Will dYdX Launch a Token?

The margin trading platform dYdX is the biggest defi dapp to not participate in the yield farming trend. They handle significant volumes, $2.5 billion over 2020, and have processed $17.4 billion worth of loans. Speculation is ripe therefore they may do a Uniswap style airdrop, but today they announced instead […]

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Defi Nears 30% of Ethereum’s Market Cap

Decentralized finance (defi) keeps making new highs rising recently even as bitcoin consolidates in what looks like a triangle. The defi market cap has now reached $45 billion, its highest level ever, making it nearly 30% of ethereum’s $150 billion market cap. Eth seems to have benefited from this bullishness, […]

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Bitcoin made up 97% of total crypto inflows in 2021

Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, remains the most preferred digital currency for investors, according to a new report. Bitcoin inflows accounted for 97% of total crypto inflows so far in 2021, according to a Jan. 25 report by digital asset investing company CoinShares. Bitcoin comprises 83% […]

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