Top 5 Defi Categories to watch out for in this Altcoin Season

Top 5 Defi Categories to watch out in this Altcoin Season Decentralized finance is becoming more and more acceptable within the mainstream business circles, thanks to the global awareness of Bitcoin which paved the path for blockchain technology.

199 +

This is why DeFi's growth in 2021 isn't a fluke

Despite corrections setting in, Bitcoin, at the time of writing, was trading at just over $47,500. Further down the crypto-ladder, Ethereum, the world's largest altcoin, was valued at $1,850 on the chThe post This is why DeFi's growth in 2021 isn't a fluke appeared first on AMBCrypto.

338 +

Altcoin Explorer: Matic Network (MATIC), the Leading Layer-2 Scaling Solution

Ethereum (ETH) is inarguably the de-facto smart contract platform for the majority of developers to build decentralized applications (dApps) on. Today, Ethereum is home to more than 90 percent of decentralized finance (deFi) applications and the number continues to grow bigger with every passing day.

220 +

Altcoin Explorer – Bancor (BNT), the Defining DeFi Protocol

Decentralized finance (DeFi) has progressed from being the talk of the town during the ‘2020 summer of DeFi’ to firmly establishing itself as an institutional-backed flourishing landscape within the wider cryptocurrency industry.

246 +

Altcoin & DeFi Market Booming: Chainlink (LINK) Sets New Record-High amid Bitcoin Consolidation

Continue reading at Coinspeaker

171 +

3 ways the next altcoin bull cycle will vastly differ from 2017’s

Bitcoin is still the main focus of most investors but Layer 2 solutions, governance, and DeFi are shaping up to be the driving forces of the next altseason.

136 +

Ethereum “Anti-Network Effect” Shows “DeFi Has Outgrown” The Altcoin

Ethereum broke out over the weekend and looks primed to follow in Bitcoin’s footsteps by shattering its former all-time high and soaring far higher. But while Bitcoin prices climb, there has been minimal impact on the underlying network, nor has there been a sizable increase in fees that characterized the 2017 peak. Meanwhile, ETH gas […]

328 +

In one day, a total of $1.2 million worth of Ethereum was stolen in three DeFi “rug pulls”

The past few days have marked a renaissance in altcoin trading: previously-unknown projects on Uniswap, the leading Ethereum decentralized exchange, have been rallying by thousands of percent. The post In one day, a total of $1.

232 +

Altcoin Explorer: Aave (AAVE), the Leading DeFi Protocol

With the unprecedented rise in the budding decentralized finance (DeFi) space, finance, and money in general, is finally making its way under the control of the right owners – the people. That being said, whatever is the rage usually attracts a large number of players and entities towards it and that is exactly what isRead MoreRead More.

360 +

SUSHI on Altcoin Party Menu, Collaborating with Yearn on a ‘Stealth Project’

Both Bitcoin and ETH are constantly moving up and down dramatically as investors continue to scoop off coins in the spot market while leverage continues to dominate the derivatives market. Amidst this, DeFi tokens rallied, and the total value locked in the sector is near ATH at $14.

434 +

Yearn.finance (YFI) Outperforms DeFi Sector as Powerful Uptrend Persists

Yearn. finance’s YFI has been caught within the throes of an intense uptrend throughout the past few days, with its recent lows of $7,500 looking more and more like a long-term bottom as money keeps flowing into the altcoin market.

196 +

Chainlink, Cosmos, Aave Price Analysis: 10 November

Chainlink and Cosmos had a bullish bias as the altcoin market in general looked healthier than they had been a few days ago, with DeFi coins performing exceptionally well. Aave could see a pullback afThe post Chainlink, Cosmos, Aave Price Analysis: 10 November appeared first on AMBCrypto.

237 +

Aave (AAVE) price gained 75% last week, eyes $65 next

Aave (AAVE) price closed over 75% higher last week in one of the more impressive performances from an altcoin in recent months. The surge in price came after massive declines that DeFi coins suffered since August.

140 +

Altcoin Explorer: How Polkadot (DOT) Is Leading the Blockchain Interoperability Race

Amid the rapidly maturing decentralized finance (DeFi) space within the larger cryptocurrency industry, one major smart-contract platform has caught the attention of everyone – Polkadot (DOT). In this Altcoin Explorer, we explore in detail the Polkadot ecosystem and attempt to determine if this promising blockchain project has what it takes to propel blockchain technology intoRead MoreRead More.

305 +

Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move

Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their […]

356 +

Ethereum-based game launches token that instantly gained a $10m market cap

While DeFi coins are plunging into the ground, there still seems to be money flowing around in the Ethereum and altcoin markets. The post Ethereum-based game launches token that instantly gained a $10m market cap appeared first on CryptoSlate.

