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
Future Finance DeFi Platform UnchainX Launches DEX (Decentralized Exchange)
The post Future Finance DeFi Platform UnchainX Launches DEX (Decentralized Exchange) appeared first on Coinpedia Fintech News Future finance DeFi platform UnchainX successfully launched its DEX (Decentralized Exchange) on August 9, 2024. UnchainX is a DeFi platform on Binance Smart Chain (BSC) that allows anyone with internet access to easily trade cryptocurrencies with straightforward, secure, transparent, and fast transactions. On this day, UnchainX’s governance token, UNX, was listed on the UnchainX platform and continues to show growth. UNX debuted at…
10 months ago
Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
Tokyo, Japan, August 9th, 2024, Chainwire Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. “This is a game-changer for crypto self-custody holders who seek the flexibility and convenience of traditional financial systems without compromising their principles and…
10 months ago
Solana’s Meteoric Rise: How It Outpaced Ethereum in DeFi Trading Volume This July!
Solana’s adoption surge shows no signs of stopping as it overtook longtime DeFi king, Ethereum in trading volumes for the month of July. According to data from DeFiLlama, Solana outpaced Ethereum in daily volumes for a total of 17 days in the past month. This contributed to 30% of all crypto DEX volume while Ethereum followed with 28.12%. In pure numbers, Solana’s DeFi ecosystem saw its exchanges process $56.849 billion worth of transactions, while Ethereum exchanges finished the month at…
10 months ago
Donald Trump Jr’s HUGE Announcement For Crypto; Voices Defi As The Future!
The post Donald Trump Jr’s HUGE Announcement For Crypto; Voices Defi As The Future! appeared first on Coinpedia Fintech News Donald Trump Jr in a recent X post has hinted at a major announcement for the crypto and Defi market. The recent comment from the US Presidential candidate’s son has gained notable traction, especially after a day when his brother Eric Trump teased a ‘big announcement’ for the crypto and Defi market. Furthermore, Donald Trump’s pro-crypto stance has also added…
10 months ago
Kiln launches Kiln DeFi to enable stablecoin rewards, starting with Crypto.com
Paris, France, August 6th, 2024, Chainwire Today, leading enterprise-grade staking platform Kiln, announces the launch of Kiln DeFi, a new service for Kiln’s integrators. Kiln DeFi enables integrators to facilitate stablecoin rewards by providing seamless access to leading DeFi lending protocols like Aave, Morpho, and Compound. Using this infrastructure allows integrators to easily provide their users access to stablecoin rewards offered by DeFi lending protocols through native workflows within their wallets or platforms. Kiln DeFi enhances its recent initiatives by simplifying…
10 months ago
Must Buy DeFi Tokens For 50% Breakout Runs In Early August
The post Must Buy DeFi Tokens For 50% Breakout Runs In Early August appeared first on Coinpedia Fintech News Creating a bearish mark in market pullback, the DeFi segment is rising against the tide of crypto market. Despite the downfall in Bitcoin in contrast to the anticipation of a new all-time high formation, these DeFi tokens gain a “must buy” tag with their quick jumps. The following tokens are at crucial levels, with offerings of more than 50% upside upon…
10 months ago
Elastos’ BeL2 Secures Starknet Grant to Advance Native Bitcoin Lending and DeFi Solutions
Singapore, Asia, July 29th, 2024, Chainwire Elastos BeL2 will partner with StarkWare to integrate Starknet ZKPs and Cairo programming language with BeL2 for Native Bitcoin DeFi appsStarknet integration enables BeL2 to deliver smart contracts and dapps without moving Bitcoin assets off the mainnet Starknet Grant validates strength of BeL2 innovation and leadership in the Native Bitcoin ecosystem Elastos BeL2 (Bitcoin Elastos Layer2) has secured a $25,000 grant from Starknet, a technology leader in zero-knowledge proofs (ZKP). This significant endorsement highlights the…
10 months ago
Life-changing Crypto Projects: Evaluating Dogwifhat, Worldcoin, and Viral DeFi Platform DTX Exchange
The post Life-changing Crypto Projects: Evaluating Dogwifhat, Worldcoin, and Viral DeFi Platform DTX Exchange appeared first on Coinpedia Fintech News One bull market and one potential fundamentally strong crypto project have the capabilities to change the life of a small investor. Every project has a different vision and future growth capabilities, and it can be hard for a small investor to find a potential project that could be a blue-chip crypto coin in the future. We are going to evaluate…
10 months ago
Kintsu Secures $4M in Seed Funding Led by Castle Island Ventures to Catalyze Monad DeFi with Liquid Staking
New York, New York, July 25th, 2024, Chainwire Kintsu, an innovative liquid staking protocol, is thrilled to announce the successful completion of its $4 million seed funding round. The round was led by Castle Island Ventures, with additional support from prominent investors including Brevan Howard Digital, CMT Digital, Spartan Group, Breed VC, Arche Capital, CMS Holdings, Animoca Ventures, F-Prime Capital (a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments), Reciprocal Ventures, and LBank Labs. Notable…
11 months ago