Feb 19, 2021
Uniswap (UNI), Compound (COMP), Other DeFi Coins Are Slipping Lower
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Uniswap (UNI), Compound (COMP), Other DeFi Coins Are Slipping Lower
Seven things the DeFi suite can do for you in 2021
Seven things the DeFi suite can do for you in 2021
DeFi was the hottest topic of the year in the 2020 crypto realm. It has ruffled feathers and disrupted the financial world as blockchain technology transcends simple value transfer to include other financial services. DeFi is a game-changer, innovation at the forefront, a promise, the next step to a global financial ecosystem where anyone, anywhere, at any time can access a variety of financial…
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Seven things the DeFi suite can do for you in 2021
Seven things the DeFi suite can do for you in 2021
DeFi was the hottest topic of the year in the 2020 crypto realm. It has ruffled feathers and disrupted the financial world as blockchain technology transcends simple value transfer to include other financial services. DeFi is a game-changer, innovation at the forefront, a promise, the next step to a global financial ecosystem where anyone, anywhere, at any time can access a variety of financial…
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Compound (COMP) Outruns Top DeFi Tokens as TVL Closes Above $2B
Compound (COMP) Outruns Top DeFi Tokens as TVL Closes Above $2B
Compound Finance’s native token COMP was among the biggest gainers in the decentralized finance space on Wednesday. The fourth-largest DeFi token by market cap surged by more than 10 percent, hitting an intraday high of $154.08 as traders assessed a flurry of upside fundamentals around it. A pseudonymous analyst noted that the Compound protocol lured traders with competitive annual percentage…
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Compound (COMP) Outruns Top DeFi Tokens as TVL Closes Above $2B
Uniswap, Aave, Synthetix Continue to Slip Lower in Face of Bitcoin Bump
Uniswap, Aave, Synthetix Continue to Slip Lower in Face of Bitcoin Bump
Top coins in the decentralized finance (DeFi) space such as Uniswap’s UNI and AAVE have slipped lower even as Bitcoin inches higher. Most top DeFi coins have dropped approximately five percent in the past 24 hours as per CoinGecko while Bitcoin has gained over 2%. The leading cryptocurrency briefly traded above the pivotal $14,000 resistance level today but has since dropped due to large sell…
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Top DeFi Coins Maker, Compound, & More Slip 5% Despite Positive Fundamentals
Top DeFi Coins Maker, Compound, & More Slip 5% Despite Positive Fundamentals
It’s been a great past day for Bitcoin but not for DeFi coins.
After stagnating around $10,700, BTC surged higher to a local high around $10,950 — the highest price in around a week. Decentralized finance coins, on the other hand, have slipped lower.
According to data from CoinGecko, some of the top DeFi coins have posted losses in the past 24 hours of around 5%. The coins that have done so…
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What Is Yield Farming? DeFi’s Hottest Trend Explained
What Is Yield Farming? DeFi’s Hottest Trend Explained
Yield farming is a popular topic in the DeFi space for some time now. We know you may have many questions regarding yield farming – What is it? Why is it generating so much buzz?
Let’s start with a simple statistic. In 2020, the DeFi space is so far growing at a rate of 150%in terms of total value locked (TVL) in dollars. In comparison, the crypto market capitalization has so far grown at a rate…
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