With ether leading the way among altcoins plus a look at what may trouble DeFi in the future, CoinDesk’s “Markets Daily” is back with the latest news roundup. Tune in here:
With ether leading the way among altcoins plus a look at what may trouble DeFi in the future, CoinDesk’s “Markets Daily” is back with the latest news roundup.
With ether leading the way among altcoins plus a look at what may trouble DeFi in the future, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Crypto tax deters 83% Indian investors from crypto trading: WazirX reportIf you’re anti-cryptocurrency, India’s crypto tax is working. A survey of around 9,500 active traders in the region reveals that 83% of traders were forced to reduce their trading frequency owing to the TDS deductions. (Reporting via Arijit_4)
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Risk profile of crypto markets similar to oil and tech: CoinbaseRemember when crypto was a hedge against traditional markets? Digital assets today share a similar risk profile to commodities including oil and gas, and tech and pharmaceutical stocks, according to analysis from Coinbase’s chief economist.
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Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data ShowsThe troubled crypto lender paid down $183 million of its debt to the decentralized exchange Maker, blockchain data shows, possibly in a bid to recover bitcoin-linked collateral that otherwise would remain trapped.
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Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'The venture capital-backed Porter Finance said the lack of “institutional fixed income DeFi adoption” drove its decision.
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Cardano NFT Loans Are Now Available for Anyone via NFT-DeFi BridgeCardano interoperability and flexibility reaches higher levels as NFT-DeFi bridge already offers users NFT-backed loans
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DeFi staking protocol Tenderize raises $3 million in seed fundingStaking protocol Tenderize has announced a $3 million raise led by blockchain venture capital firm Eden Block.
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