Mobile Decentralized Exchange Says It Prevents Hacking, Cuts Fees and offers Fixed Rates
Tuesday, April 23 crypto markets rallied today, with bitcoin (BTC) hitting its new 2019 high of over $5,500.Most of the top 20 cryptocurrencies by market cap are solidly in green at press time, with tezos (XTZ) having jumped more than 12% over the past 24 hours. On the other hand, binance coin (BNB) and bitcoin SV (BSV) tumbled around 2.7% and 1.2%, respectively.Bitcoin continued to gain momentum and has surged to as high as $5,590 today, according to CoinMarketCap. At press time, the biggest cryptocurrency is up 4.6% over the day to $5,572, which is a growth of 9.5% over the past 7 days.Bitcoin’s dominance on the market has significantly risen over the past 24 hours, up from 52.5% to 53.2% at press time.Recently, Fundstrat Global Advisors founder Tom Lee revealed that his company’s bitcoin sentiment indicator Bitcoin Misery Index (BMI) has never been seen in a bear market. The expert noted that the BMI was over 50 throughout 2018, but recently touched a value of 89, which means that a “bull market is likely starting.” Emphasizing its mobile-first credentials, SovereignWallet says all of M.DEX’s features are easily accessible through a single screen, meaning that “users can just select the token to trade from and the token to trade to.” From here, they can specify the amount of crypto they wish to trade and authorize the transaction.