Curve Finance Price Prediction: CRV DeFi Dominance Surges As Breakdown To $1 Beckons

September 21st, 2020

Curve Finance (CRV) is currently the third-largest decentralized finance (DeFi) token in the cryptocurrency industry by the number of funds locked in the network. Interestingly, the last 24 hours were particularly yielding for CRV as it added over 33% to the total value of locked funds. At the moment, investors have locked $1.26 billion in…

Ethereum’s Gas Spike Forces Coinbase Pro to Pass Network Fees to Customers

September 19th, 2020

While Ethereum network fees have jumped to new highs this year, the popular cryptocurrency exchange, Coinbase Pro, announced that the trading platform would be passing network fees onto customers. The move followed the exchange listing Uniswap’s native token UNI, an airdrop that saw miners collect close to $1 million in gas in less than an…

DeFi Mania Continues to Catalyze DEX’s Volume

September 19th, 2020

Decentralized exchanges [DEXs] has recorded phenomenal growth in 2020. And it is not the user base that has been accelerating at a tremendous pace. DEX volume too has shown a significant surge over the last couple of months. And this rapid growth has continued to extend this month as well. According to the latest figures…

UniSwap Technical Analysis: UNI Rallies Towards $4.5 After Launching new DeFi Token

September 18th, 2020

UniSwap is on an upward roll following the fiasco with its forked asset SushiSwap. Since its listing on Binance, UNI has traded a high of $4.46. However, the saga with vampire token, SushiSwap saw UniSwap lose bearing, resulting in a breakdown to $2.40. Recovery spears to have resumed as calm returned into the SushiSwap ecosystem….

Ethereum Price Forecast: ETH intense pressure on crucial support areas aims for $320

September 18th, 2020

Ethereum price is facing tough resistance between $390 and $400. The smart contract giant token bid for gains past $400 was also invalidated in this same zone over the weekend. At the time of writing, ETH/USD is trading at $386 amid increasing seller congestion. The 4-hour chart highlights a quickly growing seller concentration in the…

Uniswap Token Frenzy Commences Following Coinbase & Binance Listings on Launch

September 17th, 2020

Decentralized exchange Uniswap has launched its highly anticipated native token, UNI, sparking off a DeFi farming frenzy that is bringing the Ethereum network to a crawl under high fees. A few hours ago, Uniswap made an announcement that it was opening four ETH based liquidity pools and will be rewarding yield farmers with its own…

DigiByte technical Analysis: DGB Remarkable Recovery, Posts Over 20 percent In Gains

September 17th, 2020

The breakout from the dips encountered in September found the right boost following news that DigiByte was partnering with PAC Global Platforms. The partnership will see PAC Global’s Masternodes added to the robust DigiAssets platform. Not long ago, DigiByte announced the launch of a Ren Wrapped DGB, which gives the platform entry into the DeFi…

BitShares Core 5.0 to be released with AMM feature

September 17th, 2020

BitShares core recently gave some sneak-peak info about BitShares core 5.0 release, via the community Telegram. Rapid progression is occurring since consensus fixes happened earlier in July with 4.0 release. Looking at the release notes for 5.0 there are AMM (Liquidity Pool), Removal of Liquid BTS from Voting (Only stake-lock), and many more… Therefore…

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…