Yearn Finance’s governance token YFI logged further losses in a bearish correction that saw its price crashing by 25 percent this week. The YFI/USD exchange rate plunged more than 5 percent on Friday to an intraday low of $22,030, further foreshadowing its 328 percent price rally between November 5, 2020, and December 3, 2020. So…
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Ripple is struggling to clear the $0.5800 resistance against the US Dollar. XRP price is showing bearish signs and it could accelerate lower below $0.5420. Ripple topped just above the $0.6000 level before starting a fresh decline against the US dollar. The price is now trading well below the $0.5680 support and the 100 hourly…
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Ethereum failed to surpass the main $580 resistance against the US Dollar. ETH price is declining and it is showing bearish signs below the $560 and $550 levels. Ethereum topped near the $577 level and started a fresh decline below $565. The price is showing bearish signs below the $550 zone and the 100 hourly…
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Launched in 2015, BitKong falls under the PlayHub banner and is the oldest of the company’s three gaming sites, with LuckyDice and SimpleDice being its younger siblings. It attempts to dazzle players with a set of delightfully charming characters, some fantastic promotions, and one simple, yet innovative, and highly engaging game. If you have ever…
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What is ACXT Liquidity Farming? ACDX, the world’s first advanced crypto derivatives exchange offering innovative structured products, has announced a groundbreaking incentive program for market makers. The ACXT Liquidity Farming program is designed to benefit market makers by offering them the platform’s native ACXT tokens as rewards for every filled maker order. The launch of…
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One of the biggest stories in crypto and in decentralized finance (DeFi) of the past few weeks is the potential regulation that may affect this space. A number of confirmed stories and rumors indicate that there is going to be an increase in the measures placed on cryptocurrency exchanges and stablecoin providers. Brian Armstrong, CEO…
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Bitcoin price is showing bearish signs below $18,050 against the US Dollar. BTC is now likely to continue lower and it could even trade below $17,500 Bitcoin is showing a few bearish signs below the $18,200 and $18,500 resistance levels. The price is now trading well below the $18,500 level and the 100 hourly simple…
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It is “IPO season” in the stock market, and among the companies going public for the first time, is food-delivery firm DoorDash. In its stock market debut, the individual share price brought the total market cap above the entire Ethereum market cap instantly. One analyst calls DoorDash’s debut the “the most ridiculous IPO of 2020,”…
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Bitcoin is slipping lower despite the rally earlier today. BTC is down another 2% since the trading session began an hour ago, pushing under $18,000 yet again. The price of the leading cryptocurrency currently is $17,925, with Ethereum and altcoins also dropping rapidly. According to ByBt, the funding rates of leading Bitcoin futures markets are…
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Yearn.finance’s YFI token has seen some volatility over the past few days and weeks, mainly derived from that seen across the entire market. It has been closely mirroring the price action seen by the benchmark cryptocurrency and its other counterparts. Where YFI trends in the mid-term should depend largely on whether or not YFI can…
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