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New DeFi Project Xfinance(XFI) ILO Presale Will Start Today
10.9.2020
As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform. XFI Presale Xfinance...
For DeFi to Grow, CeFi Must Embrace It
2.9.2020
Despite the buzz, DeFi is not on a good trajectory. It's too technical, too volatile and too "geeky" to be adopted by "the mainstream," William Mougayar writes
Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin: A Data Perspective by IntotheBlock
2.9.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin: A Data Perspective by IntotheBlock appeared first on CoinMarketCap...
Compound (COMP) Draws a Parabola Growth Curve; Trades at $270
1.9.2020
Compound, an algorithmic, autonomous interest rate protocol built for empowering the governance of its community, will lead to a mass upgrade of the protocol by the ecosystem built. The change in the dynamism of the protocol is done by COMP token holders, and then their delegates debate, propose...
Adjusted TVL metric helps put DeFi growth in perspective
28.8.2020
Fundamental growth is not so impressive when you factor out the bull run
Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin : A Data Perspective by IntoTheBlock
26.8.2020
Powered by Every week, IntoTheBlock brings you an on-chain analysis of top news stories in the crypto space. Leveraging blockchain’sContinue Reading
The post Inside Ethereum’s Testnet Headwinds & Growth in Tokenized Bitcoin : A Data Perspective by IntoTheBlock appeared first on CoinMarketCap...
P2P Cryptocurrency Exchanges in Africa Pivot: Nigeria and Kenya the Target Markets
25.8.2020
Leading cryptocurrency exchanges are bullish about Africa’s growth prospects as evidenced by their ongoing forays into the continent. During the month of August, Kucoin crypto exchange announced the addition of Nigeria’s naira currency as a payment option on its peer-to-peer platform....
Inter-Blockchain Liquidity: Minting Synthetic Bitcoin Cash With the Ren Protocol
24.8.2020
The decentralized finance (defi) ecosystem has matured quite a bit in 2020 and one project that’s seen some growth is the Ren Protocol. The application that allows people to access inter-blockchain liquidity for a number of defi applications. The following post is a step-by-step guide on...
Chainalysis: New Issuance of Tether Slows Down Bitcoin Price Growth
20.8.2020
Almost an even split between fiat and USDT
Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
16.8.2020
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
LIFETIONCOIN Provides Payment Solutions and Worldwide Prosperity
15.8.2020
What Is Cryptocurrency? Cryptocurrencies use cryptographic protocols that encrypt sensitive data transfers, to secure their units of exchange. Since they are built on advance mathematics it’s impossible to duplicate or break the currency. In addition to that, identities of cryptocurrency users...
$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth
14.8.2020
Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector
High Fees Make BTC Less Appealing for Remittances in Africa: ‘Pray Blocks Happen Quickly’
13.8.2020
Bitcoin trading volumes are on the rise on the African continent despite the ongoing concerns about the high network fees. Data shows peer to peer bitcoin trading platforms recorded spiked growth in volumes starting in April. This was the same time as many countries implemented lockdown measures....
Analyst Predicts DeFi Growth May Push Chainlink (LINK) Price to $32
11.8.2020
Investment analyst Timothy Peterson says Chainlink (LINK) price might hit $32 by the end of 2020, but holding that level would be impossible
Telecom Giant Says ‘Local Stablecoins, Blockchain’ Powered 19% Growth
8.8.2020
Executives of KT Group in Seoul. South Korea is just one of the countries currently reeling from the effects of the coronavirus pandemic, with economic growth down in most sectors. But one industry – telecommunications – is booming. And blockchain-powered local stablecoins appear to be helping...
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
Various Crypto Mining Strategies Underline Industry’s Growth Potential
2.8.2020
PoS mining platforms are gaining traction globally but could use more polishing and real-life testing, according to experts
5 Years In, Ethereum Network Growth Echoes Nvidia’s Pre-2016 Bull Run
30.7.2020
The Ethereum network appears to be following the likes of Nvidia and other tech sector giants whose use case and growth strategy model evolved over time
Coda Protocol Touts User Growth One Year Into Testnet
30.7.2020
The O(1) Labs project thinks recursive zk-SNARKs are the key to more manageable blockchains