Crypto Currency Markets So true...

So true...
Simplex Ardor Addition Can Spur More Effective Blockchain Handling
Gensler tells Congress that cryptocurrencies ‘have been a catalyst for change'
When I value investor buys cryptocurrency for the first time
Comparison of Most Promising Decentralised Exchanges (DEXes) for 2021
I Can’t Teach You To Be Rich, but I Can Teach You How Not To Get Rekt Thanks to Bitcoin
British Artist Damien Hirst Accepts Bitcoin and Ethereum Payment For His Arts
Why Vertcoin (VTC) is Positioned to Make a Huge Comeback
IoTeX Joins AWS Partner Network and Partners with AWS China & High Cloud for Ucam ��
Grayscale is considering these tokens for investment? Coinbase going public, how to trade stocks ahead?
Superalgos Review 2021 | Free and Open-source Crypto Trading Bots
25% Latin America Credit Card Users in Eager to Spend Crypto
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BTSE exchange launches "Earn" feature - receive up to 8% APY on your idle crypto
Grayscale Bought 80% of All Litecoin Mined in February
Tomorrow Crypto.com CRO will be debuted to the world as one of Aston Martins Formula 1 team main long term partners! Inline with the 70 billion coin burn CRO is looking very bullish for March
Crypto.com unveils sponsorship of Aston Martin Cognizant F1 team
When you didn’t buy the dip��
Working Backwards to Find Bitcoin’s Ultimate Target Price This Halving Cycle
Phala (PHA) Marks Another Milestone with KuCoin
Wall street Banking giant, Goldman Sach plans to venture into a Bitcoin-focused exchange-traded fund and the custody of cryptocurrency
Best Cryptocurrency exchange in 2021
Honest No meme Answers.

So true...

Posted: 02 Mar 2021 11:52 AM PST

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Simplex Ardor Addition Can Spur More Effective Blockchain Handling

Posted: 02 Mar 2021 06:53 PM PST

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Gensler tells Congress that cryptocurrencies ‘have been a catalyst for change'

Posted: 02 Mar 2021 09:01 AM PST

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When I value investor buys cryptocurrency for the first time

Posted: 02 Mar 2021 06:41 PM PST

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Comparison of Most Promising Decentralised Exchanges (DEXes) for 2021

Posted: 02 Mar 2021 07:08 AM PST

This is a piece to do a quick overview of decentralised exchanges and a quick comparison for newcomers and old timers alike.

As you may already know, the first generation decentralised exchanges are

expensive to trade
slow
limited to assets within one blockchain
spot only

It's also prone to errors and fat fingers. These include the old idex, etherdelta, and uniswap. These were unsurmountable obstacles at that time, as such, centralised exchanges flourished.

However, I believe it's finally time for decentralised exchanges to shine. In Jan 2021 alone, aggregate volumes hit 55.8B usd. This was unthinkable just a year ago. Decentralised exchanges are finally able to solve all of these issues by

Settling trades in Layer-2 (L2) - greatly lowering fees and increasing speed
Being multi-chain - greatly increasing the amount of pairs you can trade
Introducing derivatives - allowing you to YOLO and leverage your life savings

This brings it to parity (somewhat) with centralised exchanges. I regard these 3 to be essential functions.

This article will give a quick introduction to some of these projects and compare them.

Comparison of DEXes

Group 1: Dexes that only have 1 out of the 3 essential functions

This includes MCDEX, Futureswap, DerivaDex, Kwenta, dFuture, DeversiFi, Zkswap and so on. These are Dexes that have tried to solve some of the issues but lack other essential functions

Group 2: Dexes that have 2 out of the 3 essential functions

These are very promising projects which have achieved a lot in this space like Synthetix, dYdX, Perp, Loopring, Waves, IDEX and have a strong team. However, at this point in time, they need one more essential function.

Group 3: Dexes that have 3 out of the 3 essential functions

Now this is what I'm talking about. Let's explore each of them briefly below. You can search them up to read more.

1. Serum

Serum is built on Solana which has extremely fast block times (400ms) and very low transaction costs. It is able to interpolate between Bitcoin and Ethereum. Currently it's live and users are able to swap tokens with margin trading coming soon. Raydium has also launched as one of the first few tokens on SOL and users are able to get it there.

The SRM token is a governance token and 80% of the DEX fees goes to SRM buy and burns. SRM can also be staked to give SRM holders 50% discount on trading.

Serum's backers include FTX, Alameda Research, Multicoin Capital, 3commas and more.

Website: https://projectserum.com/

Injective Protocol

Injective is a layer-2 decentralised sidechain relayer network that is core tendermint-based. It's fully permissionless, allowing anyone to trade anything. It will offer It is able to communicate with other blockchains with Cosmos. It has formed several partnerships with Elrond, AVAx, Marlin Protocol, Ocean Protocol, HuobiECOchain and Covalent.

The INJ token is also a goverance token that users can also stake to earn rewards. Details are not out yet.

Currently, it's on testnet, with mainnet planned for Q1 2021.

Injective is backed by Binance Labs, Pantera, Hashed, QCP Capital, 3commas and more.

Website: https://injectiveprotocol.com/

Demex

Demex is also a core tendermint-based L2-Dex that will be able to offer multichain support between NEO, ETH, BSC and ZIL tokens. The tendermint-based consensus algorithm is able to reach 10,000 tps and it will be launching the world's first decentralised futures with 150x leverage.

The SWTH token is an essential part of the ecosystem and holders are able to participate in governance, stake to receive rewards. Stakers also receive all of the fees from the exchange, or can use it to mint CDPS for stablecoins(coming soon).

