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Bitcoin Taps $44K: DeFi Tokens Explode Amid Chinese Regulatory Uncertainty (Market Watch)

After dumping below $41,000, bitcoin initiated an impressive leg up, resulting in tapping $44,000. Tokens from the decentralized finance space have charted even more notable gains in the past 24…

Continue ReadingBitcoin Taps $44K: DeFi Tokens Explode Amid Chinese Regulatory Uncertainty (Market Watch)

USDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months

As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen…

Continue ReadingUSDC Market Capitalization Hits $30 Billion — Stablecoin Adds $10 Billion in 4 Months

Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL

The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The…

Continue ReadingSolana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL