The first {digita}l token offered by the [largest] bank in Southeast Asia

The first digital token offered by the largest bank in Southeast Asia

The Bank of Singapore on Monday announced its first digital token on its central bank's decentralized digital exchange.

 The digital token offered is a private token and is the sole supplier of the Central Bank of Singapore.

 The details of the supplied token are as follows:

This paves the way for digital currency issuers and customers to decentralize exchanges so they can access digital financial markets to meet their financial needs. It also paves the way for the production of other digital tokens. It paves the way for decentralized exchanges and this will become commonplace.

This is just the beginning of a lot of work to be done in the future, said Clifford Lee, chairman of Singapore Central Bank Fixed Income.

 This shifts the money supply from the traditional mode to a digital ecosystem, allowing currency exporters and investors to interact more and develop faster.

It should be noted that the Central Bank of Singapore acknowledged that the country's digital exchange has attracted a lot of public attention since its launch, adding that the amount of capital invested has increased about 10 times since the first week of supply.

Coinbase and PayPal are collaborating

Coinbase and PayPal are collaborating

Coinbase  Exchange officially announced its partnership with PayPal in the United States. As a result, users of the Coinbase cryptocurrency exchange in the United States can now purchase their favorite cryptocurrencies through the PayPal payment gateway. This is really good news for all PayPal and Coinbase users.

However, the Coinbase and PayPal merger service is currently only available in the United States. The cryptocurrency exchange is still considering expanding its partnership with PayPal to other parts of the world.

Coinbase stated:

"We now offer millions of users in the United States a quick and easy way to buy cryptocurrencies on Coinbase via credit cards and bank accounts connected to PayPal. "

"It is very easy to buy and pay for cryptocurrencies using the PayPal payment gateway," Coinbase said. "If you have a PayPal account, you can start trading on Coinbase immediately, and you no longer need to add bank accounts or card numbers directly to CoinBase."

Verge cryptocurrency Wednesday, April 28

Verge cryptocurrency Wednesday, April 28

The verge cryptocurrency has been improved based on the original bitcoin and aims to achieve the best business way to conduct direct transactions with respect to the privacy of individuals.

verge is designed for everyday use.

Distinctive features of verge

1) Verge uses several anonymous networks such as TOR and I2P. Blocks users' IP addresses and its transactions are undetectable.

2) Verge is not a private company funded by mining coins or ICOs. All development and marketing is supported by thousands of community members.

3) Trading speed is very fast compared to other coins. Simple SPV payment technology allows trading time to be reduced to 5 seconds.

4) The verge development team is very active and is always in close contact with the community and the people who use Quinn. So you can easily access the original developers for support or new ideas about verge.

5) This system offers a wide range of secure wallets for several operating systems. The Tor Android Wallet application has created a revolution among the wallets offered in the Android system.

6) The verge currency is decentralized and based on an open source platform and there is no central control over the coins. This currency has seen a tremendous price increase.

And in the future it will play a decisive role among digital currencies, and forecasts continue to testify to the further growth of this currency.

An overview of the cryptocurrency market Monday, April 26

An overview of the cryptocurrency market Monday, April 26

$ 6,000 price increase for Bitcoin in a matter of hours

The past few days have not been good days for the market's first cryptocurrency. Bitcoin fell from over $ 55,000 to about $ 47,500 in a matter of hours on Friday.

Despite the slight improvement in the price of this currency over the weekend, Bitcoin failed to fully offset the losses. The latest price rejection has pushed the cryptocurrency down again. As a result, BTC fell more than $ 3,000 to $ 47,000. This is the lowest price level since early March.

At this point, however, the cows took control and pushed bitcoin to higher levels. Eventually, within a few hours, the asset rose above $ 50,000 to about $ 53,000.

With this dramatic increase, the market value of BTC again approached the $ 1 trillion mark. However, the currency still dominates the cryptocurrency market by about 50%, the lowest level in 33 months.

Ascent of Altcoins

Over the past week, alternative coins have gone through the same difficult days as bitcoins. However, since yesterday, with a slight price pump, these altcoins have started to improve. Ether (ETH) fell below $ 2,300 yesterday, but rose double-digit to $ 2,500 again.

Bainance Quinn, which fell below $ 500, has risen more than 12 percent in the past 24 hours and is currently around $ 550.

