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DeFi Cryptocurrencies Continue To Surge Despite Bitcoin Slump — Here's Why
Wednesday, January 27, 2021 - 12:37am | 384Read More...Even as the overall cryptocurrency market, led by Bitcoin (BTC), tread in bearish territory, decentralized finance (DeFi)-based digital assets are continuing to hit record highs. What Happened: Market trends indicate that money is flowing back into DeFi after the pause in the Bitcoin rally, as the...
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DeFi Cryptocurrencies Hit Record Highs In Tandem With Ethereum
Monday, January 25, 2021 - 12:35am | 388Read More...Several decentralized finance (DeFi)-based cryptocurrencies hit their all-time highs late Sunday in tandem with Ethereum (ETH) rally. Aave (AAVE) hit an all-time high of $291.60 at press time, up 13.8% over 24 hours. The DeFi coin has registered a surge of 259.8% over a period of one month against...
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These Cryptocurrencies Are Soaring Today Despite Bitcoin Slump
Wednesday, January 20, 2021 - 10:26pm | 311Read More...Bitcoin (BTC) saw a major correction on Wednesday, down 4.09% at $34,646.50 at press time. Yet, there are several cryptocurrencies that have managed to post massive gains in the day. Hedera Hashgraph (HBAR) traded 64% higher at $0.1137 at press time. The cryptocurrency has added 116.76% over a 7-...
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Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine
Monday, January 18, 2021 - 10:13pm | 286Read More...Bitcoin (BTC) rally might have taken a pause over the last week, but that is no cue for other cryptocurrencies, often referred to as “altcoins.” While the world’s apex cryptocurrency is up 6% over a period of seven days at $36,926.71 at press time, several altcoins have almost...
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Think Bitcoin Is On The Run? Sushi Cryptocurrency Has Surged Nearly 100% In A Week
Thursday, November 19, 2020 - 3:20am | 297Read More...Bitcoin (BTC) being on a bull run may be hounding all the attention but the world's apex cryptocurrency is getting outdone by several decentralized finance, or "DeFi," projects. What Happened: SushiSwap (SUSHI), one such DeFi cryptocurrency, has surged 96.24% in a 7-day...
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Fintech Focus Roundup For September 19, 2020
Friday, September 18, 2020 - 4:27pm | 1093Read More...A Carfax For Your Phone What's The Problem: A problem in today’s ecosystem of phone buyers and sellers is the lack of transparency. What's The Solution: Founded by PCS Wireless, one of the largest phone distributors in North America, IGWT Block solves the problem of transparency and...
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Fintech Focus For September 17, 2020
Wednesday, September 16, 2020 - 6:17pm | 2478Read More...Quote Of The Day: It is hard to fail but it is worse never to have tried to succeed. - Theodore Roosevelt Fintech Movers: The global fintech sector faces an "existential crisis", says McKinsey, as sources of funding dry up. - Finextra What’s the outlook for crypto brokerages....
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Unpacking DeFi And The Significance Of SushiSwap
Wednesday, September 16, 2020 - 7:05am | 705Read More...On Sept. 9, SushiSwap, a Uniswap fork, completed a transfer of over $1 billion in liquidity from Uniswap. The hostile takeover of Uniswap liquidity is a milestone in digital finance and marks the introduction of a model that could replicate market making, borrowing, lending, and exchanging...
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Fintech Focus For September 10, 2020
Wednesday, September 9, 2020 - 8:24pm | 2279Read More...Quote Of The Day: Love is a serious mental disease. - Plato Fintech Movers: M1 Finance, a platform for money management, announced it surpassed $2 billion in assets. - Benzinga Carrot to expand its dividend tech. Long-Term Stock Exchange opens. Binance enters the Turkish market. Displayed markets...
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Sushi-Inspired Cryptocurrency Surged 331% In 1 Week Of Launch — Then, The Founder Cashed Out
Tuesday, September 8, 2020 - 2:54am | 484Read More..."DeFi," an acronym for Decentralized Finance, is the latest craze in the cryptocurrency community. Bitcoin (BTC) set out to provide a decentralized alternative to the world's currencies in early 2009. Now, the DeFi promoters say every aspect of finance, including loans, insurance, and...
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Fintech Focus For September 8, 2020
Monday, September 7, 2020 - 9:28pm | 1856Read More...Quote Of The Day: People love watching fire burn. - Disclosure Fintech Movers: While challengers might not be making a similar profit in comparison to big banks, it must be noted that large institutions are reportedly seeing their revenues slashed as a result of the emergence of neobanks. -...
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Sushi-Inspired DeFi Protocol Rides Latest Cryptocurrency Frenzy To Lock Over $1B Value In 3 Days
Tuesday, September 1, 2020 - 2:52am | 508Read More...SushiSwap, a decentralized finance (DeFi) protocol, has exceeded more than $1 billion in total value locked since it was launched on Aug. 26, according to market tracker Zippo. What Happened: The novel DeFi protocol, forked from Uniswap, is sucking liquidity from its parent and has already...
