News
The firm behind the Gutter Cat Gang NFTs said “niche technical issues” prevented the GANG tokens from launching on ApeChain on March 31, as initially planned.
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Liquidity News
In the cryptocurrency market, liquidity fundamentally refers to how simple it is to exchange one coin for another (or government-issued fiat currencies). Order books, similar to those seen on a stock market, are one method to achieve liquidity. Here, buyers and sellers of assets enter orders, detailing the price and quantity they are willing to pay for the asset they wish to acquire or sell. The asset’s price is then determined by an exchange, such as a centralized exchange, matching buy and sell orders.
A market maker, an agent who is always prepared to purchase and sell specific assets, can be used as an alternate method of supplying liquidity to the market. For example, decentralized finance (DeFi) has centralized exchanges that serve as market makers, like Binance (a company). However, a decentralized counterpart that replaces a centralized market maker is one of the intriguing features of DeFi. For instance, tokens can be swapped using a decentralized exchange (DEX) like Uniswap rather than a centralized exchange.
Furthermore, to establish a liquid DeFi system, liquidity pools are important. In order to have enough funds in a liquidity pool, liquidity providers (LPs) are needed, who put a large sum of money into the pool. Because liquidity providers help the protocol provide liquidity, they receive a reward in return. This reward is generated by the transaction fees, which are paid by the pool’s users.
- Markets News
Bitcoin lost a key price support today, and one analyst says liquidity conditions forecast another BTC price drop to $72,000.
9283 - Analysis
The meltdown of the JELLY token on Hyperliquid is the latest DeFi exploit in a year already riddled with hacks.
1997 - News
The unknown whale netted at least $6.26 million from the Hyperliquid exploit and still holds over 10% of the total supply.
3960 - Opinion
DeFi needs to move from inflationary token emissions and to sustainable yield models to build lasting value and achieve mainstream adoption.
1859 - How to
Detecting crypto liquidity traps is important before it is too late, or your crypto investments will fall prey to market manipulation.
1955 - Explained
Understanding the distinction between tax season and tax year is crucial for managing deadlines and avoiding penalties.
- News
Binance froze the market maker’s proceeds after detecting that it sold 66 million MOVE tokens and provided “little” in buy orders.
3701 - Opinion
BTCfi is set to surge. Bitcoin DeFi cannot be ignored. Sidechains will bring new use cases and opportunities without compromising the base layer’s integrity.
3878 - Opinion
Crypto’s reliance on layer-2 solutions may be a double-edged sword, threatening decentralization and security while recreating traditional financial inefficiencies. Is the pursuit of scalability undermining blockchain’s core principles?
1690 - News
The missing $1.5 billion may still not have been enough for 3AC to cover creditor claims before the $10 billion crypto hedge fund’s collapse in 2022, Nansen analysts told Cointelegraph.
5261 - News
ZKsync has canceled its liquidity rewards program “Ignite,” citing bearish market conditions.
4339 - News
Crypto firms push for stricter rules on politically endorsed tokens after the $4 billion Libra collapse, citing liquidity locks and insider trading restrictions as solutions
4170 - News
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge.
2152 - Explained
Bitcoin is a volatile digital asset, gold is a stable physical store of value, and oil is a key energy resource with geopolitical risks.