Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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The Complete Guide to Yearn Finance – What You Need to Know
The decentralized finance (DeFi) sector expands at lightning speed and becomes ever more relevant in the new digital economy. However, as it evolves, some of its initial purposes lose contour and relevancy. One of these now-fading goals is offering broad access to anyone who wants to trade, invest, or deposit assets outside the traditional financial system. This evolution is not user-inflicted in any way. The mechanisms that power the DeFi ecosystem increase in complexity, making the market less approachable for…
5 years ago
Elrond – The Internet-Scale Blockchain Running on Average Computers
Elrond is one of the few blockchain projects that stole headlines from the DeFi craze in 2020, the biggest year for decentralized finance so far. The platform is less than two-years-old, but it has already met all the deadlines in its roadmap, launched its mainnet successfully, and saw its native token increase by 5,000% over the summer. There are several projects out there, aiming to become the most scalable network for DApps in the industry, but Elrond is special. With…
5 years ago
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Curve FinanceCurve Finance – One Man’s DEX Out to Achieve Market Supremacy
With the emergence of the DeFi market, centralized exchanges witness the rising threat of decentralized platforms that can do everything they do, only faster, cheaper, and smaller crypto spillage. One of the decentralized exchanges that challenge the old order is Curve Finance. The protocol started from one man's vision and straight into the top-5 DeFi protocols in less than a year. With the recent release of its native token, CRV, Curve is turning into a DAO and becoming even more…
5 years ago
ICON (ICX) Blockchain Review – The New Era of Decentralization
ICON is a blockchain that dreams of becoming the mother of all blockchains and "hyper connect the world" by bringing financial institutions, insurance companies, hospitals, universities, and other organizations into the same room. For those who do not know yet, there are more than just one blockchain out there. Some support cryptocurrencies like Bitcoin. Others enable the development of dAPPs through smart contracts that can secure storage and share medical records, payments, royalties, and many other data forms. The problem…
5 years ago
Aragon DAO Review – An Utopia in the Making
One of the beauties of blockchain technology is that it enables the creation of multi-layered worlds. It is similar to our Universe in which countless galaxies contain numerous solar systems, which in turn consist of several planets, each with diverse ecosystems. In turn, these ecosystems follow the same hierarchical scale down to the smallest atom. The possibilities of development are endless. Aragon is a decentralized autonomous organization (DAO) that allows the development and existence of other DAOs within its realm.…
5 years ago
BurgerSwap: The New DeFi Protocol Changing the Wave of Yield Farming Governance
Saying that DeFi is a boom is an understatement, considering the great investments it offers all users. Yes, it's true that many new protocols enter the market with so much zeal but fail before they breathe life into yield farming. Others have been the pump and dump cases, leading to a careful approach to DeFi. So, what sets BurgerSwap aside? Is it just another crypto fad? Well, this promising new platform hit the markets recently after its launch on September…
5 years ago
Investing in Augur (REP) – Here is What You Need to Know?
Augur was one of the first platforms to surface on the Ethereum blockchain in 2015. It had a promising start before falling into obscurity. Now, five years later, the oracle for prediction markets godfathered by Vitalik Buterin is making a spectacular comeback. The recent release of Augur v2 is the first big upgrade to the protocol, and it comes with a comprehensive suite of improvements to Augur. The industry is looking at one of the most promising platforms that one…
5 years ago
Investing in Republic Protocol (REN) – Here is What You Need to Know
Republic Protocol or REN is an inhabitant of the crypto ecosystem that has yet to prove its worth. The open platform enables the permissionless and private transfer of assets and liquidity across blockchains, thus solving blockchain interoperability. As you're reading this beginner's guide to Republic Protocol, REN is rising with the Decentralized Finance (DeFi) market. The platform is rapidly gaining attention and trust as it waits for the mass adoption of blockchain technology. Republic Protocol in a Nutshell Republic Protocol…
5 years ago
Investing in Aave (LEND) – Everything you Need to Know
Aave is more than just another DeFi protocol on its way to the top. It is an innovative money-lending platform in the crypto space that uses radical reinventing and unique features to stay in the spotlight. Decentralized Finance (DeFi) is a new and promising development within the cryptocurrency universe. It gives people more power over their assets and takes blockchain adoption a step closer to completion. Spearheading this financial revolution is several money market protocols that are surging in value…
5 years ago