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However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.The Total Value Locked (TVL) in all of the Decentralized Finance (DeFi) applications have crossed the $20 billion benchmark according
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Bitcoin is holding just above $18,000 but analysts are mixed on where it will head, DeFi’s total value locked looks to have momentum but that might have to do with crypto market conditions.Bitcoin (BTC) trading around $18,355 as of 21:00 UTC (4 p.m. ET). Slipping 1.9% over the previous 24
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Just four days after it launched its Eth2 staking service, customers of the popular U.S.-based cryptocurrency exchange Kraken have deposited more than 100,000 Ether, worth north of $60 million.The milestone was surpassed on Dec. 8, with the exchange estimating that its staking service represents approximately 8% of all ETH staked
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“Weak longs” might be causing the price to slip in the bitcoin market but ether locked in DeFi is back on the upswing.Bitcoin (BTC) trading around $19,067 as of 21:00 UTC (4 p.m. ET). Slipping 0.68% over the previous 24 hours.Bitcoin’s 24-hour range: $18,923-$19,433 (CryptoX 20)BTC below its 10-day and
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The price of bitcoin hit new 2020 highs as the “alternative to gold” narrative increases. Meanwhile, smaller crypto tokens might be helping push DeFi to new heights.Bitcoin (BTC) trading around $18,638 as of 21:00 UTC (4 p.m. ET). Gaining 3.5% over the previous 24 hours.Bitcoin’s 24-hour range: $17,723-$18,813 (CryptoX 20)BTC
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Bitcoin steadied around $18,000 after record volumes on Wednesday while Ethereum 2.0 may be causing some investors to move ether out of decentralized finance (DeFi).Bitcoin (BTC) trading around $18,026 as of 21:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours.Bitcoin’s 24-hour range: $17,364-$18,170BTC above its 10-day and
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Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more just than a fad.Bitcoin (BTC) trading around $16,154 as of 21:00 UTC (4 p.m. ET). Gaining 2.9% over the previous 24 hours.Bitcoin’s 24-hour range: $15,454-$16,186BTC above
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The U.S. dollar value of the cryptocurrency liquidity locked up in decentralized finance is surging, buoyed by big gains for some lesser known projects. Source
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Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield.Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping 0.30% over the previous 24 hours.Bitcoin’s 24-hour range: $15,092-$15,471.BTC close to its 10-day and 50-day moving
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Bitcoin capped the week weaker while DeFi crypto locked dipped.The price of bitcoin was able to muster a rise to as high as $13,663 Friday, according to CryptoX 20 data. However, the world’s oldest cryptocurrency subsequently lost some steam and settled to $13,354 as of press time.Michaeal Gord, chief executive
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