Cryptocurrency Analysis and News Portal
Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as traders capitalized on ways to easily trade cryptocurrencies and earn high yields on their hodl stacks. Eventually, high fees on the Ethereum (ETH) network and a few
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The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value.
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Uniswap represented over 45% of total DEX volume. Source
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Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017. Source
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A sharp drop in OKEx’s trading volume and stablecoin reserves – tether (USDT) in particular – may reveal an ongoing exodus of its users after the popular crypto derivatives exchange unexpectedly halted all crypto withdrawal activities for about five weeks.Data from analytics service CryptoQuant shows that the amount of tether
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The trading volume on decentralized exchanges, or DEXs, reached $42.6 billion during Q3 2020, marking an increase of 1,132% on the previous quarter, according to a recent industry report from TokenInsight.However, October saw figures pull back a little from September highs, as Bitcoin (BTC) prices started to pump, re-capturing traders' attention following
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Miners' income from processing transactions on the Ethereum blockchain more than halved in October as the mania for DeFi cooled. Source
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Daily trading volume on Uniswap surged by over 1,200% to a record $2.04 billion, surpassing the previous record high of $953.59 million registered on Sept. 1 by a big margin. Source
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There is now more than $1 billion worth of bitcoin on Ethereum, record-setting transaction volume is boosting Ethereum miners’ revenue and VeChain joins China’s food safety watchdog to build track and trace capabilities. Top shelfToken reflectionsUniswap’s decision to airdrop its new governance token was less about competing with its genetic clone SushiSwap, and
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Throughout August, the crypto markets witnessed some turbulence. While Bitcoin was primarily stable between $11,000 and $12,000, smaller
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