Say you put up a collateral of 1 ETH on Aave and borrow 2300 USDC right now. And then ETH drops and you get liquidated, how does the contract know to liquidate you? Is the exchange rate of ETH/USDC stored somewhere on the blockchain? If not, how does it work? submitted by /u/trippyreading…
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To give some context, I am a 21 year old college student. I have been working / investing in the finance industry for the past 3 years. I bought in early to most cryptos (bitcoin – 20k range, ETH – $300 range, ETC – $9) I’ve built up my portfolio to the 60k range w/…
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According to this week’s data, cryptocurrency trade volume touched an all-time high on May 20, reaching $1.76 trillion in reported 24-hour volume. Daily trade volume statistics for Monday have been high, as reported volume from crypto market aggregators shows over $300 billion in 24-hour volume. Meanwhile, stablecoins capture 50% of Monday’s global trade volume with […]
submitted by /u/pyroxyze [link] [comments]
The current relief rally in Bitcoin and altcoins could be a sign that the market is reaching a bottoming phase.
submitted by /u/JONUTUNIVERSALU [link] [comments]
Hey ravenites, I had a question and was wondering if anyone here had a good answer. I’m looking for an exchange where I can trade RVN/USD in the US. I’m aware of Binance.us, but I wanted to see if there were other options out there with a less rigorous verification program. I would also be…
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Environmental FUD concerning Bitcoin seems to be everywhere these days. But is it enticing more investors to seek out proof-of-stake projects?
CryptoNinjas » Popular Mexican football club, Chivas, celebrates 115th anniversary with NFT auction on Avalanche The Club Deportivo Guadalajara (Chivas), a popular Mexican soccer club, is celebrating the 115th anniversary of its founding with a Non-Fungible Token (NFT) auction on the Avalanche blockchain. The NFT auction will begin on June 7th and will close a…
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submitted by /u/DogetnetDotNet [link] [comments]
