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As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around … Read more
Bitcoin is attempting to hold on to its recent gains and as the price consolidates, traders may focus their attention on altcoins such as LUNA, AVAX, ETC, and EGLD. Go to Source Powered by WPeMatico
Ethereum competitors make inroads into DeFi as the total value locked and on-chain protocols continue to rise for these layer-1s. Go to Source Powered by WPeMatico
Select altcoins are outperforming the market despite Bitcoin struggling to sustain the higher levels. Go to Source Powered by WPeMatico
Kwon also bullishly emphasized that its stablecoin TerraUSD (UST) backed by $10 billion-plus in BTC reserves will “open a new monetary era of the Bitcoin standard.” Go to Source Powered by WPeMatico
Bitcoin and select altcoins have broken above their immediate resistance levels, indicating the start of a relief rally. Go to Source Powered by WPeMatico
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s USDN spiking 43.8%. Stablecoin Market Capitalization Continues to Swell, … Read more
The bounce in Bitcoin and select altcoins increases the possibility of a short-term rise in prices. Go to Source Powered by WPeMatico
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to … Read more
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens. Go to Source Powered by WPeMatico
