Analysis
Analysis
YFI, Aave, Maker surge up to 30% overnight, what’s fueling the DeFi recovery?
Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The decentralized finance (DeFi) market strongly rebounded in a short period, lifting…
Adoption
Ethereum was $11 during the last Presidential election—now it’s $355
Four years ago, during the last presidential election, the price of Ethereum was hovering at $11. Today, fast forward four years, ETH is valued…
DeFi
3 key reasons Yearn.finance (YFI) fell 20% in a steep correction
Yearn.finance (YFI), the decentralized finance (DeFi) giant popular for its vaults, fell by 20% within nine hours. Three key factors contributed to the pullback:…
Analysis
CEO: Dropping whale inflows positive for Bitcoin, lifeline for DeFi market?
According to CryptoQuant CEO Ki Young Ju, Bitcoin whale inflows are decreasing. The drop in whale activity suggests high-net-worth investors are not currently selling…
Analysis
UNI, SNX, and DeFi tokens recover on Yearn.finance (YFI) lead: what’s next?
Decentralized finance (DeFi) tokens, including Uniswap (UNI) and Synthetix Network (SNX) are recovering with the lead of Yearn.finance (YFI). Following brutal 40% to 50%…
Analysis
Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now
Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222. YFI’s 40% decline within eight days caused other…
Analysis
Nexus Mutual surpasses 1% of total DeFi TVL as insurance market heats up
Nexus Mutual, the insurance coverage provider for decentralized finance (DeFi) protocols, surpassed $74 million in active coverage. It now covers for 206,763 ETH, which…
Analysis
Yearn.finance (YFI) surges 30% in 1 day: what’s fueling the rapid rally?
The price of YFI, the native token of the decentralized finance (DeFi) giant Yearn.finance, surged 30% in 1 day. YFI rose from $21,500 to…
Analysis
ETH plunged, but 7% of Ethereum supply in DeFi is a mid-term bull sign
The price of Ether (ETH), the native currency of the Ethereum blockchain network, sharply dropped by 27% in five days. Yet, the amount of…
Analysis
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). This time, the rally…
Analysis
3 reasons why investors expect YFI’s insurance underwriter Nexus Mutual could reach a $1 billion market cap
Nexus Mutual (NXM), the only major insurance protocol in Decentralized Finance (DeFi), surged over the last several days. Several cryptocurrency fund managers expect NXM…
![Ethereum competitor Polkadot hits $3.5b valuation: what’s fueling the rally? [UPDATED]](https://cryptoslate.com/wp-content/uploads/2020/08/polkadot-768x403.jpg)
Analysis
Ethereum competitor Polkadot hits $3.5b valuation: what’s fueling the rally? [UPDATED]
Polkadot (DOT), a blockchain protocol founded by Ethereum co-creator Gavin Wood, achieved a $3.5 billion market capitalization. It comes merely six days after the…
