BTC usecase
submitted by /u/buzzbooz [link] [comments]
submitted by /u/buzzbooz [link] [comments]
submitted by /u/Solodeji [link] [comments]
According to information on the Choise.com website, after successfully completing token sale rounds, the company will proceed to the TGE (token generation event) stage. Listing of the CHO token is planned on the leading DEX exchanges: UniSwap and Raydium. The company confirmed this information, specifying that the listing will happen on June 7. From January 2022 onward, several rounds of sales of CHO token allocations on Crypterium, SolRazr, OccamRazer and Bitbns launchpads were successfully completed. At the end of April, the project team closed the last round by packing CHO allocations into NFT tokens. In total, more than $1.6 million worth of allocations were purchased as part of open sales. Choise.com is an out-of-the-box project for crypto users, combining all the benefits of CeFi and DeFi (centralized and decentralized finance) services into one MetaFi system. The project creates a kind of bridge between CeFi and DeFi users, which will greatly simplify the use of attractive DeFi products for millions of cryptocurrency holders, making the process simple and reliable. The project is based on Crypterium’s CeFi solutions and Charism’s DeFi protocol, which will form the basis of Choise.com’s MetaFi infrastructure. As a result, users will be able to easily buy, withdraw, exchange cryptocurrency, enjoy the benefits of cryptocurrency lending, and much more. According to company representatives, the concept of the MetaFi ecosystem has received a positive response from users and the interest is growing steadily. The current demand allows us to hope that the CHO token will take a worthy position on the leading DEX and CEX exchanges in the future. The Choise.com team already has successful projects in its background, including the Crypterium crypto banking application with over 650,000 clients in 170 countries. About Choise.com Choise.com is an innovative crypto solution that combines all the benefits of CeFi and DeFi (Centralized and Decentralized Finance) services in one system MetaFi. This bridge between CeFi and DeFi user bases will greatly simplify user exposure to DeFi products, making the process easy, reliable, and fool-proof. At the heart of Choise.com is a new, in-house DeFi ecosystem Charism, a suite of products (non-custodial wallet, cross-chain bridges, transaction builder, decentralized derivatives, and other solutions). The project was started by the Crypterium team which consists of 160+ professionals with a successful track record with CeFi products.
Dogecoin has found itself unable to rally the way it did in the first half of 2021, thus resulting in it losing most of the value generated during that time. Nevertheless, it remains mostly profitable for the majority of its investors. The meme coin which has since lost its footing above 10 cents still remains the largest meme coin and a top 10 cryptocurrency by market cap, and this translates to the profitability of the digital asset. Majority Holders In Profit Even with the digital asset having declined more than 88% since its all-time high, the majority of those who are invested in this cryptocurrency remain surprisingly in profit. This is shown by data from IntoTheBlock which revealed that 52% of all Dogecoin investors are currently in the green. Out of the almost 4 million DOGE holders, 2.05 million addresses remain firmly in the green. However, just because the majority are in the money does not mean that the number of investors incurring losses is in any way low. The total DOGE addresses in the red are 1.77 million, which make up 45.32% of the entire holder base. Only 87.73K addresses are at the money, or neutral, meaning that the current price of the digital asset coincides with the price at which they purchased their holdings. These wallets make up only 2.25% of the entire holder base. Related Reading | Cardano TVL Jumps 30% In 24 Hours As It Recovers To $155 Million There is also the correlation between when a holder purchased their tokens and whether they are currently in profit or loss. For those who had been holding coins before the Elon Musk hype began, they remain firmly in profit. Others who had gotten in a bit later after the hype had begun remain in profit. The majority of those in loss are those who had FOMO’d into the digital asset. Dogecoin On The Charts The movement of Dogecoin over the last couple of months has pointed to long-lasting bear trends. Although like the rest of the crypto market, the meme coin follows the movement of Bitcoin, its recovery has never been as prominent compared to the rest and as such has suffered more in times of market declines. Related Reading | Institutional Investors Turn To Competitors As Ethereum Tumbles It is still trading well below its 100-day moving average which puts it directly in the hold of bears. Even with declining prices, sell-offs continue to wax stronger, making it impossible for the digital asset to form any significant support. Even hype from ‘Dogefather’ Elon Musk has failed to break the meme coin out of its low momentum streak. Dogecoin is trading at $0.08 at the time of this writing. It remains the largest meme coin by market cap and the 10th largest cryptocurrency in the world with a market cap of $10.67 billion. Featured image from The Crypto Basic, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…
PRESS RELEASE. LABEL Foundation has announced that it has officially integrated with Binance Custody to take advantage of their highly secure cold storage solution. With this integration, LABEL’s native tokens can be kept safely as the $LBL is now supported by Binance Custody and the tokens are safely stored using their institutional and insured cold […]
Everyone is a genius during a bull market, but how does one invest during lengthy downtrends? Here are five things to consider before buying into a crypto project.
submitted by /u/Machete521 [link] [comments]
Injective, the interoperable smart contracts platform optimized for DeFi apps, announced today it now officially supports Polkadot native assets. The integration enables Injective to be a primary gateway for cross-chain Polkadot assets to enter the Cosmos universe. Support will be made possible via Moonbeam, an EVM-compatible smart contracts platform for Polkadot. Moreover, Axelar will act…
Read more
The top 10 largest whale addresses of stablecoins Dai and USDC show an increased trust level in the two assets amid the UST debacle.
I have a few genuine questions about blockchain/crypto that I hope someone can help clarifying. When I think of how blockchain can help with real-life issues, some of the usually discussed advantages are pretty clear: no need to trust one big central entity, cut out the middle man, no way to tamper with records, transparency,…
Read more