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Sylo Smart Wallet Releases In-App dApp Browser

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Sylo, a “decentralised communication network with the performance and scalability to support millions,” has just released an in-app browser based on Web 3.0 to ensure users can interact with more Ethereum dApps, according to a press release from the group.

This browser is based in Sylo’s Smart Wallet applications, which was requested by over 250,000 of their community members.

Speaking on the matter is Ben Jordan, the co-founder and product director of Sylo, who had said:

“Listening to what our users want is really important to us. We’re ‘user-first’ all the way. It’s been a request for some time both within Sylo Smart Wallet users and the larger decentralised community to have better access to more decentralised experiences and more ways to spend cryptocurrencies. A Web3 browser was a logical addition for us, it just made sense. We hope our users enjoy it.”

This app has only been on the market for six months, but the company is already answering to fan demand quite a bit. On top of this, the group has recently partnered with Centrapay to ensure users can spend Bitcoin at smart vending machines.

Source: https://insidebitcoins.com/news/sylo-smart-wallet-releases-in-app-dapp-browser

Blockchain

Coinbase Applies to the National Futures Association for Trading Crypto Futures

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Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.

Coinbase, the largest cryptocurrency exchange in the United States, submitted an application to become a registered futures commission merchant (FCM) with the National Futures Association (NFA) on Wednesday. The registered company is named “Coinbase Financial Markets Inc.”

Coinbase confirmed on Twitter today, stating that this move is aimed at further expanding the crypto economy, and saying that:

“This is the next step to broaden our offerings and offer futures and derivatives trading on our platforms.”

Reportedly, Coinbase becomes a member of the FCM approved by the NFA and needs to be approved by the U.S. derivatives regulator, the Commodity Futures Trading Commission.

For a long time, the cryptocurrency derivatives market has become a rapidly developing market. Most well-known cryptocurrency exchanges, including Binance, OKEx, FTX, etc., provide investors with options and futures trading options. Coinbase is no exception.

According to CoinGecko’s data, the market for cryptocurrency derivatives has reached $2,287,884,826,880, and more than $133 billion transactions have been processed in the past 24 hours.

Market leader crypto exchange Binance leads in 24-hour open interest, with open interest exceeding $10,000 million, far out of the second place FTX exchange (Derivatives) with 24-hour open interest holdings at around $7,000 million.

Due to regulatory uncertainty, many US exchanges are staying away from this fast-growing market.

A few days ago, Coinbase also issued a $1.5 billion aggregate principal amount of its Senior Notes to potential investors to the public.

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Source: https://Blockchain.News/news/coinbase-applies-to-the-national-futures-association-to-trade-crypto-futures

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Blockchain

Dogecoin Price to fuel up for a skyrocket soon! Will DOGE Price to hit $0.30?

dogecoinprice

The post Dogecoin Price to fuel up for a skyrocket soon! Will DOGE Price to hit $0.30? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

The broader crypto market looks bullish today with BTC at $48,400 level and Ethereum back above $3,500. Following the trend are the famous memecoins Dogecoin and Shiba Inu which has surged by 2.1% and 2.5% respectively. Steering clear of the support at $0.230, Dogecoin started an ascent towards next levels. It is now trading at …

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The broader crypto market looks bullish today with BTC at $48,400 level and Ethereum back above $3,500. Following the trend are the famous memecoins Dogecoin and Shiba Inu which has surged by 2.1% and 2.5% respectively.

Steering clear of the support at $0.230, Dogecoin started an ascent towards next levels. It is now trading at a 24 hr high of $0.246 up by 2.2% in the last 24 hours according to Coingecko.

However, it is now expected for Doge to correct before starts another leg up. A plunge to $0.213 support level is being predicted. Although, following the decline, the token would be fueled for a skyrocket.

DOGE is expected to rise to $0.308 regardless of where it bounces off. This ascent, however, is not without difficulties.

If the Dogecoin price starts its fresh leg-up from $0.230, it will run against resistance at $0.256 and $0.268. If these ceilings are turned into platforms, a retest of $0.308 will be possible.

Further, Increased buying pressure could boost the meme-themed cryptocurrency to $0.308, or a 30% increase.

However, If DOGE fails to recover off the $0.230 support level, the price might possibly retest the $0.213 demand floor in a negative scenario. However, a break below $0.193 will result in a lower bottom, invalidating the bullish premise.

No more Musk effect for Doge!

On dogecoin, the Musk effect has faded. Tesla CEO Elon Musk recently shared a photo of a Shiba Inu dog he recently purchased. The price of dogecoin, on the other hand, was unaffected by the tweet. Instead, the value of dogecoin’s clones increased. 

