Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222.
The post Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now appeared first on CryptoSlate.
Tag: Edge
5 trends indicate the most undervalued Ethereum DeFi token is Aave’s LEND
Coins in Ethereum’s decentralized finance (DeFi) space have seen parabolic growth over recent months that has easily outpaced every other financial market.
The post 5 trends indicate the most undervalued Ethereum DeFi token is Aave’s LEND appeared first on CryptoSlate.
This crypto VC giant just threw its weight behind DeFi’s Yearn.finance (YFI)
Despite pulling back by 25 percent from its all-time high of $44,000, Yearn.finance (YFI) remains an integral part of the Ethereum decentralized finance narrative.
The post This crypto VC giant just threw its weight behind DeFi’s Yearn.finance (YFI) appeared first on CryptoSlate.
Top developer explains why Ethereum 2.0 is still on track for November
Earlier this year, there were some that weren’t too sure the Ethereum 2 upgrade — also known as ETH2 — would go live in 2020.
The post Top developer explains why Ethereum 2.0 is still on track for November appeared first on CryptoSlate.
What the heck is Cream and why is the Ethereum coin up over 2,000% from its August lows?
Most decentralized finance forks are either controversial or have failed.
The post What the heck is Cream and why is the Ethereum coin up over 2,000% from its August lows? appeared first on CryptoSlate.
Why a top analyst says Ethereum DeFi is a bubble that will pop soon
The decentralized finance (DeFi) market has been jeweled with equal parts optimism and suspicion.
The post Why a top analyst says Ethereum DeFi is a bubble that will pop soon appeared first on CryptoSlate.
Here’s why top Ethereum DEX Curve was forked into a new protocol
Ethereum’s decentralized finance space has been filled with forks over recent weeks.
The post Here’s why top Ethereum DEX Curve was forked into a new protocol appeared first on CryptoSlate.
Analyst: S&P 500 and Bitcoin are macro correlated but that’s not a bad thing
The recent narrative is that Bitcoin is now correlated with the price of gold.
The post Analyst: S&P 500 and Bitcoin are macro correlated but that’s not a bad thing appeared first on CryptoSlate.
Bitcoin derivatives data shows the institutional “herd” is finally here: fund manager
In 2017 and 2018, Bitcoin proponents coined the term “the institutional herd” to describe the flood of Wall Street investors and companies that were then expected to grace the cryptocurrency market.
The post Bitcoin derivatives data shows the institutional “herd” is finally here: fund manager appeared first on CryptoSlate.
More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why
Decentralized finance (DeFi) has seen parabolic growth in recent months, evidenced by tokens pertaining to the space rallying thousands of percent, massive projects being minted out of thin air, and the sheer number and variety of individuals talking about the subject.
The post More than 0.2% of all Bitcoin is now represented on Ethereum: here’s why appeared first on CryptoSlate.
