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The DeFi market has plunged over the last month of October as some of the top performers of summer 2020 have seen valuations crashing. Analysts think that the majority of the money from the DeFi market profit-booking has gone to Bitcoin.The summer 2020 party is all over for the decentralized
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Index futures for decentralized finance (DeFi) continue to collapse, erasing all gains since late June, as the sector cools off following a wild summer of speculation. On derivatives exchange FTX, perpetual futures for their DeFi index have fallen nearly 60% from their September high of $3,500, dropping to prices not
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Bitcoin price is down $800 in just over 24 hours, and elsewhere in the finance space, there is
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Bitcoin (BTC) reacted to fresh strength in the U.S. dollar on Sep. 21 to follow stocks downward and move away from $11,000.Cryptocurrency market daily snapshot, Sept. 7. Source: Coin360DXY surge spells BTC price weaknessData from Coin360 and Cryptox Markets showed BTC/USD hitting lows of $10,570 on Monday, its lowest in
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Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index. DeFi Pulse has become the key source of information for assessing which projects are leading and which ones are rising, judged by the total amount of crypto staked
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Raytheon Technologies is leaving the Dow Jones after just a couple of months on the index. Exxon Mobil and drug manufacturer Pfizer were booted from the index alongside Raytheon. Boeing’s leadership of the Dow has waned in recent months. The S&P Dow Jones Indices company announced this week that airplane and defense contractor
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From COVID-19 relapses to election insecurity, these factors drive defensiveness up and demand down. We live in an economy organized around consumption and perpetual growth. In that context, factors that cause consumers to be fearful, reduce spending, increase savings, move less and generally slow down can wreak havoc. In this episode, NLW
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The fund is the latest example of Wall Street veterans cozying up to bitcoin in their rhetoric and capital allocations. Source
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Leading DeFi tokens that make up the Binance DEFI composite index includes Chainlink (LINK), Maker (MKR), 0x (ZRX), Band Protocol (BAND), Kava.io (KAVA), Kyber Network (KNC), Compound (COMP) and Aave (LEND).Major cryptocurrency exchange Binance has announced it will be launching a DEFI/USDT composite index perpetual contract, billed to commence trading
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FTX said customers are demanding access to DeFi products. Source
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