Ethereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though. This goes to show that solutions are still needed in the long…
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Chainlink (LINK) is ripping higher once again, despite a stagnation in the price of Bitcoin and other top cryptocurrencies. The altcoin is up 20% in the past 24 hours, surging as high as $18.40, a new all-time high price. LINK has since seen a slight retracement to $18 as there are some that are selling…
DetailsJust minutes ago, the team behind Ethereum DeFi’s Curve Finance protocol made a massive announcement: developers are rolling out the native governance token, CRV. In the project’s Telegram channel, the pinned announcement reads: “The Curve team is proud to announce that Curve Finance native token CRV has officially launched. CRV will reward liquidity providers in…
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The DeFi craze is reaching new peaks, with investors now throwing money into just about every Ethereum-based token with unique properties and strong “meme potential.” One such example of this is Yam Finance, which is a protocol launched roughly 48 hours ago that drew in hundreds of millions of dollars before a fatal bug left…
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Bitcoin has been stuck below $12,000 for the past couple of weeks, with the intense selling pressure here slowing the momentum that it built since late-July. Each attempt to break above this price region has resulted in the crypto facing a strong rejection that leads its price down towards its support at $11,200. This level…
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The dollar has been on a steady decline since the pandemic first struck. Weakness in the global reserve currency has allowed gold, Bitcoin, and other assets to shine. However, either a major rebound is beginning, or the dollar is about to experience another massive drop. The asset is clearly at a ‘do or die’ moment,…
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It seems the second leg of the crypto bull market has finally arrived. In the past 30 minutes, Ethereum has shot higher after a week of consolidation. As of the time of this article’s writing, ETH trades for $420 — more than 7% higher than it was just an hour or two ago. The breakout…
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After reaching above 30 cents last week, XRP has taken a step back to make a decision on where it wants to head next. A textbook doji closed on the weekly, reflecting indecision in the altcoin. According to a candlestick pattern potentially forming on the weekly following the doji, a fall below 25 cents will…
DetailsThe United States has just revealed a seizure of over $2 million in Bitcoin said to be meant for financing terrorist organizations over social media. Coinciding with the case, the Justice Department issued a deterrent to those that seek to use cryptocurrencies as part of criminal operations. The Justice Department assistant attorney general has warned…
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Chainlink has been caught in the throes of an insane uptrend over the past couple of years. Due to a slew of announcements, integrations, and other pieces of good news regularly surrounding the project, the cryptocurrency has been able to defy the market-wide downtrend seen throughout 2019. This extreme bullishness has carried over into 2020,…
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