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…
Decentralied Finance
Decentralized Finance (DeFi) – The Good, the Bad, and the Ugly
No one can argue that the Decentralized Finance (DeFi) movement is on fire at this moment. These next-gen financial systems continue to attract massive attention from investors. As this year's big thing, DeFi has its share of benefits and risks. Understanding these factors will help you to make the most of your DeFi investment strategy moving forward. DeFi exploded in popularity this year due to a couple of factors. Primarily, users are making huge profits using these systems. Additionally, the simplistic…
5 years ago
1 Billion ZIL Staked in 24 hours as Zilliqa Launches Staking Program
Blockchain platform Zilliqa has launched a non-custodial staking platform on its main net for users to stake ZIL tokens. This latest development has attracted a lot of enthusiasm from the Zilliqa community. Major Milestone Achieved in 24 hours Zilliqa revealed in a tweet that 1 billion ZIL tokens had been staked within a few hours of launch. Zilliqa also has a governance token ZILs or gZIL that would serve as a form of incentive to stakers. For every 1000 ZIL…
5 years ago