Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked in DeFi Passes 100K
Bitcoin's price is trending upward Tuesday as the amount of BTC in DeFi hits a new high.
The partnership will bring BitGo’s wrapped bitcoin (WBTC) into the Tron ecosystem as a TRC-20 token.
Bitcoin price dipped Wednesday while investors park crypto in Ethereum sidechain stablecoin xDai.
Free of charge for eToro clients, the new staking service will initially support Cardano and TRON but will add other tokens in due course.
Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.
Bitcoin's price continues to trend upward while the ether options market signals bearish sentiment.