The decentralized finance lending and borrowing ecosystem continues to expand with new milestones being made in terms of collateral volumes. Industry analytics provider Messari has been delving into the top DeFi protocols, revealing that the cumulative daily borrowing volume is currently $7.6 billion. This is all of the previous volumes together, not the amount of crypto collateral borrowed every day....
Popular British incubator DAO Maker, which got its popularity following its unique token sale model Strong Hold Offering (SHO), gives users some level of protection and projects high level sought...
The first week of 2021 was very successful for cryptocurrencies. While the Bitcoin price increased by more than 28%, some altcoins displayed excellent performance. At the time of writing this, the Bitcoin price is sitting at USD 41167.27 and the BTC price has increased by almost 28% in the last 7 days. Here are the...
One of the largest decentralized applications (dapps) on the Ethereum blockchain, Maker protocol plans to include CRO as a collateral asset. If this happens, CRO’s utility will extend and the token can be used to create Dai. According to the reports, Crypto.com had proposed CRO collateral onboarding to MakerDAO community on 29 September. Following this, the governance facilitators placed a governance poll into...
In simple terms, a coin is a cryptocurrency that has its own blockchain. Coins are usually created for new purposes and they are inspired by innovative ideas.
The cryptocurrency market was rising in previous months, but September was different and bitcoin declined by 7.5% during the month. Bitcoin is still the king of the cryptocurrency market and practically all altcoin movements are under influenced by the Bitcoin price action. Therefore, it’s no surprise that the crypto market as a whole was bloody in September.
Maker holds at ascending channel support after rejection at $600. MKR/USD could explore levels below $500 if the 50 SMA support caves in. Maker, a leading project in decentralized finance (DeFi) is showing signs of retreat. The bearish outlook comes after another rejection from $600. At the time of writing, Maker is exchanging hands at The post Maker Price Prediction: MKR Poised For...
Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The decentralized finance (DeFi) market strongly rebounded in a short period, lifting the overall market sentiment. Two factors primarily triggered the resurgence of DeFi in the last 24 hours. First, Bitcoin and Ethereum...
As they say, every beginning is difficult, but in this article, we share with you some useful tips that will make your entry into the world of cryptocurrency smoother. Following these pieces of advice, you are more likely to avoid the most common beginner mistakes and become a confident cryptocurrency investor in no time. Since we learn best by doing it, we recommend...
News 