This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector. Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t […]
The post Bitcoin’s Raging Week As Ethereum Breaks $400: The Weekly Market Report appeared first on CryptoPotato. …
After garnering a purported $750 million worth of deposits of Ethereum, Yearn.finance, and other cryptocurrencies, DeFi’s latest protocol Yam Finance collapsed on the morning of August 13.
The post Ethereum developers already want to launch YAM 2.0 after 90% price drop appeared first on CryptoSlate. …
Curve Finance saw its CRV token deployed by an anonymous developer and later adopted the token as legitimate. Industry experts voice their concerns.
The post Controversy Spirals Around Curve Finance (CRV) Anonymous Deployment appeared first on CryptoPotato. …
DeFi token YAM has collapsed just hours after it recorded a massive boom because of a bug that locks tokens in treasury permanently. When the DeFi token YAM made the headlines days ago, it rode on the back of the DeFi frenzy as it was able to lock down about $400 million in a day. […] …
Ethereum has finally overcome the $400 price tag, while Chainlink paints another all-time high. Bitcoin spikes to $11,750 but its dominance keeps decreasing.
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The price for Ethereum has surged overnight and crossed above $420 as the total value in DeFi protocols increased to more than $5 billion.
The post Ethereum (ETH) Price Rallies Above $420 as Total Value Locked in DeFi Hits $5 Billion appeared first on CryptoPotato. …
Bitcoin price is repeatedly testing the $12,000 crucial resistance for the past few days. Unfortunately, it is regularly rejected at higher levels, and the recent $700 price drop is making the bulls nervous. Even though the price is well supported underneath at $10,500, the Bitcoin price has to close above $12,000 to infuse confidence into […] …
Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90. This move created a new ATH value for LINK and allowed it to claim the 5th ranked position according to market cap. Against Bitcoin, LINK also created a new ATH value as it reached as high as 153,000 […]
The post YAM Madness Drove LINK to New ATH Above $17, Will It Last? (Chainlink Price Analysis) appeared first on CryptoPotato. …
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter. …
YAM, the latest project that gathered most of the community’s attention in the past 48 hours, saw upwards of 90% of its dollar value disappear.
The post YAM Finance Crashes Over 90%, Founder Admits His Failure appeared first on CryptoPotato. …
The rising DeFi sector has contributed to a 3500 percent jump in the Ethreum transaction fee this year. As investor interest in the Decentralized Finance realm increases, the cost of an Ethereum transaction has also surged. Rising Ethereum transaction fee means that users will have to shell out more to send and receive payments using […] …
Chainlink market cap has surpassed Bitcoin Cash, and the altcoin now stands at fifth place among the major cryptocurrencies. A year-long bull rally has resulted in a massive uptick in the Chainlink price. The rise of DeFi has ensured that projects like Chainlink have won investor’s trust. Bitcoin Cash once commanded a $90 billion market […] …
Uniswap guide to explain what is it and how it works. The Uniswap protocol allows buyers and sellers to swap ERC20 tokens without the use of an exchange or order book.
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The DEX aggregator 1inch has raised $2.8 million in a financing round led by Binance Labs – the venture arm of the leading cryptocurrency exchange Binance.
The post 1inch DeFi Protocol Secures $2.8M Funding Led by Binance Labs appeared first on CryptoPotato. …
Bitcoin (BTC) Price Prediction – August 11, 2020Today, BTC/USD has been on a downward move after partially breaking the $12,000 overhead resistance. In early August, […] …
The price of YFI has increased by more than 40% today alone, following its listing on Binance – the world’s largest cryptocurrency exchange.
The post Chasing Bitcoin: YFI Surpasses $6000 Following Binance Listing appeared first on CryptoPotato. …
After consolidating for a number of days as Bitcoin pushed past $10,000 and $11,000 last week, the altcoin boom is back in full swing.
The post Ethereum and other top altcoins could soon surge yet again: here’s why appeared first on CryptoSlate. …
Chainlink (LINK) has been on an unstoppable rally over the past few days.
The post A $20m decentralized Chainlink (LINK) short was just liquidated on Aave appeared first on CryptoSlate. …
Band Protocol (BAND) – a decentralized oracle network – has recently become one of the hottest DeFi coins, with news of multiple integrations and a Coinbase Pro listing sending its price to fresh all-time highs earlier this week.
The post This key comparison shows Band Protocol (BAND) has massive room for growth appeared first on CryptoSlate. …
After a 60 percent rally in the span of two weeks, the price of Ethereum is cooling off.
The post Despite price stagnation under $400, Ethereum fundamentals are still strong appeared first on CryptoSlate. …
The Ethereum price is on a roll. Flirting with $400, supporters are optimistic about further upsides. And their expectations come at an interesting time. Goldman Sachs on Cryptocurrencies After resisting cryptocurrencies for years, Goldman Sachs is changing tune. Going by recent appointments, the multi-trillion U.S. institutions seem to be embracing crypto and blockchain citing their […] …
By most measures, Ethereum’s decentralized finance (DeFi) space is going parabolic.
