Common Crypto CFD Trading Mistakes People Make
CFDs are really attractive to investors and traders on the crypto market as they allow to increase the profit by 100-fold. However, one should be careful because CFDs imply some risks.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
CFDs are really attractive to investors and traders on the crypto market as they allow to increase the profit by 100-fold. However, one should be careful because CFDs imply some risks.
DeFi-based projects are continuing to surge and their total value locked has reached about $11 billion. Therefore, Binance, the world’s leading crypto exchange, has decided to adjust its business model to tag with the DeFi ecosystem.
Besides the existing testnets, Plasma Group developers are working to reduce the activity load on the Ethereum mainnet.
The mainnet Ignition launching next month will be a predatory launch of the official mainnet Liftoff for the Filecoin platform. The pre-Liftoff phase is more about getting users acquainted with the platform.
DeFi project Uniswap has reached a milestone of $2 billion in total value locked (TVL). The news is encouraging, considering that earlier in the month it launched its token UNI.
Bitfinex will provide perpetual contracts to traders 24 hours a day seven days a week, unlike equity exchanges that are open for business five days a week.
Binance has announced another project on its Binance Launchpool called Venus. Users will be able to get new token rewards in return for staking BNB, BUSD and SXP tokens.
New-York-based cryptocurrency exchange Gemini has finally decided to include support for DeFi tokens looking at the latest frenzy around DeFi coins in the market.
Hong Kong’s pick of ConsenSys for phase two of its proposed cross-border payment system is a recognition of ConsenSys stride in the blockchain space.
As global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs.
The study showed the global spread of users of cryptocurrencies. It highlighted that the majority of them are located in North America and Europe.
The EU has realized that the future of finance is digital and Valdis Dombrovskis has indicated that the regulatory push will help to prevent market segmentation within the EU.
Stablecoins value has now hit $20 billion, a new surge. Growing investors’ demand to caution themselves from COVID-19 pandemic effects on crypto and traditional markets is attributed as the main reason.
After rising to its all-time high, $8.40, on September 18, UNI token has lost approximately 38% of its value.
Harmony (ONE) unveiled its roadmap of developing cross-chain compatibility bu building trustless bridges while giving users broader access to DeFi.