XRP has been trading in close tandem with Bitcoin and Ethereum in recent weeks, which has exposed it to significant selling pressure throughout the past few days. Analysts are now widely noting that the cryptocurrency could be well-positioned to see further weakness in the near-term if it stays below a crucial support level that its…
DetailsThe DeFi craze may finally be getting out of control. The crypto community has been in support of the thriving trend, even welcoming to experimentation and accepting of outright worthless tokens. But now that the trend is turning toward scams, it may be time to more closely consider the potential pitfalls of DeFi. A new…
Details
Blockchain-based travel booking firm Travala is adding VeChain’s native token, VET, to its list of payment options. Travala aims to create a smooth travel booking experience that integrates blockchain technology. What’s more, both firms believe the tie-up is a natural step in the path to the mass adoption of cryptocurrencies. With that in mind, Travala…
Details
YFI reached an all-time high this Thursday as the total value locked on its parent protocol, Yearn Finance, grew to over $676 million. Investors continue to pour capital into the yEarn, a smart contract that allocates those funds into the lending projects with the most attractive yields. Meanwhile, YFI acts as a governance token for…
Details
Bitcoin attempted to bounce back this Thursday following a string of sessions in red earlier this week. The benchmark cryptocurrency was up 0.25 percent at $11,788 as of 10:03 GMT. But its modest upside outlook failed to impress at least one trader. The pseudonymous crypto-analyst, having around 60,000 followers on Twitter alone, noted that the…
DetailsYearn.Finance (YFI) is a rising star within the DeFi sector, with the protocol seeing massive inflows of capital while the governance token’s price rockets higher. The growing publicity and hype surrounding this project has caused YFI’s price to surpass that of Bitcoin, seeing an over 3x return from its recent lows that were set just…
DetailsOKEx, the leading cryptocurrency spot and derivatives trading platform has announced the listing of two new tokens – DIA and PNK, belonging to Decentralised Information Asset and Kleros platforms, respectively. These latest listings further strengthen the trading platform’s role in promoting widespread usage of DeFi. Decentralised Information Asset (DIA) is a verified, transparent oracles platform…
DetailsThere’s no denying that DeFi is the hottest trend in crypto, bar-none. This sub-set of decentralized finance-focused altcoins have been on fire as of late, beating out Bitcoin and other top crypto assets by a large margin. It has prompted one pseudonymous crypto trader to trash major altcoins like XRP, Litecoin, Bitcoin Cash, and other…
DetailsEvolve Markets, the leading crypto-based margin trading platform delivering secure, direct, and easy access to global financial markets, has added yet another feather to its cap by introducing Tether (USDT) based accounts and deposits. According to the company, following the requests and feedback received from the community, traders can now make direct deposits in the…
DetailsCryptocurrency exchanges have been accused of jumping the gun by redonominating DOT tokens ahead of schedule, confusing traders in the process. In their eagerness to secure more trading fees and attract more users, several leading exchanges have reduced the size of DOT tokens by 100x, 72 hours before they were due to be redenominated. The…
Details
