The past week was not kind to top-ranking cryptocurrencies, as both Bitcoin and Ethereum suffered strong corrections. However, the situation might be finally turning for the better, although nothing is certain as of yet Bitcoin price bounces back up after approaching $43,000 Bitcoin saw a choppy end to the last week of February, with price falling from $58k to $45k in just a … [Read more...] about Bitcoin and Ethereum prices hint at recovery as March 2021 begins
2021
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing transaction costs on the Ethereum network. While a lot of the focus in decentralized finance (DeFi) has been on the creation of a sprawling multichain ecosystem following the recent emergence of Binance Smart … [Read more...] about Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
DEX volumes have already surpassed $120B in 2021
Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far.According to Ethereum market analytics platform Dune Analytics, combined DEX volumes posted a new record of $63 billion in January. February's volume currently sits at $59 billion and is on track to hit $67 billion at … [Read more...] about DEX volumes have already surpassed $120B in 2021
Here are 6 DEX tokens that have seen exponential growth in 2021
DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects. While there have been previous iterations of DEX user interfaces, such as IDEX or Etherdelta, it wasn’t until Uniswap launched that trading in the DeFi network really took … [Read more...] about Here are 6 DEX tokens that have seen exponential growth in 2021