The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain. Much of the excitement behind Dogecoin’s rally has been attributed to the upcoming appearance of Elon Musk, the CEO of Tesla and a Dogecoin advocate, on the popular Saturday Night Live comedy sketch show. Ether, on the other hand, continues to rally toward $4,000 as institutional interest in the altcoin soars and the approaching London hard fork have…
Day: May 8, 2021
DeFi Project Spotlight: Indexed Finance, Index-Based DeFi Investing
Key Takeaways As retail interest in DeFi grows, solutions like indices offer easy passive portfolio management opportunities. The index space is highly competitive, with DeFi Pulse Index taking the large majority of the market capitalization. The project’s upcoming release will turn all underlying tokens in the indices into yield-generating assets. Share this article Crypto, and DeFi in particular, can be tedious work to follow. By facilitating investment in specific sectors through indices, Indexed Finance creates an enticing financial product that removes much of the hassle of micromanaging a portfolio. What…