These 2 DeFi Forks Take a Harsh Beating As The Originals Reclaim Their Dominance

Up until the mid of last week, Curve clone Swerve was enjoying a record $942 million in deposits, or total value locked (TVL), as per Debank.

But today, the protocol has just $69 million of funds left in it, suffering a loss of 92.6%. It took less than half of the days for Swerve to lose $873 million than it took to gain these funds.

But what exactly was behind this crash? Two words: Incentive rewards.

Over the weekend, SWRV issuance was reduced to 9 million SWRV per year from the previous two weeks. With this new chapter, the users fled the scene, and the price of SWRV lost the bulls. It is currently trading at $1.9, after having been on a downtrend since Sept. 9 high of $7.

On Sept. 19, the volume on the platform was at its highest at $220.6 million, which also tanked to $25 million the next day.

“Swerve’s liquidity was just mercenaries searching the highest yield,” said Ryan Watkins of Messari. “Forking is easy, building is hard.”

On the other hand, the original DEX Curve is the third-largest DeFi project currently with a TVL of $1.26 billion, which over the weekend, nearly hit a new record. The volume on the platform also continues to grow, registering $419 million the same day Swerve tanked, which means Curve has taken back all the liquidity from its fork.

Although SushiSwap isn’t experiencing as much loss as Swerve, things aren’t better for this Uniswap copycat, either.

Since hitting $1.58 billion record TVL at the beginning of September, the crypto deposits on the platform have been on a downtrend, hitting $453 million today. The same is the case for its volume, which has continually decreased to $41 million from the high of $265 million on Sept. 10.

This DEX is also set to lock up SushiSwap rewards for six months to decrease circulating supply and further hard cap the supply at 250 million tokens.

The original Uniswap, meanwhile, was all the rage this week with the launch of its governance token UNI. This helped the protocol become the largest DeFi project with $2 billion in TVL.

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Author: AnTy

Another Wave of DeFi Euphoria Coming? Chinese Users Withdrawl from CEXs to Farm Yield

Decentralized Finance (DeFi) has been growing like crazy, hitting $9.5 billion until positions winded and DeFi tokens went down like stones.

During the recent market correction, DeFi tokens were hit the hardest, which makes sense given that they have been rallying hard, leaving non-DeFi tokens in the dust.

The pullback resulted in wiping out $2 billion of the total value locked (TVL) in DeFi. Currently, $7.8 billion are locked in these protocols with Uniswap, Aave, Maker, Curve Finance, attracting over $1 billion each.

The DeFi market seems to be slowly getting back to its feet, which could be further propelled by China.

China Onboards the DeFi Train

Earlier this month, the number of unique searches for DeFi on WeChat surged to about 1 million.

“DeFi is getting started in China now,” said Molly, head of marketing at Hashkey Hub. She noted how only a few WeChat groups were discussing trading and farming DeFi tokens, but for the past few days, more and more people are getting into it.

SushiSwap, a clone of popular DEX Uniswap whose creator sold his share of tokens and handed over the project to FTX CEO Sam Bankman-Fried, particularly is getting a lot of attention.

“I’ve got invited to 6 Sushi groups today,” she shared, adding that many groups are also working together and forming a “farming fund” and planning their own projects altogether as well.

And Exits the Centralized Platforms

While DeFi is gaining traction in the country, an initiative about taking down the centralized exchange (CEXs) by withdrawing the funds from them is also spreading in the crypto community of China. Overall, the ETH reserves of exchanges have fallen nearly 11% from May high, as per CryptoQuant.

“The “withdrawal movement” is widely spread, but the actual impact is uncertain. Exchanges are also starting to defend, such as the crazy listing of DeFi coins to make users to gamble in the secondary market, and helping users with yield farming,” noted Colin Wu of WuBlockchain, a local media channel.

As we have seen the market, from Binance, OKEx, Huobi, to FTX, everyone is riding the DeFi mania.

As the Chinese community launched the “coin withdrawal campaign” using the popular on-ramp USDT and further deleting their accounts entirely, many exchanges experienced “difficulties in withdrawing coins and shutdowns.”

Bringing a New Wave

The popularity of the yield farming, because of exorbitant percent of the rate of returns, and the recent nearly 35% drop in the price of Ether is driving Chinese crypto users. Many of them are buying the dips on exchanges then transferring them on DeFi protocols for farming.

