The DeFi sector is exploding higher today alongside the rest of the crypto market. Bitcoin is trying to break above its $16,000 resistance while the rest of the market also sees immense strength. The price action seen throughout the past few days and weeks indicates that the recent lows seen by the blue-chip assets within…
The DeFi trend is finally dying down, and it has left even the once hottest and most hyped coins reeling in the wake. Yearn.Finance, for example, was once trading at over $40,000 and four times the price of Bitcoin. Now, it could be headed for just half a BTC per YFI token, where one career…
Yearn.finance’s YFI token has seen massive gains from its multi-month lows of $7,500 set just a few weeks ago. The strength it has expressed since it drifted towards these lows has been impressive, with bulls laying a strong base of support within the lower-$20,000 region. It has yet to break below this level but is…
Timing when to buy in crypto or any market is a difficult task. Eager DeFi investors learned this the hard way if they rushed to buy Yearn.Finance (YFI) the moment it was listed on Coinbase. From that moment on, its been almost nothing but downside since, leaving anyone who bought that “top” with a $25K…
Yearn.finance’s YFI governance token has seen some immense volatility throughout the past few days and weeks, with buyers sending it rocketing over 100% from its recent lows while now attempting to hold it above a crucial resistance level. The selling pressure at this resistance had held strong throughout the past several days and weeks, with…
The DeFi sector has been facing immense selling pressure in recent weeks, with the price declines seen by both Bitcoin and Ethereum creating notable headwinds that caused many previously bullish assets to plunge by 50% or more. Bitcoin’s peak at $12,400 came about just days before the entire market began trending lower, with it still…
Yearn.Finance continues to defy all other DeFi tokens and gravity itself with its unstoppable rise to stardom. The crypto token has bounced over 15% from its local bottom, but a fractal playing out could send YFI flying high to another new record. Yearn.Finance Flips Support As Resistance, Readies Another Rally In technical analysis, there isn’t…
YFI has been among the worst-hit tokens in an ongoing meltdown that has wiped $65 billion from the cryptocurrency market. As of 1223 GMT Tuesday, YFI/USD was trading about 47 percent lower from its all-time high at $44,003. The pair’s downside correction followed a major rally that brought it up by more than 2,500 percent…
Yearn.finance’s governance token – YFI – has been subjected to immense turbulence throughout the past few days and weeks, with its recent capitulatory downturn resulting in a sharp rebound that sent its price up 50% from its lows. The intensity of this movement has been great, potentially marking its recent lows as a long-term bottom.…
Yearn.Finance (YFI) is a rising star within the DeFi sector, with the protocol seeing massive inflows of capital while the governance token’s price rockets higher. The growing publicity and hype surrounding this project has caused YFI’s price to surpass that of Bitcoin, seeing an over 3x return from its recent lows that were set just…