From De-Fi and payments to NFTs: what is driving crypto’s value in 2021?The global crypto market cap is $1.73 trillion with a 24-hour volume of $121.84 billion. The price of Bitcoin is $55,001.69 and the BTC dominance is at 59.4%.
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Author: Rossen Yordanov Insiders are understandably enthusiastic about the significant potential Decentralized Finance (DeFi) holds for its users. From lending crypto to others that need it in return for a yield, to taking out loans without ever needing to sign your name or interact with another human, to speculating with no broker involvement, to smart algorithms that can and optimize investment portfolios, De-Fi is set to shake up the way we do things. Of course, for the majority of people, crypto and blockchain are still foreign concepts they have either never heard of or do not understand. But that may be set to change soon, as there is more and more evidence that decentralized ledger technologies (DLTs) are penetrating into the mainstream. Major corporates are adding cryptos to their holdings. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. 🔥 Trending Sectors
BlockDown is back for 2021!
Mark your calendars as BlockDown Conference returns for a 1 year anniversary special for its 4th iteration on April 15-16. BlockDown 4.0 will welcome a host of the most paramount personalities and experts from the crypto space, as the event celebrates the bull market of 2021 with keynotes, panels and topical discussion. Organisers EAK Digital, a leading blockchain marketing agency, are excited to welcome Francis Xavier Suarez - Mayor of Miami, Akon - Founder of Akoin and Sergey Nazarov - Co-Founder of Chainlink to speak at BlockDown 4.0. Attendees will experience new interactive and innovative ways to gain exclusive NFTs, join private backstage interactive sessions on the new social media platform, Clubhouse, and much, much more! Click below for your free BlockDown 4.0 ticket. More news ⏬Forget overvalued artwork, Mark Cuban sees NFT ticketing as the mass-market disruptorMark Cuban, the billionaire owner of the NBA’s Dallas Mavericks, spoke about his quest to take advantage of the NFT world to disrupt businesses. Coinbase lists Curve, Ankr, and Storj—here’s what they all doUS crypto exchange Coinbase said it would list three altcoins, Curve, Ankr, and Storj, yesterday in a move that sent the trio’s prices surging skyward. Acala Network wins a parachain slot on Polkadot (DOT) testnetAcala Network became the first-ever project to win a parachain slot auction on Rococo, the ‘testnet’ of high-speed blockchain network Polkadot. DeFi exchange SushiSwap launches margin trading on ‘BentoBox’Decentralized exchange SushiSwap launched the much-awaited ‘Kashi’ app as part of its BentoBox product suite, as per an announcement today. 6 Chinese banks are testing the upcoming digital yuan (DCEP)Six government-backed banks in China are testing e-wallet services for the upcoming digital yuan, local outlet Sina News reported ealier this week. SwissBorg’s ‘Smart Yield’ wallet is offering up to 17.5% APY on EthereumSwissBorg’s wealth management app has launched a new offering that allows users to earn up to 17.5% annualized percentage yield (APY) on their Ethereum holdings, it said in a release last week. 215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. From De-Fi and payments to NFTs: what is driving crypto’s value in 2021?Insiders are understandably enthusiastic about the significant potential Decentralized Finance (DeFi) holds for its users. SEC case against Ripple could see Bitcoin and Ethereum pulled into the farceIn the on-going case of Ripple vs. How Bitcoin and a winning mindset transformed the life of this 19-year-old
Bitcoin‘s ebbs and flows have inspired the famous when lambo meme—the act of trading the asset’s volatility to make ungodly amounts of cash in a short period of time. Most get rekt, but those who put the time, effort, and dedication in learning the trade reach the levels of the enviable make it. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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