[OKEx Insights]US to enhance crypto tax enforcement for infrastructure bill
The global crypto-market cap was at $1.67 trillion with a 3.0% increase over the last 24 hours. Most altcoins were trading in the green and noted an increase in their own market capitalizations too. XRP’s movement on the chart remained quite bullish. TRX too noted an upside, with 6% gains over the last 24 hours. […]
The average daily average volume for XRP doubled to $4.49 billion in Q2 2020 from $2.26 billion in the previous quarter, according to Ripple’s Q2 XRP Markets Report. “Notably, XRP volumes posted four of the highest volume days ever recorded.” The quarterly report gives a summary of the company’s market data reports, observations, market conditions, […]
Cryptocurrency exchange Phemex has announced it is hosting an Olympics competition for traders. The competition will give traders a chance to earn rewards based on their trading volume and return on investments (ROI). The competition is scheduled to start at the end of July on the 30th. Kick-off time has been placed at 8 AM UTC. The Olympics will run for two weeks until August 13th at 8 AM UTC. Check the Phemex Olympics website to register and monitor your progress. Phemex has decided to take a page from the playbook of the Tokyo Olympics, which was recently kicked off. They’re giving their own “players” a chance to win prizes in their own sport of crypto trading. Traders will be ranked according to their trading volume and speed of achieving a certain ROI. Participants in the competition only need to sign up for Phemex and meet the requirements for enrollment. Phemex Olympics Trading Competition Rewards The Phemex competition is divided into two categories. Based on which requirements they meet, users can participate in one or both categories of the Phemex Olympics. These categories include weightlifting, ranked by highest trading volume at the end of the event, and sprinting, based on who can reach 500% ROI the fastest. Weightlifting competitors will be rewarded based on the following table: Prize/Participants <250 250-500 >500 Rank 1 10,000 USD 12,500 USD 20,000 USD Rank 2 5,000 USD 7,500 USD 10,000 USD Rank 3 3,000...
In commiseration of the Tokyo Olympics, which started July 23rd, Phemex brings their own version of the Olympics. The Phemex trading Olympics values align with those of the actual Olympics, which accepts people of all walks of life. Integrating sports and crypto trading, Phemex presents the “Phemex Olympics: United Through Trading.” The Phemex Olympics: United […]
To be at par with legacy payment processing systems blockchains need to achieve high scalability without compromising on their security
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum’s latest hike above $2300-$2400 saw the price finally break north of its horizontal channel after three attempts since 22 June. While this was an important bullish development, one that reinforced ideas of a […]
Recent events mean that a Q4 "blow-off top" is now back on the menu as BTC price recovery clings to its 23% weekly gains.
In 2021, cryptocurrencies and blockchain have already captured the entire public space. They are now integrated into all spheres of life, finance, business, and attract even the most distant people from fintech and financial markets. At least, any Internet user feels this way, and this is not far from the truth. What was discussed only […]
Blockchain-based metaverse platform Dvision Network announced a collaboration with leading nonfungible ecosystem provider Enjin. As part of the development, Dvision will deploy Enjin’s APIs to connect its metaverse to five different blockchains. More options for Dvision Network users with Enjin collaboration Dvision revealed more details of the collaboration in a blog post on its Medium […]