Huobi Global, one of the world’s leading digital asset exchanges, today announced that it is rebranding Huobi Derivatives Warrant as Huobi Options. Huobi Options is a line of derivatives products that is designed to help crypto traders at all levels elevate their trading capabilities and open up arbitrage opportunities. This rebranding reflects Huobi Global’s commitment […]

Valkyrie has filed for an ETF that will invest the majority of its net assets in companies focused on bitcoin mining.

The post Valkyrie files for bitcoin mining ETF appeared first on The Block.

FRONT, DG and QSP join the list of altcoins which surged more than 40% after BTC recovered the $38,000 level.

On January 24, DeFi Technologies Inc, a technology firm that bridges the gap between traditional capital markets and decentralized finance, announced the addition of the Melanion Bitcoin Exposure i...

When Bitcoin made its dramatic decline in 2018 from all-time highs, many traders may have wished that they could profit from the thousands of dollars that were wiped off Bitcoin’s market cap and spot price. Well, it may surprise you to learn that many traders did – and they still are in 2022. Trading a […]

How to Short Bitcoin – A Simple Guide [2022] was originally found on Blokt - Privacy, Tech, Bitcoin, Blockchain & Cryptocurrency.

The global crypto sell-off accelerated on 24 January after Bitcoin tumbled below $33,000 for the first time since July last year. The digital asset market cap suffered a drop of more than $150 bill...

Stash chief executive Brandon Krieg was speaking to CNBC on Friday, a day after…

The post Now is perfect time for retail investors to gain crypto exposure, says Stash CEO appeared first on Coin Journal.

The post Ethereum Traps the Bulls, ETH Price Poised to Hit The High Demand Area Below $2600! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

It’s a time for treatment yet again for the short traders as the markets maintain a constant downtrend since the mid of Q4 2021. Ethereum which once traded above $4500 is now plummeting hard below $2900 levels. The drop in value of nearly 42% was mainly fueled by 3 extreme sell-offs other than the usual …

A US judge has ruled Arthur Hayes' joke about coconut bribes from 2019 would give prosecutors the upper hand in the BitMEX trial.

The post Jury won’t hear BitMEX chief joke about ‘coconut’ bribes after all appeared first on Protos.

Bitcoin, the top asset in the industry has noted a sharp fall in prices over the last 24 hours. At press time, the king-coin depreciated by almost over 9.7%. Bitcoin dropped its value by almost $7,000 and was exchanging hands at $38,233.95. This marked an almost six-month low for the coin. This price level is the lowest ever since the first week of August last year. Following Bitcoin’s price action, altcoins followed suit as a majority of them were seen trading in the red at the time of writing. The global cryptocurrency market cap was at $1.95 trillion after a considerable fall of about 7.7% over the past day. The global crypto cap hadn’t dipped below the $2.11 Trillion mark in over 3 months now. This major plunge in value across the broader cryptocurrency market had caused roughly $200 Billion to leave the market. Ethereum, which is the second-largest cryptocurrency in regards to market capitalisation also registered a tumble of about 8% in the last 24 hours. Related Reading |TA: Bitcoin Dives Below $40K, Why Bulls Could Struggle In Near Term What Could Have Potentially Caused This Big Dump The bears had taken over the market, however, it isn’t safe to assume that the market would continue with a bearish outlook just yet. This could also be a price correction from which Bitcoin and major altcoins might recover over the upcoming trading sessions. This retracement in Bitcoin’s prices from $43,000 could have happened for a number of reasons. Needless to say, crypto markets are volatile, however, current price movements of the major cryptocurrencies can be tied to a couple of recent developments in the crypto space. This sudden substantial sell-off in prices could have been caused due to stock market weakness after the US Federal Reserve introduced high-interest rates and tapered the stimulus. The Fed hiking the interest rates in the form of tightening the overall monetary policy has, in turn, affected the unregulated market of cryptocurrencies. The cryptocurrency industry has also suffered the pangs of other recent regulatory measures. The most recent one is Russia’s blanket ban which has rocked the global cryptocurrency market. Other regulatory measures which have been set in motion to curb the rapid growth of digital asset has also had negative effects on the prices. Securities and Exchange Commission has signaled at scrutinising cryptocurrency exchanges. Environmental factors have also raised eyebrows of regulatory bodies, European Securities and Markets Authority (ESMA) wishes for the EU to ban the proof-of-work model. All of the above-cited reasons have sent shock waves across the crypto industry causing the fear index to point at 19, a number that corresponds to “Extreme Fear” in the market. Related Reading | TA: Ethereum Nosedives, Indicators Show Signs of Larger Downtrend Bitcoin Price Analysis: Crucial Trading Levels to Watch Out For Bitcoin was priced at $38,233.95 after the coin nosedived close to 9% at press time. The asset flashed a death cross, which is considered to be extremely bearish in nature. The prices were beneath the 20-SMA line, indicating that sellers were responsible for driving the price momentum in the market. Source: BTCUSD on TradingView.com The Relative Strength Index hurtled as it reflected the excessive selling pressure in the market. Currently, Bitcoin’s RSI was hovering beneath the 25-mark which meant that the asset was oversold and undervalued. The support level for the coin stood at $37,982.40 and a push from the bears could make BTC trade at that aforementioned level. The Average Directional Index was near the 50-mark, implying a strengthening of the current price trend in the market. The resistance price level for the coin was $39,829.16. Featured image from The Motley Fool, chart from TradingView.com

