Monday, November 30, 2020

Cardano update: IOHK fired up for DeFi, mobile clients for Daedalus, and CBDCs

With multiple teams both inside and outside of IOHK currently working on Daedalus and Goguen, the first week of October has been largely uneventful...

Yearn.finance faces capitulatory decline as investors remove the “Cronje premium”

The price of Yearn.finance’s governance token – YFI – has been plummeting as of late, with the sell-side pressure overwhelming the cryptocurrency’s bulls as...

Bitcoin plunges below $10,500 as U.S. government peruses BitMEX owners

Bitcoin’s price has been rocked by news of the Commodities and Futures Trading Commission bringing charges against popular margin trading platform BitMEX. One of...

YFI, Aave, Maker surge up to 30% overnight, what’s fueling the DeFi recovery?

Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The decentralized finance (DeFi) market strongly rebounded in a short period, lifting...

Why analysts are concerned with Yearn.finance (YFI) following EMN debacle

YFI – the governance token of the Yearn.finance ecosystem – has been plunging lower throughout the past 24 hours, with it reverting nearly all...

Ethereum was $11 during the last Presidential election—now it’s $355

Four years ago, during the last presidential election, the price of Ethereum was hovering at $11. Today, fast forward four years, ETH is valued...

Synthetix Network Token (SNX) rebounds as on-chain strength flourishes

Synthetix Network Token’s price has seen some volatility over the past couple of days, with inflows of selling pressure coming about due to the...

Analytics firm: Bitcoin investor sentiment reaches 2-year low as momentum stalls

Bitcoin’s price action has been fairly boring in recent weeks, with it establishing a wide trading range between $10,200 and $11,200. Both of these...

Responding to 1,000%+ spike in Ethereum fees, Synthetix is testing layer-2 tech

It’s been quite the year for DeFi. But due to natural constraints on the Ethereum blockchain, this period of growth has meant that transaction...

DeFi is spreading beyond Ethereum: Single Neo app gains $300m after launch

Thus far, decentralized finance (DeFi) has been a trend relegated to Ethereum—and Ethereum only. Per DeFi Pulse, the top twenty DeFi applications by total...
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