Ripple (11%), Cardano (9%), Polkadot (12%), Uniswap (20%), Litecoin (8%) and Chainlink (11%) are also green. The Dodge Quinn is the only exception to the bullish market today. This currency has been accompanied by a slight decrease and has reached about 0.26.

Polygon (33%), Voyager Token (27%), Theta Fuel (26%), PancakeSwap (25%), UMA (24%), Phantom (23%), THETA (22%), Aave (21%), Dent (20%), Horizen (20%) and Arweave (20%) are other bullish altcoins on the market.

The value of the cryptocurrency market has increased by more than $ 200 billion since yesterday, but it is still about $ 30 billion away from the $ 2 trillion mark.

The reason for the usefulness of the Polkadot network

The reason for the usefulness of the Polkadot network

Clearly, we live in a centralized world today, and large organizations and corporations receive our data and information in exchange for providing their services and programs. The importance of this data and information is greater than the importance of crude oil, which is why new technologies such as the Chinese blockchain are becoming so popular today.

In fact, the Chinese blockchain wants to return control of data and privacy to individuals, so that individuals do not have to trust third parties.

The Polkadot network is a next-generation Chinese blockchain protocol that connects a network of blockchains and allows them to operate continuously. Polkadot allows the transfer of any type of data between different types of blockchains and therefore displays a wide range of real-world applications.

The Polkadot network brings together the advantages of different Chinese blockchain networks and provides the space for the emergence of a decentralized market. In this market, services can be accessed in a fairer way. The Chinese bloc, despite its many capabilities, has not yet gained widespread acceptance. Polkadot has certain advantages and tries to make the Chinese block more popular. Advantages of the Polkadat platform include heterogeneous sharding, scalability, scalability, transparent management, and interchain compatibility.

Multiple chains in a network

In fact, the Polkadot network here acts as a platform that connects different specialized blockchains, and through this network, all of these blockchains can be accessed.

Polkadot, through its heterogeneous sharding model, can gather a large number of chains in its network and provide interaction and communication between them. This network enables blockchains to process transactions and exchange data between each other, and Polkadot also provides the necessary security for this purpose. Each chain can have its own specific and specialized function in this network and this network does not prevent the specific functions of different chains in any way. Having many chains in this network that can do their job professionally can mean innovations and new applications.

In fact, today, a Chinese block alone is not the answer, which is why the idea of ​​Polkadot is a clever one. The old blockchains faced many scalability problems and processed transactions one by one. The Polkadot network has used its own scaling technology to solve the scalability problem and is going to solve this problem even more in the future by using the nested relay chain design. In this way, the number of chips added to the network increases.

 Guarantee the future of Polkadot

We have all used different software and programs and we know that these software and programs need updating and debugging. Blockchains also behave this way and need to be updated. Updating the blockchain is difficult and requires a fork.

Sometimes we need to do a hard fork to upgrade a blockchain, which can separate members of a community. We all remember the Bitcoin hard fork and the separation of the bitcoin cache, and we know that members of the two communities are still rhetorical and critical of each other.

Updating blockchains takes a lot of time, and sometimes it takes months to complete an update. However, the Polkadot network makes updates easy and fast, and you do not need to fork to do these updates. Polkadat, using its transparent management system, has been able to achieve this important goal and create this huge change.

That said, Polkadot helps various projects stay agile and up-to-date, and greatly reduces the risk of controversial hard forks. These hard forks were a serious barrier to the entry of many large organizations and companies into the Chinese blockchain space, which the Polkadot network has removed.

An overview of the cryptocurrency market Saturday, April 17

An overview of the cryptocurrency market Saturday, April 17

Bitcoin recovers the $ 62,000 balance

After the last record set earlier this week at $ 65,000, the market's top cryptocurrency reversed its trajectory and gradually declined.

As we reported, Turkey will ban the use of digital assets as a means of payment. Following the news, the market price of the first cryptocurrency fell more than $ 4,000.

This led to a daily price drop of more than $ 60,000 (on Bitstamp). However, the cows regained control and did not allow the price to fall below this level. On the contrary, BTC has jumped around $ 2,000 since then and is now above $ 62,000.

Technical indicators suggest that the first barriers to bitcoin resistance are at $ 62,500, $ 63,766 and the $ 65,000 record. Conversely, if the price falls, the asset could rely on support levels of $ 61780 and $ 60,000.