All this activity led the daily Ethereum transaction fee to reach new highs. Daily ETH fees actually skyrocketed to a record $17.1 million earlier this month. This has made mining Ether profitable, which has increased the hash rate on the network considerably, noted Arcane Research.

This is resulting in the stock of Ether and other DeFi cryptos on the cryptocurrency exchanges “falling frantically,” said Wu.

It is possible, a new wave of DeFi mania may start soon, this time led by the new users in China, especially if they are just getting started.

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Author: AnTy

Markets Turn Red: Was it Just an Altcoin Week? And Is It Over?

Up until yesterday, altcoins have been enjoying a marvelous week with high returns.

Dogecoin emerged as the winner, pumped by zoomers on Tik Tok. But the market has turned, and DOGE has fallen 19.55%, even the popular social media platform suffered an outage yesterday. These losses came after Bitcoin dropped to about $9,050 in line with the S&P 500 on Thursday.

Today’s big losers in the crypto space include VeChain (13%), Stellar (8.88%), IOTA (8.57%), Ren (7.81%), Cardano (7.45%), Aave (7.26%), Synthetic (6.50%), XRP (5.09%), Kyber Network (4.92%), Chainlink (4.89%), Zcash (4.74%), and Tron (3.74%).

Overall, the total market has lost about $7 billion.

So, is it really an alt-season?

Analysts have been calling out how bitcoin has been trading sideways, and its dominance fell off while altcoin rallied, which are some good signs that it is an alt season. It has also been argued that Dogecoin’s pump either marks the start of the alt season or confirms it.

However, trader DonAlt is of a different opinion. In his last episode of ByBit sponsored TechnicalRoundup YouTube Channel, he argued that this isn’t’ the first time the market is calling out an Alt-Season on Dogecoin’s pump.

He pointed out how, on numerous previous occasions since 2018, when DOGE popped even harder, the market made calls for an alt season every time only for it to turn out to be nothing but a short-lived spike.

The trader isn’t “entirely sure” if it could be an alt season because it doesn’t make much sense to have one right now and is “poorly timed.”

But these are altcoins, so everything is possible, and if this is really the alt season, DonAlt feels it,

“has more chances to be one than all the other ones before just because you are at high timeframe support areas for the bigger important coins.”

Several coins are still trending up amidst the red market such as Akropolis (93%), Elrond (29%), BitTorrent (13.47%), Ampleforth (11.63%), Holo (8.09%), Stratis (7.91%), Cosmos (6.43%), and others. However, the greens are not as significant as they have been earlier this week.

According to Richard Rosenblum, co-founder and co-head of trading at GSR, the cryptocurrency market is having a “mini altcoin boom,” and those that are too focused on bitcoin right now are missing out. In his view,

“there’s a lot of action in the space that doesn’t get as much focus as it should.”

But like many others in the crypto space, he believes not every project is “going to succeed in the end,” only a handful of projects will be the leaders in the space, good enough for investment.

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Author: AnTy

XRP Gains a New Investor as Market Frenzy Brings in New People

The fourth-largest cryptocurrency by market cap, XRP has started to turn its losses to gain.

Up until this week, XRP has been looking like a sinking ship as it became the worst performer in 2020 among the top cryptocurrencies, taking this spot from EOS.

But this week, as altcoins started pumping, with Dogecoin rallying more than 100% and Chainlink surging to a new all-time high after another, XRP started seeing some gains as well.

On Monday, XRP was trading at $0.175 which jumped to $0.21040, up 20% this week.

Currently, XRP/USD is trading at $0.2007 and is up nearly 6% YTD, pushing EOS to take its worst YTD performer tag which is up only 2.43% in 2020 so far.

What’s the Cheapest Coin?

As the market started moving, XRP gained the attention of another investor. Will Meade, former PM at Goldman Sachs founded hedge fund, announced to his over 80k Twitter followers that he has gained a position in this cryptocurrency.

While XRP bagholders have been slowly leaving the ship, the frenzy in the crypto market is seeing the entry of new people.

Meade’s cryptocurrency strategy is nothing different from the zoomers and millennials who have been buying the assets with the least value in an attempt to make the most out of it. Technically, it makes sense, given that the digital asset is still 95% away from its peak of $3.92 set in January 2018.

