Best Crypto Charting Software in 2024

The best charting tools provide comprehensive features, user-friendly interfaces, and compatibility with multiple exchanges. Here is a list of the top 10 best crypto charting software in 2024, carefully evaluated based on their features, ease of use, cost, and additional functionalities.

1. TradingView
Pros:
Wide range of charting tools and community engagement.
Accessible on all devices.
Multiple subscription plans, including a free tier.

Cons:
Limited features in the free plan.
Support service could be improved.

2. MetaTrader 4 (MT4)
Pros:
Free access to various charting and analysis tools.
Supports algorithmic trading with custom indicators.
Wide market support, including crypto and traditional assets.

Cons:
Complex for beginners.
No fully automated trading functionality.

3. CryptoView
Pros:
Integrates multiple exchange accounts in one place.
Offers a range of free crypto charting tools and portfolio management features.
Available on desktop and mobile devices.

Cons:
Limited unique features compared to competitors.
Fewer supported exchanges than other platforms.

4. CryptoWatch
Pros:
Comprehensive tracking of multiple cryptocurrencies.
Real-time market data and customizable watchlists.
Accessible on both web and mobile devices.

Cons:
Limited to crypto markets only.
Fewer analytical tools compared to some competitors.

5. GoCharting
Pros:
Extensive technical analysis tools and studies.
Multi-asset charting and educational resources.
Paper trading for strategy testing without financial risk.

Cons:
Slower execution compared to other charting software.
Some premium features require additional payment.

6. Coinigy
Pros:
Integrates portfolio management and crypto charting.
Supports more than 40 crypto exchanges.
Built-in tools for altcoin monitoring and alerts.

Cons:
No free charting plan.
Limited proprietary charting tools.

For the full list visit our main site.

Bitunix Crypto Exchange Review

What is Bitunix?

Bitunix is a cryptocurrency exchange platform established in Hong Kong that offers a variety of digital asset trading services. Launched in November 2021, it has rapidly expanded its presence, with significant operations in the Middle East and plans for future expansions in the Philippines, Japan, and the UK.

Bitunix offers spot and derivatives trading, with an emphasis on security, a user-friendly interface, and advanced tools for both novice and experienced traders.

Key Features of Bitunix

Bitunix provides several features aimed at enhancing the trading experience:
+Spot Trading: Offers over 300 trading pairs, including popular cryptocurrencies like Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE) against USDT.
+Derivative Trading: Features USDT-margined perpetual futures with over 140 contract trading pairs, offering leverage of up to 125x.
+Passive Income Products: Includes a referral bonus system that rewards users with up to 40% bonus commission for inviting new users.
+Educational Resources: The platform’s “Bitunix Learn” initiative offers videos, quizzes, and an academy to educate users on blockchain and trading basics.
+Advanced Functionalities: Provides a FIX API for institutional traders, sub-accounts for quantitative traders, and extensive security measures, including two-factor authentication (2FA) and cold storage for asset safety.

Bitunix Trading Fees

Bitunix maintains a competitive fee structure:
+Spot Trading Fees: Maker fee is 0.08%, and the taker fee is 0.1%.
+Derivative Trading Fees: Maker fee is 0.02%, and the taker fee is 0.06%.
+Withdrawal Fees: Fixed withdrawal fees, such as 0.0005 BTC for Bitcoin withdrawals.

Additionally, Bitunix offers a tiered VIP rate system that lowers transaction fees based on trading volume or asset holdings over the previous 30 days.

GRVT: The Next-Generation Hybrid Crypto Exchange

What is GRVT?

GRVT (pronounced ‘gravity’) is a hybrid derivatives exchange (HEX) that merges the benefits of traditional finance (TradFi), centralized finance (CeFi), and decentralized finance (DeFi). With Matter Labs as an early investor, GRVT is constructing the first official hyperchain on ZKsync, leveraging the ZK Stack technology. It offers a unique self-custodial model where users have complete control over their funds while enjoying a user experience similar to a centralized exchange (CEX).

