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The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with […]Powered by WPeMatico
Fantom price is up over 21% today, making it the biggest gainer on Crypto.com. With a 24-hour trading volume of $1.76 billion and a market cap of $7.36 billion, Fantom is a significant player in the crypto space. Let’s look at Fantom and its token FTM and see why the price is rising. What Is Fantom? Initially launching in December 2018, Fantom describes itself as a fast, high-throughput open-source smart contract platform for digital assets and dApps. Fantom’s asynchronous Byzantine Fault Tolerance (aBFT) consensus protocol delivers unparalleled speed, security, and reliability, making Fantom an excellent choice for various crypto applications.
The post Fantom Price Up 21%, Biggest Gainer on Crypto.com appeared first on The Merkle News.
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LUNA, FTM, ATOM, and ONE could rally if Bitcoin rises above the 50-day SMA.
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One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with […]Powered by WPeMatico
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30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain […]Powered by WPeMatico
Valkyrie Investments, one of the biggest cryptocurrency asset managers, has announced it will launch a so-called on-chain defi fund next week. This new fund would be substantially different than other, similar offerings, due to the location of the assets that will be available to earn yield in several protocols. $100 million has already been put […]Powered by WPeMatico
Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps Support More Than One […]Powered by WPeMatico
Bitcoin is witnessing modest profit-booking, but the long-term trend remains intact and altcoins like ETH, BNB, MATIC and FTM may remain in focus in the short term.
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Bitcoin’s shallow pullback increases the prospect of a new all-time high in the short term and altcoins like ETH, SOL, MATIC and FTM could move higher while BTC prepares for its next move.
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