Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes

Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex VolumesDuring the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi today, gaining 4.65% during the last […]

Go to Source

Powered by WPeMatico

Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs

Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time HighsWhile the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along at 130 exahash. Moreover, bitcoin […]

The post Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily

BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M DailyBitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market continues. The data […]

The post BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico