Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently. Is this yet another attempt by the altcoin’s backer to tap into the latest trend, or is this simply meeting market demand with the services…
Decentralized finance reached a new milestone over the weekend as the Total Value Locked (TVL) in DeFi broke $6 billion for the first time. What’s more, the rate of DeFi growth is reflecting the explosion in interest witnessed over the past few months. One Twitter user, @cryptounfolded, documented the number of days each one billion…
Compound’s price has been caught within an intense consolidation phase throughout the past week, with COMP oscillating primarily between $190 and $220. The cryptocurrency has been struggling to garner any clear momentum, with the crypto’s intense upswing seen earlier this month starting to show some signs of faltering. Despite this, analysts remain confident that COMP…
Looking for more signs that cryptocurrencies may be entering a new bull market? Look no further than Coinbase, where on average, buying any crypto asset offered by the platform would have resulted in 50% ROI or more. But which coins were the top-performing crypto on Coinbase, and which, if any, were lagging behind? Coinbase Coins…
EOS price started a strong increase after it broke the $3.300 resistance zone against the US Dollar. A new monthly high is formed near $3.871 and it seems like there are chances of more upsides. EOS formed a strong support base above $3.000 and rallied over 10% in the past few hours. The price settled…
Chainlink (LINK) is exploding higher once again. In the past 24 hours, the leading altcoin has surged 12.33% against the U.S. dollar, outperforming Bitcoin’s 0.5% performance. At the $19.00 price that LINK is trading at, the cryptocurrency is at an all-time high. This is the latest high in series of higher highs set over recent…
Tezos has seen some relatively strong price action over the past couple of weeks, but the uptrend it incurred around this time last week is starting to stall. It appears that the resistance laced throughout the mid-$4.00 region is quite intense, which has been stopping it from posting any further gains as of late. Analysts…
The crypto market has taken a strange turn in recent weeks. What started out as a perfectly sustainable trend of rapidly growing DeFi projects, has turned into a weird world of worthless assets. Rather than new money coming in, as one economist points out, it is crypto insiders who know better that are buying these…
Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven days, the leading cryptocurrency has traded at both $11,100 and $12,000, whipsawing between the levels as the price enters a consolidation. Ethereum, on the other hand, has been surging higher; ETH now trades for $440 as…
Bitcoin and major altcoins have been breaking out all across the crypto space. Several other top altcoins across the top 100 by market cap also saw strong rallies, but a handful of top altcoins like Tron and Litecoin have lagged behind. Chart patterns had shown similar price action as other alts ahead of major breakouts,…