SEE! WHALES BUYING 3 ALTCOINS
Cryptocurrency whales are seizing these three digital coins pending a final decision on their stability. Coinbuzz reported on Thursday that stablecoin issuer Financial is expanding its natively-backed Avalanche blockchain asset with the euro-peg coin. Several decentralized finance applications and projects now support the Avax token, which was released almost eleven months ago.
Circle launched a euro stablecoin called Eurocoin in March as the second major fiat token. Around 47 million euro coins are currently in circulation. Twitter user Circle announced today that the stablecoin is hosted natively on the Proof of Seg Avalanche blockchain and developers can count on Avalanche to provide users with faster and more efficient solutions. In addition, cash in Euro C is available to eligible businesses with a Circle account.
Trading on the Synthetics platform reached $1 billion in volume last week via GMX. This is thanks to the optimism that comes with incentivizing traders in the form of tokens. Quinta, a decentralized app, has also been growing in popularity since its announcement last year. These trends suggest more money is flowing into the ecosystem, and previous analysts were right: quint volumes are likely to be inflated due to stimulus.
Binance is rolling out a new NFT lending feature that will allow digital asset holders to obtain ETH loans by using their NFTs as collateral. The new server is called Binance NFT Loan and will allow people to use Bluetooth NFT to lend cryptocurrencies, starting with eth. According to the platform, the instrument offers competitive interest rates, instant liquidity, no gas fees, and liquidity protection. It uses a peer-to-pool approach and Binance acts as a credit pool. The feature launched today will initially only support Ethereum lending, NFT board API clubs will also be supported. Mutant Apiat Club Azuki and these my tune collections will be released to the production manager on Binance? said in a press release that the new feature will offer holders new liquidity options, allowing them to participate in the market without giving up valuable NFTs. We've added many features that make it a one-stop shop for NFT trading and financial services for our community. Binance recently expanded its NFT offering to remain competitive given the trends observed in the crypto space. In March, the platform launched a beta version of Picasso, an AI-powered NFT generator, and announced in May that it would soon support Bitcoin NFT. In a recent interview,
Ripple CEO Brad Garlinghouse predicted that the longstanding legal battle between the company and the U.S. Securities and Exchange Commission would be settled within weeks. Garlin House said: "I am very confident that we will see a court decision this year, in fact, I think it will be weeks not months."