How Will Gnox (GNOX) Affect Other 'Hold To Earn' Projects, Like Pancakeswap (CAKE) And Biswap (BSW)?


Competition is natural. Within the world of crypto, competition is even fiercer than in other asset classes because of the discreet nature of blockchains, with even protocols based on the same chains competing for liquidity from investors.

Timeline of Biswap, Pancakeswap,

Regardless of prevailing market conditions, DeFi (decentralised finance) continues to swell with more projects being released every day, and the current projects adding new utility. DeFi currently represents a haven for investors; with the current price of crypt assets, not only are they generating yields, but those yields will soar in value in the coming months.

On July 27th, the Pancake (CAKE) price rebounded from the support trendline with a minor star candle pattern. The resulting run-up amid improving market sentiment surged the market price 24% higher and breached the $3.55 and $3.85 resistances.

PancakeSwap today announced the integration of Chainlink Keepers on the BNB Chain mainnet to help secure its CAKE Prediction Market. The new CAKE Prediction Market is similar to the BNB Prediction Market on PancakeSwap, which has turned out to be one of the most popular prediction markets. Using the CAKE Prediction Market, PancakeSwap users will The post PancakeSwap integrates Chainlink Keepers for its CAKE Prediction Market appeared first on Invezz.

PancakeSwap surges 9% as Binance labs make a strategic investment we can see more today in our latest Binance news today. The price of PancakeSwap surges 9% after binance revealed a strategic investment in the platform and now CAKe skyrocketed by about 9% as the exchange revealed a strategic investment in the decentralized exchange.

Technical Key Point PancakeSwap rise by 7.83% Cake is currently trading at $4.77 PancakeSwap Past Performance PancakeSwap's price has increased by 7.83% in the last 24 hrs, and its volume of trading is $168,344,066.42. The highest price in the last 24 hours was $4.84 while the lowest was $4.34, a difference of $0.50 or 11.77%.

The native token of a decentralized exchange (DEX) is heating up after news broke that it was receiving an investment from the venture capital wing of crypto behemoth Binance. Today, Binance Labs announced it has invested an undisclosed amount in PancakeSwap (CAKE). Binance says the investment will provide both technological and marketing support as part The post Binance Triggers Rally for Decentralized Finance Altcoin With Announcement of Strategic Investment appeared first on The Daily Hodl.

Recently, Binance has established a $500 million fund to help the Web3 economy and cryptocurrency start-ups in general. On Monday, Binance Labs, the world's largest crypto exchange's venture capital and investment arm, made a strategic investment in PancakeSwap.

PancakeSwap's CAKE token has jumped in price after Binance Labs announced it had bought an undisclosed amount of the governance token. The post PancakeSwap (CAKE) price rises 9% as Binance Labs purchases tokens appeared first on The Block.

Binance Labs, the venture capital and investment arm of the world's largest crypto exchange, announced a strategic investment into PancakeSwap on Monday. According to the official statement released by the company, the capital was deployed into CAKE, the governance and utility token for the protocol.

The world's largest crypto exchange Binance on Monday said its venture arm Binance Labs has made a strategic investment in PancakeSwap's governance and utility token CAKE. Binance Labs envisions leading the next wave of global blockchain adoption by providing technology development, marketing and community support, and Web3 solutions.