Ethereum’s DeFi darling, Yearn.finance (YFI), has surged 15% in the past 24 hours as buyers finally step in. This comes after the coin corrected 50% in the span of a week due to weakness in Bitcoin and Ethereum. The coin just reached a new all-time high just shy of $44,000 and now trades at $43,600.…
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Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook, as its bulls are still reeling from the damage done to its market structure following the $20.00 rejection. Analysts are…
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Like other crypto assets, LEND underwent a strong correction last week. The cryptocurrency came under pressure due to Bitcoin and Ethereum diving lower as the legacy market slipped. LEND also suffered from a short-term collapse in DeFi, caused by the exit of Chef Nomi from SushiSwap. Analysts remain optimistic on the cryptocurrency, which is the…
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Ethereum is at a pivotal, make or break it moment. While Bitcoin has set a higher low, Ethereum’s higher high implies things are a lot more bullish for the altcoin. But could a fractal matching the trajectory of the 2019 crypto rally and top hint that the top for the year is in for altcoins?…
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Bitcoin price has spent the last two years hovering around $10,000 – a key resistance level that in the past has incited serious FOMO. But according to an early Bitcoin investor who has seen a thing or two, the cryptocurrency won’t hover around that price forever and sees parallels between the current price action compared…
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One widespread narrative that cryptocurrency investors have been closely watching as of late is regarding Bitcoin’s propensity to fill gaps that are formed on its CME futures chart. Although this trend has proven to hold true in some cases with both Bitcoin and other assets, it is important to note that the narrative is laced…
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It’s been quite the past few days for Ethereum, decentralized finance, and the entire crypto industry due to SushiSwap. SushiSwap marked a revolution in how protocols complete; the project, forked from Uniswap, has also marked a revolution in how and if anonymous developers can operate multi-million-dollar protocols. Unsurprisingly, with the unique journey that SushiSwap has…
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Ethereum’s decentralized finance space has been catching a lot of attention over the past few weeks. This is for good reason: since the start of the year, the value of tokens locked in DeFi has surged in excess of 1,000%. Certain projects, too, have come under the scope of top investors. One macro analyst, Remi…
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Platform Name: CoinsbeeURL: https://www.coinsbee.com/Company: TSMH GmbHLocation: Stuttgart, GermanyFounded: 2019Supported Languages: English, German, Russian, Spanish, French, and ChineseSupported Cryptocurrencies: over 50 leading cryptos including BTC, ETH, LTC, XRP, TRX, BCH, NANO, DAI, XLM and GNT Social Media Facebook: https://www.facebook.com/Coinsbeecom-2042415356068276/ Twitter: https://twitter.com/coinsbee Reddit: https://www.reddit.com/user/coinsbee_com/ What is Coinsbee? Coinsbee is an online service that allows users to…
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Macro uncertainty within the global markets has had a trickle-down effect, causing Bitcoin to see consolidation and weakness, which has, in turn, led Chainlink and other altcoins to see similar price action. While looking towards LINK’s recent price action, the cryptocurrency has been caught within a trading range between $11.20 and $13.20, with these two…
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