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ADA Finance, pioneering decentralized finance (DeFi) ecosystem which will operate on Avalanche initially, has successfully completed a rebrand, changing its name to Acta Finance (ActaFi). In addition to this rebrand, the ActaFi team has also been developing their own native Automated Market Maker (AMM) protocol, ActaFi Swap. The ActaFi team took the name ‘Acta’ from the Latin phrase ‘Acta non verba’, which translates to ‘deeds, not words’ reflecting the team’s focus on substantive development and community building within the crypto...
Russian crypto trading volumes sank after Binance blocked cards issued by Visa and Mastercard in the country. While Russian citizens still have access to crypto exchanges, it appears that sanctions on conventional payment systems are affecting their ability to trade. While most crypto exchanges have opposed blanket bans on Russian users, they have stopped accepting payments from sanctioned banks and services, limiting the channels through which Russians can invest in crypto. This has also made people wary of storing their...
Ninja Fantasy Trader is all set to become the world’s first financial NFT game operating across the metaverse. The game will provide its users a platform to play under the P2E mechanism, which would be processed and operated with the help of dedicated NFTs known as NFTraders or Samurais. Before Ninja Fantasy Trader makes a statement across the digital ecosystem with its state-of-the-art model, the game is all set to bring its first presale of 3000 Samurais on the...
The CEO of Ripple Brad Garlinghouse has revealed on social media he believes the fintech firm has scored a “huge win” after the firm’s general counsel Stuart Alderoty revealed the court denied the U.S. Securities and Exchange Commission’s motion to strike its fair notice defense. Per Alderoty, the...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice After testing its 20-month trendline support multiple times, the bears finally breached it in December last year. Since then, Stellar (XLM) has been on a swift decline between its southbound parallel channels (white). Now, a […] Source link
XRP price treads water on Monday as continued to trade lower for more than a month. XRP downtrend could see a bounce back as the price hovers near the critical support zone. Technical indicators remain neutral suggesting the price might consolidate further. XRP price trades with minute gains as manages to pause further declines Expect a bullish breakout as the price hovers inside a ‘Symmetrical’ triangle pattern. XRP is set for a bullish impulse near the critical support level.
ADA price consolidates near support levels with no signs of reversal. ADA opened lower but quickly move back to the session’s high. However, the altcoin failed to capitalize on the intraday gains as it slipped back into the negative zone. ADA price trades with modest gains after recent consolidation. A breakdown of the support level could test the sub $0.70 level. ADA is in a long-term downside trend since September 2. As of press time, ADA/USD is trading at $0.78, down 0.75% for...
Earlier today, Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, talked about when ADA HODLers can expect to see the next “large wave” of DApps. Hoskinson’s comments came in response to a tweet from Dr. Shweta, the...