Mainframe (MFT) news

Bitget Bites (December 15, 2022)

The global market cap is standing at US$861 billion, showing a 1.29% decrease from yesterday and the 24-hour volume also went down by 13.15% to US$46.26 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$18,323.21 and US$17,609.45 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$17,727.07, which is a 0.50% decrease compared to Ethereum's 2.19% decrease. Altcoin prices are seeing red, with BNB (-4.10%) being the only altcoin in the Top 10 trading above the volume of US$1 billion. The highest price and lowest price levels of BGB in the last 24 hours were US$0.1912 and US$0.1856, respectively. The Top 3 Gainers of The Day are MinePlex (PLEX), Hifi (MFT), and Axelar (WAXL): 1st Place PLEXUSDT: Up by 5.76% MinePlex is a new generation mobile crypto bank with its own blockchain and liquid token. PLEX is trading at a current market price of US$0.1338, having touched a high of US$0.135 and a low of US$0.1163 in the past 24 hours. 2nd Place MFTUSDT: Up by 5.09% Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. MFT is trading at a current market price of US$0.006909, having touched a high of US$0.007054 and a low of US$0.006491 in the past 24 hours. 3rd Place WAXLUSDT: Up by 4.55% Axelar delivers secure cross-chain communication for Web3. WAXL is trading at a current market price of US$0.4664, having touched a high of US$0.5046 and a low of US$0.4329 in the past 24 hours. Meanwhile, the Top 3 Losers include XENUSDT (-14.17%), XETAUSDT (-12.02%), and VISIONUSDT (-8.25%). Futures Market Updates Future activities are cooling down, with the Open Interest (OI) of all cryptocurrencies now recorded at US$4.13 billion, equivalent to a 7.79% 24-hour decrease. The aggregated futures volume saw a 6.85% increase to US$294 billion. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 67% of the total OI, now standing at US$2.81 billion, which shows a 7.62% decrease from yesterday. The daily volume of Bitcoin contracts increased by 12.60% to US$252,385.78. Funding rate of the last cycle stands at 0.0000%. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now bearish at 42.75%/57.25%. Most BTC long ETFs locked in a price increase yesterday, same goes for the highly anticipated ProShares' BTCUSDT">BTCUSDT">Short Bitcoin Strategy ETF (BITI), which closed the day at US$37.45 from the opening price of US$37.15. Interesting Topics Comprehensive Manual to Bitget Spot Margin Trading Why Is It Necessary To Use A Stop Loss? Bitget Shark Fin Introduction Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (December 8, 2022)

The global market cap is standing at US$843 billion, showing a 1.37% decrease from yesterday but the 24-hour volume went up by 3.78% to US$37.08 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$17,050.07 and US$16,750.00 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$16,884.77, which is a 0.87% decrease compared to Ethereum's 2.01% decrease. Altcoin prices are seeing red, with no altcoin in the Top 10 trading above the volume of US$1 billion. The highes t price and lowest price levels of BGB in the last 24 hours were US$0.1865 and US$0.1805, respectively. The Top 3 Gainers of The Day are Hifi Finance (MFT), NuCypher (NU), and Zebec (ZBC): 1st Place MFTUSDT: Up by 10.09% Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. MFT is trading at a current market price of US$0.006814, having touched a high of US$0.006906 and a low of US$0.005747 in the past 24 hours. 2nd Place NUUSDT: Up by 6.66% NuCypher (NU) are the native tokens used on the NuCypher network. NU is trading at a current market price of US$0.1065, having touched a high of US$0.1076 and a low of US$0.09809 in the past 24 hours. 3rd Place ZBCUSDT: Up by 6.17% Zebec is a continuous Settlement Protocol that will transform payroll, cash flow, and token vesting by allowing users to send payments and distributions every second. ZBC is trading at a current market price of US$0.01442, having touched a high of US$0.01464 and a low of US$0.01336 in the past 24 hours. Meanwhile, the Top 3 Losers include XUSDT">WEMIXUSDT (-47.89%), BOTUSDT (-18.92%), and REVOUSDT (-17.47%). Futures Market Updates Future activities are warming up, with the Open Interest (OI) of all cryptocurrencies now recorded at US$3.98 billion, equivalent to a 0.76% 24-hour increase. The aggregated futures volume saw a 39.73% increase to US$321 billion. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 67% of the total OI, now standing at US$2.66 billion, which shows a 0.04% decrease from yesterday. The daily volume of Bitcoin contracts increased by 23.21% to US$162,450.17. Funding rate of the last cycle stands at 0.0000%. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now bearish at 39.85%/60.15%. Most BTC long ETFs locked in a price increase yesterday, same goes for the highly anticipated ProShares' Short Bitcoin Strategy ETF (BITI), which closed the day at US$39.95 from the opening price of US$39.72. Interesting Topics Data Story: Merkle Tree Proof-Of-Reserves (PoR) What is Market Sentiment and Why Is It Important? (Part 1) How Gamma Squeezes Can Exacerbate Short Squeezes Trending Events Predict World Cup Winners with Messi to Share 1,000,000 BGB! Invite A Friend To Share $10 - No Limits On Rewards! 100 Dollars Every week for Merchants! On Bitget P2P! GET $5 FREE on your First Trade, Available to All! Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram