On October 16, 2021, the US SEC first approved the ProShares Bitcoin Futures ETF with the trading code BITO for trading on October 18. In the eight years from 2013 to date, the Bitcoin ETF’s application to the SEC hasn’t even been approved. In the cryptocurrency and blockchain boom, the US Securities Regulatory Commission has rejected or delayed the arrival of Bitcoin ETFs with slogans such as disrupting the financial order of the market. With the launch of many Bitcoin ETFs in Europe, South America, and other regions, the first Bitcoin futures ETF is finally coming under constant demand in the United States, representing the country with the richest capital resources initiated with the first cryptocurrency ETF.

The following week, the US SEC consecutively approved three Bitcoin futures ETFs, including VanEck and Valkyrie. Bloomberg reported that 36 exchange-traded cryptocurrency funds (ETFs) are currently awaiting approval from the US Securities and Exchange Commission.

From last year to this year, institutions like the Grayscale Fund, Tesla, the Salvadoran government, etc. began to enter the digital currency market on a large scale. Wealth management institutions, represented in the United States by the Grayscale Fund, have hundreds of billions of Bitcoin and mainstream digital currencies like Ethereum.

The cryptocurrency has grown to a size that cannot be ignored. According to the market value ranking of listed companies, heavy metals and other assets, Bitcoin is already the top ten investment destinations in the world, and its market value surpasses the world’s leading companies like Tesla and Facebook. It has only been more than ten years since he was born. Bitcoin has gone from darkness to consensus all over the world. During that time it has experienced hundreds of times political oppression from different countries, but it has become an existence that cannot be ignored in the world. Strangulation has never been the best way to go, but look at it in a more innovative way and embrace it.

Digital currency transactions are currently emerging around the world. A leading digital asset trading platform even has more than A shares in a day. The number of people who have participated in digital currency transactions exceeds 200 million. The key is that it is still in a period of rapid growth. The scale of asset digitization will be much greater than the volume of asset securitization.

As we know, after the creation of the base token, the cryptocurrency world is hoping to decentralize the portion of financial transactions, which will lead to DeFi. DeFi has great innovative significance in the blockchain area. It is a major innovation of smart contracts in the blockchain space in traditional finance. It currently focuses primarily on decentralized lending, automated market makers and decentralized transactions. The four main sectors of the stock market and stable currency issuance have realized the decentralization of financial services and undermined certain service methods of traditional finance. It’s a major innovation in financial technology. The ecological blocking capital of the DeFi sector is currently just under 250 billion US dollars. With the development of decentralization, there is a high probability that funds will continue to enter the decentralized defi ecosystem.

Angelmarkets is a template for a new generation of defi projects. As a new type of seamless cross-chain, decentralized full-format derivatives exchange, it uses a friendly automatic market maker mechanism (FAMM), an order book and a decentralized cross-chain transfer and liquidity mining safely, quickly and at low cost. Thanks to innovative decentralized derivative algorithms, faster transaction speeds and better security can be achieved. Integrity, better liquidity, and capital efficiency provide users with a wealth of derivatives trading services.

The most important thing for a decentralized trading platform is how it works. Currently, the major Uniswap, Sushi, Pancake and dYdX on the market usually use a single type of AMM, order book and synthetic asset. Judging by the current market situation, AMM appears to be able to provide unlimited liquidity, but the impact costs are higher for traders with large volumes of capital and higher price sensitivity. The order book transaction model places extremely high demands on the performance of matching and transactions and is too dependent on the degree of centralization of the market maker. Synthetic assets are essentially contractual transactions in the form of collateral or margins. Compared to the single-mode DEX currently on the market, Eangelmarkets is more in line with the realistic requirements and future orientations of decentralized trading platforms.

Currently, several large DEXs, such as Uniswap and dYdX, have shown rapid growth in value, increasing several or even dozen of times. It can be seen that Eangelmarkets outperforms the current mainstream DEX in terms of technology and products and its future value is more worth watching.

In my opinion, the central competitiveness that supports the rapid development of fishing markets is mainly reflected in the following aspects:

1. A new type of seamless, cross-chain, decentralized derivatives exchange in full format

Angelmarkets is adopting a fully ecological, flexible cross-chain technology and introducing a global “cross-chain bridge”. It uses threshold signatures, zero-knowledge evidence, multi-party calculations, node consensus and other technical methods to achieve an essential decentralized asset cross-chain protocol system which is ETH, wave cross-chain transactions and the transfer of all technological public chain Assets such as card, BSC, HECO, Okex, etc.

Angelmarkets has a wide range of product types that support decentralized spot transactions, futures (perpetual contracts), options, synthetic assets, insurance, and other derivative transactions. It supports not only virtual currency contract transactions, but also synthetic asset and traditional currency stock transactions. Diversified investment transaction needs of users.

2. Efficient / convenient / safe / smooth trading experience

Eangelmarkets innovatively launched the industry’s first “alliance”, combining on-chain technology and off-chain products. Users transfer funds to the Exchange contract address via smart contracts to perform contract operations. After the transaction, the capital or the profit is transferred to the personal wallet address, the profit from the contract platform actually flows into the smart contract fund pool. Introduce the core technology of the world’s most advanced financial trading tool, MT5 Exchange, to provide users with a powerful flexible trading system with professional technical analysis, expanded market depth and faster and more stable trading experience to ensure that users can quickly, conveniently, safely and smoothly conduct contract transactions .

3. more innovative ways to play

We are now at the beginning of the Web3.0 era, which combines the decentralization of Web1.0 and the spirit of community governance with the advanced and modern features of Web2.0. Web3.0 is builder and user owned internet, and careful planning is accomplished through tokens.

Eang, the native token of the Eangelmarkets platform, can be used for various services of the Eangelmarkets platform, including participation in cross-chain transactions, liquidity mining, farming, IDO, etc. The platform has formulated many liquid mining methods + deflation mechanisms , and effective lock-up tokens will help increase EAng’s market value. Farming + NFT + leveraged / lending products, online IDO and other derivatives continue to attract users to participate. The more users participate, the more Eang Rewards and Rights you will receive. This will create a closed ecological cycle. The system enables the platform and the participants to unite and work together on a common target platform development and appreciation.

4. Professional management team:

The project team is made up of scientists and senior professionals with different professional backgrounds in the finance and IT industry from Europe, Asia and North America. The team has extensive experience in project operation and has successfully operated NEO, Ontology, EOS, TRX the platform.

Angelmarkets’ cross-chain decentralized derivatives trading platform through a new design of the financial ecosystem at the highest level, innovative application of emerging blockchain technology, diversified digital asset allocation services to tap into the most potential field for digital asset derivatives and the world’s advanced MT5 trading system has innovatively launched many “killer” applications and its digital asset financial innovation products and services will usher in a new era in digital asset derivatives!

Angelmarkets started here, but it doesn’t stop there. Technology is changing the world, and technology is changing your life and mine too. We can only keep pace with the times if we actively embrace this change and actively look for changes.

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