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Blockchain

Is Pancakeswap the New Uniswap? Why PancakeSwap Is Surging & What’s Next?

The growing influence of Binance Smart Chain (BSC) amid skyrocketing gas fee on Ethereum network has not just sent Binance Coin (BNB) the native token to the moon, in fact, it has led to significant market flipping in the defi market where Pancakeswap, a BSC based defi protocol has seen greater trading volumes than market leader such as Uniswap.PancakeSwap, a defi protocol largely unknown prior to the recent BSC craze has seen massive on-chain volumes gaining nearly 72% volume over the past 24 hours itself.  The…

Max Keiser: Silver Price Gap of $500 Required to Short Squeeze Wall Street’s Fake Sell Orders

The Reddit group Wallstreetbets is now eyeing to short squeeze silver market, one of the heavily shorted markets with the majority of the short position bought by JP Morgan. The price of silver has already risen by 6% for the day and it seems the Redditors have started buying the Silver similar to GME stocks.With the current price of the silver spot price at $26, the price would need to go up to $500 to pull a Melvin on JP Morgan.With Nasdaq and Robinhood halting Gamestop GME stock trading amid retailers…

Roles of Cryptocurrencies in Global economic transformation

If you are quite familiar with the finance sector, you just have come across the word “Cryptocurrency.” It has been in debate for over some time now. It has now gained stardom across economies and countries at large. While several online platforms now accept crypto as a means of payment, others remain skeptical. However, one of the essential characteristics of cryptocurrencies is that they are accessible.There are several cryptocurrencies worldwide, and some of them include Bitcoin, Ethereum, Monero, and others. These…