194 +

Newfangled Ethereum DeFi coin surges 600% in 24 hours after listing

Despite the stagnation in the altcoin market, evidenced by Bitcoin outperforming Ethereum in its latest leg higher, investors are still throwing millions at new investments. The post Newfangled Ethereum DeFi coin surges 600% in 24 hours after listing appeared first on CryptoSlate.

185 +

Traders warn about Ethereum and DeFi tokens as momentum dwindles against Bitcoin

In the past week, the alternative cryptocurrency (altcoin) market has further slumped against Bitcoin. The post Traders warn about Ethereum and DeFi tokens as momentum dwindles against Bitcoin appeared first on CryptoSlate.

185 +

Bitcoin Decoupling from The Stock Market is Here as BTC Eats Up Altcoin and DeFi Market

Bitcoin 2, everything else 0. This is the tally after Bitcoin continues to move up following yesterday’s jump above $11,800. Today, the leading cryptocurrency actually hit $12,000 on Bitfinex, last seen on Sept.

250 +

DeFi Token Maker Sets New TVL All-Time High As Crypto Market Takes Pause

Maker, an early DeFi token that helped get the now unstoppable trend off the ground, has set a new all-time high in total value locked, just as the rest of the crypto takes a nosedive. Although the trend across crypto has temporarily turned bearish, the altcoin token’s fundamental health continues to grow steadily, suggesting that […]

273 +

Despite Crypto Rebound, This Analyst Still Expects $20 Ethereum: Here’s Why

Ethereum, aside from Chainlink, is the best performing cryptocurrency in the top ten by market cap. The top-ranked altcoin has had enjoyed a substantial rebound from bear market lows and surged all throughout 2020 on the heels of the DeFi trend.

201 +

Ethereum Stimulus Response Shaves 3% Off Price In 30 Minutes Or Less

Ethereum has been holding up well compared to the rest of the DeFi space, but the recent news that the second-round of stimulus checked proposed by the House was rejected by Trump has changed that. The top-ranked altcoin just took 3% off its value in a matter of thirty minutes or less following the tweet […]

233 +

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 […]

238 +

Pantera Capital Crypto Funds Report 100% Returns Amid DeFi Craze

Investments in decentralized finance (DeFi) drove returns exceeding 100% this year to Pantera Capital’s bitcoin index and altcoin hedge funds.

181 +

Ethereum: Is the HODLing in yet?

When it comes to the altcoin market, the past few months have shown how important a cryptocurrency Ethereum is. With DeFi growing substantially in 2020, the gains have been felt by ETH in many ways.

241 +

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.

148 +

Despite DeFi Pivot, Tron (TRX) Just Formed This Harrowing Technical Signal

Tron has dropped in tandem with the rest of the crypto market over the past week. The prominent altcoin has dropped around 40% from its local highs around $0. 05, in fact. The cryptocurrency is up 5.

306 +

Data: Despite Ethereum & Altcoin Crash, DeFi is Going Viral in China

After a parabolic rally, Ethereum’s decentralized finance (DeFi) is starting to go semi-viral on China. This comes after months of a number of commentators noting on Twitter that DeFi hasn’t been appealing to Chinese investors due to a lack of Chinese education and user interfaces.

215 +

DeFi boom leaves former altcoin darlings in the dust — But for how long?

The strong performance from DeFi tokens has far eclipsed that of many top-10 altcoins but how long can this trend last?

204 +

Bitcoin Crashes Below $10,000, Is The ‘Altcoin & DeFi Apocalypse’ Over Yet?

While the stock market is closed today, recognizing Labor Day, the crypto market is bleeding. For now, in another red day to mark the start of a new week, cryptocurrencies had a repeat performance.

242 +

Altcoin Explorer: Kava (KAVA), the Cross-Chain DeFi Platform

The DeFi space is growing at an alarming pace which has put the spotlight on some of the most innovative projects in the landscape such as Aave, Synthetix, and Compound, among others. In this Altcoin Explorer, BTCManager deep dive into Kava (KAVA), a cross-chain DeFi platform that seeks to become the de-facto borrowing and lendingRead MoreRead More.

342 +

Is Ethereum giving up Ether for growth?

With numerous projects flooding in Ethereum via DeFi, the utilization rate of the largest altcoin blockchain has been under avid discussion all year. With its own Ethereum 2.0 shift taking a back seatThe post Is Ethereum giving up Ether for growth? appeared first on AMBCrypto.

217 +

Most Popular Cryptoassets in August Revealed: Investors Bullish About Ethereum as DeFi Booms

Bitcoin, Ethereum, XRP and Tezos all saw month on month trading increases Investors flocked into EOS and TRON to capture late altcoin rally Trading activity up in all coins in August except Cardano’s ADA New data from global investment platform eToro reveals that in August retail investors returned to large-cap altcoins such as Ethereum and […]

389 +

Ethereum Slides 14% In 24 Hours, Bear Div Hints At Deeper Drop Ahead

Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market into a recovery in early 2020, and after a revisit to an accumulation range, the DeFi trend helped Etheruem rocket out of lows.

