DeFi Coin (DEFC) lists on Vindax!

With all the key elements needed to lead the cryptocurrency area, DeFi Coin was listed on the Vindax exchange platform on June 30th at 8 AM (UTC). You didn’t hear about DeFi Coin yet? Then read furThe post DeFi Coin (DEFC) lists on Vindax! appeared first on AMBCrypto.

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Nimera Swap Offers DeFi Exchange Platform With Low Fees and Support for Any Blockchain

The Defi revolution has brought about a new world of opportunities for crypto investors, but major improvements are still needed in the current ecosystem. For example, the most popular coin swapping service today is dependent on ethererum and its ridiculously high gas prices.

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DeFi's $COVER: Another 'rug pull' and coin dump?

DeFi's total value locked [TVL] figures seem to be holding above $10 billion, however, scams are crawling out of the shadows, one project at a time. While 'scam' is a strong, blanket word, not all proThe post DeFi's $COVER: Another 'rug pull' and coin dump? appeared first on AMBCrypto.

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Leading DeFi Coin Aave’s LEND Dives 15% Despite Positive Fundamentals

Aave’s LEND token, along with its new token AAVE, has dropped heavily in the past 24 hours despite stagnation in the Bitcoin and Etheruem price. The coin currently trades down 15% over the past day, underperforming BTC’s mild -0.

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BTC and ETH make up for only 44% of TVL in DeFi

The frenzy around DeFi might be waning but make no mistake, DeFi is still...

The post BTC and ETH make up for only 44% of TVL in DeFi appeared first on Coin Journal.

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Aave protocol is safe says new DeFi Pulse tool

Aave has over $1 billion in total value locked and is currently the fourth...

The post Aave protocol is safe says new DeFi Pulse tool appeared first on Coin Journal.

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Fund manager on why DeFi’s Yearn.finance (YFI) dropped 75% from highs

Yearn. finance (YFI) has undergone a strong decline over recent weeks after a record-setting rally.   According to CryptoSlate market data, the Ethereum-based YFI coin currently trades for $15,800 — a price 65 percent off the all-time high price of $44,000.

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Google searches for Bitcoin and DeFi drop

The buzz around DeFi seems to be slowly fading after Google Trends showed that...

The post Google searches for Bitcoin and DeFi drop appeared first on Coin Journal.

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DeFi grows 197% in Q3 as trading volumes increase by $155BN

The combined trading volumes of cryptocurrency exchanges were up by $155 billion in the... The post DeFi grows 197% in Q3 as trading volumes increase by $155BN appeared first on Coin Journal.

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Is DeFi decentralised? Debate kicks off on crypto Twitter

A debate on whether DeFi is decentralised or not has taken over crypto Twitter...

The post Is DeFi decentralised? Debate kicks off on crypto Twitter appeared first on Coin Journal.

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Trouble for DeFi tokens as market drops 25%

Top DeFi tokens have declined by 25% in seven days to see total market...

The post Trouble for DeFi tokens as market drops 25% appeared first on Coin Journal.

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DeFi Coin and the Mission to Revolutionize Mobile Payments and Decentralized platforms

Everyone makes payments. Whether for goods or services or some other thing, we all pay money for whatever it is we get every now and then.   However, one thing that is almost pretty common to us all is that we all desire more efficient ways of making payments.

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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown

The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60.

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Metamask tops the one million monthly users mark

The DeFi boom witnessed in the past last few months has spurred the popularity...

The post Metamask tops the one million monthly users mark appeared first on Coin Journal.

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Ethereum transaction fees drop as DeFi hype dies down

The transaction fee on the Ethereum network is down by 82% as the excitement...

The post Ethereum transaction fees drop as DeFi hype dies down appeared first on Coin Journal.

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DeFi tokens have retraced an average of 60% since August/September highs

Some popular projects are as much as 90% down since September highs Tokens in... The post DeFi tokens have retraced an average of 60% since August/September highs appeared first on Coin Journal.

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Ethereum DeFi’s Aave (LEND) Gains 5% Amid Crucial Technical Change

Leading decentralized finance (DeFi) coin LEND, the native token of the Aave protocol, is up 5% in the past 24 hours. Its performance comes as the prices of both Bitcoin and Ethereum have stagnated.

