{"id":6837,"date":"2021-04-07T06:27:59","date_gmt":"2021-04-07T06:27:59","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/?p=6837"},"modified":"2021-04-07T06:29:42","modified_gmt":"2021-04-07T06:29:42","slug":"kusama-is-set-to-change-the-crypto-landscape","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/kusama-is-set-to-change-the-crypto-landscape\/","title":{"rendered":"April 7 Daily report: Polkadot futures open interest hits $1B, Kusama (KSM) is set to change the crypto landscape, Litecoin On The Verge Of Monster Move Against Bitcoin, Defi heats up and Balancer to Appear Outside Ethereum"},"content":{"rendered":"\n

Polkadot futures open interest hits $1B as DOT price reaches a new ATH<\/strong><\/h2>\n\n\n\n

The open interest of Polkadot<\/a> futures soared to $1 billion, eclipsing Litecoin and XRP to make DOT the third-largest futures market. Now that DOT’s open interest is climbing to a new record high at $1 billion, investors may be worried that another price crash is on the way.<\/p>\n\n\n\n

Kusama (KSM) is set to change the crypto landscape<\/strong><\/h2>\n\n\n\n

Kusama (KSM)<\/a> has been showcasing solid financial momentum in recent months, with the value of the cryptocurrency rising from $66 to a whopping $435 over the course of the last 90-days, thereby showcasing a gain of more than 600%. As a result, Kusama has been able to overtake many prominent projects including Tezos<\/a>, NEO<\/a>, NEM<\/a>.<\/p>\n\n\n\n

Litecoin On The Verge Of Monster Move Against Bitcoin<\/strong><\/h2>\n\n\n\n

Bullish technicals on the LTC-BTC trading pair are indicating a massive move against Bitcoin. Turning upward the last time in early 2017, took Litecoin<\/a> to its current all-time high. After holding onto the top ten like a champ, it could finally be time for digital silver to shine.<\/p>\n\n\n\n

\"Kusama\"<\/a><\/figure>\n\n\n\n

Celer (CELR), Cartesi (CTSI) and Compound (COMP) rally as Defi heats up<\/strong><\/h2>\n\n\n\n

Aiming to reduce the cost of transacting within Defi is attracting developers and investors to Celer Network, Cartesi and Compound<\/a>. Decentralized finance assets have also rallied significantly as the total value locked in Defi reached $100 billion on April 6 according to data from Defi Llama. At the start of the year, the TVL metric was only $20.74 billion, which shows there has been a massive amount of growth in the space.<\/p>\n\n\n\n

Balancer to Appear Outside Ethereum Could Become Algorand’s Uniswap<\/strong><\/h2>\n\n\n\n

Balancer<\/a>, one of the largest decentralized exchanges built on Ethereum<\/a>, is coming to Algorand. It\u2019s yet another example of a large Defi project expanding beyond Ethereum to one of the Ethereum blockchain\u2019s rivals. In doing so, it beats out larger rival AMMs Uniswap<\/a> and SushiSwap.<\/p>\n","protected":false},"excerpt":{"rendered":"

Polkadot futures open interest hits $1B, Kusama (KSM) is set to change the crypto landscape, Litecoin On The Verge Of Monster Move Against Bitcoin, Defi heats up and Balancer to Appear Outside Ethereum<\/p>\n","protected":false},"author":1,"featured_media":6840,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[687,688,46,460],"class_list":["post-6837","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-crypto-news","tag-kusama","tag-landscape","tag-litcoin","tag-polkadot"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6837"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=6837"}],"version-history":[{"count":1,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6837\/revisions"}],"predecessor-version":[{"id":6839,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/6837\/revisions\/6839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/6840"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=6837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=6837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=6837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}