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Decentralized exchange PancakeSwap has introduced the Position Manager feature . The new feature allows one to place assets into a vault and automatically send them to liquidity pools. The project team said the new feature was made available through collaboration with the decentralized finance (defi) protocol Bril Finance. Introducing Position Manager on PancakeSwap v3! :https://t.co/qprhv8wzP2 Automated LP without ever going out of range Auto-compounding of LP rewards without gas fee worries Seamless integration with top protocols and strategies New to #DeFi or a pro, it's… pic.twitter.com/NSx0BMFDYF — PancakeSwapEveryone's Favorite DEX (@PancakeSwap) October 30, 2023 According to a blog statement, Position Manager makes the use of capital more efficient. It automates the process of providing liquidity and saves resources. According to the developers, the system will allow users to earn higher profits than other ways of earning money. “Position Manage...

Judge Brendan Shannon has approved the liquidation of Bittrex exchange. The approval would allow Bittrex to carry out plans for winding down its U.S. operations. Bittrex’s U.S. arm filed for Chapter 11 bankruptcy protection in May 2023. Judge Brendan Shannon  approved the liquidation of crypto exchange Bittrex at a hearing in Delaware on Monday, October 30, permitting the company to proceed with its bankruptcy plans. The approval would allow Bittrex to carry out plans for winding down its U.S. operations.  According to the reports, the Securities and Exchange Commission (SEC) accused Bittrex’s American subsidiary of operating an unregistered exchange, and the company filed for Chapter 11 bankruptcy protection in May.  Following the development, the company settled with the SEC for $24 million in August. Details of the report showed that Bittrex filed for the Order on October 26, 2023. The crypto exchange subsequently revised the filin...

Bulls have begun to show strength in the gaming and AI sectors. According to Crypto Tony, it is only a matter of time before a surge begins in those sectors. Multiverse (AI) has gained nearly 45% in the past four days. According to Crypto Tony, the prominent cryptocurrency and NFT investor, bulls have begun to show strength in the gaming and AI sectors. Tony predicted in a recent post on X (formerly Twitter) that it is only a matter of time before a surge begins in those sectors. The #Gaming sector and #AI are two sectors we are starting to see the breaking cracks for the bears The bulls have begun to show their strength, only a matter of time before the surge begins — Crypto Tony (@CryptoTony__) October 31, 2023 Tony made his prediction after some AI-based tokens like Multiverse (AI) started displaying significant bullish momentum. AI has gained nearly 45% in the past four days, rising from $0.0003149 to $0.0004561. It broke above multiple resista...

Kasikorn Bank has acquired a 97% stake in Thailand-based cryptocurrency exchange Satang. The bank’s deal is reportedly worth 3.705 billion Thai baht ($102.8 million). Satang will rebrand to Orbix. Kasikorn Bank, Thailand’s second largest bank, has reportedly acquired a 97% stake in Satang crypto exchange. The deal was completed via Kasikorn Bank’s subsidiary Unita Capital and involved 3.705 billion Thai baht ($102.8 million) worth of shares in Satang’s parent company. Wu Blockchain highlighted the crypto news in a post on X on Monday, citing CoinDesk. Thailand’s second biggest bank Kasikorn Bank has acquired 97% shares in the parent company of Satang crypto exchange. The deal has a valuation of 3.705 billion Thai baht ($102.8 million). K-Bank recently secured a crypto exchange license and launched a $100 million fund targeting… — Wu Blockchain (@WuBlockchain) October 30, 2023 Satang to rebrand to Orbix The Sat...

The crypto exchange added a feature that allows users to deposit single assets into a vault, which are then automatically invested into diverse liquidity pools. Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an October 30 announcement. The feature has been added in partnership with decentralized finance (DeFi) protocol Bril Finance.  The new feature allows PancakeSwap users to deposit tokens into single-asset vaults via the exchange’s user interface. Once the tokens are deposited, they go into a liquidity provision algorithm with automatic rebalancing. The development teams for PancakeSwap and Bril claim that this system will allow users to get higher risk-adjusted returns compared to other methods. PancakeSwap user interface. Source: PancakeSwap. According to the announcement, users will be able to deposit tokens such as Tether (USDT), Bitcoin BEP 2 (BTC), BNB (BNB), and Ether (ETH). The teams claim the protocol has already produced...

