Trading

Samuel Edyme, also known as HIM-buktu, is a multifaceted individual in the world of web3 content writing, journalism, and trading. His journey into the realm of cryptocurrencies was far from conventional, starting with a less-than-ideal experience involving a Ponzi scheme that lured him in with promises of quick riches. However, instead of being deterred by
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Binance, the world’s largest crypto exchange, recently announced the addition of new trading pairs and services to provide users with more options. However, this expansion comes with restrictions for residents of specific countries. Despite these updates, the market for cryptocurrencies has not seen significant price increases and remains in the red. Binance’s Trading Pair Expansion
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Maker, one of the pioneering DeFi lending platforms on Ethereum, has recently undergone a rebranding to “Sky” alongside significant upgrades to its decentralized stablecoin ecosystem. This rebranding includes renaming its stablecoin from DAI to USDS and its governance token from MKR to SKY. Additionally, users can now access the upgraded SKY token by supplying USDS
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Sony Blockchain Solutions Labs, in collaboration with Startale Labs, recently unveiled plans to create Soneium, a blockchain platform that aims to bridge the gap between Web3 and Web2 technologies. The primary goal of Soneium is to enhance accessibility to blockchain technology while offering solutions that are scalable, efficient, and capable of addressing real-world challenges. Soneium
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In a surprising turn of events, Bitcoin crashed below $50,000 on August 5th, causing a ripple effect that led to a market-wide downturn. This unexpected plunge, which affected other cryptocurrencies as well, caught many investors off guard. Following the crash, Bitcoin managed to bounce back by 20%, but short-term holders are still facing losses. Glassnode’s
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The recent announcement from Federal Reserve Chairman Jerome Powell regarding a potential rate cut has sent shockwaves through the cryptocurrency market, particularly Bitcoin. The sudden spike of over 6% in Bitcoin’s price demonstrates the market’s sensitivity to such policy changes. This unpredictability in price movement has become a hallmark of Bitcoin’s recent behavior. Despite the
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Excitement is mounting within the Cardano (ADA) community as the Chang hard fork approaches. Intersect, a member-based organization for the Cardano ecosystem, recently shared detailed information about the upcoming upgrade. The organization highlighted that preparations for the Chang hard fork are nearly complete and key dates have been set for the launch. A recent meeting
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