Tag: DeFi

Ethereum (ETH) approaches its ATH as on-chain data suggests continued uptrend

Ethereum (ETH) approaches its ATH as on-chain data suggests continued uptrend

An increased outflow of Ethereum reserves from exchanges suggests that the ETH price could double in the short term. DeFi sector governance tokens could offer the highest profit opportunities. Close to retaking its all-time high, Ethereum‘s price has outperformed Bitcoin recently. Therefore, analysts are bullish while the indicators point to an extension of the uptrend […]

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Ethereum ATH Pushes Staked ETH to $4 Billion, Novogratz Targets $2,600

Ethereum prices reached their highest ever levels during Monday morning’s Asian trading session, coming just shy of $1,500. Bigger price predictions have been made by some of the industry’s top players. A few hours ago, several exchanges including Binance reported their highest ETH prices at around $1,475 but the asset has retreated a little since […]

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Chainalysis: Criminals moved $34 million in crypto through DeFi in 2020

Chainalysis: Criminals moved $34 million in crypto through DeFi in 2020

Roughly $144.3 billion passed through decentralized exchanges (DEXs) in 2020, but not all transactions involved legally-obtained crypto. Blockchain analysis firm Chainalysis estimates that about $34 million of decentralized finance (DeFi) transactions were conducted by criminal actors.  Source: Chainalysis The $34 million figure might not sound like a lot — it’s only 0.02% of the estimated […]

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‘They start with bitcoin:’ Polychain’s Olaf Carlson-Wee believes big investors will turn their attention to DeFi

‘They start with bitcoin:’ Polychain’s Olaf Carlson-Wee believes big investors will turn their attention to DeFi

“They start with bitcoin. It is the easiest to understand.” In the most recent episode of The Scoop, Olaf Carlson-Wee said that recent headlines about institutional investors making waves in the bitcoin market aren’t surprising to him. Since he launched Polychain Capital in 2016, he’s become familiar with new market entrants who start by exploring […]

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Analysis: Strong Fundamentals Can Spike ETH Price To $10,000

Analysis: Strong Fundamentals Can Spike ETH Price To $10,000

Ethereum’s fundamentals and network utilization will push the price of the native cryptocurrency to a five-digit price territory, believes a popular cryptocurrency commentator. Although this potential surge by eight-fold from this position could sound far-fetched to some, Fundstrat strategists recently offered a similar prediction. ETH’s Fundamentals Raise A $10K Opportunity? Ethereum’s native crypto has been […]

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Biggest airdrops for 2021: dYdX, Radar Relay, Opyn, says analyst

Chico Crypto has outlined which airdrops in 2021 will give their investors the bieggest proftis, with margin trading platform dYdX topping the list. Other expected airdrops include Opyn, Optimism PBC and Radar Relay. Investors must get ready for the big airdrops of 2021, popular cryptocurrency trader, analyst and YouTuber Tyler Swope has revealed. In a […]

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