Robinhood launched wallet beta for Ethereum, Dogecoin, and Bitcoin transfer as the company has long promised this feature was coming so let’s read more today in our latest cryptocurrency news. For months, the executives at the trading app company Robinhood promised that crypto wallets are coming. Today, Robinhood launched wallet Beta for the first 1000 […]

Accel DeFi (ACCEL), a latest venture founded in late 2021 when 3 different projects joined forces to create a single multi-utility token (ACCEL), is going to redefine decentralized finance. With a market cap of over $6M, ACCEL is currently live on Ethereum Network (ETH) and Binance Smart Chain (BSC).

Accel Defi brings the best of crypto, defi, and blockchain all together under one roof.

Accel DeFi is a consulting firm specialising in marketing, FinTech, and Decentralized Finance. It is a group of DeFi experts with a history of successful business initiatives to serve as a framework for this new organization. Accel Defi combines the finest of crypto, defi, and blockchain technologies under one platform. A platform to construct your projects, pay for services with cryptocurrency, monitor the charts of the recent projects, and uncover the deal flow for the latest projects.

With a total supply of 5B, the ACCEL token is going to power Accel DeFi, a decentralized distribution network. Accel DeFi's brains have worked on some of the most significant advancements in the DeFi space.

Redefining Web3 and DeFi

ACCEL DeFi aims to redefine Web3 and decentralized finance by offering various solutions for the cryptosphere.

ACCEL offers a variety of products and services.

Products

UnREKT App

UnREKT is a trading application that will enable the creation of conventional limit orders for decentralized tokens. UnREKT will be built on top of current exchanges rather than creating ACCEL's own decentralized exchange. UnREKT will become the most utilised and sought after trading application available by tackling the apparent flaws in existing DEX's, offering traders with the security and use of a CEX, but the flexibility of trading microcrypto on numerous DEX's. Traders will no longer have to worry about manually halting losses or staying up late to monitor a chart since the UnREKT app will do it for them.

ArbiBridge

ArbiBridge is a multi-chain bridge that connects layer 1 and layer 2 networks, as well as tokens and coins. Creating Accel's own cross-chain bridge will allow Accel product users to perform cross-chain transactions effortlessly and conveniently.

XRATIO Pay

XRATIO Pay is a service payment system that aims to provide safe and secure payments to crypto for developers and anyone to use. We can provide a service similar to freelancing platforms like Fiverr and Upwork, but decentralized, by bringing the gig economy to crypto and using a unique payment escrow mechanism. Payment is kept in escrow through a contract under this system, and as contract milestones are met, payment is released to the service provider. If the service provider fails to fulfil their obligations under the contract, the client may register a complaint/dispute over payment and the status of the services delivered.

Accel NFT Marketplace

Accel also provides a use case-based NFT minting and sales platform that imposes a sales fee depending on NFT collecting parameters.

Accel Portfolio

As an ACCEL token staker, you will earn a pro rata share of all payouts to the staking pool.

Accel Trader App

An iOS/Android app that unifies the functionalities and trader utilities offered by all ACCEL partners into one mobile location.

