Greetings Everyone
and welcome to the Brief Crypto News, Episode 14.
I am LeaderIcarus and it's Aug 30, 2020, 08:00 UTC, right after the much-needed summer break. Batteries are fully charged and we are ready to face the new wild season.
The news is like a snowfall, so we will not try to catch up, but, rather, we will try to get the general sense, so we are able to blend in.
Market Overview
The market cap is $380 billion with a twenty-four trading volume of $75 billion.
Bitcoin dominance is 56% and the second Ethereum has 11,9% of the market.
Bitcoin is still around $11400, while Ethereum is just above $400.
The bigger gainers among the top 20 are chainlink 20,6%, trading at $16.64, and Polkadot an impressive 121% at $6.35, at fifth and sixth place respectively.
In seventeenth place Cosmo 33,2 % at $7.47 and at the twentieth place Neo 28% at $21.21 for the last 7 days.
The bigger losers are Bitcoin cash in seventh place with just a -4.5% and Cardano in ninth place -7.7% for the last 7 days.
DeFi
At the DeFi ecosystem, we have a Total Value Locked of $8,74 billion
Aave in the first place - a couple of days ago - and the Maker in the second.
Curve.Finance, Balancer, Yearn.Finance and Synthetix are the top 5.
All of them are part of the Ethereum blockchain.
On the other hand, the coins governing the DeFis are in an entirely other situation.
Chainlink has the top place ($16.63)and $6.3 billion in market cap.
Next is Aave ($0.81) $1 billion in market cap and Synthetix Network Token ($6.66) $780 million in market cap.
The top 5 is completed with yearn token ($730 million market cap) at $24.24 and Compound ($623 million) trading at $19.34.
In other news, Apple has terminated the Epic Games' account, as the gaming company has a new feature of direct payments, rather the "Apple's in-app payment system" which allows the owner of the app store to charge 30% on commissions. This has made "Fortnite" and all other titles of the Epic Games portfolio unavailable to the IOS users.
Apple will allow back in the creators of the most popular game if they remove the said feature. Epic Games has refused, as it would be "to collude with Apple to maintain the monopoly over in-app payments on IOS".
The "Black Lives Matters" spreading all over the world, and this time has postponed games of the NBA playoffs, earlier this week, and, also, seven Major Leagues Baseball games have postponed, too, as part of the athlete boycott.
and I will close this episode reporting - from worldometer.info - that we have over 25 million coronavirus cases and 844,330 deaths worldwide.
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