Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech […]
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FTX has sought to integrate brokerage services internally to fulfill trades automatically, however, CFTC has called for greater scrutiny of the demand as it would lead to a monopoly of big players.
Cardano (ADA) exhibited strength over the last 24 hours as the coin rallied by almost 25%. With Bitcoin trying to climb up on its chart, altcoins have reflected the same price action. Broader market seems to be regaining its lost momentum with major market movers showing signs of recovery. The global cryptocurrency market cap today stood at $1.38 Trillion with a 3.6% increase in the last 24 hours. The buyers have re-entered the market after the bears failed to drag the price below the $0.40 support line. Cardano bounced off the aforementioned support line and started its journey towards recovery. Cardano happens to be one of the top gainers across the industry today. The demand for the coin surged and as a result the coin continued to break past several key resistance levels over the last 72 hours. Cardano Price Analysis: One Day Chart ADA was priced at $0.63 at the time of writing after rallying over 25% in the last 24 hours. The coin broke past many resistance marks and has now found support near the $0.50 price level. In case demand starts to drop, price might end up near the $0.59 to $0.50 mark following which the support level rested at $0.40. Overhead resistance for Cardano was at $0.78 and then at $0.93. For the bulls to firmly establish themselves, the altcoin has to aim for $0.78. Volume of ADA traded in the last trading session was high. The bars appear green which is a sign of positive price action signifying that buying strength increased in the market. Technical Analysis Demand for ADA rose as seen visible on the one day chart. In correspondence to the same, ADA’s price was above the 20-SMA line. This reading signified that buyers were in charge of driving the price momentum of the market. A push from the buyers can drive the price above the 50-SMA which would be a sign solid bullishness. In relation to the buying strength, Relative Strength Index rose sharply past the half-line. A reading above the half-line indicated buyers outnumbering sellers in the market. Related Reading | Cardano (ADA) Continues To Sink, What’s Next For The Coin? Awesome Oscillator displays the current as well change in the price momentum. The indicator displayed green signal bars that highlighted a bullish price momentum. AO also displayed buy signals which corresponded with the RSI. The Chaikin Money Flow indicates the amount of capital inflows and outflows. The CMF was above the halfline, which meant that capital inflows were more than capital outflows at the time of writing. The indicators although bullish might not be enough to validate the current bullish thesis. Sustained increase in demand for the coin along with market strength can help the bulls to sustain the price action. Related Reading | TA: Ethereum Tests $2K, Why ETH Could Extend Rally
KuCoin enters the Web3 world with a new decentralized wallet platform featuring cross-blockchain trading, DeFi and NFT functionality.
Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and late-stage growth.
According to TokenInsight 2021 Crypto Trading Industry Annual Review, the industry continues to break through, with 2021 full-year trading volume reaching $112 trillion, of which about half is futures contracts ($57 trillion), compared with spot trading that accounts for 43% ($49 trillion). In addition, the total crypto trading volume increased 3.37 times year on year. To be specific, futures contracts have grown the most by nearly 6 times, spot 2.3 times, and delivery contracts 2.36 times only. The overall data presented in the Review shows rapid growth in the futures market in 2021. It has now surpassed the spot market and become a mainstream investment channel, which indicates the market’s growing popularity. In contrast to the lack of diversity in the spot market, futures, especially linear contracts, allow users to earn profits through long-term holding and high leverage, without having to hold different types of cryptos. Thanks to such an advantage, a growing number of crypto investors are venturing into the futures market. It is clear that a large group of investors recognize the great market prospects of futures, while the futures category has also captured the crypto spotlight. Under such circumstances, crypto exchanges can gain a foothold in the futures market and register fast growth in trading volumes only by improving their futures products while providing more user-friendly trading services. Although the futures market has become the primary investment choice of many crypto users, futures contracts remain inaccessible to most newcomers to this industry. First of all, the futures market, a place for trading crypto derivatives, is highly fragmented and lacks unified standards. In addition, futures contracts offered by different crypto exchanges come with varying structures, and their terms and conditions drastically differ. For instance, futures contracts provided by some exchanges are complicated and require high learning costs, while others offer professional-exclusive futures mechanisms that are not friendly to beginners. In addition to security and stability, investors who just forayed into the futures market should also consider product simplicity and ease of use when choosing a suitable futures trading platform. In this respect, CoinEx Futures comes as a good choice as it strives to provide easier futures trading services for users. I. CoinEx Futures: A simple webpage & An intuitive futures segment To begin with, CoinEx provides a simple, straightforward webpage for futures trading. After entering the futures page, users can first pick a market for trading linear/inverse contracts according to their needs, and once a market has been selected, they will see the present market conditions and existing orders right away. Secondly, before choosing the margin and starting a position, users can easily find the Futures Tutorial on the right side to learn about futures trading in no time. By watching the video tutorials and completing the quiz, beginners will become more familiar with the trading process before opening a position. II. KYC-free futures trading: CoinEx preserves traders’ anonymity When trading futures on CoinEx, users do not have to go through any KYC authentication, which resolves an operating dilemma facing crypto users in certain countries/regions. At the same time, the exchange protects users’ assets with multiple security strategies. In addition to an anonymous, secure trading environment, CoinEx also promises that all crypto assets will be 100% reserved, allowing users to start a position and earn profits with zero concerns. III. CoinEx helps users mitigate the position risks more conveniently via multiple futures trading mechanisms To help users manage positions and control the relevant risks with ease, CoinEx has introduced multiple futures mechanisms such as Auto-deleveraging (ADL), the Insurance Fund, and the Funding Fee. The Index Price of CoinEx Futures is determined by the average spot price recorded by multiple trading platforms and features a built-in exception-processing logic. This allows the Index Price to fluctuate within a normal range when the price provided by a single platform becomes significantly volatile, thereby eliminating worries for futures traders. IV. Step-by-step tutorials on futures trading at the all-inclusive Help Center CoinEx offers a professional, all-encompassing Help Center that allows users to dive right into blockchain know-how and learn how to trade cryptos through step-by-step instructions. Through simple illustrated articles and videos, as well as simulated futures trades, offered by the Help Center, users can get familiar with futures in no time. Meanwhile, they can also search for definitions of futures jargon through the Help Center. During the past 5 years since its inception, CoinEx has earned extensive user recognition with its well-established product ecosystem, smooth, stable trading experiences, and satisfying user services. According to data released by CoinEx in 2021, the exchange made a huge breakthrough in terms of its futures trading volume, which is convincing evidence that CoinEx Futures has become increasingly recognized among crypto investors. At the moment, CoinEx provides 100+ futures markets. This year, the exchange will continue to prioritize futures and offer a more diversified selection of futures markets, as well as easier, more convenient trading experiences.
when I call method eth_getBlockByNumber with the tag "finalized", this block will not be chain-reorg, right? (because I'm using the tag "latest" and need the check chain-reorg) submitted by /u/hoangnt2 [link] [comments]
I missed the Uniswap airdrop, and the ENS airdrop, and the Optimism airdrop. Had I spent $100 across those three I'd have over $100,000 in tokens at their peak. F Every dapp I've used decided they want to be centralized or fell apart before they could form a token. I've been using Ethereum for years…
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