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DeFi Market Outperformed Overall Crypto Market by 18.4% Weekly Gains

After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi market cap surged 18.4% over the last week against the overall crypto market gaining 11.4%. Moreover,

After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi market cap surged 18.4% over the last week against the overall crypto market gaining 11.4%. Moreover,

Yearn Finance
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Yearn Finance
Altcoin News

Yearn.finance price rockets to $20,000 as DeFi roars awake

Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as tokens within the sector record impressive gains. Yearn.finance is among the biggest gainers in the last 24 hours following an impressive rally. The decentralized finance (DeFi) project is up over 27% to change at $18,790.

Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as tokens within the sector record impressive gains. Yearn.finance is among the biggest gainers in the last 24 hours following an impressive rally. The decentralized finance (DeFi) project is up over 27% to change at $18,790.

Yearn Finance
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Yearn Finance
Altcoin News

Yearn.finance: YFI could dump again if this resistance is not flipped into support

Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground.

Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground.

DeFi bubble
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DeFi bubble
DeFi News

YFI, LEND, CRV, UNI Prices Plunge, is it The Death of DeFi?

Tokens related to decentralized finance are getting battered again today with many of the top performing ones in recent months losing double digits over the past week. Analysts are starting to call DeFi a bubble. The total value locked across the DeFi sector is in decline as the flocks of farmers withdraw their collateral. The

Tokens related to decentralized finance are getting battered again today with many of the top performing ones in recent months losing double digits over the past week. Analysts are starting to call DeFi a bubble. The total value locked across the DeFi sector is in decline as the flocks of farmers withdraw their collateral. The

Yearn Finance
DeFi News
Yearn Finance
DeFi News

Yearn Finance’s YFI Token Loses Ground After Slashing Over 55% Since ATH

Buoyed by the stellar returns, several DeFi-based tokens have enjoyed the wild wave in the decentralized space. One of the most popular tokens in recent history has been Yearn.Finance’s native YFI token. Despite its promising entry, YFI was down by more than 55% since it hit an ATH of $43,260 to its press time price

Buoyed by the stellar returns, several DeFi-based tokens have enjoyed the wild wave in the decentralized space. One of the most popular tokens in recent history has been Yearn.Finance’s native YFI token. Despite its promising entry, YFI was down by more than 55% since it hit an ATH of $43,260 to its press time price

Yearn Finance
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Yearn Finance
Altcoin News

Yearn.finance Price Forecast: YFI Poised For A Rally To $35,000

Yearn.finance bounces off support validating a key bullish outlook. The formation of double-bottom pattern prints a positive picture for gains targeting $35,000. The decentralized finance (DeFi) darling, Yearn.finance is resuming the uptrend after falling consistently from highs around $34,000, traded on September 27. The crypto encountered high selling pressure after another bounce from support established

Yearn.finance bounces off support validating a key bullish outlook. The formation of double-bottom pattern prints a positive picture for gains targeting $35,000. The decentralized finance (DeFi) darling, Yearn.finance is resuming the uptrend after falling consistently from highs around $34,000, traded on September 27. The crypto encountered high selling pressure after another bounce from support established

Yearn Finance
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Yearn Finance
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Yearn.finance Technical Analysis: YFI rebound to $25,000 remains a challenge

Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a

Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On-chain data predicts increased selling pressure towards $25,000. Yearn.finance saw the rebound predicted at the beginning of the week invalidated after failing to close above the 50 Simple Moving Average (SMA) in the 4-hour range. The rebound came into the picture following the formation of a

DeFi News
DeFi News

Uniswap, Yearn.Finance Tokens Mimic Ethereum’s fall

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

Yearn Finance
Altcoin News
Yearn Finance
Altcoin News

Yearn.finance Price Prediction: YFI Has A Clear Path To $40,000

Yearn.finance freefalls to $21,455 after support at $28,000 failed to hold. YFI turns bullish bringing into the picture the impact of a double-bottom pattern. Yearn.finance is bleeding, just like many other cryptocurrencies in the market on Tuesday. A bearish wave on Monday swept across the market, further increasing the sell signals that have continued to

