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DeFi sector struggles as Bitcoin sees another surge

Both Bitcoin (BTC) and the DeFi sector have grown side-by-side in 2020 following the mid-March global economy meltdown, but now, the two started moving in the opposite direction. As Bitcoin price recently surged, the DeFi sector started seeing a significant decline, which caused some to start speculating about the two potentially being connected in some way. дальше »

2020-11-3 17:31


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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

2020-10-25 22:00


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This Technical Pattern Suggests Yearn.finance’s YFI Could Plunge to Sub-$7,000

Yearn.finance’s price action has been far from bullish over the past few weeks, with bears aggressively selling into each price pump as buyers continue struggling to gain any traction. There are many different factors behind this descent, including a downturn seen across the aggregated DeFi space, a fractured community, and founder risk that is growing […] дальше »

2020-10-21 02:00


Hopes for DASH Use in DeFi Staking Pumps Price by 12%

The price of Dash’s native token of the same name jumped 12 percent in the last 24 hours as traders assessed its entry into the booming “DeFi” space. According to an announcement on Monday, the decentralized autonomous firm entered a partnership with StakeHound, a protocol that creates stake-backed tokens for users looking to access decentralized […] дальше »

2020-10-20 14:21


Despite Short-Term Outlook, Yearn.finance’s (YFI) Macro Prospects are Ultra Bullish

Yearn.finance’s short-term outlook has been grave, with bears being in full control of its price action as buying pressure begins drying up. The cryptocurrency’s recent descent has come about due to a myriad of different factors, including heightened founder risk, a fractured community, as well as the overall downturn in the DeFi sector. Additionally, relatively […] дальше »

2020-10-17 00:00


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Yearn.finance (YFI) Price Faces Grim Rejection at $20,000; What Analysts are Saying

Yearn.finance’s YFI governance token was previously the darling of DeFi, providing investors with massive returns while also becoming a benchmark of the entire sector. Recent turbulence within the community, coupled with the downturn seen across the aggregated DeFi space, has caused YFI’s price to collapse from its recent highs, with bulls ardently attempting to stop […] дальше »

2020-10-12 01:00