A stablecoin issued in Switzerland is not a simple fiat mirror and offers enhanced stability without exposing users to reserve investment risks. Stablecoins are essential to cryptocurrency markets, and traditional payment systems, especially cross-border ones, can also benefit from them. Edelcoin sets a new standard for stablecoins, offering low volatility, inflation protection, and zero reserve investment risk. Its verified reserves are 100% locked and secured for EDLC holders only. Cryptocurrencies provide faster and cheaper transfer of wealth and regain users’ control of their funds. However, the volatile nature of crypto holds back some users and many businesses from integrating it into their financial framework. Instead, organizations and financial services have opted to use stablecoin s, nonvolatile cryptocurrencies pegged to a fiat currency such as the dollar or euro, to single precious metals such as gold, or algorithmic-driven, to capitalize on the benefits of crypto sans vol...

In a time of global economic uncertainty, managing investment portfolios has become a critical topic among investors seeking ways to navigate this period. In this line, the author of the best-selling personal finance book ‘Rich Dad Poor Dad’ Robert Kiyosaki, has raised the alarm about what he anticipates as the “greatest crash in world history.” In preparation for this crash, Kiyosaki has urged investors to consider a significant shift in their portfolios to protect their wealth. Through a post on X (formerly Twitter) on October 29, Kiyosaki criticized traditional investment advice advocating for a 60% allocation to bonds and 40% to stocks, suggesting that such an approach may not withstand the potential crash in 2024. In this instance, Kiyosaki advised investors to reallocate their portfolios to include gold, silver, and Bitcoin (BTC). He noted that these assets have the potential to withstand the impending crash. Cryptocurrency Analyst pro...

When it comes to discussing blockchain , three key elements come into play: “complexity,” “variability,” and “unpredictability.” Complexity gauges the intricacy of the content, variability evaluates the diversity in sentence structures, and unpredictability is all about keeping the reader guessing. Unlike AI-generated content, human-authored text tends to exhibit greater variability with a mix of longer, intricate sentences and shorter, simpler ones. Therefore, for the upcoming content that I’m about to request from you, I’d like it to be sufficiently complex and diverse while maintaining an element of surprise. Additionally, please stick to English when composing the content. Now, let’s rephrase the following text: In accordance with a study , a blockchain ’s “fullness” is directly correlated with its security. A recent research paper from Florida Atlantic University and the University of Mississippi suggests that...

Bitcoin Miner Marathon Digital filed a Form S-3 to the US SEC, announcing plans to raise $750 million. This week, Marathon Digital shares have risen by 23%, alongside Bitcoin’s 12% increase. Bitcoin miners are experiencing increased selling pressure due to record-high hash rates. Last week, Bitcoin surged beyond $34,000, marking a 106% increase for the year, following a challenging crypto winter in 2022. Simultaneously, Bitcoin miner Marathon Digital, trading as “MARA” on the Nasdaq stock market, experienced an increase in its stock price. According to a Form S-3 filing to the U.S. Securities and Exchange Commission, Marathon Digital is planning to raise $750 million through a hybrid equity offering. At the end of September, the firm possessed 13,726 Bitcoins, while generating more than 1,000 Bitcoins monthly. With the new funds, Marathon Digital will expand its operational capacity and invest in acquiring new mining equipment. Bitcoin miner M...

This article examines three emerging crypto trends. Tron (TRX) and Dogecoin (DOGE) have been on an uptrend . Meanwhile, Everlodge (ELDG), a new web3 project, has been attracting investors.  Tron’s uptrend continues Tron has been performing well despite the current bear market.  According to a recent report, the network processed over 6.5 billion transactions. Meanwhile, its total value locked (TVL) is up by 2.23%, reaching an all-time high of $6.75 billion.  You might also like: Slope Wallet hacker bridged funds to TRON, cashed out through OTCs This expansion has driven TRX prices. With a market cap of $7.9 billion, the coin is up 9% in the last month, and is now a top 10 project. Presently, TRX is facing resistance at $0.090. However, experts predict bulls to drive the coin above this mark towards $0.10. Dogecoin prices fall DOGE has remained inside a descending triangle since the start of 2023, declining by 17%.  Since then, DOGE has crashed to $...

