Blockchain-based private loans hit $582M, doubling from last year
The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows. Go to Source
APR
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Binance Launches Ether-Based Liquid Staking Product WBETH to Rival Liquid Staking Competitors
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax. … Read more
Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just … Read more
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have … Read more
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more
APR vs. APY: What’s the difference?
The key difference between APY and APR is compound interest. Before investing, compare their potential returns. Go to Source Powered by WPeMatico
Chasing Liquidity Pools: Crypto Assets and Defi Apps Can Give Yields Up to 400% Annually
While cryptocurrency markets have been red hot and gaining in value, demand for certain assets and liquidity has grown massive. At the same time, a myriad of crypto proponents are chasing significant returns by hunting for liquidity pools with colossal yields. These days certain decentralized finance (defi) applications can give a yearly ROI upwards of … Read more
Earn More Interest on Your Crypto With These Comparison Tools
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded for saving crypto? Also read: How … Read more
PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet
The Monarch Wallet now supports Bitcoin Cash (BCH). Users can now store, send, and receive BCH in-app. Qualified Users Can Earn Interest & Purchase BCH in-app using their Credit Card. The post PR: Monarch Blockchain Corporation Now Supports Bitcoin Cash in Monarch Wallet appeared first on Bitcoin News. Go to Source Powered by WPeMatico
PR: Roger Ver Joins Monarch as Investor & Advisor, Bitcoin Cash Now Supported In-App
Monarch Blockchain Corporation is excited to announce that Roger Ver is joining as an investor and advisor. Monarch Wallet now supports Bitcoin Cash (BCH).Roger Ver decided to invest in Monarch Blockchain Corporation as well as become an advisor. Monarch Wallet has added Bitcoin Cash (BCH) to its list of over 1900 supported cryptocurrencies. The post … Read more