Hybrid Trading Model

GRVT’s hybrid trading model offers the best of both worlds: the security and transparency of decentralized exchanges (DEX) and the efficiency and user-friendliness of centralized exchanges (CEX). The platform employs dual off-chain and on-chain risk management, efficient off-chain trade matching, and on-chain settlement and margin management. Additionally, on-chain privacy is maintained through zk-proof Validium technology, ensuring private transaction details remain secure.

GRVT Fees and Rewards

GRVT employs a tiered fee structure with nine levels, allowing for competitive maker and taker fees based on trading volume and total assets. The platform also charges liquidation fees and flat-rate withdrawal fees to cover on-chain gas costs.
GRVT’s reward program offers multiple opportunities to earn tokens, including:
+Ecosystem Reward: 3% of the total token supply, rewarding users based on direct and indirect invites.
+Trader Reward: 4% of the total token supply, based on trading fees paid by the user.
+Liquidity Provider Reward: 4% of the total token supply, rewarding users for providing liquidity and quoting buy/sell orders.

Users can participate in these programs by completing tasks on the GRVT Reward Portal and inviting friends, with the potential to earn ZK Tokens and Raffle Tickets.

Referrals
GRVT invites users to complete their KYC verification to receive 80 ZK Tokens and 20 Raffle Tickets. Additional rewards can be earned by completing tasks on the GRVT Reward Portal. 

Top 5 AI Coins on Solana

1. Synesis One (SNS): Revolutionizing Data Annotation with AI

Synesis One stands out as a decentralized platform focused on high-quality data annotation. Leveraging AI and a global community of over 10,000 annotators, Synesis One provides essential services for training effective AI models.

2. Render (RNDR): Decentralized GPU Rendering for the Creative Industry

Render (RNDR) is revolutionizing the digital content creation space by offering decentralized GPU rendering. This AI coin allows users to share their GPU resources, creating a distributed network that reduces rendering costs and accelerates processing times. You can trade $RNDR on Binance.

3. Nosana (NOS): Enhancing DevOps with AI and Blockchain

Nosana is making waves by integrating AI with DevOps to streamline and enhance software development processes. The platform provides tools for continuous integration and delivery (CI/CD), leveraging AI to optimize code deployment and reduce errors. 

4. Dither (DTH): Leveraging AI for Predictive Analytics

Dither focuses on using AI technology for predictive analytics, offering businesses actionable insights to optimize operations. The platform’s AI-driven approach has helped companies improve their operational efficiency by an average of 25%, with a predictive accuracy rate of 85%.

5. The Graph (GRT): Efficient Blockchain Data Indexing

The Graph (GRT) is an indexing protocol that uses AI to efficiently query and extract blockchain data. Essential for developers, The Graph processes over 500 million queries daily, serving thousands of decentralized finance (DeFi) wallets on Solana. By reducing query times by 90%, The Graph significantly improves data accessibility and retrieval speed, making it an indispensable tool for blockchain developers. $GRT can be traded on Binance.

Top 10 Solana Must-Have Tokens in 2024

1. Marinade (MNDE)
Marinade Finance is at the forefront of liquid staking on Solana. It allows users to stake SOL and receive mSOL, a liquid representation of staked SOL that can be used across various DeFi platforms.

2. Raydium (RAY)
Raydium is a cornerstone of the Solana DeFi ecosystem, functioning as a decentralized exchange (DEX) and automated market maker (AMM). 

3. Orca (ORCA)
Orca stands out for its user-friendly interface, making decentralized trading on Solana accessible to both beginners and experienced traders. 

4. Solend (SLND)
Solend is Solana’s leading decentralized lending and borrowing protocol.

5. Mango Markets (MNGO)
Mango Markets is a decentralized trading platform on Solana offering advanced trading features, including cross-margin trading, perpetual futures, and lending. 

6. Serum (SRM)
Serum is a decentralized exchange and liquidity infrastructure platform that utilizes Solana’s high-speed network to provide a seamless trading experience.

7. Jito (JITO)
Jito is a Solana-based protocol focused on maximizing validator rewards while minimizing the risks associated with Maximum Extractable Value (MEV) exploitation.

8. Drift Protocol (DRIFT)
Drift Protocol is a decentralized derivatives trading platform on Solana that offers perpetual swaps with high leverage. 