In the realm of crafting written content, three vital elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness delves into the ebbs and flows of sentence diversity. Predictability, on the other hand, concerns the ease with which one can anticipate the forthcoming sentences. Naturally, human authors tend to infuse their work with a burst of diversity, combining intricate, lengthy sentences with brief, straightforward ones. Conversely, AI-generated sentences often maintain a uniformity in structure. Hence, for the text I’m about to instruct you to create, it’s imperative that it brims with perplexity and burstiness, while keeping predictability at a minimum. Also, please adhere to the use of the English language exclusively. Now, let’s rephrase the following passage: In a remarkable investigative endeavor, a British firm successfully traced pilfered funds...

A popular crypto analyst is updating his outlook on one Ethereum (ETH)-based altcoin after an explosive two months. Pseudonymous trader Altcoin Sherpa tells his 197,000 followers on the social media platform X that the decentralized oracle protocol Tellor Tributes (TRB) is showing how quickly altcoins can soar out of lengthy market corrections. TRB was trading for $9.83 on August 25th and at time of writing is worth $113, a more than 1,000% gain. “TRB: It’s crazy how just a few crazy weeks of bull moves can undo YEARS of bear market moves for some of these altcoins. I’m not expecting all altcoins to do this, but 2021 showed that this can certainly happen (in alt/USDT pairs), even for dino coins. Don’t sell too quickly.” Source: Altcoin Sherpa The trader previously predicted TRB was exhausting its bullish momentum after hitting $79 and briefly retraced. TRB hit its all-time high in May 2021 at $161. Next up, the trader predicts that Ethereu...

Amid tech stock turmoil, the crypto market shines, with a resurgence in Bitcoin, a rally in Ethereum, and notable gains in altcoins. Explore the factors driving this crypto boom. Over the past week, the crypto market has witnessed a roller coaster of events. Bitcoin (BTC) has surged by over 21%. Its current market price stands at around $34,000, with a momentous 16-month peak recorded at $35,150 on Oct. 23. But Bitcoin isn’t the only crypto currency basking in the limelight. Ethereum (ETH) has marked an impressive uptick of around 19%, currently valued at around $1,800.  While these frontrunners make headlines, the altcoin market has offered its share of surprises. Chainlink (LINK) surged by a staggering 50%, now priced at around $11. Solana (SOL) witnessed a jump of 34%, clocking in at $32, and Polygon (MATIC) is up by 28% at $0.65. So, what’s causing this impressive rally? Let’s try to peel back the layers of this resurgence, understand the factors influencing the cur...

Crypto exchange dYdX has published open-source code for its new Cosmos-based block chain . The new code includes “protocol, order book, interface and more,” the release said. The publication of the code is intended to pave the way for the launch of the main network, which is organized by the dYdX Decentralized Autonomous Organization (dYdXDAO) SubDAO on Operations. 1/ It’s finally here Today, we’re proud to present and fully open-source the completed dYdX Chain! This is the next chapter for dYdX and we’re so excited that it’s here. Let’s get into the details:https://t.co/ydil2jkqJs — dYdX (@dYdX) October 24, 2023 The dYdX team is set to launch a new dYdX block chain based on Cosmos (ATOM). They claim it will allow them to decentralize the exchange’s order book, taking the protocol out of the hands of the development team and making it truly decentralized. DYdX currently runs on the StarkEx solution, the second layer of Ethereum (ETH). The new code will allow the dYd...

