The expansion of decentralized finance (DeFi) liquidity provider, WOO Network in 2021 has continued in the next year, as it has received additional funding from top cryptocurrency exchange Binance in its series A funding round. Binance Labs, which is the exchange’s venture arm, and has been involved in several fundraisers for emerging DeFi platforms, announcedContinue reading “DeFi platform WOO Network bags $12m investment from Binance Labs”
By Anjali JainTag Archives: Liquidity
With cryptocurrencies becoming a fully established asset class over the past few years, various exchanges have risen to prominence. However there are also instances like Bitmex which was once king of derivatives, but currently has a lower open interest than Phemax and BTSE. Binance has been one of those players that have been in theContinue reading “Binance vs. FTX: Is the competition closer than expected”
By Biraaj TOver the past few weeks, several altcoins have been under the limelight of the market due to an increase in bullish pressure. With corrections currently lapping the industry, few changes have been taking place, indicative of the mid-to-long term scenario. SUSHI has been one of these altcoins. In a market with a lot of bearishContinue reading “Could this ratio be key to identifying where SUSHI is heading”
By Biraaj TBeing on the wrong side of a crypto market cycle can be detrimental. Be it for Bitcoin, Ethereum, or any other Altcoin, volatility can act as both a blessing and a bane. At present, the majority of the market was facing another dilemma, which is in regard to unpredictability. Assets are indicative of sideways movement,Continue reading “Bitcoin, Ethereum and Alts hodlers: Here’s one way to trade the current market”
By Biraaj TDecentralized exchanges or DEXs have been registering significant activity over the past few months and SushiSwap is right up there with Uniswap. However, the Sushi token has held its own in the market since being criticized for being another scam project. Over the past few weeks, its performance has spoken for itself but since theContinue reading “What’s in store for SushiSwap in 2021?”
By Biraaj T