The world is slowly but steadily switching to decentralization. With the advent of cryptocurrency, the decentralized finance industry was birthed and constituted a large part of the financial market. This has given way to the creation of DeFi tokens, a set of cryptocurrencies that focuses on the financial sector and aims at eliminating the need for intermediaries or third parties while making transactions. Many of these tokens are seen to have climbed high on the crypto ladder, guaranteeing investors significant returns on their investments. One of such is the Avalanche (AVAX) token, a cryptocurrency that solves the issue of scalability and ensures quick transactions. Also amongst such tokens is the CashFi (CFI), a cryptocurrency that promises to change the world of DeFi and NFT. In this article, we shall be reviewing these tokens and the part they have to play in setting their future investors up for wealth.

Theta (THETA): Decentralization of the entertainment industry

The Theta (THETA) blockchain is a decentralized video delivery platform. This ground-breaking network addresses both technological and financial issues in the streaming industry. As a result, the Theta (THETA) blockchain was created to encourage bandwidth sharing across the network. Users can donate their extra bandwidth and computer resources for token awards. Theta's (THETA) creators use an innovative new blockchain to address several difficulties that the video streaming business faces today. The platform's design, in particular, removes congestions in traditional content delivery pipelines. Thus, its users benefit from a worldwide infrastructure for video and data distribution. Music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more are all available through this open-source initiative. Furthermore, the platform's decentralized architecture ensures that users fuel Theta (THETA). With the demand for more online video content and entertainment, one can only expect Theta (THETA) to go up from here.

Avalanche (AVAX)

Another blockchain technology gaining traction as a competitor to Ethereum is Avalanche (AVAX). AVAX is Avalanche's native token. AVAX serves as the fundamental account unit for Avalanche's many subnets. 

Unlike Ethereum, where the gas cost is split between miners and burned, Avalanche's fee is entirely burned. To validate AVAX transactions, holders must stake their currency. Users with the most AVAX coins staked and active validators are more likely to be picked as validators for future Avalanche blocks. 

With its Consensus protocol, Avalanche (AVAX) promises to combine rapid transactions with a highly scalable trading experience. It averages 4,500 transactions per second, making it one of the fastest smart contracts platforms in the blockchain and DeFi industry. This has attracted a lot of investors and is said to increase in just a matter of time.

CashFi (CFI)

This token is on its way to becoming one of the most sought-after cryptocurrencies in the DeFi and NFT sector. This coin uses a unique free sharing point of view to make several asset classes available to its investors.

 After analyzing the blockchain and crypto markets, the developers of CashFi (CFI) discovered the characteristics exhibited by successful platforms. Capitalizing on the discovery, they aim to match and trump this by providing various features to various sections of the cryptocurrency industry. One of these is the creation of accessible and secure NFT marketplaces for its users. CashFi (CFI) aims to create a safe and user-friendly system with its creation of the CFI NFTs. This was built with the intention of expanding the NFT industry by creating an interoperable marketplace. This marketplace would help digital artists auction their NFT pieces at affordable prices and ensure a seamless operation during sales. 

Conclusion

With these and many more, these tokens are set to take over the crypto world. Early investors are sure to gain from Avalanche’s (AVAX) speed of transactions, Theta’s (THETA) decentralization of the entertainment sector and CashFi’s (CFI) creation of a suitable marketplace for NFT enthusiasts. These are tokens to watch out for in the near future.

For more information on CashFi (CFI), visit:

Presale: http://presale.cashfi.space/register

Website: http://cashfi.space

Twitter: https://twitter.com/CashFi_Token

Instagram: https://www.instagram.com/cashfi_token

Telegram: https://t.me/CashFi_Token

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How To Get In On Crypto 

Almost everybody invests in crypto, as it can become a second income when done properly. But the market has been down recently and this does not encourage people to join the cryptosphere. 

Maybe you want to start investing but are scared of the risks that come with being a beginner investor. One thing you must know is that the best time to buy crypto is actually when the market is down, and that is now.

As many worry about investing in the wrong digital asset and losing money, do not make the same mistake and consider investing in these two coins. The crypto market has recently pushed beyond the $2 Trillion wall and many investors have seen their returns. Do not miss your chance and watch out for Tron (TRX) and Mushe (XMU).

Profits For This Week

Tron (TRX)

Launched in 2017, TRON (TRX) is a decentralised blockchain-based operating system created by the Tron Foundation. 

According to the whitepaper, the long-term objective of Tron is to accelerate the internet’s decentralisation. As such, the platform includes a variety of innovative decentralised project offerings.

