0x Protocol's Token Surges Over 47% After Coinbase NFT partnership
A partnership between Coinbase NFT and 0x protocol has sent the ZRX token soaring, with a 47% rally over the past 24-hours.
Computing
Oracle
Oracle
The 0x price is $0.21, a change of 0.16% over the past 24 hours as of 12:21 p.m. The recent price action in 0x left the tokens market capitalization at $214,157,949.24. So far this year, 0x has a change of 43.67%. 0x is classified as a Computing under CoinDesks Digital Asset Classification Standard (DACS).
Will Warren and Amir Bandeali co-founded 0x in 2016 with the intention of providing a standard protocol on the Ethereum blockchain that allows any Ethereum token to be traded. 0x enables the peer-to-peer exchange of Ethereum-based tokens and is often referred to as a decentralized exchange (DEX). The 0x platform provides a means of exchanging a variety of tokenized assets such as stocks, gold, real estate and video game items, seeking to promote interoperability between decentralized applications (dapps). 0x’s own ethereum token (ZRX) is used to pay trading fees to relayers. ZRX token owners can influence the blockchain’s governance — giving them the authority, proportional to their holdings, to provide input as to how the protocol should be developed over time. 0x has capped the ZRX supply at 1 billion tokens.
The 0x price page is part of The CoinDesk 20 that features price history, price ticker, market cap and live charts for the top cryptocurrencies. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
The Federal Reserve's two-day meeting is underway, with a decision on interest rates expected Wednesday afternoon. Tactive Wealth Advisor Eddy Gifford shares his outlook on bitcoin (BTC). This comes as Bloomberg reports a bipartisan group of U.S. senators is pushing Silvergate Capital to provide more details about what it knew about FTX’s alleged misuse of customer funds. And 507 Capital Managing Partner Thomas Braziel joins the conversation discussing the latest legal developments for bankrupt crypto lender Celsius.
BTC
ETH
USDT
BNB
XRP
CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
A partnership between Coinbase NFT and 0x protocol has sent the ZRX token soaring, with a 47% rally over the past 24-hours.
The 13 include 1inch, Bancor, Curve, Polygon and 0x.
Jason Somensatto joined the CFTC in February.
Diving in deeper on cryptocurrency.