The decentralized finance (DeFi) sector has been experiencing a resurgence, with notable growth in key metrics such as active loans and total value locked (TVL) from their lows in 2023. DeFi lending, a crucial aspect that allows investors to lend their crypto assets in exchange for interest, serves as an important indicator of DeFi participation
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Coinbase, the leading cryptocurrency exchange, has reported a total revenue of $1.449 billion for the second quarter, surpassing market expectations. This marks a significant increase from its revenue of $674.1 million during the same period last year. However, despite the positive revenue growth, total revenue actually saw an 11% decline quarter-over-quarter. In terms of net
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In the world of cryptocurrency, market experts often make bold predictions about the future prices of various digital assets. Recently, two experts have revised their predictions for Ethereum, the second-largest crypto token in terms of market capitalization. One of the experts, Adriano Feria, went as far as predicting that Ethereum could reach an astounding $100,000
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Recent data on Ethereum exchange-traded funds (ETFs) in the US reveals a concerning trend of net outflows. On one particular day, the nine spot Ethereum ETFs experienced a total outflow of $77.21 million, marking a significant reversal from the previous day’s positive activity. This comes at a time when the price of Ether has struggled
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The first two quarters of 2024 saw a surge in popularity of meme coins, with investors jumping on the bandwagon in hopes of quick gains. However, recent observations indicate a significant cooling off in the market, with only a few lesser-known meme coins managing to record gains over the past 30 days. The once-popular meme
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Manchester United has taken a groundbreaking step in engaging its fans by launching player trading cards and the Fantasy United game for the 2024/25 season on the Tezos Blockchain. This innovative approach allows fans to collect cards featuring first-team players, build squads, and compete in a Web3 fantasy football game. The ‘Fantasy United’ game offers
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