Category: YFIUSD

DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

The decentralized finance sector continues to grow with an impressive all-time high of over $24 billion locked. Additionally, the Binance DeFi Composite Index, measuring the performance of numerous DeFi coins, also marked a new ATH today. Binance DeFi Index To New Highs Launched in August 2020, the DeFi Composite Index tracks and measures the performance […]

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Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

BTC’s somewhat adverse weekend ended with the asset bottoming below $34,000, but bitcoin has bounced off since then and topped $36,000. New all-time highs for Binance Coin and Chainlink have helped the market cap to conquer the coveted $1 trillion level again. Bitcoin Tops $36K The primary cryptocurrency was riding high above $38,000 before the […]

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Bitcoin Strong At $40K: Will It Be Another Wild Weekend? (Market Watch)

Bitcoin Strong At $40K: Will It Be Another Wild Weekend? (Market Watch)

Following another all-time high and a wildly volatile day, bitcoin has retraced slightly and calmed around the $40,000 price mark. Most large-cap alternative coins have also lost some steam, but some lower- and mid-cap ones have skyrocketed in the past 24 hours. Bitcoin Stalls Beneath $40K The past several days have been quite bullish for […]

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Market Watch: The Altcoins Christmas Bloodbath – $40 Billion Evaporated

Market Watch: The Altcoins Christmas Bloodbath – $40 Billion Evaporated

Bitcoin’s recent rollercoaster continued in the past 24 hours with another $1,000 move before settling around $23,000. However, BTC’s dominance has spiked as the entire altcoin market has bled out, led by Ripple’s continuous drops. Bitcoin’s 24H Wild Ride The past several days have been particularly volatile for the primary cryptocurrency. Just a few days […]

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Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours

Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours

Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day. Bitcoin’s Wild Ride Continues After a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed […]

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$20 Billion Added To The Crypto Market Cap As Bitcoin Reclaims $19K And ETH $600 (Weekend Watch)

$20 Billion Added To The Crypto Market Cap As Bitcoin Reclaims $19K And ETH $600 (Weekend Watch)

As another weekend goes on, Bitcoin presents low-volatility around the $19,000 mark. However, since yesterday, the primary cryptocurrency had been trading above the benchmark level, reaching $19,346 (Bitstamp) as the current high so far in the weekend. Simultaneously, the total market capitalization has increased by $20 billion over the past day. Bitcoin Holds Above $19,000 […]

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After The Bloodbath Bitcoin Reclaims $19K: The Calm After The Storm? (Market Watch)

After The Bloodbath Bitcoin Reclaims $19K: The Calm After The Storm? (Market Watch)

After charging to a new all-time high and plummeting nearly $2,000 minutes later, Bitcoin has calmed around $19,000. Most alternative coins followed BTC’s extreme volatility. Ethereum jumped to a new yearly high following the ETH 2.0 launch and dived below $600. Bitcoin’s Wild 24 Hours It took a few days, but BTC recovered all of […]

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The Calm After The Storm: Bitcoin At $17K As DeFi Rebounds

The Calm After The Storm: Bitcoin At $17K As DeFi Rebounds

Bitcoin has recovered a bit since yesterday’s massive price drop to $16,250. Most alternative coins have also bounced off their most significant dips, and the total market capitalization has recovered over $30 billion in a day. Bitcoin’s Black Friday Sale Following weeks of gradual increases that led to BTC coming less than 3% away from […]

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YFI’s Andre Cronje Unveils Multi-Purpose DeFi Protocol Deriswap

Andre Cronje, the brain behind the popular DeFi protocol Yearn Finance and the most expensive cryptocurrency YFI, has unveiled yet another DeFi protocol called Deriswap. Obsessed With Capital Efficiency The project focuses on capital efficiency, an aspect of DeFi that Cronje said he is obsessed with. The YFI creator is set to change the current […]

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Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

Market Watch: XRP and ETH Steal The Show As Bitcoin Retracing $700

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap. Bitcoin Slows Down After Doule-Top […]

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