Yearn.finance freefalls to $21,455 after support at $28,000 failed to hold. YFI turns bullish bringing into the picture the impact of a double-bottom pattern. Yearn.finance is bleeding, just like many other cryptocurrencies in the market on Tuesday. A bearish wave on Monday swept across the market, further increasing the sell signals that have continued to

Decentralized-Finance-Yield-Farming
DeFi News
Decentralized-Finance-Yield-Farming
DeFi News

DeFi Market Plunges As Ethereum [ETH] Corrects Over 12%

After a massive bull-run over the last month, Decentralized Finance (DeFi) sector has entered a major correction. Over the last 24 hours, some of the top DeFi tokens have headed south with weekly losses surging above 20%. In this flash crash, over $3.5 billion dollars have been eroded from the overall DeFi market cap. Over

After a massive bull-run over the last month, Decentralized Finance (DeFi) sector has entered a major correction. Over the last 24 hours, some of the top DeFi tokens have headed south with weekly losses surging above 20%. In this flash crash, over $3.5 billion dollars have been eroded from the overall DeFi market cap. Over

Yearn Finance
DeFi News
Yearn Finance
DeFi News

Yearn Finance Adds yETH Vaults Earning 75%+ on Ethereum Deposits

Popular DeFi aggregation protocol Yearn Finance has added its long-awaited Ethereum vaults offering some of the highest interest in the industry on ETH deposits. Yearn Finance has gone from zero to hero in the DeFi sector, launching new products and yield farming opportunities on an almost weekly bases. The latest offerings, in addition to its

Popular DeFi aggregation protocol Yearn Finance has added its long-awaited Ethereum vaults offering some of the highest interest in the industry on ETH deposits. Yearn Finance has gone from zero to hero in the DeFi sector, launching new products and yield farming opportunities on an almost weekly bases. The latest offerings, in addition to its

yearn-finance-rocket-image
Altcoin News
yearn-finance-rocket-image
Altcoin News

Yearn.finance On Steroinds? Surpasses Bitcoin $20,000 All-time High to Hit $38,983

Yearn.finance beats Bitcoin all-time high to set a bar for itself close to $40,000. YFI/USD establishes support above $30,000 following rejection from the weekend high at $38983. The decentralized finance darling, Yearn.finance has easily become the most expensive cryptocurrency in the world. YFI did not only surpass Bitcoin’s all-time high at $20,000 but also rocked

Yearn.finance beats Bitcoin all-time high to set a bar for itself close to $40,000. YFI/USD establishes support above $30,000 following rejection from the weekend high at $38983. The decentralized finance darling, Yearn.finance has easily become the most expensive cryptocurrency in the world. YFI did not only surpass Bitcoin’s all-time high at $20,000 but also rocked

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Altcoin News
sushi token
Altcoin News

SUSHI DeFi Token Drops Over 99% as Top Holder Dumps on Uniswap

$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top

$SUSHI, the governance token for a Uniswap lookalike drops over 99% in minutes as the top token holder dumps on the market. The price of SUSHI fell from over $170 to $1.07 in no time. The launch of the platform was as recent as the 26th of August. Hsaka, a prominent crypto trader tweeted, Top

uniswap pump dfi
Altcoin News
uniswap pump dfi
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Little Known DeFi Token OverTakes MakerDAO in MCap, Is YFI Next?

UMA, a platform for creating synthetic financial contracts is quickly rising up the ranks as it’s governance token takes on MakerDAO (a leader before May) in market capitalization. A close second to MakerDAO is yearn.finance’s $YFI token; which is only short $4 million in total market capitalization compared to MakerDAO.  UMA enables synthetic derivative contracts

UMA, a platform for creating synthetic financial contracts is quickly rising up the ranks as it’s governance token takes on MakerDAO (a leader before May) in market capitalization. A close second to MakerDAO is yearn.finance’s $YFI token; which is only short $4 million in total market capitalization compared to MakerDAO.  UMA enables synthetic derivative contracts

Telegram All Set to Launch a multi-Billion Dollar ICO (TOM)
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Telegram All Set to Launch a multi-Billion Dollar ICO (TOM)
Altcoin News

Yearn Finance Joins the Billion Dollar DeFi Group with Four Others

Yearn.finance joins the billion-dollar club w.r.t. Total Value Locked (TVL). It becomes the fifth project along with Aave, Maker, Curve, and Compound with a TVL greater than $1 billion. Three of the top DeFi projects are based on a loaning platform, whereas Curve is a DEX pool specifically designed for stablecoins. Yearn.finance works as an