The post Fund managers: these 3 catalysts could drive greater adoption of Ethereum DeFi appeared first on CryptoSlate. …
In a recent report, Ampleforth has disclosed that it plans to continue incentivizing liquidity pooling for the next ten years.
The post Ampleforth Confirms 10 Years of Liquidity Mining Incentives appeared first on CryptoPotato. …
The Coke One North America (CONA) aims to utilize Ethereum’s Baseline Protocol in a new project to manage supply chains across different bottling suppliers. Coca Cola to Create Botting Harbor with Ethereum-based Network According to a report from Monday (August 3, 2020), CONA established a project called “Coca-Cola Bottling Harbor,” which will leverage the Baseline […]
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Ether price set to rise again from the recent lows after touching $415 highs Glassnode says 90 percent of ETH holders are now in profit Ethereum 2.0 Medalla Testnet and DeFi to fuel further growth Cryptocurrency Daily Heatmap – by Coin360 Ether price is set to soar as Medalla testnet goes live The launch of […] …
Arthur Hayes, CEO and co-founder of crypto derivative exchange BitMEX, predicted that the next target for Ethereum is $500 – a level not seen since the summer of 2018.
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The developer behind Asuka, a short-lived fork of DeFi project Yearn Finance (YFI), conducted an exit scam this morning, with sources noting the loot was between the range of $30,000-$60,000.
The post The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam appeared first on CryptoSlate. …
The Ethereum price performance continues to lead the current crypto wave. After days of upward trajectories, ETH prices have pushed their gains versus the USD to 66 percent year-to-date. At the same time, the ETH trading community can rightly brag. The Ethereum price–in the last year of trading, is up 60 percent against the most […] …
While the Ethereum price stagnates, the value of its tokens continues to rise. A recent finding showed that the total value of the top five valuable tokens is higher than ETH’s. This is a “weird” situation where the value of its ecosystem is higher than the protocol. The “fat protocol thesis” It is everything against […] …
The crypto market is not one for the faint-hearted.
The post Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated appeared first on CryptoSlate. …
A day in DeFi land is a week in crypto; and even that’s saying something.
The post Uniswap does a third of Coinbase volumes while “Tendies” tokens surge appeared first on CryptoSlate. …
Coinbase has become the latest company to join in on the DeFi craze by announcing potential listing 19 new digital assets on its platform.
The post Coinbase pushes DeFi narrative by considering listing Balancer, Curve, and AMPL appeared first on CryptoSlate. …
This week was nothing short of exciting in the cryptocurrency markets. Bitcoin definitely woke up from its slumber and made a few aggressive moves upwards. Altcoins felt the pain as most of them decreased in value as the king of crypto took its toll. In seven short days, Bitcoin went from around $9,600 to $11,400, […]
The post Bitcoin Joins the Alt-Season Breaking $10k: The Crypto Weekly Market Update appeared first on CryptoPotato. …
Litecoin — long heralded as the “digital silver” to Bitcoin — led gains in border crypto market this week as the DeFi boom, poor economic outlook in traditional markets, and the rise of gold sparked somewhat of a crypto run.
The post Litecoin (LTC) leads large-cap gains as Bitcoin breaks $11,000 appeared first on CryptoSlate. …
[Featured Content] The DeFi space continues to boom. In fact, the total value locked in decentralized lending protocols is currently over $3.5 billion, according to data from DeFiPulse. This has created a tremendous demand for various solutions, including cross-chain swap protocols. Introducing Anyswap To fulfill this demand, Anyswap, a fully decentralized cross-chain swap protocol, was […]
The post Anyswap: Cross-Chain Swap Protocol Using Fusion’s DCRM Solution appeared first on CryptoPotato. …
After a parabolic rally, the Ethereum decentralized finance (DeFi) market experienced a blow-off top over the past week.
The post A new Ethereum DeFi token is literally up 100,000% in a week: VC appeared first on CryptoSlate. …
Yearn Finance’s token, YFI, that was intended by its own creator to have no financial value, is currently trading above $3,000 and brought a weekly return to its investors of more than 35,000%.
The post 35,000% in 7 Days: The Unbelievable Story of Yearn Finance (YFI) appeared first on CryptoPotato. …
Ethereum’s price has been caught within the throes of an intense uptrend throughout the past few days, surging from its recent low of $230 to a high of $285 that was set earlier today.
The post Ethereum long positions on Bitfinex soar to $510M as uptrend builds momentum appeared first on CryptoSlate. …
Tether (USDT) has seen extreme growth since the start of the year.
The post Analyst: Tether (USDT) may actually store more value than Bitcoin appeared first on CryptoSlate. …
From a pure price perspective, the best-performing crypto assets of the past two months have been Synthetix Network Token (SNX), Chainlink (LINK), Cardano (ADA), and a swath of other tokens.
The post The market cap of Ethereum’s latest craze, Ampleforth, surged 5,000% in a month appeared first on CryptoSlate. …