SushiSwap price is crawling back: time to buy SUSHI?

SushiSwap price made a strong recovery on Monday as demand for the DeFi token rose. It rose to a high of $1. 4520, which was the highest level since October 20. It has rallied by more than 42% from its lowest level in August of this year.

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Can the Metaverse Survive Without NFTs?

The metaverse manifests as a futuristic, expansive digital space that leverages web3 tools to offer an immersive virtual experience for participants. It establishes decentralized finance (DeFi) projects within the metaverse that demand a mode of value storage and transfer between…

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PriFi: On-Chain Privacy Has Arrived. Here’s Why It’s a Game-Changer

PriFi is the natural evolution of DeFi, and demand for it will only accelerate as many industries rightly move to capitalize on the unique features of blockchain technology. The post PriFi: On-Chain Privacy Has Arrived.

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Synthetix price prediction: Here’s why SNX just soared to $4

Synthetix price continued soaring on Thursday as demand for DeFi tokens surged. SNX, its… The post Synthetix price prediction: Here’s why SNX just soared to $4 appeared first on CoinJournal.

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Zharta Raises $4.3M to Expedite Growth in Instant NFT Lending

DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, the creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of 4 million dollars in new capital to fuel the company’s next … Continued The post Zharta Raises $4.

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Demand for widely used euro stablecoin is huge, says DeFi expert

The U.S. company Circle is launching a regulated stablecoin that is pegged to the euro, but what does this mean for the eurozone?

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Dutch bank ING sells digital asset tool Pyctor to GMEX

GMEX has acquired ING’s Pyctor business to connect CeFi and DeFi amid the increasing demand for hybrid finance.

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Ethereum DeFi Service Porter Finance Shutters Bond Platform, Citing Lack of 'Lending Demand'

The venture capital-backed Porter Finance said the lack of “institutional fixed income DeFi adoption” drove its decision.

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UFT Price Prediction as Coinbase Lists Unilend Finance

The Unilend Finance price has gone parabolic as demand for the decentralized finance (DeFi)… The post UFT Price Prediction as Coinbase Lists Unilend Finance appeared first on CoinJournal.

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Compound Price is in Recovery Mode. Is it a Buy?

Compound price jumped sharply on Tuesday as demand for DeFi tokens bounce back. The…

The post Compound Price is in Recovery Mode. Is it a Buy? appeared first on CoinJournal.

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Coinloan Delists DeFi Tokens UNI, COMP, SUSHI, YFI and AVX

Crypto finance platform Coinloan has announced it has begun the process of delisting a range of once-popular DeFi tokens due in part to insufficient demand.

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MANA recovers by 61% in 24 hours thanks to its relentless...

Decentraland, the largest Metaverse in the crypto space, has been a pioneer with its wearables, and further demand for similar features has led to the platform noting higher traffic on both the DeFi aThe post MANA recovers by 61% in 24 hours thanks to its relentless... appeared first on AMBCrypto.

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Uniswap trading at a long term demand zone- Where can sellers benefit

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Data on DeFi Pulse showed decentralized exchange Uniswap to haThe post Uniswap trading at a long term demand zone- Where can sellers benefit appeared first on AMBCrypto.

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Fireblocks Sees $500M Stampede Into Terra DeFi in First Week

Pent-up demand for Terra’s ecosystem among early access program hedge funds and wealthy investors has been “crazy,” Fireblocks said.

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Maple price prediction: What is MPL and is it a good investment?

The Maple price jumped sharply on Friday as demand for the Decentralized Finance (DeFi)… The post Maple price prediction: What is MPL and is it a good investment? appeared first on Coin Journal.

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Aave’s Token Rockets 97% Since Upgrade Strengthening DeFi Capabilities

The V3 upgrade introduced several features to make Aave more lucrative for lenders and borrowers, which has created demand for its tokens.

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Aave’s Token Rockets 97% Since Upgrade as V3 Strengthens DeFi Capabilities

The V3 upgrade introduced several features to make Aave more lucrative for lenders and borrowers, which has created demand for its tokens.

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Trezor Hardware Wallet Introduces Support for Cardano (ADA), Price Reacts

Crypto hardware wallet has announced support for Cardano (ADA) after many years of not supporting the digital asset. As Cardano has grown and with the rise of decentralized finance (DeFi) on the network, there has been more demand for the cryptocurrency to be added to the wallet, which is one of the most popular crypto hardware wallets in existence.

