Tag: Ethereum

Decentralized finance, also known as DeFi, has continued its unabated growth in the crypto industry as one of the metrics used to measure its progress, total value locked (TVL), has reached a new all-time high of above $250 billion. While Ethereum holds the lion’s share of TVL in DeFi, a great number of decentralized applications…

JPMorgan analysts said that crypto investors should hold Ethereum rather than Bitcoin as the interest rates rise. While Ethereum powers such booming market areas as decentralized finance and non-fungible tokens, Bitcoin, similar to gold, is likely vulnerable as bond yields and interest rates rise. According to JPMorgan, crypto investors should be holding Ethereum rather than…

Major cryptocurrencies rose on Monday, hitting their highest levels in three weeks, while the global cryptocurrency market cap crossed the $3 trillion mark, according to CoinGecko. Cryptocurrencies are gaining confidence as mainstream investors are increasingly adopting crypto assets, pushing the global cryptocurrency market to more than $3 trillion, said CoinGecko, which tracks prices of more…

The decentralized finance sector currently represents only 0.1% of its maximum potential, and its significant growth is inevitable, as predicts Artem Tolkachev on Cointelegraph. Decentralized finance (DeFi) is a natural product made possible by blockchain technology and has the right and ready infrastructure to propel the technology to a bigger playing field. The space has…

After Bitcoin’s launch in 2009, a robust industry blossomed, stemming from the asset, its concept, and its underlying technology. The crypto and blockchain space boasts different niches in which projects and companies develop solutions for various use cases. One such niche is the decentralized finance (DeFi) sector, which was created as an alternative to traditional…

Ether (ETH), the cryptocurrency minted on the Ethereum blockchain, is the second biggest cryptocurrency in market cap, behind Bitcoin. It reached an all-time high on Thursday night, touching $4,400 for the first time. Meanwhile, the current meme-coin craze is also contributing to ETH’s value proposition, with Shiba Inu (SHIB) now consuming more gas than even…