Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars.
Bitcoin's price is trending up after a dip while traders are moving ether off from centralized exchanges.
Kadenaswap, the hybrid blockchain protocol's coming DEX, will begin a rollout later this year.
A new governance vote would continue liquidity mining rewards for certain asset pairs as the original allocation ends.
This week, bitcoin rallied past $11,000 and value in DeFi climbed toward $4 billion. But what's the point of crypto if regular markets are just as volatile?
Building on the Solana blockchain means the new platform's operations are less restricted than those on Ethereum, the firm says.