The prices of the world’s major cryptocurrencies – including bitcoin and Ethereum – have crashed this week. Bitcoin, for example, has fallen below $33,000 per unit, while Ethereum is down to about $2,300. At the center of all this is a new executive order that Joe Biden is set to issue. The order will ask...

The post The U.S. Is Looking to Have More Say in Crypto Regulation appeared first on Live Bitcoin News.

Al Fardan, UAE money exchange partners with RippleNet. RippleNet provides blockchain services for Al Fardan.  International transfers are all to

The post has appeared first on thenewscrypto.com

Traditional and digital asset markets alike have been rattled in recent weeks with steep downturns. But for Next Earth, this is a time of fast-paced growth. Next Earth’s NXTT token’s presale commenced on January 22 on Next Earth’s proprietary Launchpad platform, which provided a ticket-based system that the Next Earth community preferred for the token presale, in addition to the flexibility that enabled the most efficient and equitable distribution of tokens for the economy in the long-term. DEX trading started on January 27. In total, 3,100 users participated in the presale, raising $2.1 million. More than 400,000 non-fungible tokens (NFTs) have been minted, which will be used to reward users for creating content and engaging with the platform. Next Earth is the Earth’s original digital replica, which recently announced that its NXTT native token which is trading on Uniswap. After the initial trading on Uniswap, the plan is to list NXTT on multiple decentralized and centralized exchanges in the near future. Creating a more sustainable economy The crypto crash has actually been great for Next Earth. It’s shown that there is a real need for a platform like Next Earth that provides a more equitable and sustainable economy. 10% of the value of Next Earth transactions are donated to environmental initiatives such as The Ocean Cleanup, Kiss the Ground, SEE Turtles, and Amazon Watch. Next Earth has a strong focus on sustainability, and it’s one of the things that makes our platform so unique. We’re excited to see how the community grows and evolves, as they’re committed to doing everything they can to make sure that it’s a positive force for good. Beyond donating proceeds, Next Earth aims to ultimately evolve into a DAO-controlled, self-sustaining economy that gives back more than it takes. A DAO, or Decentralized Autonomous Organization, is an organization that is controlled by smart contracts on the blockchain, rather than by people. Amidst a crypto crash, the metaverse stays strong As every crypto trader knows all too well, the price of bitcoin and other cryptocurrencies have plummeted, with some dropping by more than 50 percent. But while some investors are cashing out, others are looking to the metaverse for stability. The metaverse is a digital world that exists online and is populated by avatars representing real people. It is often compared to virtual reality, but the two are actually quite different. VR is a closed system that can be experienced only through a headset, while the metaverse is open to anyone with an internet connection. The metaverse has been around for over a decade, but it has only recently begun to gain mainstream attention. This is largely due to the arrival of blockchain technology, which has made it possible to create decentralized virtual worlds. Despite the crypto crash, Next Earth is still seeing strong growth, indicating that the metaverse offers more than just token prices. In a world where prices can swing wildly from one day to the next, the metaverse provides a safe and secure space where people can come together. So while some investors are cashing out, others are looking to the metaverse.   Photo credit: Tiny Wasteland

Dfinity’s internet computer blockchain welcomed its first decentralized exchange named Sonic as we can see more today in our latest blockchain news. The first decentralized exchange on Dfinity’s Internet Computer blockchain went live this week after a recent release on the new whitepaper. According to the information shared online, there are two other exchanges in […]

Stamford, CT, United States, 28th January, 2022, Chainwire The partnership was announced by RAILGUN Privacy DAO on January 27th through ...

Read More...

A new draft bill could give the US Treasury power to ban crypto exchanges and it will be an effort to strip the surveillance laws on the public processes so let’s find out more today in our latest cryptocurrency news. The US Treasury already has a wider power to prohibit the transmittal of funds and […]

