DeFi

The crypto market continues to take heavy blows across the bearish market. Due to the current market turmoil, DeFi’s total value locked (TVL) decreased by 55% since the end of April. In fact, at press time, the total TVL decreased significantly this month. Recording a 10% decline (stood at $75 billion) in its TVL inContinue reading “MakerDAO’s actions against Aave had these repercussions on the DeFi platform”

The hype of the Metaverse certainly declined considerably in the last two months as the market crashed twice, and the likes of Decentraland stand on the receiving end of this bearishness. The Metaverse token MANA is witnessing fear in its investors after a very long time, and it might cause a further drawdown in theContinue reading “Why are Decentraland [MANA] investors panicking for the first time in eight months”

So, you were hoping to see some tasty gains after scooping up some CAKE at its recent lows. Now you are wondering whether you made the right choice after it failed to cook up noteworthy gains. CAKE is still trading within its narrow range between $4.15 and $5, where it has been stuck for moreContinue reading “Lower volumes, steady price action – Should you still have CAKE?”

Coin flows can tell us a lot about the movements of coins and tokens through the crypto market, as well as investors’ reactions to the market. However, does the latest data match what’s really going on at the exchanges? Let me ETH a look at this Glassnode’s weekly coin flows update revealed that Bitcoin andContinue reading “Here is what Bitcoin and Ether investors are doing in a post-Terra market”

Once valued at $119 at its highest, Terra today has three zeroes after the decimal before a number appears. Trading at $0.0001902, LUNA has lost 100% of its value this month. But not too far away within the DeFi section of the cryptocurrency list sits another token that did leave its investors hopeless, although itContinue reading “How SushiSwap [SUSHI] managed to pull a Terra before it was cool”

The bear market that pulled down cryptocurrencies and NFTs alike is currently on to its next target. It seems that the DeFi segment is next-in-line for a bloodbath. DeFi’s Total Value Locked has fallen dramatically since early April, with prominent events wreaking havoc across the Web3 space. The TVL on DeFi dropped below $110 billionContinue reading “What you should know about DeFi’s meltdown after Terra’s episode”

The crypto space and DLT’s use cases continue to expand every day with the technology setting foot in the corporate world, entertainment as well as food industry. Now it is venturing into the healthcare industry with Polygon supporting the launch of LifChain. Polygon’s 911 Set to be the first-of-its-kind commercial platform for fully tokenizing healthcareContinue reading “Can Polygon’s [MATIC] healthcare efforts breathe life into the altcoin as well”

AAVE is attempting to recover after a heavily bearish performance in the last seven days, during which it tanked to pre-2021 lows. The cryptocurrency dipped as low as $65.8 a few hours ago as the bears extended their assault. AAVE had recovered to $71.6 at the time of writing, a significant recovery from its currentContinue reading “What AAVE falling below December 2020 lows can mean for investors”

Uniswap’s prominence in the DEX market is well known, with the DeFi protocol operating as the second biggest Decentralized exchange with over $7 billion locked on it.  While the TVL did take a hit earlier this week, Uniswap did not lose any more than $800 million while still maintaining its dominance behind Curve’s $17 billionContinue reading “How Uniswap [UNI] dominates Binance & Coinbase in terms of liquidity”