The Currency Analytics
By Sydney TheCMO
Wrapped Bitcoin
Bitcoin’s limitations
The DeFi trend has been on a rise since the early quarter of this year. Currently the total value locked in DeFi has reached $12 billion, representing an incredible 1,550 percent…
It’s not that the crypto and blockchain community isn’t trying to involve Bitcoin in the DeFi zone.
While the wrapped representation is a welcome move but a more practical thing would be to build DeFi products directly on Bitcoin – just the way we see with DeFi applications on…
It’s to note here building DeFi products on Bitcoin blockchain is any day more secure than the wrapped Bitcoin versions.
But as per the experts, it’s about time that the BTC community gives a nod to transform Bitcoin from a passive to active asset.
“Bitcoin is on a rise and might touch its 2017 ATH level this year only. The way it’s rising exponentially high, Bitcoin shows strong potential to be the largest blockchain in…
The crypto world is extremely hopeful about a continued bull run in the BTC sphere. Legendary financial authorities like JP Morgan have projected that the asset might cross iits…