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Major Challenges Affecting Institutional Adoption of DeFi: IntoTheBlock
Major Challenges Affecting Institutional Adoption of DeFi: IntoTheBlock
Nov 9, 2024
The decentralized finance (DeFi) sector has experienced explosive growth over the years, but several challenges are causing slower institutional adoption. With its total value locked above $100 million, DeFi has yet to remove the strongholds preventing institutions from getting involved in the sector. Crypto market intelligence platform IntoTheBlock believes these challenges are multifaceted; hence, DeFi must be developed from several...
Major Victory for Donald Trump, Bitcoin Explodes to ATH, Altcoin Season Heats Up: This Week’s Market Update
Major Victory for Donald Trump, Bitcoin Explodes to ATH, Altcoin Season Heats Up: This Week’s Market Update
Nov 9, 2024
The first week of November 2024 will surely go down in crypto history. Up until this point, we saw multiple institutions, asset managers, and even smaller countries endorse Bitcoin. We have the likes of BlackRock, Fidelity, VanEck, multiple billionaires, celebrities, and countless others show their support for the cryptocurrency industry. But on November 5th, the people of the United States...
$9.3B ERC
$9.3B ERC
Nov 9, 2024
Donald Trumps win triggered massive gains for not just digital assets but also crypto-related stocks, and ETF flows on November 6 and 7 as stakeholders await potential regulatory clarity, legislative advancements, and expected shifts within the Securities and Exchange Commission. Following the results, data showed billions worth of ERC-20 stablecoins flowing into exchanges. This could potentially signal an extension of...
This Is How Much Crypto the Ethereum Foundation Holds
This Is How Much Crypto the Ethereum Foundation Holds
Nov 9, 2024
The Ethereum Foundation holds $970.2 million in its treasury, according to the newly released report. This includes $788.7 million in crypto and $181.5 million in non-digital asset investments. A major 99.45% of the foundations crypto holdings are in ETH, which represents 0.26% of the total ether supply as of that date. By prioritizing ETH for the majority of its treasury,...
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