The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point. Heading into 2021, Ethereum and decentralized exchanges would likely perform even better, quant trader Qiao Wang said. Two Reasons an…
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Bitcoin’s price action has been incredibly lackluster throughout the past few days and weeks Bulls and bears have both reached an impasse, which comes despite there being a flurry of both bullish and bearish news Throughout the past few weeks, bulls have been able to dodge any sustained declines resulting from news surrounding the CFTC’s…
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Bitcoin has recently been picking up steam, stealing some of the capital and thunder from the DeFi trend and Ethereum. XRP, however, continues to lag behind both top crypto assets and linger sideways. According to the Bitcoin trading pair, however, Ripple could soon rip against the leading cryptocurrency by market cap and catch up against…
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According to the researchers at Glassnode, OKEx holds $2.3 billion worth of Bitcoin. The report comes after the exchange temporarily suspended withdrawals on October 16. In a public statement, OKEx said that one of the persons holding a private key to the exchange’s wallet is cooperating with investigators. The statement reads: “One of our private…
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Swiss luxury watchmaker Breitling, known for its aviation chronometers, has enlisted help from Ethereum in fighting the fakers. In conjunction with the Paris-based digital identity firm Arianee, the Breitling Top Time (reference A23310121G1X1), which launched in March 2020, was the first of its kind to comes with a blockchain passport. The original Top Time, from…
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Curve and yearn.finance are among the few decentralized finance projects that have interesting yield farming products to offer. Their volumes have shot upwards due to consistent community involvement. Nevertheless, the price of their governance tokens is reflecting the boom. Anil Lulla, co-founder/COO of Delphi Digital – a New York-based digital asset research firm, attempted to…
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UniSwap’s governance token UNI was among the biggest gainers on Friday as the rest of the cryptocurrency market succumbed to a bearish fundamental. The crypto index lost about $7 billion as trades panic-sold a portion of their holdings under the influence of OKEx. This Malta-based exchange landed itself in the middle of a criminal investigation.…
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Aave’s LEND token, along with its new token AAVE, has dropped heavily in the past 24 hours despite stagnation in the Bitcoin and Etheruem price. The coin currently trades down 15% over the past day, underperforming BTC’s mild -0.5% performance. The cryptocurrency’s drop comes in spite of Aave having fundamentals that are stronger than ever.…
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Changelly, a premier non-custodial instant cryptocurrency exchange, has made its mission to lower the entry barrier and make crypto available to everyone. It is with that goal in mind that Changelly developed their fiat-to-crypto marketplace. While these days the crypto market is filled to the brim with a wide variety of different ways to buy…
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Filecoin (FIL) started a strong rally above the $60.00 and $65.00 resistance levels. The price is currently correcting lower, but there is a strong support near the $60.00 level. Filecoin price climbed sharply from the $52.00 support and surged over 50% against the US dollar. The price tested the $75.00 resistance and recently started a…
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