Deribit, a cryptocurrency derivatives exchange, is set to introduce Bitcoin volatility futures, providing investors with a means of assessing and engaging in trading the BTC market. Deribit’s New Product Allows Investors To Trade BTC Deribit’s BTC DVOL futures is a derivative contract based on the Deribit BTC Volatility Index. The index evaluates the implied volatility…
With the Ethereum ecosystem advancing to regular upscaling, Layer-2 networks are gaining momentum daily. However, some industry experts believe that Layer-2 token incentive models might become obsolete due to rapid changes. Phasing Out Token Incentives According to Jesse Pollak, Coinbase’s head of protocol and Base leading developer, Layer-2 networks offering token incentives would soon become…
Cardano (ADA) is the native token of the Cardano blockchain and is used as a medium of value exchange on the blockchain. Cardano was developed to work seamlessly with the ETH blockchain. Cardano was created by Charles Hoskinson, a co-founder of the Ethereum blockchain. The key purpose of Cardano is to ensure multi-ledger operability and…
Maker, the issuer of DAI stablecoin, has nearly doubled the limit on its staked Ethereum vault. The DeFi protocol is planning to stop its dependence on centralized stablecoin like USDC. The recent Tornado Cash scandal has fueled the plan. Staked Ethereum represents one unit of ETH that has been locked up or deposited in expectation…
Briefly – SafeMoon indicates extended sell-offs after dropping beneath $0.00000273, the range low. The asset has to swing high over $0.00000295 to confirm the upsurges. A break beneath $0.00000216, 20 July lows, will overturn the potential bullishness. At the moment, SafeMoon has its price attempting to move to the range low, planning to reclaim the…