“This guy gets it. ETH to ATH- 6x BTC to ATH- 2x XRP to ATH- 15x+ Fundamentals aside, from an ROI perspective, XRP is your best bet here of the majors,” said XRP enthusiast and investor Credible Crypto. “The laggards today are the over-performers of tomorrow and vice versa.”

XRP was actually the top performer of 2017 crypto bull rally with 36,000% gains, much higher than Ethereum’s 9,000% and Bitcoin’s 1,000% that year.

However, other crypto community members argue that this just means, “the traditional investment community has zero clues what they are doing when it comes to cryptocurrency.”

What’s on the Development Side?

On another front, Marcus Treacher, SVP Customer Success at Ripple said in an interview that they are currently focused on expanding its On-Demand Liquidity service (ODL previously known as xRapid). He said,

“We have established On-Demand Liquidity corridors into Mexico, the Philippines, Australia, and Europe, and we’re hoping to further this expansion by opening corridors to APAC and EMEA this year.”

During the coronavirus pandemic, Ripple went into remote work and helped the people by reducing or waiving the transaction fees during this time through its partnership with global financial institutions such as Azimo, TransferGo, and Siam Commercial Bank.

Talking about the impact of COVID-19 on digital assets’ evolution, Treacher said the pandemic

“has shown how traditional systems – payments, and otherwise – are not prepared for catastrophes on this scale.”

And it has further propelled “interest from governments to traditional finance, from Neobanks to the biggest money transfer companies to explore and adopt” blockchain technology whose inherent open and transparent nature makes it poised to play an integral role in our future global financial system.

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Author: AnTy

Russia to Prohibit Crypto Circulation, Mining, and Ads Under New Draft Law For Digital Assets

Cryptocurrency regulations are quite tricky and up until now, only a few countries can boast of finding the right mix of existing new laws to regulate digital assets fairly.

Russia is definitely not among the few of those countries as it always had a passive stance towards privately issued or decentralized cryptocurrencies.

After months of rumors and speculation over Russia’s regulatory policy towards crypto assets, the government has finally submitted a new draft law on its official website for public comment on Monday. This new set of regulations, along with additional documents uploaded on the website, suggested that the government does not approve of cryptocurrencies as a legal asset.

Breaking these newly formed regulations also come with legal penalties. The new set of rules, if implemented, would prohibit the circulation of any privately issued cryptocurrencies as well as mining them. The advertisement related to these crypto-assets would also invite hefty penalties for the advertisers.

However, these regulations do not mean that crypto is illegal to own in Russia, as the central bank has neither formulated any laws around it nor they have classified crypto as security under Russian laws.

One of the members of the State Duma, Anatoly Aksakov, confirmed that these drafted laws would not go into effect until next summer. Last week, Aksakov also cleared any doubts on crypto ownership in Russia, saying people can still buy and own crypto as long as they declare it while filing their taxes. This would allow them to get legal protection as the state would consider it as property.

The New Digital Asset Law Could Force Crypto Service Providers To Close Down or Relocate

Crypto owners won’t be as impacted by these laws as the crypto service providers in Russia. Anti Danilevski, CEO of the new KickEX cryptocurrency exchange commented on the recently introduced draft laws and said:

“We were initially regulated in the European Union, not in Russia because we anticipated this. It’s a pity that cool technology startups are forced to leave the country and cannot operate in their homeland. We will transfer our team to the EU now. It’s painful for me to see that in the field of cryptocurrencies and digitalization, my country is moving backwards while the whole world is moving forward.”

If these laws are implemented without any amendments, then it would many many crypto service providers in the country especially crypto exchanges would either have to shut their operations or relocate.

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Author: Rebecca Asseh

Bittrex One Up’s Gemini, Coinbase By Securing $300M In Crypto Cold Storage Insurance

Bittrex has the highest insurance coverage offered by a crypto exchange until now after it has taken out a record $300 million insurance on digital assets held in cold storage.

The news was released on Thursday, the company says it will protect the holdings of its users from “external theft and internal collusion”. The CEO at Bittrex, Bill Shihara, mentioned that the $300 million limit cover is meant to offer peace of mind and prioritizes security.

Arch Syndicate 2012 Underwrote the Insurance

Providing specialized insurance to corporations, Arch Syndicate 2012 underwrote the insurance for Bittrex too. It approved the policy after Bittrex proved it has sound compliance and internal security protocols. One of the largest insurance markets in the world, Lloyd’s of London supported the policy.