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Yearn.finance (YFI) Drops 10% Despite These 2 Fundamental Trends

Despite resilience in the price of Bitcoin, it’s been another brutal day for Yearn. finance (YFI) and other DeFi coins. The leading decentralized finance coin, based on Ethereum, has dropped 10% in the past 24 hours.

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DeFi Token Yearn.Finance (YFI) Breaks Massive Pattern Neckline, What’s Next?

Yearn.Finance (YFI) has stolen the attention away from most other DeFi tokens, Ethereum, and Bitcoin thanks to an amazing run where tens of thousands per coin in value were added. But the Ethereum-based ERC20 token has recently broken below and is now retesting the neckline of a massive head and shoulders pattern. If the altcoin […]

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Launch Notice of The BNC-BTSE DeFi Index

Brave New Coin is launching the BNC-BTSE DeFi Index (BBDX) according to the initial constituent weights attached.

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DeFi hype ebbs away through September

The DeFi boom witnessed between March and August is slowly declining, but it’s not...

The post DeFi hype ebbs away through September appeared first on Coin Journal.

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Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth. ” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more than double the aggregated total of Bitcoin’s network fees.

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63 percent of DEX trading volume is on Uniswap

Uniswap is the largest DeFi platform by total value locked and by trade volume...

The post 63 percent of DEX trading volume is on Uniswap appeared first on Coin Journal.

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Messari Says Initial Dex Offerings Are ICO 2.0, Urges Investors to Resist Initial Hype

Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized returns, while others are left deeply in […] The post Messari Says Initial Dex Offerings Are ICO 2.

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This Ethereum coin hit $40m and retraced 75% in the 24 hours after its launch

It seems that the fears of a DeFi bear market were overblown.

The post This Ethereum coin hit $40m and retraced 75% in the 24 hours after its launch appeared first on CryptoSlate.

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Bitcoin inflow onto Ethereum hits USD 1.2B as Alameda Research Mints USD 25M Wrapped Bitcoin Block

With over $1.2 billion in Bitcoin now on Ethereum for DeFi use, Alameda Research... The post Bitcoin inflow onto Ethereum hits USD 1.2B as Alameda Research Mints USD 25M Wrapped Bitcoin Block appeared first on Coin Journal.

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YFI Price Analysis - Defi innovator grows rapidly

YFI, the native token of the Yearn.Finance platform, has a price per coin twice that of Bitcoin. A scarce and fixed total supply has played a major factor in its eyecatching price as speculators have clamoured to buy a share of governance of this innovative DeFi platform.

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Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist

Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […]

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The yield farming frenzy has put over USD 3.4billion into DeFi liquidity pools

Over $1.38 billion is locked in four liquidity pools on Uniswap Investors have locked... The post The yield farming frenzy has put over USD 3.4billion into DeFi liquidity pools appeared first on Coin Journal.

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Yearn.finance (YFI) Just Plunged by Over 10%: Here’s What’s Driving the Move

Decentralized finance’s Yearn. finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends.

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The reason why Ethereum’s Pickle Finance still holds over $100m in tokens

If you’ve been following decentralized finance at all over recent weeks, you likely know of the so-called “food coins. ” It ostensibly began with Yam Finance, an Ethereum-based coin that introduced the idea of “fair farming” or “stakedrops” to DeFi, along with the concept of having cryptocurrencies branded by emojis of food items.

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Founder of Ethereum DeFi coin that surged 1,000,000% throws weight behind new project

Yearn. finance — a popular Ethereum-based DeFi protocol — has become one of the most talked-about crypto projects over recent months as its native coin YFI has surged over 1,000,000 percent since its July launch.

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Tether’s market cap reaches $15 billion thanks to DeFi boom

The total market cap of Tether (USDT) has increased nearly fourfold in 2020, thanks... The post Tether’s market cap reaches $15 billion thanks to DeFi boom appeared first on Coin Journal.

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Top DeFi Coin Yearn.finance (YFI) Just Slipped By 10%

Yearn. finance (YFI), a coin that has rallied over 1,000,000% since its listing price in July, has slowed down rapidly over recent days. The coin now trades for $34,000, over 22% below the all-time high just shy of $44,000.

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Uniswap’s newly-launched UNI token sees massive demand

A DeFi project Uniswap launched its governance token, UNI, only hours ago. Immediately after that, the token got listed on Binance, while the crypto community rushed to get the newly-launched highly-popular coin.

