Altcoins soar after Bitcoin price bounces off a key moving average
Bitcoin price reliably bounced off the 20-day moving average, which catalyzed an explosive rally from VGX, CHSB and EWT. Go to Source Powered by WPeMatico
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Polygon will create a decentralized autonomous organization
“As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the platform. Go to Source Powered by WPeMatico
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more popular by the day. Uniswap Commands Top … Read more
Bison Trails launches Binance Smart Chain support
“Binance Smart Chain is becoming an important hub for developers looking to build applications, as demonstrated by the number of DeFi and NFT projects launched on the platform,” said Aaron Henshaw, CTO of Bison Trails. Go to Source Powered by WPeMatico
Dune Analytics opposes $25M Uniswap grant to competitor
The decentralized finance analytics provider said Uniswap grants should be given to community members and not to service providers. Go to Source Powered by WPeMatico
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever … Read more
Avalanche Rush to give out more than 180M in DeFi incentives
The multi-stage program will start with $27M tokens allocated for the Aave and Curve protocols, with additional incentives reserved for Avalanche native projects. Go to Source Powered by WPeMatico
Quant, Arweave and Avalanche soar while Bitcoin searches for support
Bitcoin’s price is losing its bullish momentum, but this did little to stop QNT, AR and AVAX from notching double-digit gains today. Go to Source Powered by WPeMatico
Vitalik thinks token-based decentralized governance is holding DeFi back
Buterin asserts that things need to move beyond coin voting as it exists in its present form, suggesting “proof-of-humanity” or “proof-of-participation” alternatives. Go to Source Powered by WPeMatico
Analysts say this key metric suggests an altcoin season is at hand
A series of new all-time highs from altcoins and a drop in the Bitcoin dominance metric has many analysts convinced that an alt season has started. Go to Source Powered by WPeMatico