Cross-Chain Bridge Technology enables transactions to be executed between blockchains. It allows two relatively independent blockchains to work together, in other words, communicate with each other. Thus, the limitations of a single chain can be avoided.
Short Squeeze describes a situation in which traders who sold short close their positions due to the possibility of loss, following a sharp increase in the price of any short-sold financial asset due to a lack of market supply. Unexpectedly rising prices force short position holders to buy back assets at a higher price to close their positions. This happens when buying pressure suddenly increases.
A token economy of a project shows us how the token of the project will be used and managed. So, it is planned according to the features and aim of the project.
The hammer candlestick pattern is often used by investors to predict a potential trend reversal that may occur in the price of a financial asset. It is not known when and by whom this pattern was introduced, but it is thought that the “Doji” candlestick patterns originated in Japan.
A widely used pattern in technical analysis, the double bottom pattern is a bullish pattern that signals the potential for significant price increase after a lengthy period of downward price movements. This pattern began to be widely used after the second half of the 20th century.
The emergence of the triangle pattern, which is one of the most frequently used patterns of technical analysis used to determine the price movements of financial assets, dates back to the early 20th century, when the Dow Theory was introduced. A triangle pattern occurs when the price of a financial asset is squeezed.Before the volatility of the financial asset slows down, that is, before the price is squeezed, the trend lines forming the pattern are drawn. The pattern is complete when the price is squeezed between these lines.
dYdX is a protocol that operates within the decentralized finance (DeFi) ecosystem, established in 2017. It runs on the Ethereum blockchain and stands out from its competitors due to its ability to conduct derivative transactions. The protocol operates in a decentralized manner, with all transactions carried out through smart contracts.
Compound is a decentralized finance (DeFi) protocol that runs on the Ethereum blockchain. The platform is also compliant with the Ethereum ERC-20 standard. It enables users to borrow or lend cryptocurrency assets by providing a specific collateral.
Lido DAO is a decentralized protocol that emerged as a new step in the Ethereum community's efforts towards decentralization. Lido offers solutions for users who want to earn passive income through staking. Lido DAO is a decentralized protocol created in March 2020 with contributions from many developers and participants. The management of the protocol is carried out through the votes of LDO token holders.
Curve is a platform in the decentralized finance (DeFi) ecosystem, which operates using the ERC-20 token standards on the Ethereum blockchain. It can be used in various DeFi applications such as liquidity pools and payment protocols.
Uniswap is a decentralized exchange (DEX) platform based on Ethereum. It was launched in 2018 and it executes transactions using an automated market maker (AMM) protocol. Uniswap conducts transactions through liquidity pools. These pools allow users to exchange one asset for another. One of the most important features of Uniswap is that it does not require any permission.
Solana Network was founded by Anatoly Yakovenko in 2017. Its most notable feature is its transaction speed. The network has the capacity to process an average of 65,000 transactions per second, meaning that Solana is capable of executing transactions almost instantly.
Terra Classic (LUNC) has announced the v1.0.5 upgrade that will restart token burning processes. The proposal for the upgrade to v1.0.5 from v1.0.4 was accepted on January 25, 2023. The Terra Classic v1.0.5 upgrade is estimated to take place on February 14 at block height of 11.541.520.
The Theta Mainnet 4.0 update was released on November 2. And the Theta Mainchain launch will take place on December 1. You can keep track of other events using our event calendar. Let us explain what the Theta Network is and what the Mainnet 4.0 update includes.
According to CoinDesk, Alameda Research was unable to repay its debt and a report was shared on this subject. CZ, who was one of the seed investors during its establishment, announced that he sold his shares in the FTX exchange last year. He stated that they will also sell the assets (FTT) acquired after this sale.
The gaming ecosystem, which has become one of the most valued categories in the entertainment industry, keeps on growing each day. A report called “Gaming Spotlight” on the gaming trends in 2022 has been published by data.ai and IDC. More than $22b were spent on mobile games, as stated in the report, and in the first quarter of 2022, the game industry grew by 42% compared to the first quarter of 2020.
Elrond is a blockchain-based platform that allows its users to develop decentralized applications (DApps) and cryptocurrencies that will contribute to the new digital economy. The project aims to solve the scalability problem experienced in blockchains. Elrond offers its users a scalable platform with high transaction speed at low transaction fees.
Launched in 2020, DODO (DODO) is a China-based decentralized finance (DeFi) protocol powered by a Proactive Market Maker (PMM) algorithm built on Ethereum (ERC-20) and Binance Smart Chain (BSC). It provides a decentralized exchange trading platform (DEX). DODO, which is also an on-chain liquidity provider, aims to maintain price stability while offering better liquidity than Automated Market Makers (AMMs) by using the Proactive Market Maker (PMM) algorithm. The native token of the platform is DODO.
The Internet Computer blockchain incorporates a radical rethink of blockchain design, powered by innovations in cryptography. It provides the first “World Computer” blockchain that can be used to build almost any Web 2.0 online system or service, and web3 services, including demanding web3 social media services, without any need for centralized traditional IT such as cloud computing services. It also enables smart contracts it hosts to directly create transactions on other blockchains. As such it enables the full end-to-end decentralization of online services and web3 for the first time.
Aave is an Ethereum-backed <u>[decentralized finance (DeFi)](https://research.bitexen.com/en/post/what-is-de-fi-decentralized-finance)</u> platform that allows users to lend and receive various cryptocurrencies. This system, where users who want to lend can borrow from pools by depositing cryptocurrency in pools, earn interest income, and users who want to borrow in exchange for interest in the same way, can borrow from pools against collateral (and in some cases without any collateral), is maintained with smart contracts. In this way, it eliminates the intermediary role of traditional financial institutions and introduces an innovative finance framework.
Decentraland is a blockchain-based virtual world. This virtual reality platform is powered by the Ethereum blockchain. Users can create unique contents, applications and earn revenue from these applications on the Decentraland platform. The land you buy is processed on the blockchain to prove its ownership to you. On these lands, land owners can create whatever content they want. These contents can be a stage, show, gallery as well as playgrounds.
According to data shared by Goldman Sachs, Bitcoin (BTC) has gained up to 51% in absolute returns from beginning of the year to today.
Ambre Soubiran, Chief Executive Officer of Paris-based crypto data provider Kaiko, told Bloomberg that Kaiko will move its Asian headquarters from Singapore to Hong Kong as it sees growing opportunities amid recent regulatory changes towards digital assets in Hong Kong.
Venezuelan President Nicolás Maduro announced the reorganization of the National Superintendency of Crypto Assets in a decree.
According to the Associated Press, Swiss banking giant UBS will acquire Credit Suisse, which is on the verge of collapse, for nearly $3.25B.
Ryan Wyatt, President of Polygon Labs, announced on Twitter that Salesforce, one of the world's largest customer relationship management software companies, has partnered with Polygon Labs to help its customers develop NFT-based loyalty programs on the Polygon blockchain.
Monthly Event Calendar - March 2023
Ecosystem's important events that will take place in February of cryptocurrencies listed on Bitexen.
Ecosystem's important events that will take place in January of cryptocurrencies listed on Bitexen.
Ecosystem's important events that will take place in December of cryptocurrencies listed on Bitexen.
Ecosystem's important events that will take place in November of cryptocurrencies listed on Bitexen.
Ecosystem's important events that will take place in October of cryptocurrencies listed on Bitexen.