Cryptocurrency Analysis and News Portal
Decentralized finance, or DeFi, has become one of the fastest-growing sectors within the cryptocurrency ecosystem. Data shows that the total value locked (TVL) in all DeFi protocols is now around $130 billion. This is an important metric, as some analysts view TVL as one of the best ways to measure sentiment
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After all, planes fly in all directions, and Kazakhstan, Russia, Iran and Malaysia all have mining infrastructure and are located in much closer proximity However, while their capacity is growing as a result of China’s actions, the United States seems to be a clear winner in this post-crackdown race; according
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One of the largest banks in the US, Bank of America recently came out in public support of El Salvador’s move to make bitcoin legal tender by making a case of the development’s benefits. Bitcoin Adoption Offers Key Opportunities to El Salvador On Sunday, August 1, El Salvador President, Nayeb Bukele posted
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Global payments platform PayPal is looking towards the United Kingdom as the next market in which to expand its crypto trading services.According to the company’s second-quarter earnings call on Wednesday, PayPal has done very well out of crypto trading for the period. CEO Dan Schulman stated that the U.K. is
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Ghana's vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted the theme of “Facilitating Trade and Trade-Finance in AfCFTA; The Role
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On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin. Source
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Three trends1. Crypto infrastructure is being laid down across the banking, tech and financial sectors.BNY Mellon, the world’s biggest custodian bank, will allow customers to custody crypto by the end of the year. It’s working with unnamed outside partners to build out the offering, according to CryptoX’s Ian Allison.Mastercard plans
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The failure of the United States to embrace cryptocurrencies fully and regulate them sensibly would seriously affect the U.S. dollar as the world’s reserve currency and the country’s economic standing in the world, according to a report released today by the Blockchain Research Institute in collaboration with the Washington D.C.-based
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MicroStrategy’s decision to use Bitcoin as its primary reserve currency has Michael Saylor seemingly favoring the asset over altcoins.In a Sept. 20 tweet, the business intelligence company’s CEO stated that he considers Bitcoin (BTC) to be a crypto asset network, unlike tokens like Ethereum (ETH) or stablecoins, which he referred
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William Mougayar is the author of “The Business Blockchain,” producer of the Token Summit and a venture investor and adviser. DeFi has grown to a point where its mindshare now far exceeds its relatively small crypto market share. It has benefited from a catchy name, and continues to spawn catchy words
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