The total value locked (TVL) in decentralized finance (defi) has risen 4% during the first four days of the new year from $245 billion on January 1, to $255.84 billion three days later. While the defi protocol Curve Finance dominates with a TVL of $24.44 billion, Convex Finance is closing in on the dominance with […]
With Bitcoin losing ground sitting at the $46,896 level, altcoins especially Defi tokens like Fantom (FTM) charted their independent trajectories making their way towards previous price all-time high levels. Fantom, was one of the top gainers from the top ten cryptocurrencies by market cap on January 4 as the 28th ranked coin traded at $2.96 […]
Larry Cermak, VP of research at The Block, and Igor Igamberdiev, director of research and data at The Block, recap the most significant trends of 2021 (BTC mining, L1s, NFTs,[...]
Historical market trends herald that the mega year could be ripe for chief DeFi tokens to soar high. Whilst Bitcoin struggles to break out of the bottoms, many traders gravitates to see DeFi protocols as a safer place to park their bags. When traders optimism begins switching over to the altcoin market, maximum cash-flows to …