China News Official TheBitTimes.com

Decentralized finance and crypto projects that foster this system have enjoyed widespread acceptance for years now. In that span, projects like Just (JST) stepped into the crypto world and soon carved a niche for the project and its ecosystem, leveraging diversification and the DeFi hype to attract investors and whales. A few years down the line and the project has experienced the volatility of the crypto market in all its ‘glory’ and form, leaving investors at crossroads. Now, the million-dollar question investors keep asking is if JST can reach the $1 height this year and that’s the purpose of this article. So, grab a snack, sit back, and dig in for the million-dollar answer here. What is Just (JST)? JUST (JST) is a TRON-based decentralized protocol that allows users to use stablecoins and other DeFi services like lending and borrowing. With the TRON20 standard JST token, Just adds another integral part to its suite of helpful PR oducts. This token helps to mint U...

The world of crypto has been filled with excitement over the past few months as new and highly promising high growth coins have entered the space. These new coins include mass appeal meme coins such as Pepe Coin, as well as presale superstars like Big Eyes, or even disruptive and innovative newcomers such as ApeMax .  Crypto buyers and analysts are patiently waiting with anticipation for the signs of the next crypto bull run or market upswing, and hoping to capitalize on the future reinvigoration of the crypto market by looking for the coins that could deliver high returns and massive gains when the next crypto bull market comes around. In this article, we will discuss 3 hotly monitored new crypto coins: ApeMax , Big Eyes Coin, and Pepe Coin, and discuss what makes each of them unique and interesting. This in-depth Analysis showcases the unique Features and attributes of these fresh crypto tokens, and curates and summarizes information collected from a diverse range of so...

Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic. The United States Federal Reserve has announced a coordinated effort with five other central banks aimed at keeping the U.S. dollar flowing amid a series of banking blowups in the U.S. and in Europe. The March 19 announcement from the U.S. Fed comes only a few hours after Swiss-based bank Credit Suisse was bought out by UBS for nearly $2 billion as part of an emergency plan led by Swiss authorities to preserve the country's financial stability. According to the Federal Reserve Board, a plan to shore up liquidity conditions will be carried out through “swap lines” — an agreement between two central banks to exchange currencies. Swap lines previously served as an emergency-like action for the Federal Reserve in the 2007-2008 global financial crisis and the 2020 response to the COVID-19 pandemic. Federal Reserve-initiated swap lines are de...

This is the first time an EU Member State will use blockchain technology for bank and insurance guarantees, according to Algorand. Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy's banking and insurance markets. The Algorand- support ed platform is expected to be launched in early 2023. According to Algorand’s Dec. 13 announcement, this is the first time an EU Member State will use Blockchain Technology for bank and insurance guarantee s. A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan. It's an alternative to providing a security bond or a deposit to a supplier or vendor. An insurance guarantee is similar but is offered by an insurance company rather than a bank.  Algorand said that blockchain technology was ideally suited for the "Digital Sureties" platform because of its fast, efficient, low-cost, and sc...