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“# SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours ” SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens. The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair’s…
“# Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound ” Uniswap (UNI) was among the best performers among the top-cap cryptocurrency tokens in the previous 24 hours, logging better gains than some top cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB). On Sept. 15, the UNI/USD exchange rate jumped 13.26%…
“# 3 reasons why Elrond (EGLD) price is hitting new daily highs ” DeFi-focused protocols are seeing a sustained upward move and the the momentum appaers to be picking up pace now that the NFT sector has cooled off over the past two weeks. Since the beginning of August, Elrond (EGLD), a scalable and secure…
“# 3 reasons why Polkadot is en-route to a new ATH even after a 256% rally ” The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has…
“# Derivatives exchange dTrade raises $22.8M for market makers ” Decentralized exchange dTrade has raised $22.8 million for a market-making fund designed to provide the ecosystem with higher liquidity, potentially setting the stage for wider DeFi adoption on Polkadot once the DEX launches later this year. The funds will enable dTrade to launch with “deep…
“# dYdX exchange releases governance token, making its airdrop worth up to $100K ” Airdrops have been a fan-favorite in the cryptocurrency ecosystem for years because they offer projects a way to reward early adopters and increase token distribution. The latest project to surprise its community of supporters with retroactive rewards for its newly minted…
“# FTX Token hits new record up 50% so far in September — What’s driving FTT price higher? ” FTX crypto exchange’s native utility token, FTT, reached a new record high on Monday a week after it agreed to acquire LedgerX, a United States-based crypto derivative platform, for an undisclosed sum. On Monday, the FTT/USD…
“# Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi ” An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change…
“# SEC reportedly investigates decentralized exchange Uniswap ” The United States Securities and Exchange Commission (SEC) is reportedly investigating the startup behind the world’s largest decentralized cryptocurrency exchange, Uniswap. The U.S. securities regulator has initiated a probe into Uniswap’s main developer, Uniswap Labs, the Wall Street Journal reported Sept. 3. The report says that enforcement…
“# NFT projects and high yield opportunities back Zilliqa’s strong rebound ” One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. …