Token Daily

2021-04-16 08:29:43 Looking for dark horses that can still shoot in the medium to long term? It seems that Adam Cochran, a cryptanalyst, was able to find such a coin.

$ FTT is a token of the FTX exchange, one of the fastest growing and promising crypto exchanges, according to Adam's forecasts, it will cost $ 1000 (now the price is $ 56.43). The analyst built his financial model based on the assessment of the Coinbase crypto exchange.

When comparing the two companies, it turns out that:

- FTX has ~% 15 Coinbase revenue ($ COIN)
- ~ 25% profit $ COIN
- FTX has twice the trading volume
- FTX has a higher growth rate than $ COIN
- Fewer users than Coinbase

Wherein :

- FTX will redeem and burn $ FTT tokens in the amount of 1/3 of all revenue from commissions (the crypto exchange undertakes to burn at least half of the coins)

- $ FTT can be used as collateral on the exchange

- $ FTT will benefit from the FTX Insurance Fund

- $ FTT token can be staked

- holding this coin on the exchange, you can get a discount on all FTX commissions (up to 60%) Open / Comment

2021-04-14 08:15:01 Why did cryptocurrencies start to grow so powerfully? Retail has begun to actively purchase cryptocurrencies.

The graph shows an incredible increase in the number of new subscribers on the channel of one of the famous cryptanalysts on YouTube. The end of March and the beginning of April were the most successful months for newly arrived digital asset investors

Institutional Demand + Population Demand = Crazy Bull Market

There will come a time when it will be tough NOT to BUY digital assets while watching your acquaintances become financially independent

The main thing is not to take loans and mortgages and try to buy the least risky cryptocurrencies with an investment horizon of 2+ years Open / Comment

2021-04-11 09:53:58 Monero ($ XMR) is the most successful coin among those that provide complete privacy of monetary transactions. According to statistics, this cryptocurrency is the absolute and indisputable leader among such coins.

In March, $ XMR processed 78 times more untracked transactions than Zcash and Dash combined. At the same time, in terms of capitalization, Monero is twice as fast as each of these coins ($ 5.2 billion).

This token is so successful in its business that the IRS has allocated a reward of $ 625,000 for those who can hack the platform and expose encrypted wallets and transactions. So far, it does not smell of success in this matter. Open / Comment

2021-04-06 20:51:03 Altitude futures trading volume surpassed the BTC indicator. The market focused on viola, every day X's, even ripple has already shot. Wait, after so many years ... Open / Comment

2021-04-05 18:40:10 Crypt capitalization reached $ 2 trillion. Equalized with Apple. Open / Comment

2021-04-05 08:26:48 CoinMarketCap has gone a little crazy and shows the price of bitcoin about $ 500-700 more than it is on the market or even on Binance

Bitcoin is correcting, the next strong support at $ 56,600 may well reverse. But if the fall continues, the road opens up to $ 50,000 with all the ensuing consequences for altcoins

Today is a holiday for XRP holders, overnight the coin has grown by 20% to $ 0.73. The reason was the news that the court satisfied the Ripple petition to partially conceal the correspondence of the company's CEO and rumors about the preparation of the Coinbase crypto exchange to restore XRP trading

BitTorrent made another + 60% per day and at some point even hit the top 10 cryptocurrencies in terms of capitalization. TRON is growing behind it, the current rate is $ 0.136 Open / Comment

2021-04-04 09:50:49 Uniswap V3. Flexible fees

Flexible commissions are also another interesting addition as they increase LP rewards for delivering to more volatile pairs. Pools that are subject to significant volatility will have higher swap fees to accommodate IL risk and improve LP performance.

In addition, in the second version, Uniswap V2 introduced an additional rate of 0.05% (16.66% of the swap fee) allocated to the corporate governance treasury. In version 3, this rate is set for each pool from 10% to 25% of the LP commission.

This is how it looks using basic math:

Also, there were no details that these proceeds from the protocol would be credited to the UNI holders - all this is still in the air, but do you already understand what lies ahead? Open / Comment

2021-03-31 22:29:20 PayPal rolled out the news that the American clients of the payment giant will be able to use cryptocurrency (BTC, ETH, LTC, BCH) to pay in a huge number of stores connected to the system. During the operation, the cryptocurrency will be converted to fiat.

Thanks to this decision, the world is actually one step away from the really mass adoption of crypts in life. What was dreamed of in 2017 in the wildest fantasies in 2021 is a common fact in life. We live in an amazing time, gentlemen! Open / Comment

2021-03-30 14:37:30 Glassnode sees a slowdown in profit-taking dynamics reflected in the metric of bitcoin days destroyed. Apparently, the peak selling pressure on the market was at the end of January. Open / Comment

2021-03-28 11:39:01 Blockchain ecosystem Avalanche.

Avalanche is an open source platform for running decentralized applications, new financial instruments and interoperable blockchains. Open / Comment