Yearn.finance joins the billion-dollar club w.r.t. Total Value Locked (TVL). It becomes the fifth project along with Aave, Maker, Curve, and Compound with a TVL greater than $1 billion. Three of the top DeFi projects are based on a loaning platform, whereas Curve is a DEX pool specifically designed for stablecoins. Yearn.finance works as an

chainlink
DeFi News
chainlink
DeFi News

Is Unequal Distribution of DeFi Tokens Threatening to its Security?

The essential component of cryptocurrency or DeFi, especially, is non-custodial management and security of value. However, while decentralized governance systems are in place, the reality of the degree of control in DeFi is far from it.  In an analysis of yearn.finance (YFI) governance and decentralization, Hasu (alias), market researcher of Deribit Exchange notes that, …

The essential component of cryptocurrency or DeFi, especially, is non-custodial management and security of value. However, while decentralized governance systems are in place, the reality of the degree of control in DeFi is far from it.  In an analysis of yearn.finance (YFI) governance and decentralization, Hasu (alias), market researcher of Deribit Exchange notes that, …

Altcoin News
Altcoin News

YFI Copycat YFFI Enters Death Spiral As It Plummets By Almost 100%

After the community observed yearn.finance’s [YFI] price hitting almost $5K, several tokens mimicking YFI entered the market. However, they seem to be nothing but products of a pump and dump scheme.  Decentralized Finance [DeFi] had all eyes on it after certain applications brought in immense value. DeFi’s lending and borrowing platform, Compound Finance undoubtedly initiated

After the community observed yearn.finance’s [YFI] price hitting almost $5K, several tokens mimicking YFI entered the market. However, they seem to be nothing but products of a pump and dump scheme.  Decentralized Finance [DeFi] had all eyes on it after certain applications brought in immense value. DeFi’s lending and borrowing platform, Compound Finance undoubtedly initiated

Altcoin News
Altcoin News

China Begins to FOMO into the DeFi Space with Customization: Analyst

The crypto market is witnessing a massive bull run initiated by the growth of the DeFi space. While the surge spilt positive liquidity in altcoins as well, the gains in non-DeFi tokens have been minuscule. Moreover, the rise is not going unnoticed within the Chinese crypto community as well as they are beginning to FOMO

The crypto market is witnessing a massive bull run initiated by the growth of the DeFi space. While the surge spilt positive liquidity in altcoins as well, the gains in non-DeFi tokens have been minuscule. Moreover, the rise is not going unnoticed within the Chinese crypto community as well as they are beginning to FOMO

Defi
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Defi
Altcoin News

YFI Rush Boosts DeFi Value To $4 Billion

While yearn.finance has pushed DeFi’s value to a whopping $4 billion, the price of its token, YFI has been observing a slump.  ‘DeFi The Unstoppable’ Decentralized Finance [DeFi] has undoubtedly left the entire crypto-verse gazing at the value it has been garnering. Particularly the last few weeks have been extremely eventful for the applications of

While yearn.finance has pushed DeFi’s value to a whopping $4 billion, the price of its token, YFI has been observing a slump.  ‘DeFi The Unstoppable’ Decentralized Finance [DeFi] has undoubtedly left the entire crypto-verse gazing at the value it has been garnering. Particularly the last few weeks have been extremely eventful for the applications of

yearn-finance-rocket-image
Altcoin News
yearn-finance-rocket-image
Altcoin News

Yearn Finance [YFI] 100x Surge Begins to Show Cracks, Is it Over?

Crypto markets witnessed a 100x with a massive surge in Yearn Finance [YFI] this week. The price on 18th July last week was around $34, it topped out this morning at $4699 (a 138x rise). There are many arguments for and against the YFI surge. No pre-mine, limited supply of 30,000 tokens and a bridge

Crypto markets witnessed a 100x with a massive surge in Yearn Finance [YFI] this week. The price on 18th July last week was around $34, it topped out this morning at $4699 (a 138x rise). There are many arguments for and against the YFI surge. No pre-mine, limited supply of 30,000 tokens and a bridge