Accel Wallet

Secure crypto wallet with a ledger architecture that allows for zero-fee Accel wallet to Accel wallet transfers.

XRATIO Tools

XRATIO tools is a trading tools platform that gives information on charts, price movements, new pair and trending pair information, as well as buy and sell information and other contract interaction information of a token.

Services

Accel DeFi University

Accel will create the first ever DAO-based educational crypto community with Accel Defi University.

Accel Defi investors will receive access to a developing system of information and tools to assist their complete crypto experience through Accel's database and network.

Accel Product Development

Token and contract development, implementation, and launch assistance based on demand and client requirements.

Accel Gaming

Platform for game publishing and gaming decks for blockchain Metaverse and NFT asset-based games.

Crypto Services Marketplace

A service marketplace that lists crypto service providers and accepts XRATIO payments for guaranteed service payments.

Launchpad

An all-in-one Accel team committed to assisting developers in the creation, launch, and customization of their own smart contracts.

Marketing

An in-house marketing and audience development team is available for hiring for both internal and external projects.

AMA's

AMA hosting is used to link communities and provide a platform for external project developers to reach a larger audience and discuss utilities/projects in progress.

Basis of Accel DeFi Ecosystem

The Accel DeFi project was initiated with the objective of providing decentralized solutions for businesses and individuals. Accel has spent considerable work identifying flaws in thousands of tokens. Accel's goal is to combine the greatest aspects of various projects into a single promising token.

The Accel team has put itself up for success with a highly skilled staff consisting of intangible skill sets and an in-depth grasp of the crypto markets.

Backstory

Accel DeFi was launched in late 2021, when three separate projects agreed to collaborate and develop a single multi-utility token that would alter decentralised finance as we know it.

Tokenomics

Name: Accel Token

Ticker: ACCEL

Blockchain: Ethereum Network

Max Supply: 5,000,000,000 (5 Billion)

Fee on Buys and Sells: 10%

• 5% Rewards to stakers

• 3% Development

• 2% Sustainment

Audited by Solidity Finance prior to launch

Successful Launch and Pre-Sale

On January 07 2022, ACCEL completed its launch on Ethereum Network (ETH) with a market cap of over 6 million USD. The token has a total supply of 3.5 million since the launch, and over 3500 holders.

The ‘Accel BNB Presale' (ABPS) token also went live on Binance Smart Chain (BSC) on January 03, 2022.

The token is listed on the Decentralized Exchange, HotBit. ACCEL has also been listed on CoinMarketCap and CoinGecko on 9th of January 2022.

With further planned partnerships and marketing projects forthcoming, ACCEL is expected to launch on Polygon and Arbitrum networks in the coming months.

ACCEL Vision

ACCEL is bringing a revolution to the token industry, with the goal of assisting other young entrepreneurs in launching their own crypto businesses and serving as a catalyst to offer them the best chance of success possible. Accel DeFi is offering many utilities to small market tokens that are backed by a corporation providing the largest market possible.

With over 90 individuals including an internal product development team, social marketing team and content creation team; Accel DeFi is fully equipped to accelerate DeFi to new heights.

Further details can be found on Accel DeFi's official website.

About ACCEL DeFi

Accel DeFi is a consulting firm specialising in marketing, FinTech, and Decentralized Finance. It is a group of DeFi experts with a history of successful business initiatives to serve as a framework for this new organization. Accel Defi combines the finest of crypto, defi, and blockchain technologies under one platform. A platform to construct your projects, pay for services with cryptocurrency, monitor the charts of the recent projects, and uncover the deal flow for the latest projects.

Website | Twitter | Facebook | Youtube | Clubhouse | Discord | Reddit | Instagram | Telegram | Telegram (Announcements)

References

CoinMarketCap: https://coinmarketcap.com/currencies/accel/

CoinGecko: https://www.coingecko.com/en/coins/accel-defi

Hotbit: https://www.hotbit.io/exchange?symbol=ACCEL_USDT

WETH/ACCEL Dextools: https://www.dextools.io/app/ether/pair-explorer/0x9219df155698b27498d4cdd5494b30cf2d3b4911

BNB/ABPS Dextools: https://www.dextools.io/app/bsc/pair-explorer/0xe7162214f693d5e3fe188167a1bd05583bcf4fb0