“External theft” refers to theft done through physical intrusion into Bittrex’s cryptovault, seeing that cold wallets can’t really be hacked. The cover resembles the Arch’s Blue Vault that offers $150 million limits and covers both external and internal theft of digital assets.

Insurance Plays an Important Role in the Development of Crypto Businesses

The co-leader of Marsh’s Digital Asset Risk Transfer (DART) team, Sarah Downey, had this to say about the Bittrex policy, seeing her company assisted in drawing it up:

“Insurance plays a critical role in the growth and development of any business, including those that work with blockchain technology and digital assets.”

More and more businesses with users holding crypto decide to get insurance coverage. For example, custodial solution KNØX has Lloyd’s insurance that covers $100 million losses. More than this, the Winklevoss brothers earlier this month created an insurance company that guarantees losses of as much as $200 million for users of the Gemini exchange.

Before Bittrex, Coinbase was the one holding the record when it comes to the largest insurance, with $255 million against third party attacks on digital assets from the hot wallets they’re offering. However, it seems that Bittrex raised the bar by $45 million, which is quite a large sum for other exchanges to reach it soon.

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Author: Oana Ularu

Here’s Why Big Fund Managers Won’t Be Buying Bitcoin Until it Passes Trillions

Quick Look:

  • Institutions don’t come until it gets big enough
  • Just keep on HODling and you get to rake in huge gains

The best way to weather the crypto market and earn serious gains on Bitcoin is HODLling.

All that an individual Bitcoin investor can do is HODL and they know it well and they do it well. As we reported, 11,580,000 Bitcoin hasn’t been moved in more than a year. This has been despite an 85% increase in BTC price during that time.

As Bitcoin enthusiast Rhythm Trader said, “Hodlers of last resort are insane.”

But this insanity can pay off extremely well because “Professional fund managers literally can’t hodl,” points out analyst Ceteris Paribus.

This deduction was highlighted in the Wall Street article “How You Can Get Big Gains That Wall Street Can’t.”

It reveals the “dirty secret” of the investment business that fund managers just don’t hold stocks and not because they don’t want to but because they simply can’t.

It has been found that small investors actually ave a “big edge” over the giants of Wall Street when it comes to capturing the gains. The reason is,

“to earn such superior long-term results, you have to withstand bone-cracking short-term downdrafts along the way—something most fund managers can’t do.”

It’s all about HODLing

The insight emerged from the analysis between a little known Jack Henry & Associates company and Warren Buffett’s Berkshire Hathaway.

If you’d invested $1,000 in Jack Henry stock at its closing price on Sept. 1989, you would have had a whopping $2,763,000 on Sept. 30, 2019.

Now, the same $1,000 invested in Berkshire Hathaway would have only grown to $36,000 and $16,000 in the S&P 500.

However, this would have only been the result of the determination, in other words, HODLing.

Because HODLing means weathering through the brutal winter of price drops and crashes. In the case of Jack Henry, it was in June 2001 through Oct. 2002 when the company’s shares fell 67% and then the stock underperformed the S&P by 72% points between Oct. 1996 and August 1999.

Also Read: Bank of America Merrill Lynch Calls Bitcoin (BTC) The Best Asset Class In The Last 10 Years

But why can’t professional investors withstand this kind of pain?

David Salem, co-chairman of New Providence Asset Management, who has been behind this analysis says,

“It’s potentially career-ending for a manager to hold such big interim losers.”

As for small managers, they have to sell if the position gets too large and dominate their portfolios.

Small stocks actually earn their highest return when they migrate to large.

Institutions don’t Come Until it gets Big Enough

As we saw in Jack Henry’s case, the company first sold its shares to the public in 1985, 9 years after it was founded. But as of 1996, 41% of the stocks were owned by insiders and it wasn’t until 2006 did about 5% of the shares were owned by institutional investors.

It was in Nov. 2018 that the company grew to a size large enough to join S&P 500, where it currently ranks at 402nd. Now, 94% of its stocks are held by institutions.

This is yet another best-case scenario for buying and HODL.

As such, professional fund managers will “buy Bitcoin once it passes a couple Trillion” says Paribus. This means individual investors are in the best position to rake in gains by just keep on HODLing.