9. Saber (SBR)
Saber is an AMM protocol specializing in stablecoin and wrapped asset swaps on Solana.

10. Tulip Protocol (TULIP)
Tulip Protocol is Solana’s first yield aggregation platform, designed to optimize yield farming strategies and maximize returns for users. 

🗞Weekly Crypto News Roundup📢

1. TON Plummets After Telegram CEO's Arrest💸

Toncoin (TON) saw a significant drop of over 14% following the arrest of Telegram CEO Pavel Durov in France. Durov was apprehended due to a warrant issued by France's OFIM, an office focused on preventing violence against minors. The warrant relates to allegations that Durov’s platform, Telegram, has failed to moderate content linked to organized crime, including drug trafficking and distribution of child sexual abuse material. The news caused a sharp sell-off in Toncoin, reflecting market concerns about the potential implications for the platform.

2. Robert F. Kennedy Jr. Ends Independent Presidential Campaign

Robert F. Kennedy Jr. has officially suspended his independent presidential campaign and endorsed Donald Trump for the upcoming U.S. presidential election.

3. Donald Trump Promotes New Family DeFi Project🇺🇸

In a surprising move, former President Donald Trump announced a new DeFi project led by his sons, Donald Jr. and Eric Trump, through his social media platform, Truth Social.

4. JPMorgan Sees $74 Billion Opportunity in Bitcoin Mining 💲

JPMorgan has identified a $74 billion opportunity in Bitcoin mining, despite reducing its price targets for key mining companies like CleanSpark and Riot Platforms.

5. DeFi Market Poised for Resurgence📈📊

Decentralized finance (DeFi) is set to make a strong comeback, with predictions that the total value locked (TVL) in the crypto ecosystem could reach an all-time high next year.

6. Russia to Launch Crypto Exchanges for Global Trade 🇷🇺

Russia is planning to establish crypto exchanges in Moscow and St. Petersburg to facilitate international trade, with a focus on reducing dependency on the U.S. dollar.

7. Former Binance CEO CZ Moved to Halfway House😎
He has been transferred from a federal prison in California to a halfway house in Long Beach as he nears the end of his sentence.

DGbet Decentralized Prediction Market Review

What is DGBet?

DGbet is a fully on-chain, non-custodial sportsbook built on Smart Contract execution. At DGbet, users can connect their non-custodial wallet to the application, place bets on their favorite events, and withdraw/redeem winnings directly from the contract into their wallets once the bet is resolved. DGbet stands out as a prediction market platform, powered by Azuro, a novel protocol for decentralized betting.

DGbet offers users a seamless, secure, and trustless betting experience that sets it apart from traditional bookmakers like bet365, WilliamHill, Draftkings, Stake.com, and others.

Key Features

True Ownership of Funds

DGbet operates on a principle that is fundamentally different from traditional betting platforms. When you place a bet, your funds are never held by DGbet. Instead, they go directly from your wallet into a smart contract on the blockchain with pre-determined outcomes. This ensures that your funds remain your own at all times, eliminating the risk of central authority control or mismanagement.

Full Transparency and Security
By leveraging the power of smart contracts, DGbet ensures that all transactions are fully transparent and secure. The outcomes are pre-determined and executed programmatically, providing a level of trust and reliability that is unmatched by traditional betting platforms. Additionally, all bets are placed in fully audited and decentralized Azuro liquidity pools, further enhancing security and trust.

Anonymity and Privacy
One of the standout features of DGbet is the anonymity it offers. Unlike traditional platforms that require account creation, login, and document verification, DGbet allows users to bet without any of these steps. All you need is cryptocurrency (Matic and DAI) and a web3 wallet.

Generous Rewards and Promotions
DGbet offers an attractive cashback scheme, providing up to 70% cashback on net losses in a month.

Read more: https://decentralised.news/dgbet-decentralized-prediction-market-review

Top 10 Popular DePIN Projects

Imagine a world where your unused bandwidth or storage space contributes to a global network, rewarding you for your contribution. This is not science fiction; it's the promise of DePIN.

What is DePIN?
DePIN stands for Decentralized Physical Infrastructure Network. It represents networks that use blockchain technology to decentralize the control and ownership of physical infrastructure. Traditionally, infrastructure such as data networks, transportation systems, and electrical grids have been managed by centralized entities. DePIN projects aim to shift this paradigm by enabling individuals to contribute their physical resources, thereby collectively owning and managing the network.

