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Automated market makers (AMMs) enable digital assets to be traded without permission and automatically with the help of liquidity pools, rather than a traditional market of buyers and sellers. In other words, AMM is the underlying protocol that powers all decentralized exchanges (DEXs), which in turn, allows users to directly exchange cryptocurrencies without the need of an intermediary. AMMs automate the pricing and order matching process on the exchange. Let’s take a look at the 10 biggest AMM cryptocurrencies. 10 Biggest AMM CryptocurrenciesQ4 2022 hedge fund letters, conferences and more L...
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Decentralized exchanges, or DEXs, are exchanges that operate in a decentralized manner, or without any interference from a third party. This type of exchange allows users to make peer-to-peer transactions, or trade cryptocurrencies directly with others without handing over the management of their funds to any intermediary or custodian. Also, DEXs allow users to retain control of their wallet’s private keys. Let’s take a look at the 10 biggest decentralized exchange cryptocurrencies. Q4 2021 hedge fund letters, conferences and more Ten Biggest Decentralized Exchange CryptocurrenciesWe have used...
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2021 was on track to be another exceptional year for cryptocurrencies, but December proved a bit different. Many major cryptocurrencies witnessed a significant drop last month, including Bitcoin. The biggest cryptocurrency by market value dropped 19% last month, its largest drop since May and its worst December since 2013. Experts say that the rise of Omicron cases is partly responsible for this drop. Let’s take a look at the ten worst performing cryptocurrencies in December 2021. Q4 2021 hedge fund letters, conferences and more Ten Worst Performing Cryptocurrencies In December 2021We have tak...
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