The absence of a response from dogecoin to Musk’s comments contrasts with what happened in May, when the billionaire drove the coin to new highs of $0.75.

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Source: https://coinpedia.org/price-analysis/dogecoin-price-to-fuel-up-for-a-skyrocket-soon-will-doge-price-to-hit-0-30/

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Blockchain

Cardano Price to blast Out of Consolidation! Big Gains await for ADA Price

cardano price ATH

The post Cardano Price to blast Out of Consolidation! Big Gains await for ADA Price appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Cardano price has been hovering around a critical support barrier for almost a month and is beginning to coil up. This congestion might lead to a strong bullish breakout, propelling ADA to new highs. Between late November 2020 and early January 2021, Cardano’s price accumulated for about 38 days, followed by a 600 percent bull …

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Cardano price has been hovering around a critical support barrier for almost a month and is beginning to coil up. This congestion might lead to a strong bullish breakout, propelling ADA to new highs.

Between late November 2020 and early January 2021, Cardano’s price accumulated for about 38 days, followed by a 600 percent bull run. ADA rose from $0.10 to $1.20 as a result of this rally.

Since mid-August, the Cardano price has been in a similar consolidation phase to the one described above. If a similar pattern emerges and ADA breaks free of the congestion, it will set off an exponential rally.

The confirmation of this rally will come if Cardano prices close decisively above their all-time high of $3.10.

If ADA can reproduce one-fourth of the 2021 run-up, $6 is an achievable goal.

Bullish Factors to propel ADA Price smashes

The Alonzo upgrade 

On September 12, the long-awaited Alonzo upgrade was successfully implemented via a hard fork. This enhancement introduces smart contracts as well as a slew of new possibilities, all of which were eagerly anticipated.

More than 100 smart contracts have ran on the network in less than 24 hours, and the platform’s first decentralised application has already been launched.

ADA Lend

ADALend is an ADA-based lending platform that will enable a “new generation of flexible financial markets” by serving as a “foundational layer for quick loan approval, automated collateral, trustless custody, and liquidity.” 

Plutiswap

PlutuSwap Platform’s automated market maker (AMM), a decentralised exchange (DEX), is ready to debut on the Cardano platform. It seeks to create a standard for the ADA DeFi ecosystem, whether it’s in terms of UI/UX friendliness or the Cardano blockchain’s simplicity and stability.

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Source: https://coinpedia.org/price-analysis/cardano-price-to-blast-out-of-consolidation-big-gains-await-for-ada-price/

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Blockchain

Cardano Price to blast Out of Consolidation! Big Gains await for ADA Price

cardano price ATH

The post Cardano Price to blast Out of Consolidation! Big Gains await for ADA Price appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Cardano price has been hovering around a critical support barrier for almost a month and is beginning to coil up. This congestion might lead to a strong bullish breakout, propelling ADA to new highs. Between late November 2020 and early January 2021, Cardano’s price accumulated for about 38 days, followed by a 600 percent bull …

Published

on

Cardano price has been hovering around a critical support barrier for almost a month and is beginning to coil up. This congestion might lead to a strong bullish breakout, propelling ADA to new highs.

Between late November 2020 and early January 2021, Cardano’s price accumulated for about 38 days, followed by a 600 percent bull run. ADA rose from $0.10 to $1.20 as a result of this rally.

Since mid-August, the Cardano price has been in a similar consolidation phase to the one described above. If a similar pattern emerges and ADA breaks free of the congestion, it will set off an exponential rally.

The confirmation of this rally will come if Cardano prices close decisively above their all-time high of $3.10.

If ADA can reproduce one-fourth of the 2021 run-up, $6 is an achievable goal.

Bullish Factors to propel ADA Price smashes

The Alonzo upgrade 

On September 12, the long-awaited Alonzo upgrade was successfully implemented via a hard fork. This enhancement introduces smart contracts as well as a slew of new possibilities, all of which were eagerly anticipated.

More than 100 smart contracts have ran on the network in less than 24 hours, and the platform’s first decentralised application has already been launched.

ADA Lend

ADALend is an ADA-based lending platform that will enable a “new generation of flexible financial markets” by serving as a “foundational layer for quick loan approval, automated collateral, trustless custody, and liquidity.” 

Plutiswap

PlutuSwap Platform’s automated market maker (AMM), a decentralised exchange (DEX), is ready to debut on the Cardano platform. It seeks to create a standard for the ADA DeFi ecosystem, whether it’s in terms of UI/UX friendliness or the Cardano blockchain’s simplicity and stability.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coinpedia.org/price-analysis/cardano-price-to-blast-out-of-consolidation-big-gains-await-for-ada-price/

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