BiFi Launches Lending and BiFi Rewards

BiFi ($BIFI) is the multichain DeFi platform powered by Bifrost’s ($BFC) multichain technology. BiFi connects not only Ethereum-based tokens, but also other tokens from different blockchains such as Bitcoin, Tron and Klaytn.

Lending service allows users to deposit ERC-20 assets including ETH, USDT, LINK, DAI, and borrow against their deposit. The interest rates are determined solely by the market demand in a decentralized manner. To secure initial liquidity, BiFi Rewards Program will reward BiFi tokens anyone who deposits or borrows on BiFi.

Next week, BiFi Pooling & Staking service will also support BiFi tokens. Just like BFC Pooling & Staking, users can stake BiFi tokens or BiFi-ETH Uniswap LP tokens to earn even more BiFi tokens.

During Q1/Q2 of 2021, BiFi will expand to connect other blockchains like Ethereum, Klaytn, Tron, and ultimately Bitcoin. Bifrost Wallet, the first multichain wallet, will also be released to offer multichain transactions.

Details about BiFi Lending & Rewards Launch: http://bit.ly/2XhHuY3

BiFi Lending Service: https://bit.ly/2Ltx0C3
BiFi Rewards Program: https://bit.ly/393VE4C

Tesla shares yesterday overtook the S&P 500 and its member giants Apple and Google.

The media are already arguing whether Elon Max is the richest man in the world or not yet 💰

December 2020 has become very active in terms of the number of new followers on Twitter accounts of Binance and Coinbase exchanges, as well as the CoinMarketCap and CoinGecko platforms. However, the historic highs from December 2017 and January 2018 are still very far away.

Here is the graph. We are waiting for the continuation.

Correlation between the release of new USDT and the price of BTC

Google searches for Bitcoin have skyrocketed last week. The figure was about 70 percent of its all-time high, according to The Block.

Yesterday, the trading volume of cryptocurrencies on the PayPal platform exceeded the equivalent of $ 242 million. In general, since January 1 of this year, this figure has grown by 950 percent.

1inch.Exchange Reduces DAI / USDC Exchange Cost

Leading DEX Aggregator, added support for MakerDAO's Peg Stability Module (PSM).
This feature allows users to swap DAI: USDC at a 1: 1 ratio while charging a nominal 0.1% commission.

The number of ETH ethers on cryptocurrency exchanges is getting smaller, CryptoQuant reports. Coin holders actively withdraw them from centralized sites.

Mt Gox will distribute 90% of the cue ball

Bloomberg journalist Matt Leising said that Mt Gox made a deal and lenders can get 90% of the bitcoin that remained in the wallets of the exchange.

This is approximately 138,000 BTC. There are no details about the time, method and other conditions of distribution. What will happen to the remaining 10% of the coins is also unknown.

The total earnings of Bitcoin miners have surpassed the $ 20 billion mark for all time, according to Glassnode. The indicator has doubled over the past two years, so miners are clearly pleased with the current stage of growth in the cryptocurrency market.

Annual Transaction Volume / Average Transaction Size for various payment services and protocols.

Despite the Bitcoin correction, many altcoins continue to conquer new heights. Here, for example, the top 10 gainers for the week from more or less capitalized coins.

Ethereum (ETH) Hits New ATH With Multiple On-Chain Milestones, Liquidity Shortfall, & DeFi Optimism

http://bit.ly/39ZnWxv

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The total volume of USDT transactions on the Ethereum network exceeded $ 1 trillion

Ethereum's realized market capitalization has grown by the equivalent of over $ 25 billion since the beginning of this year, according to Coin Metrics analysts. The indicator takes into account the cost of tokens during their last movement, and its growth may indicate an influx of capital into the cryptocurrency.

The number of Bitcoin addresses with at least 1000 BTC went up again, according to CoinMetrics. This means that large players with millions of dollars at their disposal continue to actively buy the asset.

🚀🚀🚀 Dogecoin grew by 880% and entered the top 7 cryptocurrencies in terms of capitalization 😱

In 2021, about 26 thousand new BTC appeared on the Bitcoin network thanks to mining. At the same time, the fund of the Grayscale company during the same time was replenished by approximately 40 thousand coins, which is one and a half times more than the first indicator.

The buying up of bitcoins is merciless.

On the one hand, requests to Google about cryptocurrencies are falling, and on the other hand, the popularity of cryptocurrency applications for phones is breaking all records 🧐

It is also interesting that the growth in demand for crypto applications is higher for iPhone users and less for android owners. Another argument in the piggy bank that users of Apple products are wealthier? 😏

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