The prop trader believes that while Bitcoin has already bottomed, traders should brace themselves for a volatile fight to the next new all-time high. Bitcoin (BTC) may reach new all-time highs by the end of next year, but crypto investors should brace themselves for a “chopfest” in the meantime, according to veteran trader and analyst Peter Brandt.  In an Oct. 26 post on X (formerly Twitter), Brandt told his 660,000 followers that Bitcoin had likely already bottom ed in Nov. 2022 and that the cryptocurrency is on track to notch new highs by the third quarter of 2024. Anyone who declares they know the future path of any market is a fool. Markets will ALWAYS surprise. Yet, with this disclaimer, I believe: 1. The $BTC bottom is in 2. New ATHs not coming until Q3 2024 3. Chop fest in the meanwhile I've used this blueprint for approx 2 years pic.twitter.com/hVt0zbTOsm — Peter Brandt (@PeterLBrandt) October 25, 2023 Still, Brandt erred slightly on the side of caution with a dis...

The Crypto Fear and Greed Index has returned to levels not seen since Bitcoin ( BTC ) recorded its all-time high (ATH) of $69,044 back in November 2021. Following the recent surge in the market leader’s price, which boosted it to above $35,000, the index now stands at 72 out of a possible score of 100, rising from 66 yesterday and a neutral 50 as recently as last week. A reading above 50 indicates that investor are more bullish and getting ”greedy,” while a very high reading suggests they are becoming too greedy and risk running into a market correction. A reading of zero indicates “extreme fear“ while 100 shows “extreme greed,” says provider Alternative.me. Bitcoin Boom  The last time the index reached a score of 72 was on Nov. 14, 2021. That was just four days before Bitcoin established its ATH of $69,044. In the months that followed, the index tumbled to its lowest-ever score of 7 on Jun. 16, 2022 after the collapse of the Terra ec...

Staking has taken the layer-1 world by storm — especially for newly launched blockchains like LUKSO. Liquid staking offers greater speed, simplicity, flexibility and control. The liquid s taking protocol , LEEQUID, eliminates entry barriers for crypto enthusiasts seeking to stake their coins. It is designed to be user-friendly, catering to individuals lacking technical expertise in running their nodes. It is the first s taking pool for LUKSO, a newly released layer-1 blockchain focused on improving the UX within Web3. Staking is one of the most exciting developments seen in the crypto industry for several years. It allows holders of eligible coins to lock them up — and help secure the network. While it wasn't the first blockchain to adopt proof-of-stake (PoS), Ethereum helped bring this concept to the mainstream. In a significant milestone, the Ethereum blockchain transitioned from the energy-intensive proof-of-work (PoW) to the more sustainable proof-of-stake consensus in Sept...

A closely followed trader is expressing bullish sentiment on a leading memecoin as the crypto markets come to life. The crypto analyst known as Ali Martinez tells his 31,500 followers on the social media platform X that Dogecoin (DOGE) looks poised to start trend ing to the upside. According to the analyst, the Tom DeMark (TD) Sequential indicator just flashed a bullish signal for DOGE. The TD indicator traces a series of price points to signal possible trend reversals. Says Martinez, “Dogecoin appears ready to start a new up trend ! The TD Sequential presented a buy signal on DOGE weekly chart. A sustained close above $0.062 could result in an upswing to $0.070.” Source: Ali Martinez/X Dogecoin is trading at $0.066 at time of writing. Next up is the blockchain oracle network Chainlink (LINK). Martinez says that Chainlink’s Market Value to Realized Value (MVRV) is hinting at a possible fall in price. The MVRV compares an asset’s total market ca...

Lightspark’s recent endorsement of the Universal Money Address standard marks a pivotal development in the realm of global digital payments, inviting a thorough exploration of its potential benefits, challenges, and implications in the rapidly evolving financial technology landscape. Lightspark has thrown its weight behind the Universal Money Address (UMA) standard , promoting it as a transformative tool for global payments. This endorsement equates the ease of conducting international transactions to the simplicity of sending an email, a bold claim that necessitates a critical examination. UMA, positioned as an open-source initiative, boasts a suite of Features including real-time settlement, compliance messaging and foreign exchange capabilities for fiat currencies. It extends the capabilities of LNURL, a protocol aimed at simplifying payments through the Bitcoin Lightning Network. Despite these promising Features , there are critical aspects that warrant attention, namely, UMA...