Demex is backed by Neo Global Capital, Neo Eco Fund, Zilliqa, Defiance Capital, Three Arrows Capital, Digital Assets Capital Management, DeFi Capital and MXC Exchange.

Website: https://dem.exchange/

As you can see, these are the three top decentralised exchanges that will rock 2021. Each of them are different and focus on different markets with different audiences.

What are your picks? Share them below.

Disclaimer: All projects are great projects. I probably hold a bit of everything in here. This is not financial advice. Also all information is to the best of my knowledge.

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I Can’t Teach You To Be Rich, but I Can Teach You How Not To Get Rekt Thanks to Bitcoin

Posted: 02 Mar 2021 10:15 AM PST

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British Artist Damien Hirst Accepts Bitcoin and Ethereum Payment For His Arts

Posted: 02 Mar 2021 10:18 PM PST

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Why Vertcoin (VTC) is Positioned to Make a Huge Comeback

Posted: 02 Mar 2021 05:24 AM PST

Vertcoin has potential to easily go 100x in price this year alone. In the 2017 bull market cycle, it started at a price of less than 5 cents and peaked at a price of $10. That's over 200x in price in less than a year! Because it's currently at an extremely low market cap less than $50 million and has enormous fundamental support backing it, it could absolutely have a similar trajectory this market cycle and could go much higher than 100x in the years to come.

What Is Vertcoin? Bitcoin/Litecoin 2.0

You're probably familiar with Bitcoin and Litecoin. PoW mineable cryptocurrencies with no pre-mine available and limited maximum supply in circulation. Vertcoin shares these properties, having a maximum supply of 84 million. BUT! The key distinguisher which sets Vertcoin apart is the fact that it's committed to ASIC resistance long-term while other PoW mineable cryptocurrencies allow ASIC miners on their blockchain.

Why Is ASIC Resistance Important?

Bitcoin is regarded as a store of value since there's a limited supply and no single entity can control it because it's decentralized. But, because Bitcoin is not ASIC resistant, over time what you're seeing is centralization move towards enormous mining facilities. ASIC miners can be expensive to acquire and operate so average households are unable to competitively mine Bitcoin. Alternatively, since Vertcoin is ASIC resistant, it is profitable to mine VTC with a normal household gaming computer which ensures decentralization long-term. There are even miners reporting profitability mining VTC in the background while simultaneously gaming!

Other Fundamental Proponents

VTC is one of the few cryptocurrencies compatible with the Lightning Network, https://lightning.network. This makes Atomic Swaps possible which create an opportunity for cryptocurrencies like Vertcoin to help with the congestion on Bitcoin's network by becoming a payment processor.

It is also extremely easy to mine. The developers created what they call a "One Click Miner" which is exactly how it sounds, one click on your gaming PC and you are now mining Vertcoin! If you're interested in making easy passive income by mining VTC on your gaming computer, instructions to setup the One Click Miner can be found on Vertcoin's official website, https://vertcoin.org.

Community

The developers of Vertcoin are extremely passionate and are actively seeking ways to improve VTC ever since they launched VTC in 2014. They recently launched Verthash within the past month in order to maintain VTC's commitment to ASIC resistance long-term.

The Vertcoin subreddit is also extremely active, it boasts an extremely large community, particularly for such a small market cap cryptocurrency. Even in bear markets the community remains active. They are friendly and willing to assist others in learning more about Vertcoin whenever newcomers have questions. This is what happens when you have a cryptocurrency which is resistant to enormous mining farms: you get a sense of community eager to share knowledge since mining becomes fun once again.

Concerns Over Previous 51% Attacks

It's true that VTC has suffered from 51% attacks in the past. BUT! It's important to note these attacks were NOT profitable to execute. However, they did do damage to Vertcoin's reputation and the developers have worked hard to repair VTC's reputation. For example, the developers recently launched Verthash which makes VTC resistant to ASIC mining once again. The recent launch of Verthash coincides with VTC's run-up in price over the past month as Vertcoin's reputation becomes restored. In preparation for the launch of Verthash, the developers also reached out to the legal counsel at NiceHash specifically requesting that the new Verthash algorithm not be made available on NiceHash which is where previous 51% attacks were conducted. NiceHash responded back to the development team stating they would comply.

Lack of profitability from prior 51% attack attempts will likely discourage further 51% attack attempts from occurring. Furthermore, successful launch of Verthash has made VTC's blockchain resistant to ASIC miners which would make a 51% attack attempt more costly and difficult to coordinate than ever before, further reducing the likelihood of another 51% attack from occurring.

Where To Buy Vertcoin Today

VTC can currently be purchased on Bittrex. Or, alternatively, you can purchase VTC on the Abra app which utilizes Bittrex as its exchange behind the scenes. Additional exchanges which offer VTC include Bitvavo, SouthXchange, and Dove Wallet.

Vertcoin is not currently listed on many major exchanges like Coinbase or Binance. BUT! It's important to note, back in 2017 when it peaked at an ATH price of $10, it wasn't listed on those major exchanges either. With the recent launch of Verthash keeping VTC resistant to ASIC miners, I don't see any reason why Vertcoin can't reach its previous ATH once again and go far beyond. If VTC ultimately does get listed on more major exchanges, this would simply accelerate its run-up in price, but the run-up is not solely dependent on additional exchange listings as historically proven.

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IoTeX Joins AWS Partner Network and Partners with AWS China & High Cloud for Ucam ��

Posted: 02 Mar 2021 09:19 PM PST