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
Ethereum (ETH) and Cardano (ADA) Holders Eye Kelexo (KLXO) as a High-Yield Lending Option
In the volatile cryptocurrency market, investors are always seeking promising opportunities. We delve into the market dynamics of Ethereum (ETH) and Cardano (ADA), focusing on how they’re recovering from the market correction wave. We also analyze the behavior of their investors and the opportunities they are looking into. In particular, we focus our attention on Kelexo (KLXO), a new market phenomenon. We decipher why its novel lending protocol is attracting Ethereum (ETH) and Cardano (ADA) investors. Ethereum (ETH) recovers slowly…
1 year ago
As Tether (USDT) Holds Steady, Binance Coin (BNB) Traders Eye Kelexo’s (KLXO) Presale for Diversified Lending Ventures Amid Market Volatility
Stablecoins like Tether (USDT) are usually sheltered from market volatility and price fluctuations. The token has been left untouched by the recent fall in prices of notable crypto tokens and alt-coins like Binance Coin (BNB). While both the Tether (USDT) and Binance Coin (BNB) are experiencing different realities in the market, their investors seem united in a common goal of buying Kelexo’s (KLXO) presale tokens. Investors are flocking to the Kelexo (KLXO) presale as general coin prices plummet. At $0.05,…
1 year ago
Chainlink (LINK) and Ethereum (ETH) Investors See Kelexo (KLXO) as a Major Contender in the Crypto Lending Arena
The crypto lending industry is built on the dedication to recreating traditional financial markets on the blockchain with the purpose of making them easier to access. Kelexo (KLXO) is a new entrant into this market, offering a Web 3 marketplace for lenders and borrowers to interact without needing a middle man. As a new entrant into this market, Kelexo (KLXO) is yet to make a name for itself as a prime crypto lending platform. However, it is designed with the…
1 year ago
Borrow and Lend Digital Assets on the Aave Platform – An Open-Source DeFi Protocol
The crypto space has grown tremendously, but more progress has yet to be made regarding lending and borrowing digital assets. However, many companies are taking a step in this direction, and Aave is a perfect example. Aave is an open-source DeFi protocol that allows users to borrow and lend digital assets. The platform has traditional loan features and several unique features that make it stand out. This article will review the platform, understand its features, and how it works. What…
5 years ago