DeFi

Ethereum is the undisputed king of the market’s altcoins at the moment. However, where will it go next a month from now? Or, even a year from now? Well, a recent survey by Finder has predicted Ether’s long-term price movement. What’s more, it also forecasted a 10-year price target of over $50,000. The product comparisonContinue reading “Ethereum: ‘First mover,’ yes, but what does this mean for its projections”

Owing to the large institutional demand for cryptocurrencies that has propped up over the past few years, crypto asset managers have been devising ingenious channels through which to satiate this interest for crypto exposure. Bitwise, which is the world’s largest crypto index fund manager and already has multiple index funds dedicated to Bitcoin, Ethereum, andContinue reading “Bitwise CIO reveals why Polygon is an “obvious” choice for a single asset fund”

FOMO remains alive and well in the cryptocurrency world, with lesser-known tokens outperforming in recent times. Even compared to industry leaders Bitcoin and Ether. Here’s a recent report to further supplement this paradigm shift. Cryptocurrency exchange Okcoin published a report to highlight the rising demand for “younger” tokens amongst its customers. Okcoin witnessed a 450% increase in theContinue reading “Are institutions in 2021 increasing their appetite for risk in cryptos”

Uniswap’s price remained stagnated for quite some time in the past. The DeFi token shed more than 6% just a couple of weeks ago. However with the recent bullish developments, the flagship token has surged to more than 6% at the time of writing. UNI, the #13th ranked token was trading at the $27 mark.Continue reading “New milestone for Uniswap, but can it breach $30 again”

It’s not much of a surprise that the second most populous country in the world has an active cryptocurrency scene. But when it comes to the number of Indians holding crypto, finding the right answer might be harder than expected. Delving ‘Indo’ data Around mid-October, a number of major Indian news platforms published articles statingContinue reading “WazirX CEO trashes claim of 100 million Indians owning crypto”

2021 has been a year of both milestones and controversies for Tether [USDT]. In October, Tether crossed $70 billion in market cap, pushing it into the list of the market’s top five cryptocurrencies. And yet, with the Evergrande debt crisis and the CFTC’s scrutiny, the Hong Kong-based stablecoin had to deal with FUD about its holdingsContinue reading “Tether to test AML compliance platform after $41M penalty and FUD”

Over the past few weeks, DeFi tokens have been finding it hard to fare well. AAVE is evidently one such victim to the broader DeFi downtrend. In fact, after shedding more than 3% of its value in 24 hours, AAVE was trading at $310, before recovering somewhat at press time. More and more signs… TheContinue reading “Is a price uptrend already on AAVE’s cards”

The crypto-market is full of competition and the emergence of DeFi has only toughened the situation. However, Fantom has remained undeterred throughout the ups and downs of the last few months. As a result, it has created history for itself and its community. Fantom makes history… And not just once, but twice, in the sameContinue reading “Fantom crossing 100M transactions may just be the tip of the iceberg”

Uniswap’s price has remained stagnated for quite some time now. On the weekly window, the DeFi token shed more than 6%, while on the daily timeframe, the asset had already lost up to 3% of its value. This made UNI one among the few non-performing large-cap tokens of this week. At one point, Uniswap representedContinue reading “Here’s when to expect Uniswap to begin its journey to $30 and beyond”