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Bybit, The World's 4th Largest Crypto Derivatives Exchange, Is Launching Spot Market
Crypto exchange Bybit is looking to branch out of its singular focus on crypto derivatives with a suite of new product offerings. Although derivatives are to remain at the heart of Bybit’s business, the popular platform will add spot crypto trading as it aims to aggressively grow its user base.
The Asian exchange has already launched trading on BTC/USDT, ETHUSDT, XRPUSDT, EOSUSDT, and the listing of more pairs is said to take place shortly. Read More
PARSIQ Is The Universal Middleware Glue Between Blockchains And The Real World
As a middleware provider, PARSIQ can be used for many different purposes in the retail sector. Although its primary use case is trading, that segment is a lot more diverse than people think. This middleware can do it all, whether it is whale monitoring, exchange deposit monitoring, or even identifying swaps on decentralized exchange pools. It is also an excellent tool to monitor arbitrage, frontrunning, and liquidity changes, among other things. Read More
EVDC- The First Cryptocurrency Used For Electric Vehicle Charging
EVDC is the first decentralized token that used EV charging currency. EVDC token launched on Pancakewap and Uniswap. 18 billion tokens were sold at the pre-sale. Migration completed 07/11. Read More
Italian finance regulator issues warning on Binance crypto exchange
Italy's securities market regulator, the Italian Companies and Exchange Commission (CONSOB), has issued a statement stating that Binance Group and affiliated companies are not authorized to provide investment services and operate in Italy.
The regulator specified that the warning refers to Binance.com, the main website of the global crypto exchange. CONSOB went on to warn the public about potential implications of Binance’s legal status in Italy, advising to exercise caution in making investment choices. Read More
Bybit, a Crypto Derivatives Exchange, Launches Crypto Spot Trading
Crypto derivatives exchange Bybit today announced a new spot trading feature.
This means traders can buy and sell assets such as Bitcoin immediately.
Singapore-based derivatives exchange Bybit today announced the launch of a new spot trading feature.
The exchange, which in the past week alone has tallied $33 billion in trading volume, said that the feature would come with zero maker fees—typically charged when an order isn’t immediately picked up by a buyer or seller. Read More
What Is The Difference Between A Token And A Coin?
Firstly, let’s set the stage to determine what the terms Coin and Token really mean. They are often used interchangeably however they are fundamentally different. A crypto coin such as Bitcoin, Ethereum, and Markethive Coin have their own Blockchain, otherwise known as an Independent Distributed Ledger used for transactional purposes. Coins have the same characteristics as money. They are fungible, divisible, acceptable, portable, and durable with a limited supply.
Tokens are a representation of a particular asset or utility. It usually resides on top of another blockchain. Generating a token does not require creating a blockchain from scratch. They are fundamentally made possible through a smart contract and are created to fund project development or start-up company as is the case with the Markethive ILP. (Incentivized Loan Program)
To sum it up, coins are a method of payment, while tokens represent a company’s share or provide access to a product or service within the company. Coins are fundamentally currencies that are used for buying and selling things. You can buy a token with a coin, but you cannot buy a coin with a token.
Coins operate independently while a token has a specific use in a project's ecosystem. Read More
What's in the Ethereum London Hard Fork Beyond EIP-1559?
Tim Beiko of the Ethereum Foundation stopped by The Decrypt Daily podcast to explain the ins and outs of the upcoming London hard fork.
No one knows more about Ethereum network upgrades than Tim Beiko. A developer with the Ethereum Foundation, Beiko runs the core developer meetings and has been running point on the upcoming London hard fork.
Expected to go live August 4, London is a network upgrade that encompasses five Ethereum Improvement Proposals (EIPs), which are changes to the code that must be agreed to by stakeholder consensus. Read More
ShapeShift Will Cease To Exist As A Company. It’ll Be Reborn In Another… Shape
In 2014, Erik Voorhees founded ShapeShift. By the end of 2021, ShapeShift will cease to exist as a company. It will become a DAO, a Decentralized Autonomous Organization. The owners of their FOX token will have complete governance over it, and they will “Open source all ShapeShift code and infrastructure.” That’s according to the company’s official announcement, which also states:
It has become clear to us that decentralization is the only way to achieve borderless, immutable finance. Therefore, decentralizing ShapeShift is how we choose to maintain fidelity to the principles first established by Satoshi and the Bitcoin whitepaper. Read More
Bank of America: Bitcoin Now 3rd Most Crowded Trade After Tech Stocks and ESG in New Fund Manager Survey
Bank of America’s latest global fund manager survey shows that “long bitcoin” is now the third most crowded trade. The most crowded trade is now “long tech stocks,” followed by “long ESG.”
Bank of America’s global fund manager survey for July, published Tuesday, shows that “long bitcoin” has fallen to third place among the most crowded trades. The Global Fund Manager Survey is Bank of America Securities’ monthly report that canvasses the views of approximately 200 institutional, mutual, and hedge fund managers around the world. Read More
Calm Before the Storm? Blockchain Analytics Firm Glassnode Weighs In on State of Bitcoin
Popular blockchain analytics firm Glassnode says crypto investors may be looking at the “calm before the storm” for Bitcoin.
In their new weekly report, Glassnode says the entire Bitcoin ecosystem has become quiet, potentially hinting that a big move is on the horizon. Read More
Pundits Label Paraguayan MP’s Crypto Bill a ‘Huge Nothing Burger’
Twitter-based crypto fans say they are underwhelmed by the details of a crypto-themed private member’s bill unveiled yesterday by the Paraguayan MP Carlos Rejala.
Rejala had first started tweeting about the draft legislation in the wake of the launch of a Salvadorian bill that will in a few weeks’ time, make bitcoin (BTC) legal tender. The MP, of the minority Hagamos Party, had added red “laser” eyes to his profile picture and had promised a “surprise,” using the #bitcoin hashtag at every possible occasion. He this week teased the bill’s release, driving up anticipation by claiming that a senior figure in the Paraguayan senate, Fernando Silva Facetti, had also backed the proposal. Read More
Cardano Successfully Deploys Alonzo White Hard Fork
Cardano has successfully deployed the Alonzo White hard fork, marking another step forward in the road towards smart contracts.
Cardano’s Alonzo hard fork has been successfully deployed, according to developer Input Output Hong Kong (IOHK). In a series of tweets published on July 15, IOHK said that the “network is happily making blocks already.”
The Alonzo hard fork is a key moment along with Cardano’s roadmap, paving the way for smart contract functionality. The full release has a tentative release date of August. It would bring several significant changes to the Cardano network, including the ability to host decentralized finance (DeFi) applications. Read More
Video - Brief Update on Alonzo
Apollo and Figure to collaborate on a series of blockchain-enabled initiatives
Apollo Global Management, a high-growth, global alternative asset manager, and Figure Technologies, transforming financial services through blockchain, announced that affiliates of Apollo and Figure have agreed to collaborate on a series of blockchain-enabled initiatives.
As part of the agreement and consistent with Apollo’s agenda, the firm has made a strategic decision to work with Figure on practical applications of the Provenance blockchain across the investment lifecycle through projects such as an on-chain fund listing, asset securitization, and digital marketplaces. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
