Decentralized Finance or DeFi is most often used to refer to the emerging financial ecosystem on the blockchain that is powered by smart contracts and decentralized applications. …
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Last week we said: Bearish technical indicators but bullish divergence paints a hopeful picture for Bitcoin. A successful hold of the $40-42k demand zone is setting up a potential retest of the key $48k level for BTC – which represents both the daily 200 SMA and the weekly 50 SMA. Bullish divergences were pointing to a possible retest of the $48k level, but after failing to break through the local $45k resistance – BTC has retraced to support. Let’s see …
The Midas team has prepared a summary of the DeFi market, events, and important news that happened last week. …
Last week we said: Price Analysis is bearish on all timeframes but some potential bullish divergence may shift the tide. Investor sentiment also appears bearish as fear is dissipating despite the flat or lowering market. Strong fundamentals may save BTC, and long term holders have retained their conviction and continue to accumulate. At the time of our previous article, BTC was trading at about $46k and had broken below our key support level at the daily 200 and weekly 50 …
Midas token on Fantom blockchain We are excited to announce the launch of MIDAS token on the Fantom blockchain. Based on the Fantom blockchain, Midas opens ourselves to the expected growth of the Fantom network, community and marketplace. The maximum supply of MIDAS token remains at 5,000,000 with a current circulating supply of 2,464,000. FLN and MIDAS coin are joining forces to create a singular asset for the Midas ecosystem. How to swap Midas to Fantom blockchain As of today, …
We spoke with Nikita, a DeFi analyst at Midas.Investments, about Celo and why you should invest in it. Before we got started on the topic, we asked Nikita if he could tell us a little bit about himself. “I am currently DeFi analyst at Midas.Investments, but I do it a part-time because I am also a second-year student at the University of Oxford. I am majoring in history, but I have wide-ranging interests. And actually, the thing that got me …
Midas.Investments is happy to announce the listing of Celo (CELO) on the platform with interest rate up to 17% APY. Recently we took a new turn to DeFi projects, so this is the first round of listings. Celo is a blockchain ecosystem focused on increasing cryptocurrency adoption among smartphone users. By using phone numbers as public keys, Celo hopes to introduce the world’s billions of smartphone owners, including those without banking access, to transacting in cryptocurrency. The network also allows …
Starting from today every user of Midas platform will have maximum yield for all the assets and no fees for holding coins and YAPs. We decided to take down the need of activating Lock-in. There are four major points that makes it the best strategical decision for Midas growth. 1. The new Midas business model This Fall we found a scalable yield source together with Fline team, which is automated Uniswap 3 Liquidity pool management hedged by options. It can …
Midas.Investments is happy to announce the listing of Avalanche (AVAX) on the platform with interest rate up to 17% APY. Recently we took a new turn to DeFi projects, so this is the first round of listings. Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having …
Midas.Investments is happy to announce the listing of Synthetix (SNX), Sushiswap (SUSHI), Aave (AAVE), USD Coin (USDC), Dai (DAI) on the platform with interest rate up to 18% APY. Recently we took a new turn to DeFi projects, so this is the final round of listings. Our goal is to provide the highest and transparent returns for major DeFi tokens and ecosystems. DeFi YAP is coming right after we finish the listing phase. The Fline and Midas coins will be swapped for the new single Midas …
We chatted with Stepan Krasnov and Daniel Monchar from Mercuryo.io on how to find a job in the crypto world. Stepan works as a sales specialist for Mercuryo. He had worked for a Russian-based FinTech company before joining Mercuryo. Daniel works for Mercuryo as a Business Development Manager. He began the happy hour discussion by introducing us to Mercuryo. Mercuryo is an Estonian-based cryptocurrency exchange service providing businesses and consumers with a quick way to buy and sell crypto with …