 

Bitcoin Cash returns to the top 10 currencies

Most replacement coins in the market mimicked yesterday's BTC performance with a significant decline. However, today they are mostly in the green space. Atrium fell more than $ 150 yesterday, but jumped 3% to its $ 2,500 record.

 

Bainance Quinn, which closed its 15th quarter token burning yesterday, fell below $ 530. However, BNB has grown by more than 5% and is now trading at around $ 540. Ripple (1%), Cardano (2%), Polkadot (2%) and Uniswap (1.5%) are also green. LightCoin and ChinaLink rose 13 percent and 6 percent to $ 323 and $ 43, respectively.

 

Dogecoin continued its impressive performance and is now trading above $ 0.3. Yesterday, this popular Meem Quinn reached more than $ 0.4 and its highest historical record.

Bitcoin Cache also showed the best performance among high-value cryptocurrencies with a dramatic 25% increase in 24-hour timeframes. As a result of these developments, BCH re-entered the top 10 currencies in the market with a price tag of $ 1,150.

 

Siacoin (76%), Nano (70%), Ethereum Classic (50%), Verge (45%), Vechain (41%), DigiByte (35%), Neo (20%), Ankr (20%) and Zilliqa (20%) have also been bullish today.

Finally, the cumulative market value of total cryptographic assets has increased by $ 100 billion since yesterday.

Polygon and Aave partner to launch $ 40 million cash extraction

Polygon and Aave partner to launch $ 40 million cash extraction

Polygon has partnered with Aave to launch a liquidity extraction program for the scalability and growth of the Defy world in Atrium. The program will use 1% of MATIC network resources worth about $ 40 million.

It should be noted that Aave is an emerging Defy platform valued at more than $ 6 billion. Polygon, on the other hand, is a leader in providing Difai solutions that has worked with many of Difai's leading projects. For example, Polygon has worked on projects such as Polymarket, Sushiswap and InstaDapp.

In fact, Polygon intends to help address some of the weaknesses that currently limit the efficiency of transactions in the Atrium network. In particular, Atrium is grappling with scalability constraints that have led to high density and high cost of smart contract management platforms.

Astani Kolchov, founder and CEO of Aave, commented on the partnership:

"If the defense is great, but limited to five-digit and higher securities, it will neglect its mission of financing everyone. "Polygon makes this possible and makes Defy available to a wider audience around the world."

However, the challenges facing the Atrium network act as a reflection of the platform's popularity. To date, Atrium supports at least 200 decentralized applications, 15 million transactions and more than 300,000 wallet addresses.

Therefore, the collaboration of Polygon and Aave is crucial to help increase the scalability of the atrium and make the diff available to all. However, to achieve this goal, both have committed to a two-phase strategy.

In fact, the 1% supply of MATIC will be split evenly between the two phases. The first stage will run from today, April 14 (April 25) to June 14, 2021 (June 24) at 12:00 local time. Subsequently, the second phase will take place from June 14 (June 24) to April 13, 2022 (April 24, 1401), both at 12:00 local time. It should be noted that each phase will include about $ 18 million in bonuses.

It will also be supported by Polygon Decentralized Exchanges, including Quickswap and ComethSwap. These two decentralized exchanges dedicate part of their tokens to setting up farms for Aave Receipt Tokens. Comes Swap is also working on extracting triple liquidity to create an extra layer of space for Polygon users.

Chiliz Analysis (CHZ) Wednesday, April 14

Chiliz Analysis (CHZ) Wednesday, April 14

The price of Chiliz is currently trading above the $ 0.5 price level inside a continuous bull pattern known as the bull bullion (bullish). Such technical formation caused a jump in the market value of Chiliz and the creation of a flagpole pattern.
This process continued slowly, leading to the creation of a sloping, downward canal.

The decisive closing of the price above the upper border of the flag with the price of $ 0.523 announced the beginning of a 94% bullish (bullish) rally. By adding the height of the flagpole to the breaking point of the upper boundary, the $ 1.01 target is reached.

If traders can not restrain the Chilean uptrend, the currency could rise to the Fibonacci level of 127.2% at $ 1.61.

According to the IOMAP chart, it will not be easy to continue the uptrend because cows have a difficult path ahead of the currency traders.

