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
Should You Buy These DeFi Tokens From Grayscale’s DeFi Fund?
The post Should You Buy These DeFi Tokens From Grayscale’s DeFi Fund? appeared first on Coinpedia Fintech News As one of the foremost and bullish fund houses, Grayscale has diversified into multiple segments of the crypto industry. With multiple crypto products, ranging from ETFs to trusts and mini trusts, Cathie Wood pioneered CeFi’s attention to the crypto world. As the bull run begins in the altcoins market, the DeFi tokens are potentially gearing up to hit the 2021 levels. Amid…
10 months ago
Quantlytica Set to Become the Liquidity Gateway for DeFi Through the Power of AI
The post Quantlytica Set to Become the Liquidity Gateway for DeFi Through the Power of AI appeared first on Coinpedia Fintech News While the approval of ETFs was expected to drive mass adoption of Web3, the reality is quite different. Despite the promise, widespread adoption has been slow, with many finding DeFi either too time-consuming or financially risky. Engaging in DeFi—whether trading, investing, or otherwise—often requires significant time and effort, with no guarantee of returns. This is where Quantlytica comes…
10 months ago
Portals API Powers ShapeShift’s New “Shifts” Feature, Lowering DeFi Access Barrier
Calgary, Canada, August 19th, 2024, Chainwire Portals' Any-to-Any Asset Swap & Zap Integration Brings One-Click DeFi Strategies to ShapeShift's Multichain Platform Portals, a leading provider of low-code decentralized finance (DeFi) integration solutions, today announced that its advanced technology is powering "Shifts," a new feature on ShapeShift, the multichain DeFi platform and wallet. This collaboration is set to revolutionize access to decentralized finance, making it more approachable for both seasoned crypto users and those new to the space. Decentralized finance offers…
10 months ago
INFINIT Opening DApp Creation to All with First-Ever DeFi Abstraction Layer
Bangkok, Thailand, August 19th, 2024, Chainwire INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated chain. Like pump.fun before it, INFINIT enables anyone to enter the arena and build their own financial dApps. Supported by prominent investors including Electric Capital…
10 months ago
With A Bullish Shift From Memecoins, Will DeFi Tokens Skyrocket?
The post With A Bullish Shift From Memecoins, Will DeFi Tokens Skyrocket? appeared first on Coinpedia Fintech News In a surprising shift in the crypto market at the start of this week, the meme coins are not a part of the recovery rally. With the top meme coins struggling to lift in the broader market rising tide, the DeFi tokens capitalize on the move. As the top DeFi tokens gain momentum, here are the top choices to buy for a…
10 months ago
Will This Experienced DeFi Founder Save FTM After Taking Over As CTO?
In five short months, FTM, the native coin of the Fantom Network, has been in free fall. In summary, the token is down a massive 70% from March highs but is presently stable, following a stream of supportive fundamentals. A big part of the recent turnaround is due to a recovery in DeFi and capital flowing into the sector. According to DeFiLlama data, all DeFi protocols across multiple blockchains manage over $84 billion worth of assets. Though Ethereum leads, over…
10 months ago
Donald Trump Jr. Launches Telegram Channel for Trump DeFi Project
The post Donald Trump Jr. Launches Telegram Channel for Trump DeFi Project appeared first on Coinpedia Fintech News Amid the ongoing bloodbath in the cryptocurrency market, Donald Trump Jr. recently made a post on X (Previously Twitter) that he has launched a Telegram Channel for the latest crypto project announcement. This post on X has spread like wildfire and gained a view of over 400K in just a few hours. Donald Trump Telegram Channel According to the post on X,…
10 months ago
When Will ETH Price Break All-Time High as DeFi Adoption Explodes Into New ICO
As Ethereum (ETH) continues to be a cornerstone of the cryptocurrency world, its price trajectory remains a hot topic among investors and analysts. The potential for Ethereum (ETH) to break its all-time high is more tangible than ever, especially with the rise of new ICOs such as Mpeppe (MPEPE) that are harnessing the power of decentralized finance (DeFi). Here’s a closer look at how Mpeppe (MPEPE) is influencing Ethereum (ETH)’s future and the possibilities for ETH to reach new heights.…
10 months ago
Solidton Set to Launch DeFi Ecosystem with P2P Lending, and More Features
The Solidton (SON) team is excited to announce the upcoming launch of their DeFi ecosystem. The new platform will come with P2P lending, staking, and more innovative features. With a mission to unite people within the crypto community, Solidton aims to make financial management accessible for everyone. The project offers a comprehensive solution with transparent and secure instruments that inspire confidence in users. With a simple tokenomics structure and a forward-thinking roadmap, Solidton intends to change several aspects related to…
10 months ago