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…
Lending
Memereum: The Future of DeFi with Comprehensive Insurance, Lending, Staking, and DeFi Debit Cards
The post Memereum: The Future of DeFi with Comprehensive Insurance, Lending, Staking, and DeFi Debit Cards appeared first on Coinpedia Fintech News Memereum has rapidly established itself as a standout project in the decentralized finance (DeFi) space, offering a unique combination of services that redefine traditional finance. With its broad suite of products—including insurance, lending, staking, and DeFi debit cards—Memereum is poised to become a leading force in the multi-billion dollar DeFi market. Memereum’s Comprehensive DeFi Ecosystem Memereum’s approach to…
1 year ago
Billionaire Tim Draper Leads $3.5 Million Investment in Bitcoin Lending Protocol
Tim Draper has led a $3.5 million seed funding round in Zest Protocol, a Bitcoin lending startup. This move marks a significant milestone in making decentralized finance (DeFi) accessible to the Bitcoin network, with notable contributions from industry giants like Binance Labs. $3.5 Million Into Bitcoin Lending Venture Building on the Stacks blockchain, Zest Protocol aims to revolutionize Bitcoin lending. It seeks to allow BTC holders to utilize their assets in on-chain lending markets without intermediaries. The startup is leveraging…
1 year ago
Zest Protocol Secured $3.5M Funding From Tim Draper for On-Chain Bitcoin Lending
The post Zest Protocol Secured $3.5M Funding From Tim Draper for On-Chain Bitcoin Lending appeared first on Coinpedia Fintech News Zest Protocol, a pioneering Bitcoin lending startup, has successfully raised $3.5 million in funding led by renowned investor Tim Draper. This funding round, which included participation from key investors such as Binance Labs, Flow Traders, and Trust Machines, highlights a growing interest in crypto lending despite regulatory challenges from the U.S. Securities and Exchange Commission (SEC). Zest Raises $3.5M in…
1 year ago
XRP Eyes $0.52 Resistance as Ripple Developers Consider Lending on XRP Ledger
XRP has failed to record a daily close above the $0.53 resistance for five days, with the SEC’s filing against Ripple’s expert witness motion failing to influence the market. XRPL developers have proposed a direct lending mechanism that doesn’t rely on smart contracts; the loans would have a fixed term and accrue interest but wouldn’t need on-chain collateral. DeFi has become a cornerstone of the crypto community, and while Ethereum remains the sector overlord, the XRP Ledger (XRPL)’s DeFi ecosystem…
1 year ago
NFT Lending Hits Quarterly High, Surpassing $2.1 Billion in Q1: CoinGecko
The lending market for non-fungible tokens (NFTs) has witnessed an unprecedented surge, hitting a quarterly high of $2.13 billion in Q1, marking a significant 43.6% quarter-over-quarter growth. According to data from CoinGecko, five of the six top platforms are seeing increased volumes. Blend Dominates with 92.9% Market Share In January, the NFT lending market hit a record $0.9 billion monthly volume, exceeding the previous peak of $0.85 billion in June 2023. Blend emerged as the top NFT lending platform, with…
1 year ago
Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement
The post Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement appeared first on Coinpedia Fintech News Dogwifhat (WIF) and The Graph (GRT) are on traders’ radars as they try to find their way in the furious crypto market. On the other hand, Bitcoin (BTC) reached its significant milestone, overcoming a key resistance level. Dogwifhat (WIF) wild ride shows how volatile meme coins are, but experts say it may…
1 year ago
Kelexo (KLXO) Lending Model Draws THORChain (RUNE) & Fantom (FTM) Enthusiasts Anticipating Major Gains with Bitcoin (BTC) Halving Imminent
According to experts, the future is synonymous with DeFi and with the much-anticipated Bitcoin (BTC) halving ever-so-close, investing in decentralized projects now could yield a sizable return on your investment. As a result, seasoned traders have been monitoring Kelexo's (KLXO) gains even during the initial stages of its presale, specifically traders from the communities of THORChain (RUNE) and Fantom (FTM). THORChain (RUNE) Looking More Bearish By The Day THORChain (RUNE) was created by GitLab to make it simple for users…
1 year ago
As Bitcoin (BTC) Halving Looms Kelexo (KLXO) Offers UNUS SED LEO (LEO) & Aptos (APT) Holders a Lucrative 25X Lending Opportunity
With less than 1,660 blocks left to mine, the Bitcoin (BTC) halving event is upon us. According to CoinMarketCap, it is expected to happen around April 20th 2024. UNUS SED LEO (LEO) and Aptos (APT) holders are structuring their portfolios ahead of the event with the Fear and Greed Index registering 76. A UNUS SED LEO (LEO) whale recently made a huge investment into Kelexo (KLXO), sparking discussion in the crypto space. This new venture pioneers a new use case…
1 year ago
Certo Announces Launch of its Testnet: Pioneering the Future of p2p lending and Stablecoins
Zurich, Switzerland, April 16th, 2024, Chainwire Certo is excited to announce the official launch of its highly anticipated testnet, marking a significant milestone in the development of its groundbreaking p2p lending project. Designed to revolutionize digital transactions by offering unparalleled security, transparency, and stability of funds collateralized by Real-World Assets (RWAs), Certo's testnet is now open for community participation and feedback. Setting New Standards for Digital Currency The testnet phase is crucial for Certo, aiming to rigorously test the network's…
1 year ago