DeFi Tokens Continue to Bleed as Bitcoin Dominates

2020-11-5 10:47

Much of the interest and hype surrounding the decentralized finance (DeFi) sector that emerged this past Summer has certainly begun to tail off, especially where token prices are concerned. Many of the top-performing DeFi assets are still bleeding out despite the bullishness in the broader cryptocurrency market.

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Defi (DEFI) на Currencies.ru

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defi many → Результатов: 112


Analyst: DeFi Assets Likely to “Nuke” 50%+ if Bitcoin Doesn’t Moon

Bitcoin has been consolidating throughout the past few days while altcoins continue losing value This trend has been well-defined throughout the past few weeks, showing that investors and traders alike are all currently focused on the benchmark cryptocurrency Although many analysts expect there to be some sort of capital rotation event out of BTC and into altcoins at some point, it’s unclear when this may take place DeFi assets have been hit the hardest by […]

2020-11-1 19:00


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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 […]

2020-10-21 02:00


What Are the Main DeFi Use Cases?

Key Takeaways: – Decentralized finance (DeFi) has witnessed staggering growth in 2020.– There is now more than $11 billion locked in Ethereum DeFi platforms and more than 100,000 users. – Open lending platforms, decentralized exchanges, and digital asset staking are among the most common use-cases, but new tools and platforms are emerging regularly.– Though many DeFi […]

2020-10-17 19:10


DeFi Tokens Take a Beating Amid Cryptocurrency Market Hemorrhaging

A marketwide selloff has accelerated and it appears that DeFi tokens are taking the biggest hits at the moment as many of them retreat further from their all-time highs. Cryptocurrency markets have dumped around $20 billion over the past 24 hours in a fall back to around $315 billion according to TradingView, but it has […] The post DeFi Tokens Take a Beating Amid Cryptocurrency Market Hemorrhaging appeared first on BeInCrypto.

2020-9-22 13:07