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Chinese Digital Yuan Spending on the Rise Despite COVID-19-induced Slump


  Digital yuan usage has grown x18 in the past 12 months in China – as the central bank-issued token continues to find new users. According to the central People’s Bank of China, transaction volumes reached the USD 13 billion mark at the end of last year, with a total of 261 million personal...

Bitcoin ETFs Remain Popular Among Investors Despite Price Slump


  Exchange-traded funds (ETFs) backed by bitcoin (BTC) futures contracts traded in the US largely retained their trading volumes last week, despite a slump in the bitcoin price over the course of January. According to exchange data, the ProShares Bitcoin Strategy ETF (BITO) – the first bitcoin...

Relatively Unknown Protocols Push TVL in Defi Above the $200 Billion Range


On February 15, the total value locked (TVL) in decentralized finance (defi) platforms is just above the $200 billion range, after a brief slump below that region last week. Out of the entire TVL in defi today, Ethereum commands 59.22% of that value with 532 defi protocols. Metrics during the last...

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