Leverj, a non-custodial derivatives platform based on an Ethereum sidechain, announced on Tuesday their cooperation with leading industry participants to support the launch and marketing of its exchange. The exchange offers perpetual swaps for Bitcoin (BTC) and Ether (ETH), accepting both Tether (USDT) and Dai (DAI) as margin and settlement currencies. To achieve meaningful performance for trading, Leverj uses its in-house Plasma-based scaling solution, Gluon. The system was optimized specifically for high-performance non-custodial trading. Like other Plasma-based systems, it relies on the security of the Ethereum chain to guarantee the…
Day: December 15, 2020
SpiderDAO Commences Token Distribution, Becomes First Token Listed on Polkastarter
As part of the program, 60% of the total supply of the SPDR token will be released to the community over a period of five years. Today marks the beginning of the token distribution of SpiderDAO after coming to an end with its strategic private sales of the SPDRs. Over the next three months, 8.33% of its token would be unlocked to the beneficiaries. Also, SpiderDAO has become the first-ever project to have its token SPDR listed on the Polkastarter, a new decentralized exchange. Interestingly, SpiderDAO has an interesting plan…
First-of-Its-Kind Digital Banking Platform Zytara to Launch ZUSD Stablecoin in Collaboration with Prime Trust
The initial launch of ZUSD will take place on the Ethereum blockchain, the current hub for blockchain development and asset issuance.ย Zytara, a newly launched fintech aiming to be a digital banking platform and payment network for Millennials, Gen Z gamers, and esports enthusiasts has announced the upcoming launch of its Zytara dollar stablecoin (ZUSD). With this move, Zytara enters two burgeoning industries, the now multi-billion dollar stablecoin industry, as well as online gaming, which is set to hit $196 billion in 2022, data shows.ย The launch of ZUSD follows…
Bitcoin price tipped to consolidate before continuing bull run in 2021
The Bitcoin price (BTC) reached the $19,400 mark in the past 24 hours, which has served as a critical resistance level since the start of December. However, on-chain indicators show that the dominant cryptocurrency could stagnate or consolidate until early 2021. Although BTC is nearing its all-time high at around $20,000, there are compelling reasons to expect more sideways action. On-chain analysts primarily explore two indicators to gauge the sentiment of an ongoing rally: the Spent Output Profit Ratio, or SOPR, and Long-Term Holder MVRV. The SOPR indicator shows whether…
Chainlink | Ethereum | LINK BTC Price Prediction Today | NEWS & Market Analysis | Nov 2020 ๐ฎ
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Digitex City Opens, Introduces New Cryptocurrency Social Platform
With its never-before-seen initiatives and offers, Digitex City is certainly going to be a project to watch as we move into another year in the cryptocurrency space. After several months of teaser campaigns and sneak peeks of the new platform Digitex City has opened its doors to the public, introducing a brand-new cryptocurrency social platform to the space. Designed as a place for traders, investors, and speculators to come together to network, educate, and discuss all things related to making money with crypto, Digitex City aims to become cryptoโs true…
Fidelity-backed crypto trading platform OSL secures license in Hong Kong
OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL Digital Securities to operate regulated brokerage and automated trading services for digital assets. The news comes shortly after the SFC agreed in principle to issue OSL a license in August 2020. According to the announcement, OSL has successfully undergone the SFCโs strict vetting requirements. At launch, OSL Digital Securitiesโ digital asset…
Binance Starts Shipping Its Visa Debit Cards to Europe
Binance has officially started shipping its Visa cards to the European Economic Area. The card is now officially supporting Ethereum. In an announcement on its website, the Binance exchange revealed that its users in Europe could start ordering its debit card. The card, which is free for Binance users, comes with a daily spending limit of 8,700 euros ($10,600). Its daily ATM withdrawal limit stands at 290 euros ($352). Other perks include an 8% cashback on purchases and zero fees until 2021. Physical #Binance cards have started shipping! ๐ณ Get…
WEF, Mining Giants Develop Blockchain Platform for Tracking Carbon Emissions
The World Economic Forum (WEF) and seven major mining companies have completed the initial stage of a blockchain platform that tracks carbon emissions along the mining value chain. In a press statement on Monday, the Mining and Metals Blockchain Initiative (MMBI) from the WEF said its proof-of-concept carbon tracing platform COT was in development for over a year. The finalized platform will track embedded greenhouse gas emissions from the mine to the final product using distributed ledger technology. The seven mining firms โ Anglo American, Antofagasta Minerals, Eurasian Resources Group,…
Bitcoin Tracks US Futures Into Positive Territory on Stimulus Hopes
Bitcoin flipped into positive territory ahead of the New York opening bell, tracking US stock futuresโ gains as investors pinned hopes on Washingtonโs economic relief package. The benchmark cryptocurrency jumped 1.48 percent from its Asian session intraday low of $19,051. Its move uphill took it up to $19,333, raising prospects that it would retest the weekly resistance area above $19,500 in the US session to attempt an extended move towards $20,000. Bitcoin is trading inside an Ascending Triangle channel pattern. Source: BTCUSD on TradingView.com Bitcoin is trading inside an Ascending…