Why DeFi Trading Is Expanding Despite Harsh Economy
Companies like Nimbus have set the pace for an excellent year for DeFi. The Nimbus DeFi ecosystem delivers strategic solutions targeted at solving the shortcomings plaguing the DeFi space.
DeFi (which is short for Decentralized Finance) was one of the top trends in the blockchain...
Bank of Singapore Bullish on Crypto, Says It Can Replace Gold as Store of Value
The Bank of Singapore said that crypto has all the technological prowess to be used as digital money. However, it has to address issues of extreme volatility and bring more legitimacy with institutional participation.In an interesting development, a private banking firm – Bank of...
Despite Growth on Other Blockchains, DeFi Is Still Ethereum’s Forte
Ethereum has a major DeFi lead in several key metrics, including the overall number of DeFi apps, number of DeFi users, number of DeFi developers, and total value transacted through DeFi apps.As the race for decentralized finance (DeFi) supremacy heats up, Ethereum is still...
CoinZoom’s ZoomMe Platform Brings Zero Fees to International Remittance
For anyone who has to frequently send money internationally, ZoomMe could be a great and affordable option to cut down on transaction costs.As many immigrants know first-hand, international remittance is a crucial part of everyday life, and for some, the only way they can...
Ethereum as well as Bitcoin Witnessing Rise in Institutional Investors
Institutional investors are beginning to take more interest in Ethereum. This is very similar to the way they adopted Bitcoin enmasse in 2020.Bitcoin is not the only crypto asset that has seen an increase in the numbers of its institutional investors. According to a...
World Economic Forum (WEF) Includes Cryptocurrencies on Davos Agenda
As digital currencies begin to gain more recognition in the global financial market, the WEF is focusing more on blockchain technology and the crypto space at large.The World Economic Forum (WEF) has included cryptocurrencies on its Davos Agenda. According to the schedule, the organization...
Ethereum (ETH) Breaks Its All-Time High Price Record Above $1,450
Though Ethereum alone bears the glory with this current milestone, many factors work synergistically to help the coin attain the record ATH.Ethereum (ETH), the second-largest cryptocurrency by market capitalization has beaten its own all-time high price record above $1,450 in the early hours of...
Big Cities in China Plan to Conduct More Pilot Testing of CBDC in 2021
Shanghai Mayor Gong Zheng also declared the city’s support for the development of the digital yuan.In an effort to promote the development of the central bank digital currency (CBDC) in China, several cities in the country are planning to undergo pilot testing. The digital...
Assessing Altcoin Mood Music as Bitcoin Catches Its Breath
While some altcoins have gained in Ethereum’s slipstream, others are plotting their own course while seeking to topple the front-runner itself.Is alt season upon us? Many crypto commentators are predicting just that, after Ethereum (ETH) hit a record high of over $1,440 on January...
Crypto Lending and DeFi Can Become Threat to Banking System
Today, the most reliable options are hybrid services like BitcoLoan, which provide users’ finances with a reliable platform to work with.2020 marks a new milestone in digital finance. Cryptocurrencies have received a powerful impetus, a lot of new products have appeared in this area,...