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Author: AnTy

Crypto Analyst Not Convinced That Bitcoin Has Bottomed Yet

$7k still a possibility until bulls prove themselves

Forge $1 million, BTC will be worth $10 million, so don’t worry even if goes down to $3,000 again

Bitcoin price is still riding the green wave that started yesterday.

The leading cryptocurrency surged to $8,518 before settling to $8,345 with 24 hours gains of 0.96 percent, as per Coincodex.

However, last month also started on a good note as it went up from $9,600 to over $10,900 in less than a week only to end up around $7,730 by the end of September.

The trading volume meanwhile is still low at just above $400 million.

$7k still a possibility

Bitcoin is still trying to break the 200 DMA early in the day but failed to do so, pointed out trader and investor Josh Rager.

The 200-day moving average is a technical indicator that is used to analyze the price trends. The price that coincides with the 200-day simple moving average is recognized as a major support level.

It is perceived to be the dividing line between an asset that is technically healthy and one that is not.

“Ranging between support and resistance zones – volume declining. The only play atm are trades on the lower time frames with decent price movement,”

notes Rager about Bitcoin price movement.

As for BTC returning to $7k, Rager says, it’s a “possibility.”

It could very well be the case until bulls prove themselves by closing back above $8,750, said analyst DonAlt.

He further isn’t “convinced that we’ve bottomed.”

Forge $1 million, BTC will be worth $10 million

Meanwhile, John McAfee, founder of one of the world’s top software security companies, McAfee Associates, is standing firm on his $1 million BTC price prediction by the end of the year 2020.

But even this figure he said is conservative.

“Let’s get real, there are only 21 million bitcoins,” McAfee said in an interview with Forbes. “Seven million of which have been lost forever, and then, if Satoshi [bitcoin’s anonymous creator] is dead, add a few more million,” he added.

He explains how if Bitcoin even gets to be 5% of the world’s transactions, which he says it will, then BTC would be worth $10 million per coin.

“I think bitcoin represents simply a store of value,” McAfee said. “It is surpassed in every respect technologically and functionally.”

“A store of value which will increase, probably for the next 15 years, so for the next 15 years, don’t worry,”

Mcafee said.

“I don’t care if it goes down to $3,000 again,”

he said.

“It’s going to go up, we know it is.”

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Author: AnTy

Bitcoin is ‘Undervalued’ Until it Manages to Reach Gold’s Market Cap of $7 Trillion: Winklevoss Twins

Bitcoin-is-Undervalued-Until-it-Manages-to-Reach-Golds-Market-Cap-of-7-Trillion-Winklevoss-Twins

Bitcoin Is Still ‘Undervalued’ Until It Manages To Reach Market Cap Of $7 Trillion, According To Winklevoss Twins

Have you been watching the performance of Bitcoin these past few months with some thinly veiled feelings of remorse that you weren’t one of those investors being brought along for the bullish ride? Well you’ve got another thing coming if you think you’ve missed out, this is what the Winklevoss twins think, at least.

According to the co-founders behind Gemini, Bitcoin still has plenty of room and time to surge ever upwards, and are under no allusion that it is currently ridiculously undervalued. Just how undervalued, exactly? The duo believe that it will continue to be so long as it has anything less than a $7 trillion market capitalization to its name. To put this into some interesting perspective – the current market cap for Bitcoin this quarter is $229 billion.

Being the owners of 1 percent of all circulated Bitcoin has put Cameron and Tyler Winklevoss into a very enviable position, and the two base their theory on Bitcoin having all the potential to surpass the current market cap for Gold, which is at 7 trillion dollars.

“Our thesis is that bitcoin is gold 2.0 and so until it has a market cap of $7 trillion, which is the size of gold, it’s a very under-valued asset, so I think people are waking up to that.” This is according to the two who took part in a discussion on CNBC.

Digital Gold? Can Bitcoin Outmatch The Precious Metal?

For an increasing number of people, Bitcoin is getting considered as the next generation class of precious metal – ‘Digital Gold’ – and a viable kind of store of value thanks both to its in-built scarcity and lack of correlation with any other market asset.

This makes it a highly effective hedge investment to have during times of economic uncertainty. And while there have been some fluctuations in its value over this quarter, the digital gold narrative is one that has gone from strength to strength.

