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Judul : HedgeTrade Weekly Insights
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HedgeTrade Weekly Insights

📣 Top News📊 Market Recap📈Charts👥Voices

View this email in your browser Hey Traders, Here is your weekly update on the market, news, and more! Top News RSK, a bitcoin sidechain, announced it would integrate with Chainlink oracles so developers may access market price feeds as well as other off-chain data when building their applications. The RSK feature is now live on their testnet with the mainnet launch coming up in a few weeks. Leadership at CoinMarketCap is expected to be replaced by Binance staffers as the exchange giant takes control of the popular coin ranking site. Five executives, including the interim CEO and VP Operations, have left CMC. BitMEX has now launched a mobile trading app in 140 countries, following its recent announcement of a new KYC requirement. A 51% attack has struck Ethereum Classic again, for the 3rd time in August alone. Mining company Bitfly first noticed the attack, which ended up reorganizing more than 7000 blocks. In response to community impatience with high gas fees caused in part by the steamrolling DeFi movement, 1inch DEX launched a Gastoken named "Chi" to initiate savings on transaction costs. Market Recap The DeFi markets continued to expand and proliferate this week. A Uniswap fork, SushiSwap, introduced a lucrative yield program for its SHUSHI token. In under a week, SushiSwap aggregated over $800million worth of tokens representing about 80% of Uniwap's total assets.  Yearn Financed launched yETH Vault to optimize ETH yields DeFi spanned out to tokenized bonds as the Multiplier Protocol recently completed a full audit led by security expert, Certick. HedgeTrade announced its entrance into DeFi staking and yield farming for their $HEDG token. Bitcoin market cap dominance experienced an all-time low for 2020 this week, just as it again hovering around the $12,000 price. Ethereum edged up to 12.90% dominance, an all-time high for the same time frame. DEX volumes have surged this week, now boasting over $4 billion in volume in the last week, with $1 billion during the 24 hours. Centralized exchanges are now second in line when it comes to listing new Ethereum-based assets. The Week in Charts Voices "The fact that Binance (still the largest CEX in crypto) is actually playing catch-up with listing 'DeFi tokens' is mind-boggling." - Anthony Sassano "The amount of tokenized Bitcoin on Ethereum has more than doubled in August...This growth has been largely a result of DeFi protocols adopting tokenized versions of Bitcoin and providing users' services on top of it." - Camila Russo   Learning The Surprising Truth About Crypto Volume Indicators The Curious Case of the Curve Launch Binance Doubles Down on DeFi Meme of The Week Have a profitable week! -The HedgeTrade Team info@hedgetrade.com | @HedgeTradeHQ Copyright © 2020 Rublix Development Pte. Ltd., All rights reserved. You can update your preferences or unsubscribe from this list.

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