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…
DeFi
Hedera DeFi Deep Dive: TVL Shows Impressive 146% YTD Growth, USDC Integration Flourishes – Is HBAR Getting Ready for ATHs?
Since the turn of the year, Hedera has recorded a 146% growth in DeFi total value locked (TVL), with SaucerSwap leading the push following the launch of its V2 protocol last November. Meanwhile, HBAR price has shot up from $0.085 at the start of the year to $0.116 at press time, and with DeFi and USDC integration on Hedera thriving, the token is set for bigger gains this year. It has been a year in which crypto ecosystems have thrived,…
1 year ago
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DeFiLendFi Revolutionizes DeFi Landscape with Comprehensive App Launch
In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) lending, cryptocurrency swaps, integration with GameFi and non-fungible tokens (NFTs), and the pioneering use of artificial intelligence (AI). A New Era of Financial Tools LendFi’s app brings…
1 year ago
DeFi Platform Algotech (ALGT) Expected to Rival Curve DAO and RETIK As Presale Shows Historic Numbers
With the recent surge in the global cryptocurrency market, investors are on the lookout for new sectors that offer real-world applications. Decentralized Finance (DeFi) has been one of the most prominent sectors that has gotten significant attention. Decentralized alternatives to conventional finance platforms are offering much better applications because of their decentralization and transparency. Blockchain projects like Solana and Ethereum have already surpassed conventional alternatives with their expansive ecosystems. Today, we explore an emerging trading platform that is poised to…
1 year ago
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DeFiDeFi Protocol Unstable Raises $2.5M to Drive LRTfi Sector Forward
San Fransico, USA, March 27th, 2024, Chainwire After raising $2.5 million in its latest seed funding round, Unstable Protocol is on a mission to transform the burgeoning Liquid Restaking Token Finance (LRTfi) movement. The project, which is building the leverage layer of (re)staked Ether, attracted investment from multiple ETH-aligned funds including Lattice, Laser Digital (Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital, and NxGen. Several notable angel investors, protocol executives, media partners,…
1 year ago
Osmosis, dYdX, Synthetix Spearhead DeFi Development Surge, Uniswap Trails Behind
Amidst a broader market rebound, several DeFi-related projects appear to be bustling with development activity. Topping the list is Cosmos-based decentralized exchange Osmosis, which experienced a notable surge in development activity, emerging as the leading DeFi project over the past month. Osmosis Leads DeFi Development According to the data shared by Santiment, Osmosis recorded more than 169 GitHub commits within the previous 30 days. The crypto analytic platform’s latest compilation of “developer activity” was based on aggregating all unique GitHub…
1 year ago
LIF3.com integrates Fireblocks to elevate safety and security in next-generation consumer DeFi
Road Town, British Virgin Islands, March 26th, 2024, Chainwire Lif3.com is thrilled to announce its integration with Fireblocks, an enterprise platform for building blockchain applications and managing digital asset operations. This collaboration brings together Lif3's innovative multi-chain DeFi ecosystem with Fireblocks' trailblazing security solution, including their Direct Custody platform and cutting-edge Non-Custodial Wallets-as-a-Service (WaaS) to enhance safety, security and enhance operational efficiency for the Lif3 ecosystem. With the integration of Fireblocks' Non-Custodial WaaS, Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1…
1 year ago
Biotic Commercial Coin: Pioneering Global DeFi Payments with New BEP-20 Token
[PRESS RELEASE – Delhi, India, March 26th, 2024] Biotic Commercial Coin (BCC) aims to establish a secure decentralized finance ecosystem, offering multinational companies and investors a safe payment system for global transactions. By leveraging blockchain technology, the coin enables secure digital transactions and asset ownership. Biotic Commercial Coin is a fully decentralized cryptocurrency that strives to become a universally accepted digital currency free from centralized control. The community drives the project entirely, emphasizing security, transparency, and global adoption. How Was…
1 year ago
ProfitRocket AI Soars to New Heights with its Revolutionary DeFi Platform
In the rapidly expanding universe of decentralized finance, ProfitRocket AI emerges as a beacon of innovation, heralding a new dawn for cryptocurrency enthusiasts and investors. With an entirely reengineered landing page, the platform is poised to captivate a global audience, keen to partake in a DeFi experience that promises transparency, ease, and profitability. Unveiling a Masterclass in Digital Craftsmanship The relaunch of ProfitRocket AI is not merely an update; it is a testament to the project's commitment to excellence. The…
1 year ago
Analysts Bullish on Retik Finance (RETIK) to Recreate Shiba Inu’s (SHIB) 2021 Surge Following DeFi Debit Cards Launch
A new cryptocurrency has emerged, capturing investors' attention with its game-changing potential. Retik Finance (RETIK), a decentralized finance (DeFi) powerhouse, is poised to repeat the iconic Shiba Inu (SHIB) token's unprecedented surge in 2021. As Retik Finance prepares to launch its groundbreaking virtual DeFi debit cards, analysts are bullish on its prospects, predicting a meteoric rise. Retik Finance: Revolutionizing Global Transactions Retik Finance's innovative ecosystem is led by its DeFi debit cards, a cutting-edge solution that seamlessly bridges the gap…
1 year ago