This is why industry insiders are betting on GameFi as future of DeFi

Ethereum Reaches New All-Time High, Bitcoin Breaks Above $38,000

“GameFi was launched as a one-stop hub for blockchain gamers and investors. Many gaming industry insiders equate the game finance ecosystem to DeFi. Kieran Warwick, the co-Founder at gaming platform Illuvium, explained how GameFi will fare against DeFi in a recent podcast. He stated that the addressable market for DeFi is limited by the population.”

Source: AMBCrypto

Despite stagnant prices, Cardano reaches the 1 million wallets staked milestone

“Cardano‘s DeFi ecosystem is slowly starting to take shape, thanks to the network’s Alonzo hard fork earlier this year. The hard fork paved the way for smart contract integration. In fact, its first decentralized exchange, SundaeSwap is all set for its testnet launch later today. These developments have led to

Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD

“If BTC holds the $49,000 level, ETH, MATIC, ALGO and EGLD could move higher during Bitcoin’s expected “consolidation phase.” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour