Bitcoin Whale Wealth Control Highlights Currency Centralization: Report
New research has shed more light on the amount of Bitcoin held by just a fraction of a percent of addresses.
Jack Dorsey Addresses Why He is Not into Ethereum
The former CEO of Twitter, Jack Dorsey, outlined why he has focused on Bitcoin instead of Ethereum or other blockchain networks.
GateIo’s $2M Global Futures Trading Competition Is Live
[PRESS RELEASE – Singapore, Singapore, 16th December 2021] As one of the biggest trading competitions worldwide, GFTC hopes to bring together crypto enthusiasts from all over the world. Early bird registration starts on Dec. 15, 2021. Register here. Gate.io’s first Global Futures Trading Competition (GFTC) will be officially open for early-bird registration on Dec. 15, […]
3 Good Reasons why you should Invest in PancakeSwap Crypto
PancakeSwap is a decentralized exchange (DEX) that still offers extreme growth potential in the future. Low fees and high liquidity make the platform look extremely attractive. The trend towards decentralized financial products (DeFi) and the large user base make PancakeSwap an extremely interesting product. Let’s talk in this article about why Pancakeswap crypto is a good investment option by laying 3 strong pillars in the Pancakeswap infrastructure.
#3 PancakeSwap has Low Fees!
PancakeSwap was developed on the Binance Smart Chain. For this reason, the fees for the decentralized exchange are much lower than for the large competitor Uniswap. Uniswap is based on the Ethereum blockchain. Due to a certain stagnation in Ethereum and the rather slow adoption of proof-of-stake, the transaction fees increase significantly.
PancakeSwap has much more moderate fees at 0.2%. This allows more transactions to be carried out and investors receive higher profit margins. Because of the extremely low fees, PancakeSwap has built a very enthusiastic community that supports the project loudly.
#2 Attractive Staking Options
Staking, the provision of your own tokens to support the validation process of transactions and the provision of liquidity, is one of the main features of decentralized exchanges. Through staking, investors can acquire high annual returns on the right decentralized stock exchange.
On PancakeSwap, 16 tokens are now available for staking within the network. The staking pools on the platform offer annual returns of up to 72%. The pools are not just classic liquidity pools, they also offer high returns. The token CAKE not only serves as a governance token but can also be stacked.
#3 High Liquidity
One of the great advantages of the Binance Smart Chain is its high liquidity. PancakeSwap has the highest daily user base of any decentralized application and continues to have the fourth highest market volume. Thanks to this high and, above all, active user base, liquidity on the platform can be continuously secured.
The token CAKE has an extremely high volume, which helps investors tremendously when deciding to stake. In addition, it is extremely easy to invest in the CAKE and to sell again when it is profitable.
If you want to buy CAKE, stop by the Binance or Coinbase exchanges!
The post 3 Good Reasons why you should Invest in PancakeSwap Crypto appeared first on CryptoTicker.
Footprint Analytics: A quick look at SocialFi
The social DAO Friends with Benefits began raising funds in the first half of 2021 and, as of early September, completed a $10 million funding round at a valuation of $100 million.
The post Footprint Analytics: A quick look at SocialFi appeared first on CryptoSlate.
Ethereum (ETH) Bounces Back to Trade Above $4K Barrier
Ethereum’s consolidation may last until mid-2022. Cowen says that Ethereum has been consolidating since early 2021. Ethereum (ETH) has gained
The post has appeared first on thenewscrypto.com
The post Ethereum (ETH) Bounces Back to Trade Above $4K Barrier appeared first on CoinRegWatch.
Ethereum-based liquid staking solution Lido announces the integration of Chainlink Price Feeds
Ethereum‘s largest staking platform, Lido, recently announced adopting stETH/USD Chainlink Price Feed.
The post Ethereum-based liquid staking solution Lido announces the integration of Chainlink Price Feeds appeared first on CryptoSlate.
FTX US Partners With Monumental Sports Entertainment, Gets Exposure to 4 New Sports Teams
FTX continues its path toward the sports world as it signed a partnership with Monumental Sports Entertainment (MSE) on Monday. The deal makes it so FTX US will be MSE’s exclusive crypto exchange and non-fungible token partner. FTX and Monumental Sports Entertainment to Collaborate Monumental Sports Entertainment (MSE) announced on December 20, that the organization […]
Coinbase CEO Brian Armstrong Allegedly Sabotaged a Startup To Benefit His Own Project, Blockchain Accelerator Firm Says
Blockchain accelerator MouseBelt is suing the CEO of Coinbase, Brian Armstrong, for sabotaging Knowledger in order to launch his own project: ResearchHub.
TRON TRC20 exchange SunSwap rolls out V2 upgrade
SunSwap, a decentralized application on TRON for exchanges between TRC20 tokens, recently announced it has officially rolled out an upgrade with the brand-new SunSwap V2. There have been a series of improvements implemented based on the swap and liquidity mechanism, with V2 featuring the following modifications: Users do not need TRX as an intermediary to […]
The post TRON TRC20 exchange SunSwap rolls out V2 upgrade appeared first on CryptoNinjas.