Tag Archives: defi

Ethereum has seen its active addresses count explode by nearly 150% since the start of the year. Its addresses are also massively outperforming Bitcoin’s despite being up by 50% YTD.Ethereum Outperforms BTC In New Active AddressesAccording to data provided by the blockchain monitoring company Messari, the number of Ethereum active addresses year-to-date has surged by 145%.New Active Addresses Ethereum And Bitcoin. Source: MessariThe chart illustrates a couple of significant surges. The first...

The lack of substantial price movements from Bitcoin during the past 24 hours, while simultaneously altcoins and, DeFi tokens, in particular, rise, means that BTC’s dominance over the market continues to decline to its yearly low.Altcoins And DeFi On The RiseThe altcoin market indicates several impressive gainers throughout the past 24 hours. Above all now stands Ampleforth (AMPL), with a significant increase of over 30% to $4.This surge comes merely weeks after the company announced the...

Bitcoin prices followed stock markets down on Friday, sliding to an intraday low of $9,050; however, the primary cryptocurrency was able to recover in order to reclaim $9,300 over the past day but failed to break resistance there, sliding again to around $9,200 during most of Saturday.BTC/USD, Bitstamp. Source: TradingViewThe move has kept BTC within its range-bound channel as the consolidation, which began in early May, resumes. Trading volumes and volatility is dwindling, which could signal...

Elrond is by far the best performing token of the leading 100 cryptocurrencies by market cap over the past week, with more than 110% as of writing these lines. ERD has surged by over 50% in the last 24 hours alone. Here is what might explain the price surge.Elrond Mainnet Can Be Interconnected with Other Blockchain Via SwingbyDecentralized Finance (DeFi) is a big hit this summer, as many DeFi-oriented blockchain projects experience rapid gains in their tokens. This group of digital assets is...

Aave präsentiert sein neues Lending Protokoll Beim Lending Protokoll Aave steht ab sofort das „Kreditdelegation“-Feature zur Verfügung. Damit können Nutzer Kredite ohne hinterlegte Sicherheiten aufnehmen. OpenLaw ermöglicht dabei die Festlegung der rechtlichen Rahmenbedingungen zwischen Kreditgeber und -nehmer. Auf Twitter gibt Aave-Initiator Stani Kuchelov weitere...

Immer mehr Bitcoin wechseln komplett ins Ehtereum-Netzwerk. Im Juni 2020 wechselten fast 60 Millionen Bitcoin zu Ethereum. Meistens in Form von "Wrapped Bitcoin". Coindesk hatte vor wenigen Tagen einen vielbeachteten Artikel publizert, dessen Thema nun auch von Yahoo Finance und anderen Finanzportalen aufgegriffen wurde. Um was geht es? Angeblich wechselten im Juni Bitcoins im...

„Yield Farming“ ist ein Konzept aus dem Bereich der „Decentralized Finance“, kurz DeFi. Dabei geht es unter anderem um Ethereum-Tokens wie Compound (COMP) oder Balancer (BAL). Mittels geschicktem Kapitaleinsatz sollen Investoren Renditen „farmen“ können. Doch wie genau geht das? Ernte und Rendite Zunächst klären wir kurz den Begriff „Yield Farming“. Der stammt ursprünglich aus der Landwirtschaft und beschreibt schlicht den Ertrag einer landwirtschaftlichen Arbeit, der sich nach...

There is no doubt that the hottest thing in the crypto industry at the moment is decentralized finance. However, Ethereum as its foundation still hasn’t caught up.Another day has heralded another all-time high for the total dollar value of collateral locked up in DeFi markets. That milestone has just hit $2.15 billion as more investors lock up their crypto, according to Defipulse.com.The Year of Decentralized Finance (DeFi)In less than a month, the amount of collateral locked into smart...

Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next?DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time high of $2.12 billion has just been reached, according to Defipulse.com. This represents the dollar equivalent value of all the crypto collateral locked in smart...

The sudden rise of decentralized finance (DeFi) applications in 2020 has rearranged the cryptocurrency landscape. In a little over two years, a combined sum of $2 billion has made its way into various DeFi protocols, while giving birth to the “yield mining” meme in the meantime.With this in mind, it perhaps shouldn’t be a surprise to learn that searches for Aave have exploded on Google Trends. Aave (LEND) is the third-largest lending protocol on Ethereum, with over $138 million locked in, and...