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“# Altcoin roundup: There’s more to DeFi than just providing liquidity ” The growth of the decentralized finance (DeFi) sector has been a recurrent headline throughout 2021 and to date, hundreds of billions of dollars in crypto assets are locked on protocols across numerous blockchain networks and earning a yield for their holders. What started…
“# SushiSwap leads DEX token gains as SUSHI price rises by 23% in 24 hours ” SushiSwap (SUSHI) prices crept higher on Sept. 16 following another day of gains for decentralized exchange (DEX) tokens. The SUSHI/USD exchange rate rose by 7.54%, or $1.14, to reach $16.31 for the first time since May 21. The pair’s…
“# NFT sales and floor prices plummet as demand wanes and gas prices soar ” The nonfungible token (NFT) sector has seen an explosion of interest all throughout 2021 and the month of August witnessed record-breaking trading volumes as one-of-a-kind digital collectibles sold for prices in excess of $1 million dollars on a regular basis. As…
“# Lattice Exchange provides venue for finding undiscovered cryptocurrencies ” Lattice Exchange, an automated market maker for the DeFi market, has launched a new product that seeks to allow cryptocurrency entrepreneurs to list their tokens and for users to participate in early-stage projects more seamlessly. Dubbed Lattice Launchpad, the new platform is described as a…
“# 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…
“# SNX hits multi-week highs as total value locked on Synthetix approaches $1 billion ” SNX spiked to its three-week high on Monday in reaction to a market-wide upside correction led by Bitcoin (BTC) and other top-cap digital assets. The Synthetix project’s native token reached $9.59 after rising four days in a row by up…
“# 3 reasons why analysts are turning bullish on Curve Finance (CRV) ” Choppy markets after a major pullback offer ample time to take a survey of the cryptocurrency landscape and find solid projects with improving fundamentals that have caught the attention of analysts and tokenholders. One project that has piqued the interest of many,…
“# The NFT bubble may have popped, but the sector is still primed for expansion ” Nonfungible tokens (NFTs) took the world by storm in March and April of this year with an onslaught of daily headlines about record-breaking sales and big-name companies dropping their own one-of-a-kind digital art pieces dominating the mainstream media. Fast…
“# DeFi growth helps push crypto’s share of the global money supply above 2% ” This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on…
“# WAVES price swells to new all-time highs, nearing $4B market cap ” Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape. One cryptocurrency project from 2016 that has seen…