DeFi Frenzy Proves the Power of Bitcoin; Correction Incomming – Novogratz

DeFi Frenzy Proves the Power of Bitcoin; Correction Incomming – Novogratz

Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia The current macroecomic backdrop, as well as the frenzy surrounding decentralized finance (DeFi), has proven just how “powerful” bitcoin (BTC) is as a store of value, according to Mike Novogratz, founder and CEO of Galaxy Digital. However,…

Unchained DeFi Unicorns – The Next Wave of Billion Dollar Companies

Unchained DeFi Unicorns – The Next Wave of Billion Dollar Companies

Source: Adobe/James Thew Keld van Schreven is the Managing Director and Co-Founder of KR1 plc, the London listed cryptoasset and blockchain investment company._____ This summer has seen the start of a new hype cycle in technology and finance. The movement is called DeFi, which stands…

New Crypto DeFi Asset Surges 409% in Just Four Days – Here’s the Scoop on Tendies

New Crypto DeFi Asset Surges 409% in Just Four Days – Here’s the Scoop on Tendies

A low-cap DeFi cryptocurrency is the latest to shake up the cryptoverse after surging 409% in just a few days. Tendies, a new cryptocurrency that bills itself as the “next generation autonomous and hyperinflationary coin,” is attracting attention after jumping from $0.1853 on July 30th…

The great big DeFi bubble—will it burst?

The great big DeFi bubble—will it burst?

Decentralized finance (DeFi) is booming. In the last two months, the amount of value locked up in DeFi protocols has shot up from $1 billion to $4 billion, thanks largely to a new concept called “yield farming.” It’s been a crazy success; one project, yEarn…

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