Quick TakeThere is currently $1.75 billion locked in 10 lending protocols, which represents a 244% YTD growthCompound has 40% of the total value locked, followed by Maker with 36%, Aave (11.0%), and InstaDApp (10.4%)There is about 3.3 million ETH, 2.95% of the total ETH in circulation, locked in lending protocolsThe share of non-ETH assets locked in lending protocols has been rising sharply in recent months
Following LINK's impressive performance, the other major cryptocurrency to mark double-digit increases in the past couple of days is Tezos (XTZ), with gains of 22% in 48 hours.The post Tezos Price Analysis: XTZ Arrives To The Alt-Season Party After 22% 2-Day Surge appeared first on CryptoPotato.
Wrapped Bitcoin (WBTC) can now be used on DeFi lending protocol Compound. But will Bitcoin holders find that it’s worth the cost?
The U.S. Secret Service awarded a contract to Coinbase in May 2020 in exchange for a license to use the company’s analytics product according to public record. Coinbase Analytics Back...
Chainlink hits a fresh All-Time High as its smart contract-based blockchain platform extends its services in all the dimensions possible. In one such recent news about Chainlink’s integration for a smart way of interaction through SMS messaging with the help of the Conflux Network. Here, Chainlink will be a throughput for a messaging gateway using …
Following the Bitcoin halving, concerns over miner capitulation have proven unfounded. The week just gone saw the network hash rate reach a new all-time high of 125 million TH/s. Source: blockchain.com Significant pullbacks occurred in March and May, sparking fears of the beginning of a miner’s exodus. Current data shows the Bitcoin network is strong […]
Coinspeaker Hong Kong Dollar Suddenly Appears Vulnerable, Threat from Trump Administration Looms OverRecent reports suggest that the Trump administration has been mulling to revoke the USD-HKG peg and reduce the supply of U.S. dollar to Hong Kong after China forcefully imposed a national security law in June.Hong Kong Dollar Suddenly Appears Vulnerable, Threat from Trump Administration Looms Over
World Blockchain Summit is geared up to gather the most influential voices in the global blockchain and crypto community this July. Singapore, 06 July 2020: Having hosted multiple high-level conferences across the world, World Blockchain Summit (WBS) has established itself as World’s biggest and most-elite Blockchain & Crypto Summit series. While it has proven itself …
The significant fundamental growth seen by Ethereum over the past couple of months has led to a torrent of calls from investors regarding an imminent rally. The post Why one data analyst is wary of any imminent Ethereum rally appeared first on CryptoSlate.
The digital assets management firm has increased its DLC fund’s weightings of Bitcoin and Ethereum, at the cost of XRP, Bitcoin Cash and Litecoin.