DeFi protocols have the potential to make finance more accessible and efficient, meaning better rates for the everyday person. Here’s a look at projects laying the foundations of the DeFi movement. Key Takeaways Bitcoin is one of the most important economic innovations of the last century, separating money from state for the first time. Ethereum’s…
Although a global digital currency has been enticing for regulators, Libra has failed to convince they’ll earn the world’s favor. Key Takeaways The announcement of Celo Network earlier this year marked the first true rival for Facebook’s Libra. a16z believes more competitors could emerge, putting stress on Libra, forcing regulators to take action. Libra’s failure…
Key Takeaways Layer two scaling solutions promise to bring scalability to Ethereum before the launch of ETH 2.0. Starkware’s ZK Rollup solution can theoretically scale Ethereum for over 50 million users while keeping fees below $0.01. For users to trust second layer solutions, wallet providers must bake in mechanisms that guarantee users won’t lose their…
Sino-American relations are under new stress as the U.S. government has added new sanctions due to China’s encroachment on Hong Kong. Historically, Bitcoin has helped investors navigate such tension. Key Takeaways Relations between the United States and China have degraded after the former claimed that Hong Kong is no longer an autonomous state. Chinese investors…
Free Report: The Federal Reserve is testing the limits of the dollar in the face of COVID-19. Fundamental data shows that these are the perfect conditions for Bitcoin to break into the mainstream. Key Takeaways COVID-19 pushed the stock market into panic, causing all assets to plummet, including gold and Bitcoin. The Federal Reserve is…
OmiseGo has taken its holders on a wild ride that may soon come to an end. Key Takeaways OmiseGo surged over 200% in the past few weeks. Despite the massive gains, most OMG holders are still in the red. Different indicators suggest that a correction is underway. Share this article Despite the massive upswing that…
The booming BTC options market has overshadowed the rising volumes of ETH options on Deribit. Share this article While BTC options open interest broke past the $1 billion threshold, the growth in ETH options has gone unnoticed. Ether options have been making new highs every week and are closing in on $100 million of outstanding…
Key Takeaways Despite the destructive March crash, Aave has marched on and up the rankings of most prominent DeFi projects. Since integrating Tether’s stablecoin, users have locked up more than $7.2 million on Aave. This spike in interest comes from the unique possibilities of flash loans as well as competitive, non-custodial rates on USDt lending….
On-chain data all indicate that Ethereum is posed for a major bull run. What’s holding it back? Key Takeaways Development activity on Ethereum has been consistent over the last six years as the network enjoys the majority of crypto developer mindshare. Ethereum usage is attracting more users and the advent of DeFi has helped the…
Despite their hype as “Ethereum killers,” these blockchain-based networks have failed to attract the same fervent community. Key Takeaways Most transactions occurring over the XRP, Tezos, and EOS networks carry little to no value. In the case of Tezos, governance transactions make up the vast majority of all activity while EOS transactions are made mostly…
