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“# Bitcoin runs crypto markets, but DeFi tokens don’t follow its lead ” Decentralized exchanges have been around for a while now, but it’s only been since the grip of decentralized finance mania has taken hold that they’ve come into their own. The growth in DEX use has been nothing short of exponential, with volumes…
“# Price analysis 10/9: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, LTC, BSV ” Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend. <p dir=”ltr”>Payments giant, Square, has become the second listed company after MicroStrategy to buy Bitcoin (BTC). Although Square’s purchase of…
“# YFI’s Andre Cronje disappeared after ‘death threats’. Will ‘love’ bring him back? ” Yearn Finance (YFI) developer Andre Cronje has dropped out of public view after reportedly receiving ‘death threats’ from the decentralized finance (DeFi) community and becoming ‘demoralized’. Cronje said he had received a variety of threats after investors raced into his unfinished…
“# Bitcoin price turns bullish on Square’s $50M BTC purchase: Is $11K next? ” The number of Institutional investors stepping in to Bitcoin continues to increase and this appears to be inspiring some newfound confidence in Bitcoin price. Just today Square announced that it had purchased 4,709 Bitcoin (BTC) for $50 million. Square is not…
“# DeFi market cap drops 25% in one day ” The decentralized finance (DeFi) bubble continues to deflate, with crypto market data firm Sentiment reporting a 25% crash in the market capitalization of DeFi assets during yesterday alone. In a blog post published Oct. 8, Santiment estimated that daily DeFi token trade volumes have fallen…