Crypto Currency

How to cash in on the Defi gold rush : DeFi | Ethereum | Cash | Blockchain | Cryptocurrency There has been a lot of talk lately about new Defi protocols coming up. A lot of capital has rushed to Defi-backed tokens helping many people make a lot of money in the process. The catch is that investing in many of these projects is risky. Many of them are still in beta phase, or the developers and management teams behind them are not so well known. Let the recent launch of Sushiswap serve as an example. Just a few days before the protocol’s big migration the main developer cashed out of the project, sending everyone involved into a frenzy. Tempers flared, nerves were wrecked, and for a moment it seemed like the project would just go belly up. So now, just as in 1849 when gold was discovered on the banks of the American River in­­ California, the surest way to riches may not be prospecting for gold. Levy Strauss, Phillip Armour, John Studebaker, Henry Wells and William Fargo all found out that

Ethereum Could Overtake Bitcoin Through DeFi, Lower GAS Prices: Bitcoin's Countermoves : | Defi | Ethereum 2.0 | Lowering Gas Fees | Bitcoin | Ethereum has always been the silver medal to Bitcoin's gold standard in the cryptocurrency space/industry. However, ETH could soon pull even with Bitcoin in the race to long term dominance. ERC-20 Tokens being used for gaming purposes and DeFi projects are boosting the practical use value of Ethereum. Ethereum is up 105% on the US Dollar from where it was 365 days ago, according to Coinbase pricing.  However, the mere price to buy a token/coin is not everything. Bitcoin is above $10,000 and Ethereum is only $370 but ETH has more use cases coming in the short term, and more projects working towards long term sustainability. Also, the number of bitcoin tokens "wrapped" into Ethereum has more than doubled since July. Bitcoin is 'wrapped' into Ethereum blockchain projects using a number of Ethereum-based tokens. Wrapping bi

  DeFi Tokens Are on the Rise. Should You Jump on Board? : The introduction of ethereum into the world of cryptocurrencies opened up several avenues for global developers. Unlike bitcoin, the king coin, ethereum provided a platform that developers could use to come up with different decentralized applications. One such area is decentralized finance that is providing financial services through smart contracts.  Since the inception of DeFi, the sector has continued snowballing. This year, in particular, has seen the DeFi sector record unstoppable growth. The industry achieved a significant milestone in February by surpassing the  $1 billion mark  in value. Now, the value of crypto DeFi markets is estimated at $4 billion, seeing as the industry has significantly benefited from the recent and ongoing bitcoin and ethereum bull runs.  As more crypto enthusiasts jump on board, many are looking into the DeFi space. DeFi tokens have not been left behind as individual and institutional investors

  What is DeFi? The simplest explanation : DeFi  (decentralized finance) is revolutionizing the cryptocurrency market. What challenges, and above all, what opportunities for investors?   In the cryptocurrency sector there is a new term among the interested parties, "DeFi": but what is it and what opportunities does it generate what some experts identify as a real revolution (and evolution) within the market? Over the past three years, there has been exorbitant growth within DeFi, a term used to refer to decentralized finance. This area of ​​the cryptocurrency sector is attracting more and more attention to itself, so let's see what DeFi is, which players operate there and what opportunities it offers. What is DeFi (decentralized finance)? DeFi includes all those financial services that use smart contracts, automated executive agreements that do not require the presence of intermediaries and that, instead, use blockchain technology directly on the Internet. In just three y

Top Things You Should Know About Ethereum (ETH)