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“# 3 reasons why Ethereum price is still on track to top $2,000 ” After dropping 27% over three days, Ether (ETH) price finally reached a bottom at $1,040 on Jan. 22. The sharp correction liquidated $600 billion worth of future contracts but interestingly, Ether price rebounded to a new all-time high even as Bitcoin…
“# $45B DeFi market cap and soaring TVL suggest the best is yet to come ” The decentralized finance sector continues to charge full steam ahead as multiple tokens notch new all-time highs and the total value locked in DeFi protocols grows with the passing of each week. Data from Messario shows projects like AAVE,…
“# The perfect match? Both Bitcoin and DeFi push and pull crypto markets ” The past year has been a crazy journey for the blockchain industry. Between the crippling effects of the COVID-19 pandemic across various sectors and Bitcoin’s marathon bull run, the year has been great for some and catastrophic for many. Decentralized finance…
“# Aave hits record $288 high as demand for flash loans and staking increases ” Aave (AAVE) price has been on an absolute tear for weeks and today the DeFi-token rallied to a new all-time high at $288.90. The decentralized finance protocol is one of the most popular in the market and the recent rally…
“# Ethereum will become the main asset for investors in 2021 ” During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will…
“# DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally ” Interoperability between blockchains is rapidly becoming one of the buzz phrases being thrown around when discussing decentralized finance and the coins most likely to rally during an altcoin bull run. The rapid growth of DeFi, its ever expanding total value locked and…
“# Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live ” After weeks of anticipation and a closely-watched series of preparatory steps, BadgerDAO’s synthetic rebasing Bitcoin, DIGG, is now live and claimable for qualified addresses on Ethereum mainnet. The release will be eagerly welcomed by a perhaps-overzealous community, one which has been lighting up Twitter…
“# DSD bear sells 5.5M tokens to ‘whale coalition’ with $83M in coupons set to expire ” A coalition of DSD whales has bought out the biggest bear entity on the project allegedly responsible for consistently keeping the token price below the $1 peg. Posting on the DSD discord group, the bear in question “Escobar.eth”…
“# Clever Aave to Matic bridge keeps track of yields ” The first Aave-friendly Ethereum to Matic bridge has opened for business, allowing users to port Aave’s interest-bearing aTokens back and forth between the DeFi protocol and the faster, cheaper layer-two network. The bridge was developed and launched by Nick Mudge, Lead Solidity Developer of…
“# Ignoring Bitcoin, Hedera Hashgraph, Reef and Perpetual Protocol rally higher ” Bitcoin (BTC) price tumbled more than 10% today to hit a low near $31,000 and at the time of writing it looks like the sell-off has a bit further to go. In a weekly report from crypto fund provider, CoinShares, some institutional investors…