The total value locked (TVL) in DeFi projects has reached a whopping $11 billion as Uniswap has now become the first DeFi protocol to have reached a TVL of $2…
The cryptocurrency market as a whole is still stuck in a no man’s land as the battle between bulls and bears have yet to come to a conclusion. Bitcoin, however,…
The strengthening US Dollar has revealed both a direct effect and an inverse correlation with assets gold and Bitcoin. The Dollar Index (DXY) rose to 94.37 points, a 2.86% increase…
The cryptocurrency market has slumped alongside US stock markets and commodities. The trigger for the sudden drop across the board seems to be caused by the accusation of big banks…
Over the past week, the cryptocurrency market has been trending downwards with Altcoins experiencing sell-offs, especially DeFi tokens, many of which have plunged to new swing lows.
Nevertheless, not all is…
The overall Altcoins market sentiment remains bullish even as Bitcoin slowly reclaims its market dominance. The SCN30 Index which tracks top curated altcoins recovering from the weekly low by 9.87…
After being listed on multiple major exchanges a few weeks after its debut, yearn.finance (YFI) has certainly grabbed the attention of DeFi enthusiasts as it rose a thousand percent within…
The cryptocurrency market kickstarted a new week with a positive vibe. The weekly returns of crypto assets have outshined the traditional, namely precious metals and stock indices once again. On…
Unlike the traditional financial system where almost-zero interest rates are being offered to investors, the exuberant annual percentage yields (APY) offered by many DeFi projects are what brought investors to…
The
cryptocurrency market faced a severe correction in the past week. It underperformed traditional assets such as gold and equities, but
the main cause cannot be fully attributed to macroeconomic instability alone,
but…