To better understand, consider Sarah, a tech enthusiast living in a suburban area. Sarah has a powerful computer with ample storage that she rarely uses. Meanwhile, her friend Mike, a small business owner, struggles to find affordable and secure data storage solutions. Enter Filecoin, a DePIN project that allows Sarah to rent out her spare storage in exchange for FIL tokens. Sarah earns extra income, and Mike gets a cost-effective, secure data storage solution. Both benefit from participating in a decentralized network that thrives on community contributions.

DePIN Use Cases
DePIN projects are reshaping various fields, from decentralized finance to telecommunications. Here are some leading examples:
Arweave (AR): Arweave offers a decentralized storage solution focused on permanent data storage. Users pay a one-time fee in AR tokens to store data forever, leveraging a unique blockweave technology that ensures data redundancy and security. Arweave's approach to immutable data storage makes it ideal for archival purposes. AR tokens are traded on exchanges such as Binance.
Bittensor (TAO): A decentralized network integrating blockchain technology with artificial intelligence, enabling a network of machine learning models.

For more: https://decentralised.news/top-10-popular-depin-projects

Mute zkRoll-up DeFi Platform Review

Automated market maker (AMM) exchange, farming platform, and bond platform

Fundamentally, Mute is a DeFi platform that provides a liquidity nexus for all protocols developed on zkSync. In particular, Mute’s primary application, the Mute Switch, functions as an AMM DEX with limit orders, a yield farming platform, and a bond platform. Mute offers a way for protocols on zkSync to effectively encourage liquidity for their specific applications.

Mute Switch

The Mute Switch is a zkRollup-based DeFi platform constructed on zkSync v2. Engage in investments and trading, generate returns, and partake in Bonds within a single decentralized, community-oriented platform. Enjoy the safety of Ethereum without the burden of excessive gas fees.

Features include:
+AMM based DEX w/ Limit orders
+Stable and Normal AMM curve pools
+Variable LP fees: Stable (0.01%-2%), Normal (0.01%-10%)
+Fixed and Dynamic Protocol fees0% LP minting fee1-3s settlements
+95%+ gas cost savings compared to L1 ETH
+Yield Generation Platform Bond Offerings
+DAO

Mute Wallet

Mute Switch is a Layer 2 Dex based on zk-Rollup technology. You first need to deposit assets from your Layer 1 ETH wallet to your Layer 2 zkSync wallet to experience gas-free and real-time token transfers and swaps. With the wallet, you can have total control over your assets through private keys, your assets will be stored safely inside a verifiable zkRollup and you can withdraw your assets to the Layer 1 wallet at any time. 

Liquidity Pools

Pool Structure
+The Mute Switch features a dynamic arrangement for Liquidity Pools, enabling the use of both Stable and Normal AMM curves.
+Stable Pool – Assets trading within a narrow price range (e.g., USDC/DAI)
+Normal Pool – Assets trading without correlation (e.g., ETH/WBTC)
+Both Normal and Stable pools can exist for the same assets, with the Mute Switch identifying the most favorable trade irrespective of pool variety.

For more: https://decentralised.news/mute-zkroll-up-defi-platform-review

SmartCredit.io AI-powered Self-Custodial Neobank Review

What is SmartCredit?
SmartCredit.io is an AI-powered self-custodial neobank that provides fixed-term, fixed-rate loans to borrowers and fixed income funds to lenders, along with fiat on/off ramp capabilities, without the risk of bank runs.

This decentralized global P2P lending marketplace facilitates direct connections between lenders and borrowers, eliminating the need for intermediaries. Lenders supply their funds, while borrowers access these funds on the worldwide platform.

Decentral Autonomous Blatform Ltd, a BVI company, operates the platform. The leadership team includes co-founders Martin Ploom and Tarmo Ploom, both CFAs (Chartered Financial Analysts), each have ten years of experience as vice presidents at Credit Suisse in Zurich, Switzerland.

