourly chart of the BTC/USD pair. On the upside, an initial resistance is near the $64,000 level. The first key resistance is near the $64,250 level. Source: BTCUSD on TradingView.com A clear break above the $64,250 resistance could open the doors for more upsides. The next major resistance sits near the $65,000 level, above which the price might rise towards the $66,500 level. Any more gains could set the pace for a larger increase towards the $68,000 level. Dips Limited In BTC? If bitcoin fails to clear the $64,200 resistance zone, it could start a downside correction. An immediate support on the downside is near the $63,700 level. The first major support is now forming near the $62,850 level. It is near the 50% Fib retracement level of the upward move from the $61,320 swing low to $64,448 high. The main support is near the trend line, below which the price might decline towards the $61,000 support and the 100 hourly SMA. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is still above the 50 level. Major Support Levels – $61,850, followed by $62,500. Major Resistance Levels – $64,200, $65,500 and $66,500.
