Bitcoin correction heralded as a ‘BTD’ opportunity, but what about DeFi?
DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April. Go to Source Powered by WPeMatico
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Finance Redefined: Fundamentals, not FUD! May 12-19
Synthetix launches THREE new tokens, and multiple projects tweak their tokenomics in this week’s Finance Redefined. Go to Source Powered by WPeMatico
Hybrid DEX/CEX exchange Cryptocurrencies.AI raises $8 million, taps Binance liquidity
A feature-rich DEX hopes to lure traders in with new tools and liquidity via Binance. Go to Source Powered by WPeMatico
Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High
While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly … Read more
Trying to predict the price of a cryptocurrency? Should you use MVRV, stock-to flow, NVT?
Asset managers explain how to calculate the value of each type of digital asset. Go to Source Powered by WPeMatico
Could DeFi-powered banks become an unstoppable force in finance?
Banks lack an innovative streak, but cutting-edge DeFi protocols often have a usability problem. Is combining the two the answer? Go to Source Powered by WPeMatico
Nervos and CMB International launch $50M blockchain, DeFi and NFT fund
China’s leading blockchain network to fund startups willing to develop on it. Go to Source Powered by WPeMatico
There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion
For quite some time now cryptocurrency traders have been leveraging bitcoin-based assets tethered to alternative blockchains. Mid-May statistics show there’s more than 299,000 bitcoin, worth over $12.8 billion today, tied to wrapped or synthetic bitcoin projects hosted on Ethereum or the Binance Smart Chain. Layer 2 and Sidechain Competitors Command $251 Million in Bitcoin Value … Read more
Celo rallies 50% as excitement builds for the upcoming ‘Donut’ hardfork
CELO price gained 50% ahead of the network’s May 19 ‘Donut’ hardfork which will help increase interoperability and lower gas fees. Go to Source Powered by WPeMatico
Altcoins notch double-digit gains even as Bitcoin price falls to $42,500
Altcoins took the reins and galloped higher while bulls appear to be losing the battle to hold Bitcoin price above $43,000. Go to Source Powered by WPeMatico