It is ideal for high-frequency transactions, with an operating speed 100x faster than Ethereum.
Bitcoin has experienced a significant demand surge, growing by 177,000 BTC and resulting in a 5% rally, which in turn has led to a 11% weekly gain outpacing the CoinDesk 20, which rose 9.6%. Analysts say continued demand growth is necessary for Bitcoin to reach new heights.
Cloudex, Storm Trade, Baby Unchained, and TaiNet are among the new cryptocurrencies making waves. The project also introduced yTAO, a yield-optimized, liquid staking token compatible with native TAO tokens, which can be used for additional yield-bearing DeFi activities.
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The platform offers two key features: Cloudex Desk, which aggregates data from multiple sources for easy understanding, and the Cloudex Index, which helps users invest passively in a portfolio of assets for minimal effort.
Storm Trade is a decentralized derivatives trading platform built on the TON blockchain. Cloudex aims to help users accumulate strategic wealth through compounding by blending decentralised finance with traditional investment strategies. The surge has sent Bitcoin to a ten-week high of more than $67,800, indicating strong investor interest. It allows users to trade Crypto, Stock, Forex, and Commodities with up to x50 leverage. The Pepe Frens With Benefits Developer Grant Program aims to attract top blockchain developers to construct on Pepe Unchained Layer 2, diversifying its ecosystem.
TaiNet revolutionized AI and blockchain industries in March 2023 by creating a decentralized marketplace for machine learning, enabling AI developers to connect to an incentivized network. The platform features an easy-to-use interface, advanced security protocols, and Social-Fi mechanics like squad trading tournaments, NFT collections, and copy trading.
Baby Unchained leverages Layer 2 blockchain technology for faster speeds and higher rewards, offering double the staking rewards.