The Cypto Fund Grayscale, which manages more than 2.8 billion dollars worth of assets, took to social media to kick off its #DropGold campaign. It is using this in order to encourage investors to switch out their Gold in exchange for Bitcoin. This has since been something that the Winklevoss Twins have come to espouse too.

According to Grayscale (@GrayscaleInvest), Gold is something worth looking into kicking out of your portfolio from its Twitter account on Mat 1st, 2019:

“Why is #Gold still in your Portfolio? #DropGold (Dropgold.com)”

This seems to be a hashtag trend and narrative that has been steadily gaining momentum online and in the investment world. An increasing number of traders operating on Wall Street, for example, not urge investors to consider a 5 percent portfolio allocation over to Bitcoin

“Usually in a portfolio, gold is about 5-10% of the portfolio so there’s nothing wrong with saying bitcoin couldn’t be 5-10% of a portfolio right now.” –  This is according to a statement provided by Anthony Grisanti during an interview on CNBC.

Winklevoss Twins Go Double Or Nothing On Bitcoin

We all commonly know the Winklevoss Twins from the hectic legal suit between themselves and Mark Zuckerberg back in 2013. Since managing to take millions of dollars from that settlement, the two decided to pour it into Bitcoin. Effectively, they managed to invest in the crypto startup company – BitInstant and have since managed to accrue a total holding of around 1 percent of all BTC in circulation.

Since then, they took to creating and launching their own Crypto exchange known as Gemini, and is in the process of getting involved in official Over the Counter trading (OTC).

Even with the kind of exceptional growth that Bitcoin has undergone in the last few years, the two believe that it is still very much in the formative years of its development, with much more to come in the foreseeable future.

“We still think it’s the bottom of the first inning,” to borrow a Baseball analogy.

Some Advice To Zuckerberg And Facebook’s Libra Crypto Project

While there is certainly cause for some kind of modicum of hard feelings between the twins and Mark Zuckerberg over intellectual property claims regarding Facebook. This hasn’t stopped the two from sharing their thoughts on the recently announced project and cryptocurrency coming from the platform known as Libra.

So what kind of advice did they provide to their former nemesis exactly?

“Talk with [regulators]. You know, we definitely went through the front door, and we tried to educate the regulators and shape the regulation in a thoughtful manner because if you get the regulation wrong it can stifle innovation.”

While the two have been on the figurative shop floor of cryptocurrencies, they have always been firm advocates for an approach by startups that allows them to obtain regulatory compliance and, therefore, approval. The twins were among some of the first to speak to regulators situated in New York, and were responsible for a rather controversial call for implementing ‘rules’ within the Bitcoin ecosystem to improve its chances of being adopted by mainstream finance.

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Author: James Fox

DECRED Prediction Today: Daily (DCR) Value Forecast – June 17

Decred Outlines Decentralized Exchange Plans
  • The current range price movements may still be prolonged until the next trading sessions.
  • The bulls in the DCR/USD market now possess the possibility of getting weak soon.

DCR/USD Medium-term Trend: Ranging

  • Resistance levels: $32, $34, $36
  • Support levels: $24, $22, $20

The market worth of the DCR/USD has been significantly moving in a range in a continuation bid of the previous moving manner it has been seeing. Around June 14, the pair slightly got the dump to the south past $26 horizontal price mark.

Both the Bollinger Middle Band and the 50-day SMA have tightly conjoined within the Bollinger Upper and Lower Bands. The Stochastic Oscillators are now consolidating g around range 80.

There still appears a pace that the DCR/USD market will maintain in a choppy manner for long in the medium-term run. Also, it is agreed upon that three major key market’s lines are involved in the current ranging moves of the DCR/USD trade. And, they are $26, $28 and $30 price levels.

DCR/USD Short-term Trend: Bullish


DCR/USD market has been somewhat experiencing slight increases in its valuation today. The market’s appreciation has been on-going traced back to a sudden spike that emerged at a low price point yesterday. All the indicators are now trending towards the north. The Stochastic Oscillators have now reached range 80. And, they seem to start consolidating around the range zone.

The upward movements of this crypto’s trade are gradually losing out in energy to push northward convincingly. Traders are enjoined to be on the lookout for a decent reversal pattern around the trend-line of the Bollinger Upper Band to short their positions in the market.

Decred:

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha