17 Sunday January 2021
  • About
  • Advertise
  • Submit Press Release
  • Contact Us
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Newsletter
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
17 Sunday January 2021
Newsletter
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • PriceIndexes
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • NewsletterDaily or Weekly
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • WidgetsFree
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com
No Result
View All Result
Bitcoin 24h
$36,256.91
-0.67%
Bitcoin 24h

$36,256.91
-242.07
-0.67%
Ethereum 24h
$1,240.80
+5.95%
Ethereum 24h

$1,240.80
+73.79
+5.95%
XRP 24h
$0.28
+0.95%
XRP 24h

$0.28
+0.00
+0.95%
Bitcoin Cash 24h
$488.64
+1.42%
Bitcoin Cash 24h

$488.64
+6.93
+1.42%
Chainlink 24h
$20.89
-2.56%
Chainlink 24h

$20.89
-0.54
-2.56%
Stellar 24h
$0.31
+10.40%
Stellar 24h

$0.31
+0.03
+10.40%
Cardano 24h
$0.38
+23.68%
Cardano 24h

$0.38
+0.09
+23.68%
Bitcoin SV 24h
$203.28
-0.86%
Bitcoin SV 24h

$203.28
-1.74
-0.86%
Litecoin 24h
$144.29
+1.66%
Litecoin 24h

$144.29
+2.39
+1.66%
Tezos 24h
$2.95
+7.39%
Tezos 24h

$2.95
+0.22
+7.39%
EOS 24h
$2.79
+2.27%
EOS 24h

$2.79
+0.06
+2.27%
Monero 24h
$156.38
+0.15%
Monero 24h

$156.38
+0.23
+0.15%
Neo 24h
$23.60
+2.18%
Neo 24h

$23.60
+0.51
+2.18%
TRON 24h
$0.03
+2.30%
TRON 24h

$0.03
+0.00
+2.30%
IOTA 24h
$0.42
-2.96%
IOTA 24h

$0.42
-0.01
-2.96%
Dash 24h
$125.33
+2.14%
Dash 24h

$125.33
+2.68
+2.14%
Ethereum Classic 24h
$7.71
+3.01%
Ethereum Classic 24h

$7.71
+0.23
+3.01%
Zcash 24h
$106.84
+2.89%
Zcash 24h

$106.84
+3.09
+2.89%
NEM 24h
$0.23
+7.27%
NEM 24h

$0.23
+0.02
+7.27%
Dogecoin 24h
$0.01
+1.10%
Dogecoin 24h

$0.01
+0.00
+1.10%
Binance USD 24h
$1.00
+0.02%
Binance USD 24h

$1.00
+0.00
+0.02%
Crypto.com Coin 24h
$0.08
+10.11%
Crypto.com Coin 24h

$0.08
+0.01
+10.11%
Cosmos 24h
$8.74
+13.24%
Cosmos 24h

$8.74
+1.16
+13.24%
Huobi Token 24h
$5.30
+5.31%
Huobi Token 24h

$5.30
+0.28
+5.31%
Maker 24h
$1,488.63
+1.26%
Maker 24h

$1,488.63
+18.69
+1.26%
Ontology 24h
$0.65
+2.72%
Ontology 24h

$0.65
+0.02
+2.72%
Tether 24h
$1.00
+0.08%
Tether 24h

$1.00
+0.00
+0.08%
UNUS SED LEO 24h
$1.34
+0.37%
UNUS SED LEO 24h

$1.34
+0.00
+0.37%
USD Coin 24h
$1.00
+0.02%
USD Coin 24h

$1.00
+0.00
+0.02%
VeChain 24h
$0.03
+9.81%
VeChain 24h

$0.03
+0.00
+9.81%
ADVERTISEMENT

Crypto Lending Is The Most Profitable Industry In The Sector

Stefan by Stefan
28/01/2020
in Blockchain News
2 min read
0
crypto lending
152
SHARES
1.9k
VIEWS
Share on FacebookTwitterWhatsappGmail
ADVERTISEMENT
ADVERTISEMENT

Crypto lending has become one of the most explosive sectors in the crypto industry, ever since the market downturn in 2017 there was a huge growth among the lending platforms which lend fiat to borrowers that use crypto assets so let’s see more about it in the following crypto news below.

Crypto lending has been a sub-sector on the market which has been quietly growing over the past few years. The crypto asset lending industry started with a centralized lending service such as the one of Celsius Network and Block Fi which did gather slight attention from their initial success. Up to this date, Celsius Network has reported over $4 billion USD in loans. However, the hype surrounding decentralized Finance and the increase in a few major platforms under the umbrella of DeFi on the ETH blockchain, has thrown some more light on one of the crypto industry’s hidden gems.

The major success of DeFi can be attributed to a number of different reasons but the record low-interest rates for the savers in traditional banks and institutions was one major factor. While the Defi lending sector is growing, there are a few DeFi platforms that have over $10 million USD in Ether that is already invested. Nexo, Ripio Credit Network and Maker have an average rate of 15% in the past 90 days and have been averaging to a return of 75% over the past year. Bitcoin had a higher yearly return but there were 349 different tokens which were later studied with the same list of criteria.

While the huge success of Celsius Network and Block-fi, there are some other options as well. With DeFi you can even put your own Ether as collateral and lend money to yourself through a smart contract on the Maker platform. These loans are over-collateralized and you would have to put up a $150 dollars worth of Ether to get a $100 dollar loan in DAI. however, for people that are unbanked, this kind of a trade-off could be worth it.

ADVERTISEMENT

These kinds of DeFi lending options are now getting extremely popular and platforms such as Maker and Compound, lead the rankings on websites such as Defi Pulse that provide data on other projects. DeFi is not perfect but it aims to make it easier to use offerings of non-overcollateralized loans and to improve debt-collection techniques.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: crypto businesscrypto industrycrypto lendingcrypto lending sectorcrypto sectorcryptocurrency lendingdefi platformDefi projectsdefi successmarket analysismost profitableprofitablesector
Share61Tweet38SendShare15
ADVERTISEMENT
Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

Related Posts

polkadot is the first
Altcoin News

Polkadot Is The First Blockchain Platform To Rebrand Via Bounty Program

10/01/2021
hdb vietnam bank, blockchain, technology, lc, credit, letter
Blockchain News

HDBank Of Vietnam Considers Issuing Letters Of Credit On The Blockchain

09/01/2021
BTC
Blockchain News

Launch of a Unique Cryptocurrency Index Fund

04/01/2021
Blackrock is hiring, company, blockchain, expert
Blockchain News

BlackRock Is Hiring A Blockchain Expert For Its Vice President Role

29/12/2020
Riot Blockchain Mining, market cap, company, mining
Blockchain News

Riot Blockchain Mining Company Passes $1 Billion In Market Cap

29/12/2020
vietnamese kardiachain, blockchain, mainnet,testnet
Blockchain News

Vietnamese KardiaChain Blockchain Startup Launches Its Mainnet

28/12/2020

Discussion about this post

ADVERTISEMENT

  • Trending
  • Comments
  • Latest

VeChain Price Could Hit $9 In The Near Future: Analysis

09/02/2020
will tron reach

Will Tron Reach $1 In The Long Run: TRX Coin Price Prediction

29/04/2020
digital euro project

Digital Euro Project Favors IOTA Network More Than ETH Or XRP

21/06/2020

Will Cardano Reach $1,000 By 2025: Expert Review

11/05/2018

What Is Altcoin?

0
what is ethereum|What Is Etherum?

What Is Etherum?

0
What Is Cryptocurrency?

What Is Cryptocurrency?

0
thanksgiving weekend, bitcoin, btc, price

What Is Bitcoin?

0
Millionaires Are Sticking, btc, bitcoin, willy, woo

Millionaires Are Sticking To Bitcoin And There’s Not Enough For Everyone

16/01/2021
uganda's government, internet, elections, trading,

Uganda’s Government Shut Down The Internet, BTC Trading Is Stopped

16/01/2021
number of BTC whales reaches, bitcoin, addresses, eth,

Number Of BTC Whales Reaches ATH As Market Recovers

16/01/2021
novogratz's galaxy digital, mining, bitcoin, miners, btc

Novogratz’s Galaxy Digital Considers Getting Into BTC Mining

16/01/2021
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Facebook Twitter Google+ Instagram Youtube
Cryptocurrency News | Bitcoin News | Cryptonews | DC Forecasts.com

DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.

News By Topic

Quick Search

No Result
View All Result

DC Forecasts Services

  • About
  • Advertise
  • Submit Press Release
  • Press & Media
  • Events
  • Careers
  • Partners
  • Free Widgets
  • Contact Us

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices

No Result
View All Result
  • News
    • Bitcoin News
      • Bitcoin News
      • Bitcoin Cash News
      • Bitcoin SV News
      • Bitcoin Scams
    • Altcoin News
      • Ethereum News
      • Litecoin News
      • Ripple News
      • Libra News
      • Binance News
      • Cardano News
      • Huobi News
      • Binance Coin News
      • Coinbase News
      • ChainLink News
      • IOTA News
      • Monero News
      • Ethereum Classic News
      • Dash News
      • Stellar News
      • Tether News
      • Tezos News
      • Tron News
      • Vechain News
      • Dogecoin News
      • Cosmos News
      • EOS News
      • NEM News
      • NEO News
      • Nexo News
      • Zcash News
      • UNUS News
      • USD Coin News
      • MECX Token News
      • Coronavirus News
    • Exchange News
    • Analysis
    • Blockchain News
    • Regulation
    • Press Releases
    • DC Forecasts
      • DC Forecasts Announcements
      • About
      • Daily News Video
      • EDUCATION & RESOURCES
      • Blockchain Archive
  • Education
    • Coronavirus Statistics
    • Cryptocurrency Education
      • 0x
      • Augur
      • Aurora
      • Basic Attention Token
      • Binance Coin
      • Bitcoin BTC
      • Bitcoin Cash
      • BITCOIN DIAMOND
      • Bitcoin Gold
      • Bitcoin SV
      • BitTorrent
      • Cardano
      • Chainlink
      • Cosmos
      • Crypto.com Chain
      • DASH
      • Decred
      • Dogecoin
      • Egretia
      • Energi
      • EOS
      • Ethereum
      • Ethereum Classic
      • Holo
      • Huobi Token
      • Litecoin
      • IOTA
      • Ripple
      • Stellar
      • Tether
      • Zcash
  • Markets
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Libra Price
      • Binance Price
      • Bitcoin Cash Price
      • Bitcoin SV Price
      • Cardano Price
      • IOTA Price
      • Crypto.com Chain Price
      • Dash Price
      • Dogecoin Price
      • EOS Price
      • Ethereum Classic Price
      • NEO Price
      • Vechain Price
      • Litecoin Price
      • Huobi Price
      • Maker Price
      • Chainlink Price
      • Monero Price
      • Cosmos Price
      • NEM Price
      • Ontology Price
      • Ripple Price
      • Stellar Price
      • Tether Price
      • Tezos Price
      • Tron Price
      • UNUS SED LEO Price
      • USD Coin Price
      • Zcash Price
    • Cryptocurrency Calculator
      • Bitcoin Calculator
      • Ethereum Calculator
      • Litecoin Calculator
      • Ripple Calculator
      • Dash Calculator
      • Dogecoin Calculator
      • Stellar Calculator
      • Monero Calculator
      • Binance Calculator
      • Cardano Calculator
      • Huobi Calculator
      • Binance Coin Calculator
      • Chainlink Calculator
      • IOTA Calculator
      • Ethereum Classic Calculator
      • Tether Calculator
      • Tezos Calculator
      • Tron Calculator
      • Vechain Calculator
      • Cosmos Calculator
      • EOS Calculator
      • NEM Calculator
      • NEO Calculator
      • Nexo Calculator
      • Zcash Calculator
      • USD Coin Calculator
      • UNUS SED LEO Calculator
    • Reviews
    • Cryptocurrency Exchanges
      • United Kingdom
      • USA
      • Canada
      • South Korea
      • Israel
      • Singapore
      • Australia
      • Mexico
      • South Africa
      • Japan
      • India
  • Directory
    • Bitcoin Businesses
    • Bitcoin Broker
    • Bitcoin Casinos
  • Events
    • Blockchain Events News
  • More
    • Newsletter
      • Press Release
      • Blockchain
      • Cryptocurrency Exchange
      • Bitcoin
      • Bitcoin Scams
      • Bitcoin SV
      • Ethereum
      • Ethereum Classic
      • Litecoin
      • Libra
      • Ripple
      • Coinbase
      • Huobi
      • IOTA
      • Monero
      • MECX Token
      • Cardano
      • NEO
      • NEM
      • ChainLink
      • Tether
      • Stellar
      • Cosmos
      • Tron
      • Dogecoin
      • UNUS
      • Tezos
      • EOS
      • Dash
      • USD Coin
      • Nexo
      • Vechain
      • DC Forecasts
    • Mining Calculator
      • Bitcoin Mining Calculator
    • Widgets
      • RSS
      • Generator
    • Press Release
      • Bitcoin Press Release

© 2020 DC Forecasts - All Rights Reserved | Terms & Conditions | Privacy Policy | Cookies | Comments Policy | Sitemap | Newsletters | AdChoices