Crypto Funds Have Arrived. But Who Needs Them? Fear of missi | luffy222 on Binance Square

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Crypto Funds Have Arrived. But Who Needs Them?
Fear of missing out isn’t a great reason for investing in the new Bitcoin funds, our columnist says. Plus, Bitcoin may already be hidden in your portfolio.
#TradeNTell #TrendingTopic

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GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades.Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing. Dynamic pricing is supported by Chainlink Oracles along with TWAP pricing from leading volume DEXs. #TradeNTell #GMX #GMX/USDT

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The XRP price is $0.53178984, a change of 3.41% over the past 24 hours as of 12:22 p.m. The recent price action in XRP left the tokens market capitalization at $28.92B. So far this year, XRP has a change of -13.46%. XRP is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS). XRP is the native cryptocurrency of XRP Ledger, which is an open-source, public blockchain designed to facilitate faster and cheaper payments. Sending payments overseas using the legacy financial system typically takes one to four business days and can be expensive. If a person uses XRP as a bridging currency, it’s possible to settle cross-border transactions in less than five seconds on the open-source XRP Ledger blockchain at a fraction of the cost of the more traditional methods. #TradeNTell #xrp #TrendingTopicChallenge

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AltLayer is an open and decentralized protocol for rollups. AltLayer brings together a novel idea of Restaked Rollups which takes rollups (spun from any rollup stack such as OP Stack, Arbitrum Orbit, Polygon CDK, ZK Stack, etc.) and provides them with enhanced security, decentralization, interoperability and crypto-economic fast finality by leveraging restaking mechanism. ALT is AltLayer's native utility token and is used in the following functions: Economic bond: ALT token will be used alongside restaked assets to provide economic stake. This stake can be slashed if a malicious behavior is detected. Governance: ALT token holders can vote on governance decisions. Protocol Incentivization: Operators in the AltLayer ecosystem can earn ALT tokens as rewards for their services. Protocol Fees: Network participants will need to pay for intra-network services in ALT tokens. AltLayer’s core offering of restaked rollups consists of three key products: VITAL: An Actively Validated Service (AVS), where operators verify blocks and the corresponding states committed by the rollup sequencer and raise fraud proof challenges if necessary. MACH: A protocol to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state. SQUAD: Offer decentralized sequencing with economic backing. Decentralized sequencing eliminates short-term liveness concerns, bad MEV, rent extractions and other issues associated with rollups that operate with a single sequencer. AltLayer has raised 22.8MM USD from two rounds of private token sales, where 18.50% of the ALT total token supply has been sold at 0.008 USD / ALT and 0.018 USD / ALT respectively. AltLayer’s investors include Polychain Capital, Binance Labs, Jump Crypto, Breyer Capital, DAO5, Balaji Srinivasan (former CTO of Coinbase and former GP of a16z), Gavin Wood (Co-Founder of Ethereum and Parity), Sean Neville (Circle Co-Founder and USDC architect) and Ryan Selkis (Founder of Messari), among others. #TradeNTell #TrendTopic

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BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, not only can you trade BNB like any other cryptocurrency, you can also use BNB in a wide range of applications and use cases. #TrendingTopic #BNB #TradeNTell

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Solana is a Layer 1 blockchain that offers users fast speeds and affordable costs. It supports smart contracts and facilitates the creation of decentralized applications (dApps). Projects built on Solana include a variety of DeFi platforms as well as NFT marketplaces, where users can buy Solana-based NFT projects. Its high performance means Solana doesn’t require a traditional scaling Layer 2 solution; instead, Layer 2s on Solana focus on #TradeNTell #TrendingTopic

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