Coins

Chainlink Technical Analysis: LINK On The Cusp Of A Breakdown But Can $10 Support Hold?

September 16th, 2020

Chainlink has continued to lose dominance in market capitalization and comparison to digital assets like Polkadot, Bitcoin Cash, and Binance Coin. The race for the fifth spot in the market is in full swing, but Chainlink appears to have given up already. At the time of writing, LINK is trading at $10.84 after a 0.81%…

Aave Technical Analysis: LEND plummets 20 percent in 24 hours as altcoins bleed across the board

September 16th, 2020

The cryptocurrency market is deeply in the red following the initial declines recorded in September’s first week. Recovery has not been forthcoming both for the small coins and the large coins by market capitalization. For instance, Bitcoin dived to support at $9,800, but its recovery steam keeps losing momentum before hitting $11,000. Similarly, the smart…

DeFi Pulse Index (DPI) Liquidity Pool Surges to $640 Million

September 15th, 2020

A new DeFi index token from data provider DeFi Pulse and Set Protocol has surged in popularity since its launch indicating a huge demand for user friendly DeFi products. Decentralized finance can be a bit of a minefield to those unfamiliar with the landscape. Tokens and protocols appear on a daily basis and many disappear…

Binance Coin Technical Analysis: BNB Drawing Closer To Yearly Highs, DeFi Integration Spikes Interest

September 15th, 2020

Binance Coin dived to lows of $6.4 following the Black Thursday crash in March. The majority of markets around the globe were feeling the heat from the Coronavirus outbreak. A recovery started alongside other major digital assets but Binance Coin as always curved its unique path, aiming for new yearly highs. There have been barriers…

DeFi Platform bZx Loses Collateral After $8 Million Token Duplication Incident

September 14th, 2020

Crypto collateral on DeFi lending platform bZx has dropped to its lowest level for over a year as a token duplication incident resulted in an emergency code patch and resetting of user balances. Another technical glitch has created problems for DeFi lending protocol bZx. The team responded with a breakdown of events, reassuring borrowers and…

BurgerSwap and BakerySwap Boost Binance Coin Prices to ATH

September 14th, 2020

Two new DeFi clones have created a rush on Binance Coin prices as avaricious yield farmers load up on the latest DeFi hotcakes. Not a week has gone by without at least one DeFi protocol being cloned to launch another liquidity rush for a new breed of yield hunters. Ethereum, which is the foundation of…

Veteran Investor: Bitcoin Could be Worth So Much More Without Altcoins

September 11th, 2020

A renowned gold investor has taken a look into the world of dead altcoins and commented on how much more Bitcoin could be worth without those financial losses. Veteran global macro investor and co-founder of 10T Holdings, Dan Tapiero, has re-tweeted a list of altcoins that have made it into the top ten, commenting on…

Tether to Launch on Solana Blockchain For ‘Nasdaq Speed’ Transactions

September 10th, 2020

The world’s most popular stablecoin, Tether, is taking more action to make transactions faster and cheaper for its users. The latest move is to launch on the new high-speed Solana blockchain. Tether will be the first stablecoin to launch on Solana, which has been touted as an ‘ultra-high-speed’ blockchain. The Solana network boasts speeds of…

SushiSwap Liquidity Hits $1.35 Billion After Successful Migration

September 10th, 2020

The much-hyped forked version of Uniswap, SushiSwap, has successfully migrated to its own platform, taking over $1.3 billion in liquidity with it. In less than a fortnight, SushiSwap has managed to propel Uniswap to the top of the DeFi total value locked (TVL) charts, before unceremoniously dumping it back down them.  TVL is a measure…

Ripple Price Prediction: XRP Flashing Buy The Dip Signals, Here Are The Levels To Watch

September 9th, 2020

Ripple, the self-proclaimed cross-border blockchain solution provider fell in tandem with the rest of the cryptocurrency market after a bearish wave swept across the digital space. Bitcoin and Ethereum were forced below key areas of support where BTC tested $9,900 while ETH hit pause above $300. XRP on the other hand, tumbled from highs above…