226 +

But why is altcoin trading concentrated mostly in East Asia?

Lately altcoins have been the talk of the town. From ICOs to defi tokens, altcoins are plenty in number and perhaps Asian traders are to thank for that. FTX is well-known for its listing of new tokensThe post But why is altcoin trading concentrated mostly in East Asia? appeared first on AMBCrypto.

341 +

Cryptocurrency News Roundup for August 20, 2020

For the first time in the decade-long history of the asset class, an altcoin has surpassed the price of bitcoin. On August 20, YFI, the native governance token of the Yearn. Finance’s DeFi protocol achieved this unprecedented feat by climbing all the way up to $14,878.

305 +

YFI Passes Bitcoin as the Most Expensive Crypto Asset

Yearn. Finance’s native governance token, YFI, became the first altcoin to overtake the bitcoin price, after closing in on it for days. Riding the waves of a surging DeFi market, YFI hit prices as high as $14,878 in the last 24 hours, according to CoinGecko data.

328 +

DeFi Darling Yearn.finance (YFI) Just Passed the Price of Bitcoin at $11,750

Today, Yearn. finance (YFI) did what many believed was impossible: the altcoin’s price crossed above that of Bitcoin (BTC). Just minutes ago, the price of the Ethereum-based coin crossed above $12,000 for the first time ever, meaning it was trading above BTC’s then-current price of $11,750.

399 +

Yearn.finance (YFI) surges to new all-time high above $9,000 as DeFi continues ascent

After a strong 40 percent correction after garnering a listing on Binance, Yearn. finance (YFI) is back in the spotlight as the decentralized finance altcoin has more than doubled in approximately three days.

218 +

Chasing The Crypto Trend: Tron Attempts To Jump On DeFi Bandwagon

Tron founder and CEO Justin Sun was spotted on Twitter today, promoting a decentralized exchange for liquidity pooling akin to Uniswap and other DeFi platforms that have been booming recently. Is this yet another attempt by the altcoin’s backer to tap into the latest trend, or is this simply meeting market demand with the services […]

349 +

Crypto News Roundup for August 11, 2020

The rise of DeFi and the optimism surrounding ETH 2.0 seem to have sparked new life into the altcoin market cap as it breached a multi-year resistance level late on Aug 10. Expectedly, this new development has been deciphered by many analysts and industry insiders as the imminent arrival of the so-called “altseason”, a period […] The post Crypto News Roundup for August 11, 2020 appeared first on BeInCrypto.

229 +

XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader

XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […]

255 +

Balancer Token (BAL) surges 40% — has altcoin season arrived?

DeFi protocol Balancer shot up by 25% in just two hours and is now...

The post Balancer Token (BAL) surges 40% — has altcoin season arrived? appeared first on Coin Journal.

351 +

Ethereum DeFi’s Balancer (BAL) Surges 25%: Why the Altcoin Is Up So Much

While Bitcoin and Ethereum have stagnated over recent days, multiple altcoins are pressing higher and higher. Zcash, for instance, has gained dozens of percent in the past week alone as its technical and fundamental case strengthens.

264 +

How the Ethereum-Based Ampleforth’s 50% Crash Shows DeFi Investing Risks

The DeFi craze may have finally gone too far, leading investors into disaster as some top industry analysts had forewarned. Ampleforth, an altcoin that recently flash pumped by over 700,000%, just collapsed by over 70% wiping out investor’s gains and then some.

313 +

Ethereum: Ether is becoming 2nd-favorite on its parent chain

It is impossible to keep Ethereum out of the headlines at the moment. The anticipation surrounding Ethereum 2.0 was keeping the largest altcoin omnipresent but currently, the immense growth of DeFi isThe post Ethereum: Ether is becoming 2nd-favorite on its parent chain appeared first on AMBCrypto.

254 +

Why Blockstack’s Co-Founder Muneeb Ali Sees Bitcoin Taking the DeFi Industry By Storm

With much excitement surrounding the altcoin’s season fueled by the exploding DeFi activity, crypto investors and enthusiasts are speculating that the combination of BTC and ETH will be the ultimate future of decentralized finance.

156 +

Altseason on the Horizon as Bitcoin Remains Range-Bound

The altcoin market appears to be on the cusp of another altseason rally as tokens experience massive price surges while Bitcoin remains locked in sideways accumulation. Altcoin Tokens Surge as DeFi Market Explodes Tweeting on Monday (July 20, 2020), crypto analyst @Crypto_Ed_NL published a chart showing that a new altseason could be on the horizon.

258 +

Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin

Compound’s meteoric rise in the crypto-space is coupled with the rise of DeFi tokens and retail traders chasing the next moonshot. The post Compound users now supplying over $1 billion in ETH assets; COMP a top-25 altcoin appeared first on CryptoSlate.

358 +