The platform functions as a tool for developers to create dApps and consequently, it is an alternative to Ethereum. The TRON software supports decentralised applications (dApps) as well as smart contracts.  

Additionally, the platform allows any investors to create dApps on the TRON network, offer content, and be rewarded with digital assets.

The platform's governing coin is the TRX token and is used for the payment of fees on the Tron blockchain. As more projects surge, the more TRX tokens circulate as the price value increases.

According to CoinMarketcap.com, the token acquired 10% in the last 24 hours and is currently the 24th largest coin by mark cap. The TRON price today is $0,074048 with a live market cap of $7.5 Billion.

Mushe (XMU)

The XMU Token serves as the utility token to the Mushe Ecosystem and is a decentralised cryptocurrency that provides peer-to-peer interaction, rewards, and governance utility.

The platform is recent to the market but investors are already praising it for its innovative features. It has a Mushe Wallet which allows users to buy and exchange crypto coins.

It also includes Mushe DeFi for voting, playing in the lottery and plenty of rewards programs and a Mushe Chat, a social platform that bans third parties and other investors from accessing the personal details of users.

With a strong Metaverse presence, the platform contains a Mushe Verse. It is a place for users to socialise, play and earn in the Metaverse ecosystem. 

Similarly, Mushe (XMU) is aware of the recent NFT hype and has included Mushe NFTs. These symbolise ownership of Mushe services and can be purchased with the token.

The token is currently in its presale which makes it the best time for you to invest. Buy Mushe now for cheaper and sell it for higher once the price value increases.

Join Mushe’s Presale:

Website: https://www.mushe.world/

Presale: https://portal.mushe.world/sign-in

Twitter: https://twitter.com/Mushe_World

Telegram: https://t.me/musheworldXMU

Instagram: https://www.instagram.com/mushe_world/

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

Cryptocurrencies are off to a good start this week.

Ether, the world's second-largest digital currency, rose more than 4% in 24 hours on Monday to a new all-time high of $4,700. According to Coin Metrics statistics, the token was last trading at $4,740.

Bitcoin, meanwhile, rose 7% to $66,250, edging closer to a record high of $66,900 established in late October.

The reason for the relocation was unclear. Cryptocurrencies are notorious for their extreme volatility, with price fluctuations of up to 20% higher or lower being very usual.

A $70,000 price for bitcoin now "seems imminent," according to Mikkel Morch, executive director of crypto hedge fund ARK36.

"Importantly, the increase does not appear to be driven by leverage, but rather by increased demand on the spot market, where there is currently very little sell-side liquidity," Morch wrote in an emailed note on Monday.

DeFi

It comes as interest in DeFi grows, but regulators have recently taken notice, and experts have warned that a crackdown is on the way.

Ethereum also serves as the foundation for several nonfungible tokens, or NFTs, which act as digital receipts for rare commodities such as online art.

This year has witnessed a surge in activity, with one token selling for a record $69 million at Christie's.

Even yet, either has some stiff competition. Rival tokens like as solana and cardano have seen significant price increases this year.

Video Courtesy Of CNBC

The SEC has hired a company out of California named 'AnChain AI' and begun a 5 year contract reportedly costing $625,000 - with the goal of  implementing greater oversight over the world of decentralized finance platforms (aka DeFi).

Company CEO and co-founder Victor Fang says they "will provide the technology to analyze and track smart contracts". AnChain AI says their software uses artificial intelligence and machine learning, and includes a tool that flags potentially suspicious transactions and wallets.

Fang says the big picture is to stop “post-incident investigations” by preventing the incidents to begin with, which he describes as “defense all the way up the upstream”.

They list Microsoft and crypto exchange Huobi as clients.

The SEC Has Not Yet Commented On The Deal, But Recent Quotes From It's Director Give Us Some Insight...

Since April of this year Gary Gensler has been the director of the SEC, and he isn't new to Bitcoin - he taught a class on it at MIT.  So many give him the benefit of the doubt when he says the organization's goal is always to protect investors.

With so many politicians clearly uneducated on crypto, supporters hope that his knowledge about Bitcoin will translate into common sense regulation actions.

Gensler recently spoke to the Wall Street Journal, where he stated that DeFi projects are not immune to regulation, and aren't as decentralized as many believe -  often having some centralized elements.

Likewise, even if the app itself is decentralized, if a small group of developers make all the decisions for it, that's a form of centralization as well. 

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Author: Mark Pippen
London News Desk / Breaking Crypto News