Google remains as the biggest search engine today and its data shows a drop in searches for Bitcoin and decentralised finance. Search phrases and terms on Google are assigned numerical values that are used as a metric of popularity. The Google Trends data is then used to depict the areas of interest Read more…
Bitcoin slid once again beneath the $10,000 mark, but it stands above it now. Most of the altcoin market retrace today, especially DeFi representatives. BTC’s high correlation with the stock markets could suggest further declines, as Wall Street marked significant losses during yesterday’s trading session. Bitcoin Recovers From Another Sub-$10K Read more…
SushiSwap investors were handed a raw deal over the weekend after the pseudonymous founder of the $1.27 billion, 1.5-week-old decentralized finance (DeFi) protocol cashed out. A fork of DeFi darling Uniswap, SushiSwap is the brainchild of a pseudonymous founder, Chef Nomi, who took the former project an extra yard by Read more…
nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance (DeFi) and stablecoins, calling such projects a “complete scam” and “illegal.” Taking part in the virtual conference Reimagine 2020 published Saturday, the controversial figure told host Patrick MacLain that both DeFi schemes offering lending and borrowing, and stablecoins, are Read more…
This week the price of Bitcoin (BTC) went from about $10,200 to a near $12,000 high, but it was met with resistance and crashed to less than $11,000 within 6 minutes. At press time, it’s trading at $11,200 as it steadily recovers. Ether (ETH), the second-largest cryptocurrency by market capitalization, Read more…
The cryptocurrency market has been stuck in a rut for quite some time now, with most of its major cryptos choosing to consolidate their positions. In fact, Bitcoin, the world’s largest cryptocurrency, has been noting a kangaroo market of sorts, one wherein it has been jumping between its immediate resistance and Read more…
Chainlink (LINK) is not yet a top 10 cryptocurrency by market cap, but at this rate, it soon might. Chainlink today shot up by close to 20% in price and is currently trading for $5.80, eclipsing its previous all-time high of just under $5 that it hit in March of this year. Read more…
Passive income can be earned on Bitcoin holdings, Antonopoulos said in a live stream. The best way to do this is through a DeFi platform, such as MakerDAO. Using DeFi, Bitcoin holders can convert their assets into a different currency and earn interest by lending it out. It’s the ultimate Read more…
The Graph, a blockchain infrastructure company, experienced an outage that affected some of the most popular DeFi applications. The outage came as a result of a rapidly growing number of complex queries being processed by The Graph. The Graph has outlined a number of actions they’ll take to avoid a Read more…
Ethereum prices are still lethargic despite a DeFi boom. ETH is the reserve asset for DeFi. Ethereum prices should eventually recover as DeFi continues to grow and evolve. Decentralized finance is the hottest thing in the crypto industry at the moment. It is largely powered by Ethereum, which has remained relatively Read more…