While it is not clear the present direction of the crypto market, OKB (OKB) recently surged by 26%, Algorand (ALGO) has been dropping in value, and Tradecurve, a new trading exchange, is set to reward investors with 50x gains.
OKB (OKB) spikes with new NFT partnership
OKB is the native asset of OKX crypto exchange which is used to access the products and services of the exchange. It is also used for voting and governance.
Following an analysis report by TWJNews, between 8th – 14th April, the price of OKB increased by 26%, reaching a new high of $56.47 on April 15th. The report also stated that the sentiment around the coin is bullish, with an 11% increase over the past month.
Furthermore in the report, the driving factor for this impressive growth of OKB was attributed to the news that OKX was partnering with Blur.io, the Ethereum-based NFT marketplace. The plan is to enable the full integration of the OKX Wallet onto the Blur.io platform.
Additionally, OKX is revamping its Earn offering into Simple Earn, On-chain Earn, and Structured Products to provide users with a more streamlined experience. Also, they will need the native token to access the re-branded service.
Algorand (ALGO) gets hit by regulators
Algorand (ALGO) is a Pure Proof of Stake blockchain focused on scalability and decentralisation. The Algorand platform is designed to process many transactions quickly, similar to major payment processors like Mastercard or Visa. It boasts 1,500 TPS and 5 seconds finality. Nevertheless, the coin’s value has been on a decline of late.
This drop in value can be traced to a Securities and Exchange Commission (SEC) filing that was made public on April 17th in which charges were laid against crypto exchange Bittrex. In that filing, the SEC asserted that Bittrex has been acting as an unregistered securities exchange, and alleged that $ALGO is also a security.
In response, The Algorand Foundation disputed the assertion via a tweet. However, investors do not seem convinced and may now be associating ALGO with regulatory risks. As of the time of writing, Algorand (ALGO) is trading at $0.185, a more than 20% drop in the past seven days.
Tradecurve Phase One Presale Sells out in less than a week
Tradecurve is a new hybrid trading exchange with multiple asset compatibility, the platform enables users to trade a variety of assets such as; crypto, stocks, forex, and commodities from one account. Interestingly, users do not need to complete a KYC to enjoy the special features of Tradecurve ranging from; high leverage, trading bots, a decentralised wallet, deposit bonuses and negative balance protection.
Only two steps are required for customers to use Tradecurve’s platform, sign up with your email and deposit your preferred cryptocurrency. After completing these steps, users can trade global financial markets on the platform.
Additionally, Tradecurve’s exchange is designed to give users the best experience with low fees, transparent transactions, multiple asset classes, and zero regulatory issues like the case of $ALGO.
The native utility token $TCRV powers the entire Tradecurve ecosystem, holders of the token enjoy a number of benefits including; discount on trading fees, passive income from staking, access to trading academies via the metaverse, VIP account status, copy trading, automated trading and the ability to use AI to execute trades.
Experts are excited about Tradecurve’s future with the pioneers native token predicted to increase 5,000% during presale and a 100x upon launch.
Find out more about Tradecurve presale below:
Website: https://tradecurve.io/
Presale: https://app.tradecurve.io/sign-up
Telegram: https://t.me/tradecurve_official
Twitter: https://twitter.com/Tradecurveapp
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