Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Today, your Bitcoin barista is offering specials on whether Ethereum is ever going to bounce, a DeFi token to watch (maybe) and is it time for API3 to head north?
Everyone is too busy talking about war…
All that matters is cryptos are holding steady, let’s get on it.
Ribbon finance is a decentralised finance (DeFi) protocol built on the Ethereum network. It uses financial instruments like options, futures, and fixed income to offer interest-earning crypto structured products to its users.
Since its launch in December 2020, AP13 has been on a rollercoaster ride. With several peaks mapping its charts, this Ethereum token aims to connect traditional APIs with the blockchain ecosystem, allowing API providers to operate their own nodes without high cost and centralised oracle monitoring.
Decentralised finance (DeFi) gained momentum last year due to higher usage, new applications and strong investment. The trend is showing no sign of fading, with $83.33bn in total value locked (TLV) in DeFi projects, as of 14 February 2022.
Cryptocurrency had a prominent place during the most-watched sports event in the US, with crypto-themed commercials flooding the Super Bowl. But the festivities did not translate into digital assets’ valuations.
This article was developed in collaboration with Capital.com Australia (AFSL 513393), a Stockhead advertiser at the time of publishing