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Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the
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On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken
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Even with Wednesday's pullback, Bitcoin and most major altcoins are
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Select altcoins are likely to move higher even as Bitcoin
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Bitcoin has resumed its move toward $50,000 and this is
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Bitcoin (BTC) dropped back below $39,000 on Aug. 2, suggesting that short-term traders were booking profits after the price failed to close above $42,451.67. However, lower levels could again attract buying as seen in late July. Data from Santiment showed that Bitcoin held on wallet addresses storing between 100 and 10,000
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Traders expect altcoins to move higher now that Bitcoin price
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Bitcoin's defense of the $38,000 level and renewed interest from
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Traders are hopeful that Bitcoin’s bounce from $29,000 to $40,000
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