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The QuickSwap community has decided to split the platform’s native token, QUICK. Reacting to the upside in the last hour and past 7-days, QUICK could see more upside as the Polygon-based decentralized exchange moves to increase its level of adoption. Related Reading | QuickSwap Asks The Community, To Split or Not
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Decentralized exchange running on Polygon, QuickSwap has officially begun a voting process regarding QUICK. The platform’s native governance and utility token, QUICK holders will vote on rejecting or approving a process called “redenomination”. Related Reading | Why Polygon Will Implement Ethereum’s EIP-1559 Update If approved, the QUICK token will be “split” thus
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On a positive trajectory over the last 24 hours and moving along with the general sentiment in the market, Polygon decentralize exchange (DEX) QuickSwap could boost its fundamentals. According to a recent announcement, the project could split its native governance token QUICK. Related Reading | Polygon Token Price Analysis – New
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The European parliament earlier today postponed a vote on a package of crypto regulations. Original Source
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Decentralized finance (DeFi) and the control it gives users over their assets is one of the most applicable sectors of the cryptocurrency ecosystem, but the general public is still hesitant to interact with most DeFi products due to the steep learning curve and the possibility of losing funds.One decentralized exchange
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Solana has had an amazing past 2 years as it became one of the fastest growing altcoins; in 2022, we see how they are doing what many tokens couldn’t and won’t be able to do. Few fall in the same category as Solana, so let’s take a look at what’s taken
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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 token FWB soared from $17.69 to $190.69, an increase of 977%. In October, it received another investment
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“Bitcoin may continue to attract inflation hedges, but if pricing pressures trigger rapid rate-hiking action from the Fed, that could trigger a massive wave of risk aversion that would penalize cryptos,” wrote Edward Moya, senior markets analyst for the foreign-exchange broker Oanda. Source
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To some market commentators, Thursday’s price drop looked more like a short-term retreat than the beginning of a prolonged slide. Earlier this week, analysts told CryptoX they saw bullish indicators in price charts, touting predictions of $80,000, $86,000, even $100,000. Source
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Bitcoin may have a tough time charting a V-shaped recovery to recent highs in the short term, with on-chain activity showing increased selling pressure in the market.Blockchain analytics firm CryptoQuant’s exchange inflow indicator – which measures the 144-block (roughly 24-hour) average of mean bitcoin deposits across major cryptocurrency exchanges –
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