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DOGE Good For Cyrpto? Year Finance's Andre Cronje Responds


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Dogecoin reached a new all-time high and was 98% of becoming the third’s largest cryptocurrency by market cap, overthrowing Binance’s native token BNB. DOGE’s 25,518% 1-year rally has started a debate in the crypto space about its implications for the whole sector.
Ethereum-based protocol Yearn Finance creator, Andre Cronje, weighed in on the discussion. Unlike those who think Dogecoin could trigger a negative effect across the industry, Cronje feels the exact opposite. He claims the Dogemania could attract new investors into the crypto space.
Comparing Dogecoin with lolcats, a project responsible for attracting new users in the early days on the internet, Cronje said Dogecoin could have a similar effect, before disappearing into oblivion. The developer said: ....

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Hong Kong exchange expects 'robust' performance to continue after record Q1


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28 Apr, 2021
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Rebecca Isjwara
Hong Kong Exchanges and Clearing Ltd. is facing a softening in trading volumes as it enters the second quarter after a record performance in the first three months of 2021, though the bourse operator expects to attract more liquidity from mainland China and stay one of the world s top IPO destinations.
It s only April, I can t say too much about the projection of the second quarter, the exchange s interim CEO Calvin Tai said at an April 28 earnings call with journalists. When I say softer, it s in comparison to the first quarter, which is exceptional. If we look at April volume, even though we said softer, it s still roughly 20% higher than the ADT [average daily turnover] last year. While the market liquidity is still pretty high, we ve seen that it s not as high as in January or February. ....

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