Platform features include:
+Fixed-term, fixed-interest-rate collateralized loans for borrowers
+Personal Fixed Income Funds for lenders
+Efficient collateral utilization through the Positions Monitoring System
+AI-driven predictive Crypto Fraud Score, accessible for free at https://smarttrust.io
+AI-driven Crypto Trust Score for crypto lenders, available at https://smarttrust.io
+AI-driven Continuous Transaction Monitoring for wallets, exchanges, and payment processors, suitable for all crypto service providers (accessible via https://smarttrust.io)
+Fiat on-ramp/off-rampAI API and Borrow/Lend SDK integrations for other wallets and platformsStaking and rewards for users

SmartCredit.io emphasizes offering self-custodial solutions that are compliant with regulations.

Unlike Aave, Compound, and other money-market-based lending systems, SmartCredit.io does not face bank run risks.
The vision of SmartCredit.io is to provide all the financial services that traditional banks offer while maintaining a self-custodial approach.

For more: https://decentralised.news/smartcredit-io-decentralized-p2p-marketplace-review

EigenLayer Restaking Protocol on Ethereum

What is EigenLayer?
EigenLayer is a protocol developed on Ethereum, which brings forth restaking, an innovative concept in cryptoeconomic security. This concept allows for the utilization of ETH at the consensus level. Users who stake ETH natively or through a liquid staking token (LST) have the option to engage with EigenLayer smart contracts to restake their ETH or LST, thereby extending cryptoeconomic security to more applications on the network and earning extra rewards. Restaking is available for both natively staked ETH and liquid staked tokens like stETH, rETH, cbETH, and LsETH.

Through EigenLayer, Ethereum stakers can contribute to the security of numerous services by restaking their staked ETH and opting-in to multiple services concurrently, resulting in collective security. By repurposing ETH to secure various services, stakers experience reduced capital expenses for participation and a significant enhancement in trust assurances for individual services.

Developers of new decentralized services for Ethereum are typically required to establish a new trust network to safeguard their systems, which leads to fragmented security. EigenLayer addresses this issue by allowing any service, irrespective of its structure (e.g., EVM-compatibility), to access the shared security provided by Ethereum’s stakers, thus fostering an ecosystem for permissionless innovation and free-market governance.

EigenLayer Protocol Features

Tailored Decentralization
Customized Slashing
Operator Delegation

For more: https://decentralised.news/eigenlayer-restaking-protocol-on-ethereum

Equalizer – Decentralized Exchange on Fantom Blockchain

Equalizer emerged from Andre Cronje’s idea of a perpetual decentralized exchange called Solidly. The Equalizer platform’s inception aims to adapt this concept to a more intuitive, user-friendly DEX. As the primary trading mechanism for the Fantom network, Equalizer incorporates the Solidly perpetual model, along with a few adjustments to fee structures and emissions.

Why Equalizer Exchange?

The groundbreaking perpetual model is the first of its kind capable of maintaining a steady emission token price. Equalizer addresses the challenge of balancing rewards for token holders and incentives for liquidity providers (LPs). Their model achieves this by rewarding liquidity with a valuable token, generating income akin to the Curve model. The fee structure guarantees that the utility and reward for holding and locking tokens are sufficiently high to provide the necessary liquidity for low-slippage trades. 

What Makes Equalizer Exchange Unique? 
A minimal fee (e.g., 0.01%) may appear flawed unless the trading volume justifies the incentives needed to maintain enough total value locked (TVL), particularly for volatile pairs. Consequently, this can trigger a downward spiral in the native token price, crippling the platform’s ability to preserve liquidity.

Consider this: a 0.01% fee is insignificant if the slippage in the trade reaches 2% or 3%. This insight reveals the importance of maintaining a fee that supports low-slippage trades, ultimately delivering a superior trading experience and outcome for users.

Tokenomics

$EQUAL
The fundamental liquid form of the token is $EQUAL. This versatile and transferable token serves as the primary medium for emissions and can be locked into a veNFT.

veEQUAL
By locking $EQUAL into veEQUAL, users can obtain an NFT that utilizes the vote escrow model for securing fees and directing emissions. A range of lock periods is available, and the asset remains transferable.