Over 12,400 addresses bought 946 million Chiliz for $ 0.49 to $ 0.53. Everyone wants to sell. So any new trade in the short term may hit the opposite target because some investors want to lower prices.
Therefore, reversal by any of these price levels in this range may reduce the chill to support areas.

If sellers bring the price of Chiliz below $ 0.39, the downtrend will be key, as it indicates a move below the flag pattern.

If this scenario continues, Chiliz could initially drop 13% to $ 0.345, the first support level. Otherwise, the cryptocurrency will move to the level of 61.8% Fibonacci at $ 0.24.

US companies have bought 13,000 bitcoins for $ 48,000 at Coinbase

US companies have bought 13,000 bitcoins for $ 48,000 at Coinbase

Ki Young Ju, chief executive of data company CryptoQuant, announced on Twitter that 13,000 bitcoins had left the US exchange Coinbase.

He said the bitcoins had been bought by US financial institutions and that they were buying more and more bitcoins, despite the recent price correction.

At an average price of $ 48,000 per bitcoin, the value of the 13,000 bitcoins purchased is about $ 624 million.

He mentioned in the tweet that he bought $ 624 million worth of bitcoins and said that with the price of bitcoins reaching $ 51,000, the value of their purchase reached $ 668,244,200, which gave the owners of these bitcoins a profit of $ 42 million in just a few The clock is given.

He called the purchase a very positive signal for Bitcoin.

Tweet translation:

"13,000 bitcoins left the Coinbase exchange in just a few hours. These bitcoins appear to have been transferred to several Custody wallets. US corporate investors are still buying bitcoin for $ 48,000. This is the strongest bullish signal I have ever seen. "

As previously reported on the Holakouee Academy website, Coinbase's large exchange stock is to be listed directly by the US Securities and Exchange Commission.

The stock will be traded on Nasdaq under the COIN subset. Strangely enough, in the S-1 form of this exchange, Satoshi Nakamoto is mentioned as the designated recipient of this exchange.

The exchange also revealed that it has used bitcoin and other digital assets in its financial accounts since 2012.

The price of Bitcoin has reached $ 51,000 with the announcement of the listing of the exchange's shares in the US stock market.

An overview of the cryptocurrency market today Saturday, February 7

An overview of the cryptocurrency market today Saturday, February 7

After another jump that pushed the BTC to $ 41,000, the cryptocurrency traded below $ 40,000. The value of the cryptocurrency market also reached a slump above $ 1.2 trillion.

Bitcoin touched the $ 41,000 level

After Monday's price drop, the price of Bitcoin was gradually rising until it exceeded the $ 37,000 level. Following this move, the cows raised it above $ 40,000.

In addition, Bitcoin touched the $ 41,000 price level. Thus, the market's top cryptocurrency was just $ 1,000 away from its record 42,000 (approximately 2%).

At this point, the bears took action and did not allow the currency to move further. On the contrary, BTC returned to the daily low of $ 38,000. However, since then, with a slight improvement in price, it has returned to the level of $ 39,000.

Technically, BTC still has to cross the $ 40,000, $ 40,735 and $ 41,000 resistance lines to challenge the $ 42,000 level. Conversely, support levels of $ 38,550 and $ 38,000 could help if prices fall again.

Cardano's new record

In the last few days, most alternative coins have been so successful that they have set new records for currencies such as Atrium, Polkadat and Binance Coin. As a result of these developments, the total value of the cryptocurrency market also reached a record $ 1.220 trillion.

However, the situation has changed somewhat in the last 24 hours. Atrium has dropped more than 2% and is currently trading below $ 1650. Bitcoin Cash (5%) also fell below $ 460. China Link (4-%), Polkadat (2-%) and LightQueen (4-%) are also red today. While BNB and XRP have made small gains.

In addition, Cardano showed the best performance among the top 10 currencies in the market with a significant increase of 23%. As a result of this move, the ADA has reached $ 0.67, which is the highest price for the currency code in the last 3 years.

Decentraland (30%), Dogecoin (21%), Quant (16%), Avalanche (16%), Huobi Token (14%), Elrond (14%) and Decred (13%) have all experienced double-digit price growth. .

Vs. Nexo (-11%), FunFair (-10%), Alpha Finance Lab (-10%), 0x (-9%), Ampleforth (-8%) and Ren (-7.5%) a significant percentage of They have lost their value.