Blockchain
Ethereum 2.0 Transition to Proof of Stake
Last week, Binance Futures announced that the platform had handled $1 trillion in year-to-date (YTD) volume. While Bitcoin-related contracts are the most traded ones, Ethereum futures, especially ETH/USDT, are also in the top. Ethereum has been in the spotlight for a while given its gradual transition to Ethereum 2.0 – an essential upgrade that will transform the second-largest cryptocurrency forever as its blockchain adopts the…
October 4, 2020
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Cryptocurrency
What Are Synthetic Assets in Cryptocurrency Market?
Synthetic Assets often referred to as synths, are a new trend in the crypto market’s Decentralized Finance (DeFi) sector, which is the fastest-growing niche within the crypto space. In the present article, we’ll define synthetic assets in the context of the cryptocurrency market and list the best platforms to create synths. The Origin of Synthetic Assets In general, the term ‘synthetic asset’ came before the…
September 25, 2020
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Blockchain
What is Proof of Stake and Token Staking on Binance
Staking is a great way to earn a passive income and become part of the blockchain revolution in a more direct way. In a nutshell, all you have to do is to lock an amount of a specific token for a while and collect the reward based on the offered yield. However, you might be interested to know the technical part of the staking process…
September 20, 2020
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Exchange
What Are Automated Market Makers and Liquidity Pools?
Since the time when Bitcoin came out more than a decade ago and opened the door for the entire cryptocurrency industry we know today, there has always been a high demand for this new asset type. Initially, people were exchanging fiat for Bitcoin and vice versa through peer-to-peer (P2P) environments like LocalBitcoins. Then we saw the emergence of centralized cryptocurrency exchanges that resembled traditional forex…
September 8, 2020
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Cryptocurrency
DeFi Boom Boosts Trading Volumes on Binance Futures
Decentralized Finance (DeFi) is currently the fastest-growing sector within the cryptocurrency market, as the crypto community does its best to integrate traditional financial services into decentralized infrastructures. The impressive ascension of DeFi projects resembles the initial coin offering (ICO) boom of late 2017. Still, DeFi supporters claim that the current trend will have a genuine impact by acting as a bridge between traditional banking services…
September 3, 2020
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Cryptocurrency
How to Use Relative Strength Index (RSI) In Crypto Trading
Technical Analysis (TA) is one of the most popular approaches to monitor markets in an effort to anticipate the next price move. I explained the main differences between TA and fundamental analysis (FA) in a previous article. In the following lines, I’d like to discuss one particular TA indicator that can help you find accurate signals much easier. The indicator is called the Relative Strength…
August 25, 2020
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