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Yearn.finance Nears Sub-$12,000 “Death Zone” as Experts Eye Disadvantage

Yearn.finance Nears Sub-$12,000 “Death Zone” as Experts Eye Disadvantage

Yearn.finance’s YFI governance token has been facing a relentless selloff throughout the past few days and weeks, with its bulls unable to garner any momentum. There are many reasons why it has been struck so hard despite bullishness seen by Bitcoin and the rest of the crypto market, but this latest selloff has come about…
Crypto Capital Supervisor Claims Stopped Working Altcoin Assures Will Not Be Forgotten

Crypto Capital Supervisor Claims Stopped Working Altcoin Assures Will Not Be Forgotten

Bitcoin recently exploded above $13,000 and came dollars way from setting a higher high and confirming a new uptrend. Altcoins, however, haven’t responded as well, and one cryptocurrency capital manager has a theory as to why. Su Zhu believes that because most altcoins haven’t delivered on the promises from three years ago, that when Bitcoin…
Bitcoin RSI Relocations Into Booming Market Area, Here’s What Happens Next

Bitcoin RSI Relocations Into Booming Market Area, Here’s What Happens Next

Bitcoin price nearly set a new higher high and confirmed a bull trend. But before the leading cryptocurrency by market cap could set a new peak, a popular trading indicator might have jumped the gun and confirmed the bull market. The rare reading on the Relative Strength Index has only happened a grand total of…
The Variety Of Bitcoin Millionaires Cross 20 k– Why It’s Not an Excellent Indication

The Variety Of Bitcoin Millionaires Cross 20 k– Why It’s Not an Excellent Indication

According to the data from Glassnode, the number of millionaire Bitcoin holders surpassed 20,000. Albeit the figure shows many investors are profitable after BTC’s recent rally, it might also show a sign of a top. Glassnode analysts wrote: “The number of #Bitcoin millionaire addresses (addresses holding ≥ $1M worth of $BTC) crossed 20,000. It is…
Curve Financing (CRV) Spikes 100% on Peaking Trade Volume; What’s Next?

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…