Ethereum DeFi’s Flagship Coin, MakerDAO, Is Down 55% Against ETH in 2020
Ethereum’s decentralized finance (DeFi) sector has undergone parabolic growth over the past few months. The value of coins locked in DeFi protocols has surged to a cumulative...
Ethereum DeFi’s Ampleforth (AMPL) Drops 20% Despite “Whale” Accumulation
Ampleforth (AMPL) has been one of the top-performing cryptocurrencies over the past month. The asset, whose long-term price performance is measured by its market capitalization rather...
Ethereum’s Compound (COMP) Slides to Multi-Month Low Despite DeFi Explosion
While Bitcoin and Ethereum have seen notable bounces since imploding on Saturday evening, Compound and other altcoins are underperforming. The Ethereum-based coin is down 7.5% in the...
Arbismart Arbitrage Returns Stack Up Against the Best that DeFi Has To Offer
Investing in any asset class can be risky. Especially when it comes to crypto-assets like Bitcoin. The price speculation and added volatility put the asset class squarely among the...
After Ethereum DeFi Gains 100%+, Vitalik Says Yield Farming Isn’t Sustainable
The biggest crypto narrative of the past few months has been the growth of Ethereum’s “decentralized finance” (DeFi). Tokens pertaining to this segment of the...
Multiplier Incentivises Yield Farmers with MXX Tokens
Multiplier platform will officially launch the minting of MXX tokens on its platform on the 29th of July, 2020 27th July 2020, Switzerland – MXX tokens are designed to balance...
Aave’s LEND Token Dips 27% after Rising 10X; is More Pain Ahead?
LEND, the native token of Aave’s non-custodial protocol surged by more than 1,000 percent in just three months. The parabolic rally helped the cryptocurrency establishing an...
eToro Quarterly Report: Stablecoins Find a Mainstream Use Case in Q2 2020
Inflation and remittances fuel uptick in mainstream adoption around the world In areas where unrest and inflation run rampant, individuals and businesses are increasingly turning to...
Flat or Breakout: What to Expect from Bitcoin This Week
Bitcoin sentiment seldom improved this past week as it remained stuck inside a $150-wide trading area. Traders maintained their distance from the top cryptocurrency while shifting...
Ethereum DeFi May be Exciting But the “Mania Will End”: Research Firm
If you’ve been following crypto over the past week, you likely have heard it all about Ethereum and DeFi. The use of these two words in the industry has become incessant as...
What’s Behind High Ethereum DeFi Yields? A Top Investor Explains
Ethereum-based decentralized finance has seen quite the frenzy over the past few weeks. After taking a large hit due to March’s liquidation event, this segment of the...
Some Ethereum DeFi Users Are Making 100% APY But There Are Multiple Risks
Unlike Bitcoin, which has stalled in the low-$9,000s, Ethereum-based decentralized finance (DeFi) has seen exponential growth over the past few weeks. Camila Russo, a former Bloomberg...