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☕ Welcome back to The Morning Cup! Poloniex wishes you good health and happiness in 2023, and we hope that you have recharged during the time off.
🍾 🎊 Good Bye 2022, Hello 2023!
Thanks for your support, so that we have achieved a lot in the past one year, click here to review our milestones. In 2023, we wish your holdings go to the moon! 🌝
📈 📉 Market Watch
BTC, ETH start 2023 with small gains
Bitcoin (BTC) and Ether (ETH) have kicked off 2023 with modest gains before trading flat. According to CoinGecko and Decrypt, BTC is now trading at $16,676, and that’s a small increase of 0.6% in 24 hours, but it’s down 1.3% over the week. Meanwhile, ETH is now trading at $1,214, and that is up in the past 24 hours with an increase of 1.5%, but, it is down 0.9% over the past week.
🤑 New Listings on Poloniex
Here’s what we’ve listed recently:
🪙 New Coins
🔮 Futures
🔍 DYOR before trading
Polopedia — CEXs vs DEXs: what are the differences?
In this article, we will dive deep into the differences between Centralized exchanges (CEXs) vs Decentralized exchanges (DEXs) to help you understand which or what type of access is more suitable to your investment strategies.
Poloniex Exchange on Twitter: "CEXs are platforms provided by a single entity. They excel in user experience, liquidity & functionality. DEXs offer trading built on a blockchain via smart contracts. They excel at user privacy, custody of funds & lower fees.Learn more differences👉https://t.co/eg0jyQSzDB pic.twitter.com/v1v4T69E5M / Twitter"
CEXs are platforms provided by a single entity. They excel in user experience, liquidity & functionality. DEXs offer trading built on a blockchain via smart contracts. They excel at user privacy, custody of funds & lower fees.Learn more differences👉https://t.co/eg0jyQSzDB pic.twitter.com/v1v4T69E5M
Crypto Glossary — What does “To the moon” mean?
To the moon” is a phrase often heard in the crypto community and it means that the price of a particular cryptocurrency is rising off the charts. Meanwhile, the word, “moon”, can also be used solely as a verb (mooning) to describe the upward trend of a cryptocurrency. For example, Dogecoin (DOGE) went to the moon, gaining over 90% from around $8.1 billion to $15.9 billion at one point, after Elon Musk, the richest person in the world, took over Twitter, according to The Morning Cup, Poloniex’s weekly newsletter.
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Thanks for spending some time with us as we went over what’s going on. And wherever you are, from the team here at Poloniex, good morning, good day, and good evening!
☕️The Morning Cup: BTC, ETH start 2023 with small gains was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.