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Researcher Explains Why Curve (CRV) and Yearn.Finance (YFI) Are Falling

Curve and yearn.finance are among the few decentralized finance projects that have interesting yield farming products to offer. Their volumes have shot upwards due to consistent community involvement. Nevertheless, the price of their governance…
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TA: Ethereum Price Plunges 5%, Can Buyers Save The Key $335 Support?

Ethereum is down over 5% and it broke the key $350 support level against the US Dollar. ETH price is testing the $335 support and it remains at a risk of more losses. Ethereum failed to surpass the main $355 resistance zone, and declined 5%. The…
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Ripple (XRP) Price Rally Runs Into Significant Resistance: $0.255 Holds The Key

Ripple is up over 6% and it climbed higher above the $0.2450 resistance against the US Dollar. XRP price is still struggling to clear the key $0.2550 resistance zone. Ripple gained bullish momentum and surged above $0.2450 against the US dollar. The…
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Polkadot (DOT) Could Incur Strong Correction as Macro Support Nears

It’s been a tough past few days for all altcoins. Polkadot (DOT), especially, has suffered. The native digital asset of the Polkadot ecosystem has shed a few percent in the past 24 hours but is down 10% from its weekly highs. The cryptocurrency’s…
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Data: Synthetix (SNX) Investors Are Accumulating the Coin In Waves

It’s been a tough past few days for the entire crypto market. Synthetix Network Token (SNX), in particular, has dropped rather hard: the coin is down 5% in the past 24 hours alone and nearly 20% below the local highs. Despite the drop…
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DeFi Token Yearn.Finance (YFI) Breaks Massive Pattern Neckline, What’s Next?

Yearn.Finance (YFI) has stolen the attention away from most other DeFi tokens, Ethereum, and Bitcoin thanks to an amazing run where tens of thousands per coin in value were added. But the Ethereum-based ERC20 token has recently broken below…
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$10K Bitcoin Shows Resiliency Facing BitMex Drama, KuCoin Hack, And Now This

Bitcoin price is currently back over $10,500, holding on after a brief crash to under $10,400 on the heels of several pieces of extremely negative news. The recent news normally would be enough to send the crypto market collapsing, highlighting…
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Buy Bitcoin and Ethereum, Asserts Industry Exec After BitMEX-Led Crash

Crypto derivative platform BitMEX’s struggle with the American authorities took a toll on Bitcoin and Ethereum markets. The US Commodity Futures Trading Commission on Thursday filed criminal charges against the owners of BitMEX, accusing…
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Yearn.finance (YFI) Posts Massive Short Squeeze Following Surge in Open Interest

Yearn.finance (YFI) has been facing heightened volatility as of late, with bears attempting to capitalize on recent drama surrounding one of the projects that Yearn’s founder is working on. However, the cryptocurrency’s descent now appears…
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Calls for Maker (MKR) Rally Grows as Utility Touches Record High

A skyrocketing utility statistics coming out of Maker, a peer-to-contract lending platform, has increased its governance token MKR’s bullish appeal among analysts. Chris Burniske, one of the partners at venture capitalist firm Placeholder…