For more: https://decentralised.news/equalizer-decentralized-exchange-on-fantom-blockchain

NESTFi Decentralized Perpetual Exchange Review

What is Nest Protocol?
The NEST Protocol serves as a decentralized trading foundation, often referred to as a martingale network. It employs smart contracts to remove market makers and liquidity providers, offering traders virtually limitless liquidity via risk sharing.

In addition to the NESTFi perpetuals DEX, NEST Protocol consists of three key components: NEST Oracle, NEST Assets, and NESTcraft. NEST Oracle delivers decentralized on-chain pricing data, while NEST Assets are created and destroyed by NEST smart contracts, supplying currency units for martingale transactions within NEST. 

NESTcraft, on the other hand, transforms various on-chain random inputs into a comprehensive martingale function library, granting access to a wide array of customizable martingale trading alternatives.

NEST Protocol Features & Capabilities
The NEST Protocol offers a vast array of potential applications:

Decentralized Exchange

Derivatives exchanges must address technical support, asset custody (risk management), liquidity support, and marketing. By using the NEST Protocol, developers can create a decentralized exchange by simply designing a front-end page, thereby saving on the first three costs and allowing them to concentrate on marketing efforts.

Financial Derivatives Marketplace

Leveraging NESTcraft, numerous innovative financial derivatives can be devised, including barrier options, Asian options, two-way options, and appealing returns like square-root, squared, and exponential returns.

NESTFi is the Decentralized Perpetual Exchange by Nest Protocol.

NEST Token Economics

Issuance and burning mechanisms:
$NEST tokens can be either burned or generated based on the instructions of the on-chain protocol. The creation of financial assets will lead to the burning of NEST tokens, while the settlement of these assets will result in new NEST tokens being issued.

For more: https://decentralised.news/nest-protocol-review-2023

Decentralized Prediction Markets: The Future of Forecasting

Imagine a bustling medieval marketplace, where merchants, travelers, and townsfolk gather to exchange goods, stories, and predictions about the future. The blacksmith wagers on a bountiful harvest, while the merchant bets on the arrival of a long-awaited caravan. These informal prediction markets have existed for centuries, and while the scene has changed dramatically, the essence remains the same: leveraging collective wisdom to forecast future events.

Today, the age-old practice of prediction has found a sophisticated ally in blockchain technology. Decentralized prediction markets are emerging as a transformative tool, offering unparalleled transparency, security, and efficiency. Let’s delve into the intricate world of blockchain-based prediction markets and explore how they are revolutionizing the way we forecast the future.

The Genesis of Modern Prediction Markets

Prediction markets are not a novel concept. The University of Iowa pioneered one of the first modern prediction markets in the late 1980s with the Iowa Electronic Markets (IEM). The IEM allowed participants to buy and sell contracts based on the outcomes of political events, providing surprisingly accurate forecasts.

Fast forward to the 21st century, and the landscape has evolved with the advent of blockchain technology.

Real-World Examples of Decentralized Prediction Markets

Polymarket: Built on the Polygon network, Polymarket focuses on current events, offering a user-friendly interface and a wide range of event categories.

Zeitgeist: Operating on the Kusama network (you can trade KSM on Binance), Zeitgeist stands out for its scalability and user engagement.

For more: https://decentralised.news/decentralized-prediction-markets-the-future-of-forecasting

How Trump’s Pro Bitcoin Stance & Policy Proposals Could Transform Crypto

In a landmark moment for cryptocurrency, former President Donald Trump delivered a keynote address at the 2024 Bitcoin Conference, signalling a significant shift in his stance towards digital currencies. Trump, once a vocal critic of Bitcoin, now passionately endorses it, proposing transformative policies that could catapult Bitcoin into mainstream acceptance and reshape the financial landscape of the United States. Could Donald Trump's Bitcoin endorsement become a catalyst for mainstream cryptocurrency adoption. 

Trump's speech outlined a bold vision to establish the United States as the global leader in cryptocurrency. Central to his plan is the creation of a strategic national Bitcoin stockpile. Trump pledged that, if elected, his administration would retain 100% of the Bitcoin it currently holds, turning it into a core national asset. This move is designed to solidify the U.S.'s position in the global financial system and boost confidence in Bitcoin's long-term value.

