# Ethereum price soars above K into ‘red zone’ triggering sell-off fears

# Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears

“# Ethereum price soars above $3K into ‘red zone’ triggering sell-off fears ” Ethereum’s native asset Ether (ETH) crossed above $3,000 in an extended upside rally on Aug. 7, hitting a three-month high. Nevertheless, the cryptocurrency’s incredible move upside also boosted its possibilities of facing a bearish backlash. An on-chain indicator that tracks the total…

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# Aave price hits two-month high on Wall Street’s DeFi adoption hopes

# Aave price hits two-month high on Wall Street’s DeFi adoption hopes

“# Aave price hits two-month high on Wall Street’s DeFi adoption hopes ” Demand for Aave (AAVE) boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally-focused investment vehicle. The San Francisco-based asset management firm announced Wednesday that it would invest directly in AAVE to back its “Bitwise…

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# Here’s why DinoSwap’s (DINO) TVL rose above 0M a week after launch

# Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch

“# Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch ” Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching.  One new project that has…

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