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NFT Vs. DeFi: NFT Activity On Ethereum Rises While Bitcoin Demand On DeFi Falls

NFT activity is an important element in the Ethereum blockchain, accounting for most network transfers. Demand for Bitcoin in the Ethereum ecosystem has decreased dramatically since the beginning of the year.

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Nomiswap, The New Decentralized Exchange (DEX) With The Best Fees And Benefits On The Crypto Space

The demand for decentralized finances (DeFi) keeps rising with the ecosystem reaching $100 billion in total value locked (TVL) during 2021. However, users seek safe and secure options capable of providing different products to earn rewards without having to pay a fortune on fees.

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How Ethereum Might Evolve Over the Next Year

Ethereum has made up the basis of demand for the recent DeFi boom, and the network is feeling the pressure. Things could be very different for the platform in six-to-twelve months, depending on how its planned protocol changes play out.

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DeFi Insurer Nexus Mutual Maxed Out by Yield-Farming Boom

Nexus Mutual is seeing a surge in demand. "Our product has honestly seen massive interest since yield farming kicked off," said founder Hugh Karp.

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Tether hits $10bn market cap as DeFi drives demand

Despite controversy over its issuance, Tether has recently seen its market cap hit $10...

The post Tether hits $10bn market cap as DeFi drives demand appeared first on Coin Journal.

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DeFi Infrastructure Providers Find It Hard to Keep up with Surging User Demand

The recent dramatic rise in the demand for decentralized finance (DeFi) apps, courtesy of the “yield farming” frenzy, proved too much to handle for The Graph – a blockchain infrastructure firm that processes the complex DeFi data transactions.

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Ethereum Competitors Bolstered by High Fees, But ETH‘s Outlook Remains Strong

There has been a boom in demand for Ethereum in recent times, with much of this stemming from the explosive growth of the DeFi sector. Although this demand has yet to result in any type of bullish price action, it does appear that its growing utility is bolstering its macro outlook. That being said, the […]

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Exploding DeFi Demand Sparks Ethereum Daily Transactions to Hit 2-Year High

The number of daily transactions on the Ethereum blockchain network surpassed 1 million, a level unseen since January 2018. In recent months, network activity on Ethereum surged as a result of rising demand for decentralized finance (DeFi) applications and growing anticipation towards ETH 2.

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DeFi Tokens Maker, Kyber Network, and Aave Moon Despite Uncertainty in the Market

Demand for DeFi tokens continues to rise, and Maker, Kyber Network, and Aave are a clear example of this. These cryptocurrencies have enjoyed an impressive rally over the past few... The post DeFi Tokens Maker, Kyber Network, and Aave Moon Despite Uncertainty in the Market appeared first on Crypto Briefing.

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COMP’s Sudden Growth Has Swamped a DEX Dealing Only in Stablecoins

One of the newer entrants to the DeFi space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP.

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4 Mln Dai Minted with Wrapped Bitcoin (WBTC) in One Transaction

Wrapped Bitcoin (WBTC) sees surging demand on DeFi lending protocol Maker, with four mln Dai minted in a single transaction

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DeFi Is Exposing Inadequacies of Cold Storage, Says Crypto Custodian

Anchorage president Diogo Monica discusses the challenges faced by crypto custodians as DeFi protocols demand increasingly complex on-chain activities

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OKEx Launches New C2C Loan Feature; Use BTC As Collateral To Get USDT for Trading

OKEx made a step into the DeFi world and launched its new consumer to consumer (C2C) loan feature that aims to match the demand and supply of idle capital transparently and openly. The times when crypto exchanges were scrambling to have listings of the most active tokens are long gone. Nowadays, the competition takes place […]

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OKEx Launches Peer-to-Peer Loan Feature

OKEx is stepping into the world of DeFi launching its C2C loan feature. According to Director of Financial Markets Lennix Lai, this will create an “open and transparent marketplace for matching demand and supply on idle capital.

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Mind the Gap: Why ETH Price and DeFi Adoption Aren’t in Sync

Demand for DeFi lending services built on ethereum shows a pattern of inverse relationship to the price of ETH. When ether prices are falling, the amount of ETH locked in DeFi tends to rise. Most recent data indicate the relationship operates the other way, too.

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