Yearn.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…
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There have been dozens of obituaries for Bitcoin over the asset’s short history. Despite constantly being proclaimed dead or projected to fall to zero, in theory, it cannot be stopped or killed. However, the one thing that could actually destroy Bitcoin, is actually happening today. Although today’s event may not be powerful enough to put…
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Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time frame. For context, Bitcoin and…
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Chainlink (LINK) started a sharp downside correction from the $19.93 high against the US Dollar. It is now trading above the $15.00 support and eyeing a fresh surge above $17.00. Chainlink token price is trading above the key $15.00 support zone against the US dollar. The bulls are facing a couple of important hurdles near…
DetailsMost readers are likely aware of Yam Finance, an Ethereum-based decentralized finance project that took the industry by storm last week. Announced just earlier this month by five developers in the space, the project, whose native token is YAM, exploded out of the gate. Within the span of a few hours, YAM grew to a…
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Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. The price is currently consolidating losses above the $11,650 and $11,550 support levels.…
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