Tag: DeFi

Yearn.finance Price Prediction: YFI Yearns For A Bottom, Breakdown Under $10,000 Seems Imminent?

blockchain

Yearn finance attempts to build a breakout above the $13,000 support but hits a barrier at the 50 SMA. YFI/USD could resume the breakdown aiming for levels beneath $10,000 especially if the triangle support is shattered. Yearn.finance has lost a great deal of its value since it last hit the all-time high at $44,000. Despite
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Binance Announces Launch of 4 Polkadot high-yield products and Another Activity

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Leading cryptocurrency exchange Binance announced the launch of four DOT high-yield products, and “Top Up to Share 50,000 DOT” activity on the 21st of October. The period of the aforementioned activity is from the date of roll-out to the 24th of October. During this, users who have a total deposit of at least 100 DOT
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Binance Smart Chain Unique Addresses Nears 250K in Less Than 2 Months

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The Malta-based crypto-exchange Binance is now at the forefront of the DeFi wave despite being a hardcore centralized entity. One of the main initiatives that have helped bolster this is Binance Smart Chain [BSC]. In the latest milestone, the decentralized public blockchain appeared to be nearing $250K in terms of the total number of distinct
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EOS price prediction: EOS extending gains above $2.6

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EOS price sparked a move beyond $2.50 support  The EOS/USD pair is trading above $2.60 Bullish momentum could extend towards $3 in the short run EOS price general overview EOS price saw significant gains yesterday following the direction of the world’s top cryptocurrency, bitcoin. Currently, EOS is indicating positive signs above the $2.6 price level. […] …

UniSwap Price Prediction: UNI Eyes $3.6 If This Resistance Is Broken

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UniSwap looks forward to a rally to $3.6 if the descending parallel channel resistance is shattered. UNI/USD is building the bullish outlook as reflected by the RSI’s gradual movement towards the midline. UniSwap has in the recent past dominated the decentralized finance sector. However, the token is not performing well in terms of price action,
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Here’s how Uniswap’s token launch has driven SushiSwap to irrelevancy

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During the course of the recent decentralized finance bull run, SushiSwap was one of the favored platforms amongst investors and farmers, as users could buy Sushi tokens and farm massive yields while also trading on a Uniswap-forked DEX.
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Dharma Domination Drive Thwarted as Uniswap Vote Concludes

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DeFi protocol Uniswap has concluded its first governance vote with a failure to come to quorum by a minuscule margin. The good news is that it keeps the platform relatively decentralized … for now. The first governance vote for automated market maker Uniswap concluded on October 20 with 98% of the votes in favour of
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Bitcoin price prediction – Another rejection from $11,800 strengthens bullish resolve

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Bitcoin price prediction once again revolves around breaking the $11,800 resistance Multiple higher lows emerge on hourly charts to strengthen bullish up-move Bitcoin price recovered quickly on daily charts to remain above the $11,600 resistance Ascending price triangle now once again approaches bearish selling pressure Bitcoin price prediction – Current price overview Bitcoin price has […] …

What to share with a Marketing Agency for your Token Sale (ICO/IEO), DeFi, or Blockchain Project’s success

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Every project is different, and every marketing agency or marketing manager or CMO is different. The difference comes from how they handle the information, or when they handle it, but the discovery phase remains pretty much the same.  This article outlines the list of things you should have ready before trying to work with anyone […] …

Yearn.Finance’s YFI Gets Much-Needed Boost As CREAM Finance Binance Smart Chain Lists Token

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C.R.E.A.M Finance Binance Smart Chain platform announced listing  Yearn.Finance’s native token YFI on its platform on the 18th of October. With this, YFI becomes the 18th token to be listed on the platform. According to the official release, users will have to use a web3 wallet that supports BSC, such as Binance Chain Wallet or
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Is Fresh Trouble Brewing For Filecoin [FIL] Miners?

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Trouble for Filecoin shows no signs of fading away. While decentralized space [DeFi] is highly controversial, thanks to the massive boom, Filecoin has managed to capture the headlines in recent days, and not all of them are good. Miner Concerns According to a few experts, at the current valuation, it appears impossible for Filecoin miners
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Synthetix Network Token DeFi Dominance Tanks Amid Looming Breakdown

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Synthetix declines on hiatus amid low volatility and volume. Recovery is likely to hit a snag at the 21-day SMA, which could send SNX back to the drawing board. The decentralized finance (DeFi) craze appears to have hit pause. It seems this the time tokens in the sector have to prove their worth to investors.
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Uniswap price prediction: UNI on the brink of slumping further after shedding over 15%

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Uniswap price on the verge of further downside UNI/USD pair breaches support near $3 Number of fresh UNI addresses on the decline Trading volume rising as price falls Uniswap price overview Uniswap price is risking further dip after breaching $3.0 support. Uniswap governance token, UNI, is among the biggest hits in the cryptocurrency industry after […] …

UniSwap Technical Analysis: UNI Hunts For A Bottom As $2.5 Beckons

blockchain

UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the decentralized finance (DeFi) platform UniSwap, has lost over 13% of its value in the last 24 hours. The downswing came into the picture following a barrier encountered at
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eToro: Crypto is still “retail dominated,” Zcash has the highest “sentiment” score, and how FTX gained from Blockfolio acquisition

blockchain

A new report jointly-published by eToro and The TIE explored the cryptocurrency landscape for Q3 2020, finding out long-term sentiment metrics for popular cryptocurrencies and how mergers and acquisitions proved to be the best indicator for future price rises.
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Binance intercepts DeFi project exit scam, restores $30,000 to investors

blockchain

Binance halts a planned plan exit scam on DeFi investors. About $30,000 was lost but restored to Chinese investors. Scammers have been a plague stunning the growth of the nascent decentralized finance (DeFi) space, including the cryptocurrency industry in general. While some scammers could luckily get away with the acts, many of them could still […] …

Privacy Coins (XLM, ZCASH, DASH) Are Back On The Rise Despite Mounting Regulatory Threat

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Several privacy-focused coins have noted interesting rallies over the past couple of weeks. Coins such as Monero [XMR], ZCash, DASH have been surging despite the current stagnancy in the market. According to the latest edition of Coin Metrics’ report, Monero’s market cap climbed to its highest level since September 2018. That was not all. The popular
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Band Protocol Partners with GetBlock after Multiple Setbacks

blockchain

The cross-chain data oracle network Band Protocol announced a partnership with Getblock, an end-to-end SaaS provider to access nodes of the major blockchain node. This collaboration aims to enable developers or platforms to connect to BandChain nodes without the labor-intensive process of launching and maintaining. The official announcement penned by Kevin Lu, the Head of Business Development
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Fund manager on why DeFi’s Yearn.finance (YFI) dropped 75% from highs

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Yearn.finance (YFI) has undergone a strong decline over recent weeks after a record-setting rally.  According to CryptoSlate market data, the Ethereum-based YFI coin currently trades for $15,800 — a price 65 percent off the all-time high price of $44,000.
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