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The Age of Uniswap: DEX Volume Grows 1100 x Year-Over-Year
The greater DeFi category has given birth to a variety of cryptocurrency market winners over the last year or so, but few have become as dominant as Uniswap. Not only has the related UNI token performed incredibly well itself, Uniswap’s dominance has resulted in DEX volume growing more than 1,000 times from this point last…
Curve Financing (CRV) Spikes 100% on Peaking Trade Volume; What’s Next?
The price of Curve Finance’s governance token CRV spiked by more than 100 percent as the decentralized exchange (DEX) experienced a massive surge in trade volume. Earnings Curve Finance processed about $2.8 billion worth of trades on Monday, almost 450 percent higher than its previous record high in September 2020. The jump in its trade…
How Crypto is Developing into a Trustless Banking System With DeFi and Dai
The primary pull of decentralized crypto assets is financial freedom from the flawed banking system. Bitcoin is one step but without greater adoption it is still just a speculative vehicle. DeFi and decentralized protocols based on banking are another and they’re gaining traction fast. Crypto Exchanges too Centralized Many envisaged 2019 being the year of…
Ethereum Based DeFi Projection to Strike $5 Billion in 2020
The future of finance is evolving and Ethereum based DeFi is at the forefront of it. This year has seen explosive growth in decentralized finance despite bearish crypto asset performance. 2020 is set to be even bigger with bold predictions of where DeFi will go next. 2020 Could Be Huge for DeFi Decentralized finance has…
New Crypto Incentives From Binance Ship BNB Skywards in 11% Pump
Very few crypto assets have made any major moves in 2019. One that has, and continues to do so, is Binance Coin which has cranked a further 11 percent today as the exchange announces a raft of investment incentives. BNB Surges 11 Percent One of the day’s top performing cryptocurrencies is Binance Coin. The exchange…
Does Cryptopia’s Failure Program Decentralized Exchanges are Crypto’s Future?
New Zealand exchange Cryptopia has gone into liquidation. Yesterday, rumors of another hack were circulating after users were unable to access the website. However, this morning, an announcement made on their Twitter account declared the company had ceased trading. Taking this into account, is now the time to start using decentralized exchanges? Cryptopia Limited appoints…
Crypto Market Wrap: Binance Coin Approaching Perpetuity High on DEX Introduce
Crypto markets cooling this Friday; Binance Coin dominating, Tezos still running, Bitcoin Cash and Cardano dumping. There has been a slight pullback today following yesterday’s push to $180 billion. Crypto markets have now settled into a new range bound channel and have continued their consolidation. There has been no breakout in either direction over the…
Binance Coin (BNB) 100 Percent Rise not an Impossibility
Binance coin up 6.1 percent in the last day BNB rallying because of fundamental reasons, next target $26 Volumes spike, participation more than double after Mar 24 close Driving Binance Coin (BNB) prices are fundamental reasons. The coin is up 6.1 percent from last week’s end. After the announcement of Binance Margin trading plans and…
Cryptocurrency Market Update: $5 Billion Disposed as Markets Fall Back Once Again
Cryptocurrency markets still falling; Bitcoin Cash hammered again, BSV and Nem close behind, only DEX rising. The crypto dump has continued and markets have retreated again this Friday. All hopes of a rally extending to the new year have now died as the bears keep the selling pressure up. Markets have fallen again today and…
Cryptocurrency Market Update: Bitcoin Money Doubles in 3 Days
A rare green Friday for crypto markets; Bitcoin Cash and SV are on a charge, Tron and Iota following. It makes a change to see markets in the green on a Friday. The crypto rally that started on Monday has continued throughout the week and it has ended on a high. Total capitalization is over…