Swing, a blockchain startup that enables cross-chain liquidity and liquidity aggregation across blockchains, announced that it has raised USD 6 Million in a strategic funding round from leading investors in the blockchain ecosystem. Housing several trading, lending, and borrowing protocols, the Ethereum ecosystem dominates the decentralized financial (DeFi) area. This has reverberated across the network, pushing Ethereum to its limits but also speeding up the pace of invention and experimentation. Swing leverages layer 1 and layer 2 solutions like Polygon, Binance Smart Chain, Avalanche, Solana, Arbitrum, and more to get past and challenge Ethereum’s performance restrictions. The strategic round of funding was led by Republic Capital and also saw participation from blockchain-centric VCs including Avalanche Labs, Bitcoin.com, Skynet EGLD Capital, Celer, Ascensive Assets, Haskey, Morningstar Ventures, Kane & Rao among others. With this round of strategic funding, Swing has achieved a valuation of USD 60 Million, making it one of the most sought-after projects in the DeFi space. With this successful fundraiser, Swing aims to fastrack its plans to launch APIs to aggregate major liquidity sources and bridges with the aim of enabling cross-chain liquidity and progress closer to its vision of decentralized liquidity across the DeFi multi-chain ecosystem. The funding will be utilized to propel Swing’s development and expansion of teams. The Future of DeFi: A Big Stride Towards Cross-Chain Infrastructure For The Internet The total value locked (TVL) in the DeFi space, a measure of the number of assets staked in a specific protocol, quadrupled in 2021 alone bringing its TVL to USD 201.55 Billion in 2022. The DeFi space has witnessed a boom of decentralized exchanges (DEXs) and protocols, the issue of sporadic liquidity is ever persistent. Further, DEX Aggregators find themselves restrained to connecting liquidity pools on the Ethereum chain thereby, limiting possibilities of multi-chain liquidity aggregation. While Ethereum is one of the most prominent chains for building protocols, it is no revelation that its network congestion and stark lack of scalability have resulted in high latency and soaring gas fees. It is vividly clear that blockchain interoperability is the need of the hour to resolve the issue of liquidity fragmentation on DEXs. This is why Swing is building an efficient cross-chain infrastructure for the internet which will compose and aggregate liquidity across blockchains and thereby, move assets across multiple ecosystems with minimum slippage. This is said to become an indispensable part of the DeFi ecosystem. By enabling cross-chain transactions, the project aims to bring in a new era of decentralized trading. With these features and offerings, Swing aims to be the Stripe for cross-chain transactions. Much like how Stripe enables websites and apps to take payments over their websites, Swing will simplify cross-chain swaps and transfers for developers and businesses with its much-awaited API product. By enabling cross-chain transactions, the project aims to bring in a new era of decentralized trading. By offering a cross-chain asset exchange and decentralized liquidity protocol that uses Layer 2 chains and major EVM networks, DeFi traders, investors & developers can use Swing to move crypto capital efficiently across blockchains. AMM dexes, yield farms, lending/borrowing and staking protocols will greatly benefit from Swing’s cross-chain bridging solution. Swing navigates across top protocols and exchanges on Layer 1 and 2 chains with its cross-chain bridges and intelligent algorithms to beat and match market swap prices. Swing is currently compatible with Ethereum, Polygon, Binance Smart Chain, Harmony, Avalanche, xDai, Moonriver, and Phantom and is said to expand to Solana, Harmony, Polkadot, Cardano, Optimism, and Near soon. Concluding Thoughts The coexistence and interoperability of multiple blockchains is a necessity for the continued growth and survival of the DeFi industry. In this light, the search for an efficient and simple cross-chain trading and liquidity aggregator is more important than ever. This is where Swing’s offering to go the last mile for crypto liquidity has become a critical part of the whole crypto infrastructure. Swing will be a one-of-a-kind gamechanger to empower developers, investors, and users all over the world to move crypto assets effortlessly using blockchain smart contracts, relayers, and cross-chain bridges. The future is multi-chain! Think multichain, Think Swing!  

