Decentralized exchange Uniswap has locked up a staggering $1.79 billion in total assets just two days after the launch of UNI, its native governance token.
The post Uniswap locks up $1.79 billion two days after token launch, UNI surges to $7.50 appeared first on CryptoSlate.
Tag: Price Watch
Here’s how Nasdaq-listed MicroStrategy went about buying $175m in Bitcoin
MicroStrategy has become the poster child of mainstream Bitcoin adoption amongst corporations.
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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.
Bitcoin volume profile shows major demand for BTC is building
Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks.
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Bitcoin futures volumes on US exchange Bakkt hits record
Bakkt, the fully-regulated institutional US exchange for cryptocurrencies, reported the highest-ever volume for its Bitcoin futures product yesterday, after several dismal months.
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After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin
Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.
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Top Bitcoin analyst flips bullish after predicting the 20% retracement last week
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below.
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Ethereum hits $473—and strategists are more bullish on ETH 2.0 than ever
The price of Ethereum (ETH) achieved $473 for the first time since June 2018, primarily buoyed by decentralized finance (DeFi).
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Yearn.finance (YFI) price rallies towards $20,000 following Aave listing
Yearn.finance (YFI) has been one of the most successful protocols within the DeFi sector in terms of sheer growth over the past few months.
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Tellor (TRB) secures coveted Binance listing as oracle bull run continues
The DeFi sector’s massive growth in recent weeks has given rise to other fragments of the crypto market, with decentralized finance’s reliance on oracles driving investor demand to these types of projects.
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