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…
AVAX
Solana (SOL) and Avalanche (AVAX) Against Market Trends – Will It Last Long? New Presale On Fire
Bitcoin's potential to surge past $70k is under close scrutiny. Meanwhile, altcoins Solana and Avalanche are defying market trends, sparking curiosity about their longevity. Our latest article provides fresh insights into this intriguing scenario. It uncovers the relevance of these divergent paths in the cryptoverse, shedding light on whether these trends will hold up in the tumultuous world of digital currency. BlastUP Emerges as a Game Changer Raising Over $2 Million in Few Weeks BlastUP is a unique launchpad platform…
1 year ago
DeFi Yield Protocol V2 Pools are live on ETH, BSC, and Avalanche
The yield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools. These pools live across multiple chains including Ethereum, Avalanche, and Binance Smart Chain (BSC). Buyback Pools Ethereum’s buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK. Meanwhile, Avalanche’s buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e.…
3 years ago
Solana vs. Polygon vs. AVAX vs. Algorand
Blockchain-based cryptocurrencies and protocols have had a significant environmental impact. But the efforts to minimize crypto’s carbon footprint will take some time. Still, the good news is that over 4,500 token options exist for investors. Also, they have sustainable and long-term growth potential. In 2023, blockchain cryptocurrencies made it easier for individuals to perform secure financial transactions. Moreover, the idea of no intrusiveness from third parties like a bank, court, or monetary authority appeals to users. No wonder users now…
4 years ago
DeFi Gems to Keep an Eye on In 2023
Decentralized finance is one of the best financial disruptions of the 21st century. The nascent sector has attracted millions of investors, with the total value locked in the platforms at $41 billion. Moreover, it is one of the biggest beneficiaries of the recent Bitcoin and Ethereum price surges. Yield farming is a lucrative passive income-earning opportunity with more developments within the DeFi space. Consequently, both old and new platforms explore ways to boost their protocols and keep the investors' interest…
4 years ago