Tag: DeFi News

New York Knicks Partners With Sweet to Launch Limited Edition 3D NFTs

Sweet, an enterprise NFT solutions provider, has recently partnered with the American professional basketball team, New York Knickerbockers, popularly known as the New York Knicks, to create a limited edition NFT pack. According to the official announcement, the New York Knicks will be commemorating the 2020–2021 basketball season with a collection of 5 Limited Edition […]

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DOT Price Analysis: Polkadot (DOT) Jumps 40% off Weekly Lows, Here Are Important Levels to Watch

-DOT pushes 40% off weekly low -DOT Price is still stuck within a descending channel -200MA has continued to act as resistance Polkadot Price Overview Polkadot has been flat the last few days as prices have stalled near important resistance. The overall cryptocurrency market has pushed very strong off lows, a type of revival not […]

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Chamath Palihapitiya’s Social Capital Invests in Solana-Based Saber Protocol

Saber, a cross-chain stablecoin and wrapped tokens exchange built on the Solana protocol, recently announced that it had raised $7.7 million in a just-concluded seed funding round led by Race Capital.  Saber Secures Funding From Industry Investors  Other venture capital firms that participated in the equity funding round include Jump Capital, Multicoin Capital, Chamath Palihapitiya’s […]

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AAVE Price Analysis: Is It A Good Time to Long AAVE? Price Up by 40% Over last Week

AAVE price revives nearly 40% off the low set this week AAVE price has just broken & retested 2 month bear trend 400 MA is holding as support AAVE Price Overview AAVE price has held fairly well over the last few months compared to other DeFi coins in its class. AAVE offers a very useful […]

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LUNA Price Analysis: Terra (LUNA) Price Jumps 70% Past Week, Is It A Good time to Buy LUNA?

LUNA has revived nearly 70% the past week LUNA Price has recently cleared its ascending channel resistance RSI is coiling right below the overbought value LUNA Price Overview LUNA price has held fairly well over the past couple months as most coins hit a new low throughout the last 2 weeks. LUNA has been continuously […]

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NFT Gaming Market Puts A Strong Competition to the DeFi Market

The summer of 2020 became popular as the DeFi summer for the crypto community with a strong surge in the decentralized finance (DeFi) tokens. Now, the summer of 2021 shall become popular as the NFT gaming market. The NFT Gaming market is currently battling out the DeFi market to steal all the limelight. As popular […]

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Goldman Sachs Files for a Defi and Blockchain Equity ETF

The asset-management arm of the global investment banking giant Goldman Sachs has filed for a new crypto ETF based on securities of crypto-related companies and Defi protocols. The new ETF will be called Innovate Defi and Blockchain Equity ETF. As per the SEC filing on Monday, the firm would invest at least 80% of its […]

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Solana Price Analysis: Bulls Need to Keep Price Above this Range to Ensure Next Leg Up

SOL price revives 35% off weekly low Solana Bulls attempt breakout of 70 day downtrend 30 Day MA needs to fully break to be in the clear Solana Price Overview Solana has been stuck within a bearish trend for nearly 70 days as the cryptocurrency market has failed to turn its trend back to bullish. […]

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AMPL Skyrockets 70% in 2 Days as Ampleforth is Now Part of AAVE’s Lending Platform

Ampleforth – the algorithmic stablecoin with elastic supply – has been introduced in Aave’s lending ecosystem. Ampleforth (AMPL) Now Included in Aave While most stablecins have a stable peg, Ampleforth (AMPL) is doing things differently. It’s designed in a way where the algorithm chases a target price and readjusts the overall supply. If the price […]

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Celer’s cBridge Goes Live: Aims to Facilitate Cross-Chain Compatibility

Celer Network, the layer 2 scaling platform, has announced that its multi-chain network is live on the mainnet. Dubbed cBridge v1.0, it will enable users to transfer assets across several blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and Arbitrum. cBridge v1.0 Goes Live on Mainnet The blockchain-based project announced its latest milestone in a […]

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