Tag: yfiusdt

The start of the new year has brought back bulls for Defi altcoins as some of the top performers on New Year Monday include Uniswap (...

Lark Davis, famous New Zealand-based crypto analyst stated reasons for his bullish position on the DOT token of the Polkadot ecosystem on 10 October. A notable reason being the announcement of Polkadot Parachains by Dr. Gavin Wood. Polkadot (DOT), now viewed by many analysts as layer-0, allows developers to build smart contract blockchains like ETH The post Polkadot (DOT) Price Analysis: Imminent Breakout...

The UNIUSDT crypto pair started to make sharp up and down swings, following a monthly price close above the June bearish inside bar resistance [29.3803]. This created a massive opportunity for swing traders to track specific trend reversal and continuation chart patterns like the divergence. Let’s dive into it. The bearish trend was confirmed with The post UNI Token Price Analysis: Sharp Volatile...

Theta price has...

AAVE...

Amid the ongoing dip in the broader cryptocurrency market, the decentralized finance (DeFi) ecosystem is wielding a major resilience as the combined Total Value Locked (TVL) on major smart contracts stays above the...

DeFi tokens like Chainlink and Yearn.Finance dominated the crypto market all throughout the summer months. But a recent shift in sentiment has prompted investors to derisk and these same coins have been crashing deeply. And while there's no certainty that a reversal is near, a buy setup has triggered on these two once top-performing tokens that could at least provide a dead cat...

The price of Yearn.finance’s governance token – YFI – has been plummeting as of late, with the sell-side pressure overwhelming the cryptocurrency’s bulls as it shatters multiple key support levels that were previously boosting its outlook. This has struck a blow to the community sentiment that has been so pivotal for incubating its growth, which has been compounded by the exit of prominent...

Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight. The decentralized finance (DeFi) market strongly rebounded in a short period, lifting the overall market sentiment. Two factors primarily triggered the resurgence of DeFi in the last 24 hours. First, Bitcoin and Ethereum...

YFI – the governance token of the Yearn.finance ecosystem – has been plunging lower throughout the past 24 hours, with it reverting nearly all of its recent gains as buying pressure begins evaporating. Yesterday, the drama surrounding one of the external projects being developed by Yearn.finance founder Andre Cronje helped fuel the token’s ongoing downtrend. This external project was a card game...

Decentralized finance (DeFi) tokens, including Uniswap (UNI) and Synthetix Network (SNX) are recovering with the lead of Yearn.finance (YFI). Following brutal 40% to 50% corrections across the market, the DeFi space is taking a breather. Since its peak on September 13 at $43,390, YFI dropped by more than 50% to as low as $21,640. Since its bottom on...

Yearn.finance’s governance token (YFI) has been hit hard by the recent downtrend seen across the aggregated cryptocurrency market, with the token now trading down nearly 50 percent from where it was at its peak. Despite this bearish price action, it is important to note that the Yearn.finance ecosystem is still thriving, and YFI holders may soon be able to receive instant rewards for...

Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222. YFI’s 40% decline within eight days caused other Y tokens and decentralized finance (DeFi) tokens to plummet. DFI.Money (YFII), YFLink (YFL), YFValue (YFV), and other Y tokens dropped harder than YFI in the past two weeks. DeFi market is taking a...