A key element of Trump's agenda is regulatory overhaul. He announced his intention to replace the current SEC Chairman, Gary Gensler, with a more crypto-friendly leader. This change aims to foster a supportive regulatory environment that encourages innovation and investment in the cryptocurrency sector. By promising to fire Gensler, Trump appeals directly to the frustrations of the crypto community, who view current regulations as stifling growth.

Trump also emphatically rejected the idea of a Central Bank Digital Currency (CBDC), promoting Bitcoin's core values of financial independence and privacy. He asserted that under his administration, there would be no CBDC, aligning himself with Bitcoin's ethos of decentralisation and resistance to government control.

The potential impact of Trump's proposals on the Bitcoin market is profound.

For more: https://decentralised.news/how-trumps-pro-bitcoin-stance-amp-policy-proposals-could-transform-crypto

Morphex Decentralized Exchange Review

Morphex is a decentralized perpetual trading platform inspired by GMX, featuring a vault, routers, price feeds, and the Morphex Liquidity Pool (MLP). The Morphex platform provides spot and perpetual futures trading and only necessitates a wallet connection for usage. All transactions are settled against the MLP, allowing users to supply liquidity using any approved asset and receive MLP tokens in return, signifying their portion in the diverse liquidity pool.

Morphex presents several benefits for traders compared to existing exchanges, including:
+reduced transaction fees
+no impact on prices
+protection against “scam wick” liquidations (while maintaining full control of users’ assets)

Pricing for the protocol is derived from Chainlink and Pyth price feeds, ensuring swift and precise updates. As the protocol develops, governance will progressively determine the majority of parameters, such as liquidity incentives for a particular MLP pool.

As a user of Morphex, you can trade cryptocurrencies on Fantom with up to 50x leverage directly from your wallet.

For more: https://decentralised.news/morphex-decentralized-exchange-review

bookmaker.XYZ – Decentralized Betting Platform by Azuro Protocol

What is bookmaker.XYZ?
Welcome to the enigma that is bookmaker.XYZ! You might be scratching your head, wondering what it’s all about. Believe it or not, bookmaker.XYZ is NOT a bookmaker. Intrigued yet? You can place your bets and potentially win here, but there’s no “house,” “bookmaker,” or “sportsbook” to wage against you.

Now, let’s throw a curveball: unlike traditional bookmakers where you need to deposit your funds before you can bet, bookmaker.XYZ eliminates the hassle of deposits and withdrawals. When you place a bet, your money is securely locked into blockchain smart contracts with pre-determined outcomes. As soon as the game or event concludes, the contract paves the way for you to redeem your winnings, granted you’ve got the winning ticket.

At bookmaker.xyz, your money stays yours – always. It’s a far cry from bookmakers like bet365, WilliamHill, DraftKings, Stake.com, and their ilk, where you’re required to deposit money to bet. With bookmaker.xyz, your bets are securely stored in blockchain smart contracts, and once the game or event is over, you can claim your winnings, if Lady Luck is on your side.

But how can such a marvel be possible, you ask? The answer lies in the pioneering power of Azuro, a cutting-edge protocol for decentralized betting. Bookmaker.XYZ is the first betting site to be powered by Azuro, redefining the landscape of online betting and taking the gambling world by storm. Essentially, bookmaker.XYZ is the next generation of betting!

Why bookmaker.XYZ?
Built on the Azuro Protocol, bookmaker.XYZ is a revolutionary decentralized betting platform that aspires to become a cross-chain ecosystem. With support for both Polygon (MATIC) and Gnosis Chain (xDAI), the platform offers a powerful user interface for placing bets.

For more: https://decentralised.news/bookmaker-xyz-decentralized-betting-platform-by-azuro-protocol

SharedStake Ethereum Liquid Staking Protocol Review

What is SharedStake?

SharedStake is a user-friendly, Decentralized Open Source Protocol specifically designed to enable users to stake Ether of any quantity to Ethereum 2, while maintaining the liquidity and value of their staked amount. This innovative protocol ensures that your staked Ether remains an asset with value that can be used.

