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EXCLUSIVE: As Bitcoin Soars, Centralized Exchanges Open Doors For New Talent — DeFi Sees No Major Shift In Hiring Strategy For 2024
Thursday, March 7, 2024 - 11:58pm | 918As Bitcoin (CRYPTO: BTC) enters a bull run, reaching $69,000—a level unseen since November 2021—crypto exchanges are coming back to life, ending hiring freezes, and reversing layoff trends that have loomed over the past two years. At the beginning of 2023, cryptocurrency exchange...
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New DEX Ruler In Town: dYdX Takes Over Uniswap With $757M Daily Volume
Thursday, January 18, 2024 - 4:09am | 386The decentralized exchange, dYdX (CRYPTO: ETHDYDX), has outperformed Uniswap (CRYPTO: UNI), becoming the dominant decentralized exchange (DEX) by daily trading volume. What Happened: As per a CoinDesk report on Sunday, data from CoinMarketCap reported that dYdX, which migrated from Ethereum (...
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What's Fueling The 20% Surge In dYdX Token Today?
Thursday, November 16, 2023 - 12:29am | 398DYDX (CRYPTO: ETHDYDX), the native token of the dYdX chain, has witnessed a sharp increase of over 20% in value in the last day. What Happened: This price rally occurs with anticipation building as a massive token unlock date approaches for early investors and core team members in just 16...
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'Give Up Serving US Customers For Now': Crypto Exchange Founder Sparks Debate On Strategy
Monday, August 28, 2023 - 11:45am | 625Antonio Juliano, the founder of the decentralized exchange dYdX, has sparked a conversation in the crypto community with a series of tweets emphasizing the potential advantages of focusing on markets outside the United States. Juliano's perspective comes amid growing concerns about the...
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dYdX Launches Public Testnet On Cosmos In Major Shift From Ethereum
Wednesday, July 5, 2023 - 5:21pm | 419Decentralized exchange dYdX has taken a significant step towards migrating from its current Ethereum (CRYPTO: ETH)-based platform by launching its public test network on Cosmos (CRYPTO: ATOM). The testnet allows users to execute market orders, create private keys and set limit orders with...
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DeFi Token Blows Past Bitcoin, Ethereum Gains With 30% Surge After Governance Tokens Issue
Wednesday, February 1, 2023 - 1:57am | 285Decentralized exchange dYdX’s native token DYDX (CRYPTO: DYDX) is rallying over 30% in the last 24 hours, surpassing Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) gains. What Happened: At the time of writing, DYDX was trading at $3.174. Apex crypto above $23,000, up 1.2% and ETH at $1,584 up...
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Bitcoin, Ethereum, Dogecoin Lead The Crypto Market Higher But Inflation Worries Remain
Wednesday, September 29, 2021 - 9:38pm | 627Bitcoin (CRYPTO: BTC) and other large coins traded in the green as the global cryptocurrency market capitalization rose 2.57% to $1.85 trillion on Wednesday night. What Happened: BTC traded 3.27% higher at $42,872.65 over 24 hours. For the week, the apex cryptocurrency has declined by 1.2%. Read...
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Popular Crypto Trader Says While Bitcoin Takes A Nap, These 2 DeFi Coins Show Great Upside
Tuesday, September 28, 2021 - 6:41am | 814Apex cryptocurrency Bitcoin (CRYPTO: BTC) is likely to see more choppy trading, while decentralized finance (DeFi) tokens Avalanche (CRYPTO: AVAX) and dYdX (CRYPTO: DYDX) continue to trend higher, according to pseudonymous cryptoanalyst “Altcoin Sherpa.” What Happened: Altcoin...
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Fintech Focus For June 16, 2021
Tuesday, June 15, 2021 - 6:28pm | 2518Quote To Start The Day: "[By] Labor Day, I'll be very disappointed if people haven't found their way into the office and then we'll have a different kind of conversation.” Source: James Gorman One Big Thing In Fintech: The most fundamental problem in financial services is...
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Fintech Focus For May 10, 2021
Sunday, May 9, 2021 - 3:06pm | 1537Quote To Start The Day: “The world is a book and those who do not travel read only one page.” Source: St. Augustine One Big Thing In Fintech: While recent information could indicate that some of the most lucrative trading activity at companies like Robinhood could be slowing, there...
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Fintech Focus For April 7, 2021
Tuesday, April 6, 2021 - 6:46pm | 2410Quote To Start The Day: An unexamined life is not worth living. Source: Socrates One Big Thing In Fintech: Fidelity Investments, Square Inc. and several other financial firms are forming a new trade group that aims to shape the way bitcoin and other cryptocurrencies are regulated. Source: WSJ...
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Fintech Focus For February 25, 2021
Wednesday, February 24, 2021 - 10:06pm | 1647Quote To Start The Day: Technology is the best enabler of banking the unbanked. Source: Sultan Meghji One Big Thing In Fintech: An outage at the Federal Reserve is creating settlement issues for many financial institutions and exchanges. The Fed's service status page shows that most of its...
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Fintech Focus For February 23, 2021
Monday, February 22, 2021 - 8:15pm | 2037Quote To Start The Day: “Bitcoin prices have continued their meteoric rise with Tesla, BNY Mellon and Mastercard’s announcements of greater acceptance of cryptocurrencies,” JPMorgan said in a research note last week. “But fintech innovation and increased demand for digital...
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Fintech Focus For August 26, 2020
Tuesday, August 25, 2020 - 7:02pm | 2533Quote Of The Day: Nobody wants to fly across the country for a two hour meeting when you can do it just as well on Zoom. - James Altucher Fintech Movers: The main challenge Central American fintech faces is a lack of tech infrastructure and knowhow. That’s why social impact funds are...