What Is Maker (MKR) Token? Maker (MKR) is the governance token of the MakerDAO ecosystem, which is built on the Ethereum blockchain. MakerDAO is a decentralized autonomous organization that operates the Dai stablecoin system. The MKR token holders have the power to vote on various proposals that affect the MakerDAO ecosystem, including changes to the […]
What Is Fantom (FTM) Token? Fantom (FTM) is a cryptocurrency and smart contract platform that aims to provide fast and scalable blockchain solutions. It is designed to overcome the limitations of existing blockchain platforms by offering high throughput, low transaction fees, and quick confirmation times. Key features of Fantom include: 1. Lachesis Protocol: Fantom uses […]
What Is Kaspa (KAS) Token? Kaspa (KAS) is the native utility token of the Kaspa blockchain network. The Kaspa network is designed to address the scalability issues faced by traditional blockchain networks by introducing a novel blockDAG (Directed Acyclic Graph) architecture. This architecture allows for parallel processing of transactions, enabling the network to handle a […]
The US manufacturing industry Purchasing Managers Index (PMI) increased by 0.3 points monthly in March, reaching 52.5, the highest level in 21 months. Second-hand home sales in the USA increased by 9.5 percent in February, reaching the highest level in a year. Cryptocurrency exchange FTX aims to negotiate a reduction in the US government’s bankruptcy […]
Gold rose above $2,200 per ounce for the first time after the Fed maintained its forecast of three interest rate cuts this year. Fed kept the policy rate unchanged at 5.25-5.50 percent at its March meeting. The interest rate decision was taken unanimously. The expectation was that interest rates would not change. The Fed has […]
What Is VeChain (VET) Token? VeChain (VET) is a blockchain platform that aims to enhance supply chain management and business processes. It uses blockchain technology to improve transparency, traceability, and efficiency in various industries such as logistics, agriculture, luxury goods, and more. Here are some key points about VeChain (VET) token: 1. Dual Token System: […]
What Is Pepe (PEPE) Token? Pepe (PEPE) Token is a cryptocurrency token that was originally created as a digital collectible based on the popular internet meme character Pepe the Frog. Here is some detailed information about the Pepe (PEPE) Token: 1. Origin: Pepe the Frog is a cartoon character that became an internet meme and […]
What Is Optimism (OP) Token? Optimism (OP) Token is a cryptocurrency token associated with the Optimism network, which is a layer 2 scaling solution for the Ethereum blockchain. Optimism aims to improve the scalability and efficiency of Ethereum by utilizing optimistic rollups, a technology that enables faster and cheaper transactions without compromising security. Here are […]
What Is Arbitrum (ARB)? Arbitrum is a layer 2 scaling solution built on the Ethereum blockchain that aims to improve the scalability and performance of decentralized applications (dApps) by reducing transaction fees and increasing transaction speeds. It is developed by Offchain Labs and utilizes a technology called Optimistic Rollup. Here are some key features and […]
Oil prices calmed down after a two-day rise as U.S. crude stockpiles pointed to a decline and investors counted down the Fed’s interest rate decision that will shape the overall course of the market. The People’s Bank of China kept one- and five-year loan interest rates unchanged at 3.45 percent and 3.95 percent, respectively. Asian […]