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DeFi Darlings Chainlink, Binance Coin, Yearn.Finance Plunge Over 10%

Bitcoin is surging but the rest of the crypto space isn’t following its lead this time around. Instead, many of the DeFi darlings that led the last bullish impulse, have fallen 10% or more in the last 24 hours.

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Over $1B worth of Bitcoin is locked in DeFi

Over 100k “synthetic” bitcoins or $1.07 billion has been minted on Ethereum as people...

The post Over $1B worth of Bitcoin is locked in DeFi appeared first on Coin Journal.

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Uniswap & SushiSwap Fork, Sake, Enters; Locking in Over Half A Billion Dollars

Despite the rug-pulling and all the drama in the DeFi sector, newly cloned projects continue to pop up in the market.  Copy-pasting has become a norm of the market, just like in 2017, with the initial coin offerings (ICO).

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Binance Smart Chain holds 14% of ETH transaction volume

Binance may be looking to dominate the DeFi space, just as it has the...

The post Binance Smart Chain holds 14% of ETH transaction volume appeared first on Coin Journal.

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Despite DeFi Pivot, Binance Coin (BNB) Just Formed a Pivotal Sell Signal

Binance Coin (BNB), which some see as a leading indicator for the altcoin market, has been on a strong rally over the past few weeks. The coin, after undergoing a strong correction, has surged against both the U.

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Binance Coin long-term Price Analysis: 13 September

Amidst all the DeFi and yield farming ruckus, Binance has recently come up with its new decentralized Binance Smart Chain [BSC]. This DeFi chain has access to its centralized exchange and Binance is pThe post Binance Coin long-term Price Analysis: 13 September appeared first on AMBCrypto.

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Why Ethereum DeFi’s Yearn.finance (YFI) Just Surged to New All-Time High

Ethereum’s DeFi darling, Yearn. finance (YFI), has surged 15% in the past 24 hours as buyers finally step in. This comes after the coin corrected 50% in the span of a week due to weakness in Bitcoin and Ethereum.

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DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND)

Yearn.finance leads DeFi tokens with a 22% price surge as Coinbase Pro adds support.... The post DeFi price update: yearn.finance (YFI), Maker (MKR), Aave (LEND) appeared first on Coin Journal.

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DeFi Swap Goes Live on Ethereum Mainnet Today

Coinspeaker DeFi Swap Goes Live on Ethereum Mainnet TodayDefi Swap has now become available on Ethereum mainnet. Some of the coins supported at the start are: Wrapped Ether, Tether, USD Coin, Dai, Chainlink, Compound, and Crypto.

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Despite Warnings from Regulators, the Ethereum Fueled Pyramid Scheme Forsage Thrives

While Ethereum has seen a number of benefits from the decentralized finance (defi) movement and initial coin offerings (ICOs), more recently individuals have been leveraging ether for pyramid schemes and matrix cycler programs.

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More than 72,000 Bitcoin tokenized on the Ethereum blockchain

Over $750 million worth of Bitcoin has been locked as DeFi drives tokenization of... The post More than 72,000 Bitcoin tokenized on the Ethereum blockchain appeared first on Coin Journal.

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Here are four factors that have pushed DeFi coin UMA up 100% in a week’s time

Decentralized finance’s UMA has surged 100 percent in a week as per CryptoSlate data. The post Here are four factors that have pushed DeFi coin UMA up 100% in a week’s time appeared first on CryptoSlate.

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SushiSwap Founder Sells Dev Shares, Coin Plummets 50 Percent

Crypto investors who have warned about a bubble forming in DeFi are having their ‘I told you so’ moment. Food-themed coin SushiSwap is the one on the chopping block. In what has been accused of being an exit scam, Chef Nomi, the anonymous founder of SushiSwap, has sold $8 million worth of SUSHI, causing the […] The post SushiSwap Founder Sells Dev Shares, Coin Plummets 50 Percent appeared first on BeInCrypto.

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BoE Governor Calls for Setting Global Standards for Stablecoins, Instead of Playing Catch Up

Stablecoins have been enjoying tremendous growth, and DeFi mania has only been pushing it further, so much so that these USD-pegged coins have been adding $100 million per day since mid-July. “DeFi yields/interest rates are clearly a vacuum sucking in a lot of stablecoins,” shared Coin Metrics co-founder Nic Carter.

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