Category: lendusd

DeFi Booms In Q3 As LEND, YFI, UMA, LINK Posts Outsized Gains Over 100%

DeFi activity saw a massive boom in the third quarter of the year. This September, several DeFi tokens sustained severe pullbacks along with numerous market corrections. Despite this, these tokens continued to lead the pack. This was according to the latest Q3 report by Coingecko, which further noted that while crypto-assets projected a rather sluggish market movement, […]

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Bitcoin And Ethereum-Led Surge Triggers Altcoins To Flash Green

Weeks after trading sideways, and sustaining multiple corrections along the way, the cryptocurrency market was flashing green. Bitcoin hit the long-awaited and the recently breached level of $11k on the 9th of October. Along with it, the major altcoins demonstrated solid gains as the global crypto market noted an uptick of nearly 4% over the […]

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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 […]

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Aave Price Forecast: LEND falls like deadweight as DeFi projects bleed

Aave breakdown from the all-time high at $0.9 continues amid a search for formidable support. Short-term support is envisaged at $0.4, but losses to $0.2 are not out of the picture yet. The decentralized finance (DeFi) craze has either taken a hiatus or worse; the sector hit its elastic limit, and its bubble burst. Aave […]

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HyperChain Capital Plans to Increase DeFi Investments

The digital assets management company HyperChain Capital today announced plans to increase investments in the proliferating DeFi-based projects. The official release stated that projects in the decentralized financial industry have been gaining serious traction and has managed to emerge as an alternative to traditional financing without the need for banks or other classic financial intermediaries to be […]

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Aave Technical Analysis: LEND Flashing Sell Signals, Downside Eyes $0.5

Aave is on the verge of a descending wedge breakdown, emphasizing the bearish grip. LEND/USD to seek support at the 50 EMA and the range between $0.50 and $0.45 if selling pressure mounts. Aave currently holds the third position in decentralized finance (DeFi) as far as the total value locked is concerned. Data by DeFi […]

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