Tag: Tradings

Trading DeFi’s Governance Tokens May Be Tempting, But There’re Certain Risks

Trading DeFi’s Governance Tokens May Be Tempting, But There’re Certain Risks

Unlike the traditional financial system where almost-zero interest rates are being offered to investors, the exuberant annual percentage yields (APY) offered by many DeFi projects are what brought investors to the yield farming valley. Uniswap is inarguably the pioneer of decentralized exchanges (DEXs) as it caught investors’ attention with high returns for liquidity providers. The […]

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DeFi Highlights: 50% Price Crash for Top Tokens, Sushiswap Drama Continues & More

DeFi Highlights: 50% Price Crash for Top Tokens, Sushiswap Drama Continues & More

Crypto experts have been cautious about the DeFi craze and the too-good-to-be-true rewards DeFi projects are offering one after the other, voicing their concerns over the crypto community going ‘too fast, too furious’ into the space. It was apparent from the Sushiswap saga over the past few days that unaudited projects and smart contracts are […]

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Can the Fed’s Prolonged Low-Interest Rates Lead Bitcoin to the Upside?

Can the Fed’s Prolonged Low-Interest Rates Lead Bitcoin to the Upside?

The Federal Reserve or Fed has announced an “average inflation targeting” plan to drive the annual inflation rate above the standard 2% mark, which will keep interest rates close to zero. The Fed’s new approach to inflation policies signal that interest rates will be kept near-zero in order to achieve the target. Ultimately, these drastic […]

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Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

Return of the Bear? Crypto Market Plunges After Fed’s Shift in Monetary Policies

The so-called safe-haven assets such as gold and Bitcoin were under heavy selling pressure last night as the US Federal Reserve (Fed) announced new shifts in policies. Fed Chair Jerome Powell’s approval of a higher inflation goal and prolonged low-interest rates are two main approaches the Fed is taking in an attempt to stimulate the […]

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OMG Network Spikes to a Two-Year High – Is This Rally Sustainable?

OMG Network Spikes to a Two-Year High – Is This Rally Sustainable?

OMG Network or previously known as OmiseGo (OMG) is a Thailand-based ERC-20 token which was once very popular from its close tie to Vitalik Buterin, the co-founder of Ethereum (ETH.)  The effort of introducing a second-layer solution, Plasma, to solve ETH’s scaling problem has fueled the hype and took OMG to an all-time-high (ATH) at […]

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East Asia Accounts for 31% of Cryptocurrency Transactions in Past 12 Months, Says Chainalysis

East Asia Accounts for 31% of Cryptocurrency Transactions in Past 12 Months, Says Chainalysis

According to blockchain and crypto research firm Chainalysis, East Asia is the world’s largest cryptocurrency market with 31% of all cryptocurrency transactions in the past 12 months happening in this region, and the reason for the growth and sustainability of the market can be attributed to professional traders and the strengthening presence of stablecoins. With […]

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