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“# Yearn Finance continues acquisition spree with Cover ” This morning, Yearn founder Andre Cronje announced the latest in a spate of high-profile mergers and collaborations for the multi-faceted decentralized finance (DeFi) protocol: Yearn Finance will be “joining forces” with market coverage provide Cover. In a blog post, Cronje notes that the merger will be…
“# Institutional money may propel Bitcoin to $250K in one year’s time, says macro investor ” Bitcoin may hit $150,000 by November 2021, according to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision — and that would be the most conservative scenario. Pal believes that Bitcoin could even reach $250,000 due…
“# Price analysis 11/27: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, XLM, BNB ” Bitcoin’s (BTC) rise above $20,000 will have to wait as the price saw a strong correction which and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was close to $19,000…
“# Compound liquidator makes $4M as oracles post inflated Dai price ” The crypto market suffered a powerful crash on Thursday morning UTC, which sent prices of major currencies like Bitcoin (BTC) and Ether (ETH) tumbling in excess of 10%. When traders rush for the exits, the price of stablecoins generally increase as the demand…
“# Ethereum 2.0: Less is more… and more is coming ” On June 19, 2020, Ethereum increased its gas limit by 25% from 10 million to 12.5 million. In no less than two days, this newfound capacity was used up, bringing the block use right back to 100%. This cat-and-mouse game between a higher gas…
“# Yearn Finance announces another ‘merger’ with the Cream lending protocol ” Two days after Yearn Finance (YFI) and Pickle Finance joined forces in DeFi’s first effective merger, Yearn founder Andre Cronje published details of another upcoming integration with Cream, a lending protocol similar to Compound and Aave. The blog post, published on Thursday, outlines…
“# Bitcoin fees remain low despite price surge but Vitalik says they could soar ” Despite Bitcoin’s surge to re-test its 2017 highs, a combination of low on-chain transactions and diminished retail speculation has seen transaction fees remain low. The current fees of around $3.50 per transaction starkly contrast with three years ago, when the…
“# Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM ” The crypto market has been in a strong bull run over the past few days and that has pushed Bitcoin (BTC) to its second-best day ever. Almost every trader now seems to be fixated on the magical figure of $20,000 per BTC….
“# Bitcoin price, altcoins and the Dow set record highs as bulls run the market ” On Tuesday the bulls showed that they are in full control of the crypto market as Bitcoin (BTC) rallied to $19,418.97 and several top-10 altcoins went on a double-digit rampage to new 2020 highs. Notable performers of the day…
“# Filecoin storage tops 1 billion GB as tokenized FIL launches for use in DeFi ” Cryptocurrency infrastructure providers Anchorage and Tokensoft are teaming up to wrap FIL, the native token of decentralized file storage network FIlecoin, for use on Ethereum. The firms announced wFIL on Nov. 23, promoting its use in decentralized finance applications…