Yearn.Finance is back in the game after a massive 40% breakout in just one day on January 7 and a lot of continuation in the next three days touching $39,939 on Binance and $40,000 on several exchanges. YFI price is currently changing hands at $31,500 after a consolidation period of a few days. The digital asset has been extremely volatile in the past...
Decentralized finance protocol Yearn Finance has entered the final preparations for its version two launch but that has failed to prevent its native YFI token from slumping. In its latest weekly update, Yearn Finance has summarized its most recent DeFi offerings, which include leveraged vaults when version two finally goes...
Decentralized Finance (DeFi) protocols have accumulated a total value locked (TVL) figure of $16.1B and feature a combined market cap of $20B. Now, investment into major DeFi protocols has raised the net worth of many individuals who were savvy enough to capitalize on the new opportunities and minted new millionaires. With the DeFi fever at all time high and major developments happening across,...
Yearn.Finance price is currently trading at $22,681 and remains inside a daily uptrend. However, it seems that bears are slowly taking control after the digital asset failed to hold two critical support levels on the daily chart. The entire cryptocurrency market remains relatively stable with Bitcoin hovering around $18,00 0 and inconclusive bearish breaks without continuation. Yearn.Finance Price Analysis: Bearish Targets Despite the...
We have come a long way since the early rise and fall of the cryptocurrency market back in 2017. A lot of new coins emerged, and interesting concepts shaped up in this new industry, establishing solid grounds to enter a prosperous 2021. But let's face it...If you don't own millions, you won't make millions with Bitcoin anymore like in the good old days,...
The long awaited second iteration of yield farming and DeFi strategy platform Yearn Finance was launched on 7th Dec. In the coming weeks, it will be deployed gradually and it is being expected that the complete deployment would finish by the end of Dec 2020. Besides bringing major capability enhancements to the premier Decentralized Finance (DeFi) protocol and is highly likely to push...
Yearn.Finance price is currently at $28,520 bounded inside a symmetrical triangle pattern formed on the 1-hour chart. The digital asset is still in a retracement period since its high on December 2 at $31,780. Both bulls and bears see different indicators to support their cause. Let's dive into the most important technical and on-chain metrics. Yearn.Finance Price Analysis: Technical Indicators The most critical...
Things move fast in decentralized finance. And top DeFi yield aggregator project Yearn moves even faster. Indeed, while the successful start of Ethereum 2.0 captured the majority of attention this week because it bodes a mainstream future for the network, there was another string of developments in recent days that will likely prove pivotal for [...] The post Yield Aggregator Protocol Yearn: Becoming...
Are you excited about the current Bitcoin rally? Do you want to make the most out of it, receive trading tips, daily technical analyses on cryptocurrencies, and join the discussion with our experts? We got all of your...
Yearn Finance is an Ethereum-based, open-source DeFi lending protocol. The concept of Yearn Finance is to maximize the user's yield by automatically moving the user funds among different DeFi lending protocols like Compound, Dydx, Curve, or Aave. It is one of the most popular and most decentralized DeFi projects in the crypto industry till now. The platform was single- handedly developed by Andre Cronje...
The cryptocurrency market is hopping. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are displaying great performance but some of the altcoins are also displaying crazy progress. At the time of writing this, the Bitcoin price is sitting at $18132.79. Here are the...
On the 18th midnight UTC+1, Yearn.Finance made an incredible jump of 13% within 1 hour of trading. Volatility was going through the roof, as increased demand for this specific token sent its price shooting high. Usually, when prices behave in a...
On the 18th midnight UTC+1, Yearn.Finance made an incredible jump of 13% within 1 hour of trading. Volatility was going through the roof, as increased demand for this specific token sent its price shooting high. Usually, when prices behave in a...
After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi...
Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as tokens within the sector record...
YFI had a wild week jumping from a low of $7,451 on November 5 to a peak of $17,500, and still currently trading at $15,165, outperforming the market, even Bitcoin. YFI has been trading inside a massive downtrend since September 13. The digital asset formed a head and shoulders pattern which broke bearish on October 2 with a lot of continuation, dropping the...
Whenever Andre Cronje, Founder Yearn Finance tweets about a coin, crypto users rush to buy that coin. This is what is happening to Hegic right now. It seems Hegic technology stack has impressed Andre. According to his tweet, he and Molly Wintermute, Hegic’s anonymous developer have come up with exciting ways to create generic call/put options for any Uniswap protocol pair. To take...
The cryptocurrency market is flying. The major cryptocurrencies like Bitcoin, Ethereum, and Ripple are displaying great performance but some of the altcoins are also displaying crazy progress. Here are the top 5 performing cryptocurrencies of the week...
The stock market bubble is popping, according to most top economists and financial analysts. In a new note to investors, a well-known capital manager has revealed the ten telltale signs that the stock market has indeed topped. But it is the fact that these signs also match the recent DeFi trend that took over crypto in the last several months that should have...
The biggest platform for building websites is entering the blockchain space. WordPress, the dominant platform for building websites, has entered blockchain. WordPress, which handles 37% of all sites present worldwide, announces the WordProof plugin, which records data on the Ethereum blockchain (alongside EOS and Telos) which will help developers deal with copyright issues. This plugin will allow customers to timestamp content on the...
News