The primary goal of the SharedStake platform in the immediate future is to serve as a gateway for stakers. Simultaneously, it also offers a chance for yield farming with two significant assets generated by the protocol: the validator Eth2 (vEth2) and the SharedStake Governance Token (SGT).
Built to facilitate the transition to Ethereum 2.0 and beyond, SharedStake provides Staking-as-a-Service (StaaS) in a completely decentralized manner. This unique offering is designed to combat the high costs associated with Ethereum 2.0 staking, offering minimal fees as a cost-effective alternative.

SharedStake could be the ideal Staking-as-a-Service (StaaS) solution for you if you’re interested in gaining a stake in Ethereum 2.0 under the following circumstances:
+You lack the 32 Eth necessary to become a validator, an amount that equates to approximately $54,400 at the current market rate.
+You possess more than 32 Eth but not an exact multiple of this quantity, a requirement for participating in Ethereum 2.0 staking.
+You prefer not to run your own validator due to concerns about potential slashing penalties that could be triggered by unstable local energy conditions.
+You don’t wish to engage in the complex process of creating your own Eth2 deposit credential through the command line interface.
+You are looking for opportunities to earn yield from investing in Ethereum 2.0 while keeping the risk minimal.
+You are keen on reducing validator node infrastructure costs by sharing them with other participants.

For more: https://decentralised.news/sharedstake-ethereum-liquid-staking-protocol-review

How to Design an AI Order Book Trading Bot

The cryptocurrency market, characterized by its high volatility and rapid price fluctuations, presents both opportunities and challenges for traders. Among the advanced tools at a trader’s disposal, AI order book trading bots stand out for their ability to analyze granular market data and execute trades with precision. This article delves into the intricate process of designing AI models that analyze order book data, predict market movements, and execute trades, providing a comprehensive guide for creating a sophisticated AI trading bot.

Understanding the Order Book

Before delving into the design of an AI order book trading bot, it’s essential to understand the fundamentals of an order book. The order book is a real-time, continuously updated list of buy and sell orders for a specific asset on an exchange. It consists of:
+Bid Orders: Buy orders placed by traders, listed by price level, starting with the highest bid.
+Ask Orders: Sell orders placed by traders, listed by price level, starting with the lowest ask.
+Order Depth: The number of buy and sell orders at each price level, reflecting the liquidity of the asset.

Analyzing this data can provide insights into market sentiment, potential price movements, and liquidity conditions.

Key Components of an AI Order Book Trading Bot

Building an AI order book trading bot involves several critical components:
+Data Collection and Preprocessing
+Feature Engineering
+Model Selection and Training
+Backtesting and Optimization
+Execution and Risk Management

For more: https://decentralised.news/how-to-design-an-ai-order-book-trading-bot

The Rise of Central Bank Digital Currencies & Reassertion of State Control

From Bitcoin to CBDCs: The Changing Dynamics of Global Monetary Systems.

The political economy of digital currencies has become a dynamic field shaped profoundly by the emergence of cryptocurrencies like Bitcoin and the proposals for stablecoins. These digital currencies challenge traditional state-controlled monetary systems by offering alternative transaction methods that can bypass governmental oversight and control. The proposed shift toward decentralization and reduced state monetary power has significant implications, prompting reactions from governments and financial authorities worldwide.

Central Bank Digital Currencies (CBDCs) are pivotal in this ongoing monetary counter-revolution. Positioned at the intersection of innovation and regulation, CBDCs are proposed by states as a means to reassert control over monetary systems. This response is not merely about introducing new technology but is a strategic endeavour to reclaim authority that the widespread adoption of private digital currencies could dilute. By incorporating retail and wholesale digital instruments that mimic the properties of cash and are accessible to the general public, CBDCs aim to balance the technological advancements seen in the private sector with the regulatory and fiscal responsibilities of the state.

Bitcoin’s Role in Redefining Monetary Sovereignty
To appreciate the transformative potential of CBDCs, it is crucial to understand the broader context of digital currencies, starting with Bitcoin. As the first and most well-known cryptocurrency, Bitcoin introduces several pivotal economic and political dynamics that mirror the challenges and opportunities posed by CBDCs.

Bitcoin has reshaped perceptions of monetary sovereignty by providing an alternative to traditional currency systems.

Learn more: https://decentralised.news/the-rise-of-central-bank-digital-currencies-amp-reassertion-of-state-control