Three reasons why DeFi's performance will overshadow Bitcoin's soon

2020-11-29 19:30

While Bitcoin’s price was rallying on the price charts, DeFi tokens were adding TVL in both BTC and ETH. However, after the price dropped by 8.64%, DeFi’s TVL soon plummeted from $14.35B on 23 NovThe post Three reasons why DeFi's performance will overshadow Bitcoin's soon appeared first on AMBCrypto.

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Defi (DEFI) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0182135 (-100%)

defi price soon bitcoin three tvl performance

defi price → Результатов: 126


DeFi Turmoil: Over $5 Million Wiped Out In Liquidations Amid Ethereum Price Drop

The decentralized finance (DeFi) ecosystem teetered on the brink of a meltdown yesterday as cascading liquidations swept through the market following a sharp drop in Ethereum (ETH) price. Over $5. 4 million in collateralized assets were forcibly sold off in a 24-hour period, raising concerns about the stability of the DeFi house of cards.

2024-3-20 10:22


Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market

Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […]

2020-7-23 23:00


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Jimmy Song Predicts Ethereum at $97 by Year-End, Fears PoS “Will Essentially Centralize ETH in Some Serious Ways”

Ethereum is said to be “highly undervalued” because of the role the network plays in DeFi development and it is expected to become more valuable as it migrates to Proof-of-Stake. On the contrary, a Bitcoin developer and the author of ‘Programming Bitcoin’, Jimmy Song sees Ethereum price dropping as low as $97 by the end […]

2020-7-15 16:54


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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […]

2020-7-3 23:00


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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto.

2020-6-23 18:35


Capital Flowing Is Into Small-Caps and DeFi Space as Bitcoin Consolidates

The price of bitcoin consolidated in a narrow range last week but without any catalyst. Today, the leading cryptocurrency is recording some gains of 1.20% while trading above $9,450. Volume is also extremely low across the board, while bitcoin futures having its slowest session since January, ‘real’ spot volume also dropped below $1 billion. Very […]

2020-6-22 18:23


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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […]

2020-6-22 22:00