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…
Common DeFi Marketplaces
Common DeFi Marketplaces You Should know About
Decentralized Finance (DeFi) has been making headlines for the past year and has massively gained users and market capitalization. DeFi refers to financial services utilizing smart contracts. These contacts are automatically enforceable agreements that do not require an intermediary such as a bank but rely on blockchain technology. Between December 2019 and now, the DeFi industry has grown from $700 million to $74.96 billion. It represents about 5.3% of the total crypto market space. This article will then focus on…
4 years ago