On April 3, 2022, decentralized finance (defi) protocols held approximately $ 163 billion total value locked (TVL). By the start of January 2023, this amount declined to $ 38.30 billion. Concurrently, in April 2022, the leading defi tokens by market capitalization were collectively worth $ 135 billion, but by Jan. 1, 2023, …
Over the last few weeks, the market value of leading stablecoins has experienced a notable increase. The economy of these fiat-pegged tokens expanded from $ 123.66 billion to the present $ 129.14 billion. This substantial growth of almost $ 6 billion comes after the stablecoin industry shed tens of billions in the …
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $ 4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $ 2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto landscape, with …
Bitcoin started the weekend tracking around the $ 34,000 level, as prices rebounded following a two-day winless run. The cryptocurrency has begun to consolidate in recent days, following strong gains earlier in the week. Ethereum moved back closer to the $ 1,800 level. Bitcoin Bitcoin rose back above the $ 34,000 level …
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September. Polygon (MATIC) Polygon (MATIC) […]