In the last few years, several crypto futures and derivatives platforms have exploded into the mainstream crypto domain. This has provided traders and investors with an excellent opportunity to have different choices as per their goals.  Below, we have mentioned a list of the best cryptocurrency exchanges and derivative platforms for buying and selling digital assets. Continue reading to discover the best options for you. However, before that let’s understand the term derivative trading.  Derivative Trading  A contract or product whose price is determined by an underlying asset is referred to as a derivative. Derivative assets include currencies, exchange rates, commodities, stocks, and the rate of interest. The customer and vendor of such contracts can make predictions about the long-term value of their transactions. Each party bets on the future price of the underlying assets to benefit. Derivative Trading in Crypto Any cryptocurrency token can be used as the underlying asset in the trading of crypto derivatives. Two parties sign into a money contract to speculate on the value of a cryptocurrency at a later period. Throughout the contract’s first phase, the perimeters agree on a selling/buying value for the cryptocurrency on a particular day, regardless of its value. As a result, investors will take advantage of fluctuations in the underlying asset’s value by purchasing the currency at a lower price and selling it at a higher price. The Most Popular Types Of Derivatives In Crypto Futures: A futures agreement is a legal contract between two parties to acquire or sell an underlying asset at a specific price and date in the future. The contract is effectively implemented on a standardized exchange. Options: A trader with a contract has the option, but not the obligation, to acquire or sell underlying benefits at a specified future date and price. Perpetual contracts: Unlike futures and options, perpetual agreements do not have a settlement or an expiration date. Traders will keep their positions open forever in certain conditions (for example, if the account holds a particular amount of a cryptocurrency). Swaps: A swap is a contract between two parties to exchange money flows at a later period according to a set of rules. They’re similar to forwards in that they’re unlisted (over-the-counter) contracts that don’t appear to be traded on exchanges. Top Crypto Derivative Platforms Now that we know enough about derivative trading, let’s take a look at four great platforms that offer participants various aspects and benefits for their trading experience.   Binance Futures  When it comes to trading, traders have a tremendous number of options with Binance. The top platform not only provides spot dealing, but also allows users to engage in the margin, options, and futures trading 24/7. Buying and selling cryptocurrency has never been easier or more accessible than it is now. It has become one of the most liquid derivatives exchanges in the industry due to its large selection of trading pairs.  Traders can always anticipate their buy and sell orders to be filled quickly and without having to worry about slippage. Another appealing feature of Binance Futures is its extremely cheap cost structure, which ranges from 0.000% to 0.017%. It offers a generously wide range of leverage for accounts with balances ranging from $0 to $50,000, allowing any trader to expand their portfolio regardless of their account balance. What’s even more exciting is the opportunity to make money regardless of the market’s direction. SynFutures SynFutures is a platform that allows traders to exchange derivatives in a centralized and open manner. Furthermore, it enables them to create their markets by constructing their own synthesized contracts on a wide range of assets, including Ethereum compatible assets, cross-chain assets, and off-chain assets. Synthetic assets are a brand-new feature in DeFi. Simply put it this way, they represent a quality such as a stock, bond, currency, cryptocurrencies, options, futures, NFTs, and interest rates, and trading them on a platform like SynFutures means that all contracts, both existing and newly synthesized, have deep liquidity, and users don’t have to worry about holding and storing the underlying assets. It is a blessing in disguise for individuals who haven’t had to go through the arduous process of enrolling and onboarding with a variety of exchanges and hence owning wallets. ByBit Exchange ByBit Exchange is an excellent platform for experienced cryptocurrency traders looking for a platform with more advanced features. There are a lot of simple exchanges available right now with simple interfaces to help new investors get started in the crypto market, but they’re usually not suitable for serious traders.  With a fully-featured platform that provides spot swap, derivatives trading, and margin trading with up to 100x leverage, ByBit alleviates the stress of the discerning crypto trader. The advanced charting interface is incredibly detailed and packed with options, but it’s still easy to use. ByBit … Continued

The post Top Crypto Futures and Derivatives Platforms For Investors appeared first on Cryptoknowmics-Crypto News and Media Platform.

The instruments, if accepted, will trade under the Fidelity Crypto Industry and Digital Payments ETF and the Fidelity Metaverse ETF tickers. 

The post Fidelity kickstarts process to list metaverse and crypto company ETFs appeared first on The Block.

The Lebron James Foundation and Crypto.com announced a partnership. The partnership involves teaching underserved students and families about blockchain, cryptocurrency, ...

Read More...

The post Bitcoin Price Poised For 10% Upswing By The Weekend Amids The Options Expiry! Know-How!  appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The Bitcoin price has finally returned to the level where further downside risk is minimal. The flagship asset appears to conclude the week on a bullish note after strengthening around $36k throughout the week. Especially, the Hash rate, number of long–term holders, exchange reserves, and market trends are likely to flip the bearish divergence amidst …

The United States’ Securities and Exchange Commission’s lawsuit against Ripple is once again heating up the courtroom, even in the middle of winter. After several tussles between the American regulator and the blockchain company over extension requests, the SEC has filed a Letter of Supplemental Authority. This adds to its motion to strike at a […]