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Derivatives data highlights crypto traders’ positive sentiment and belief in further upside

A 5.5% weekly decline in the total crypto market capitalization might have sucked the wind out of some altcoins, but it has done little to alter traders' bullish point-of-view.

Continue ReadingDerivatives data highlights crypto traders’ positive sentiment and belief in further upside

Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has…

Continue ReadingCrypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark

TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17,…

Continue ReadingTVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion.…

Continue ReadingDecentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed