Search results for: compound

Even as billions of dollars were poured into the DeFi space over the past year, the industry continues to be plagued with regular exploits and hacks. Most recently, one of DeFi’s biggest lending and borrowing protocols, Compound Finance, fell victim to a bug that could potentially cost the company millions of dollars. The interest rateContinue reading “Bug-induced ‘discrepancies’ found in Compound Finance token distribution update”

Tezos secured double-digit gains as the coin rallied over the last 24 hours and approached its one-week high. IOTA appreciated by 6.3% and broke above its immediate support line. Finally, Compound gained by 5.1% despite its buying pressure struggling to revive itself.  Tezos [XTZ] Tezos rallied by 15.7% over the last 24 hours and wasContinue reading “Tezos, IOTA, Compound Price Analysis: 23 September”

With Bitcoin’s price recovering slightly and standing above $46k at press time, many altcoins rebounded on the charts. DASH appreciated by 4.9% and successfully managed to trade above its month-low price point. Compound rose by 4.8% while eyeing a break over its one-week low price of $456.76. On the contrary, Monero lost 4.3% of itsContinue reading “Monero, DASH, Compound Price Analysis: 09 September”

Ethereum struggled to reclaim the $4000 mark as the coin traded sideways over the past few days. It stood close to its immediate price floor of $3715.04. Altcoins such as IOTA and Compound that have rallied since the beginning of the month, met with a pause as they declined briefly on their respective charts. IOTAContinue reading “Ethereum, IOTA, Compound Price Analysis: 07 September”

Bitcoin’s price action has remained choppy around the 50k level over the past week. Certain altcoins, however, did not immediately reflect an uptrend. TRX fell by 2.5% and inched closer to its support line of $0.958, Compound also declined by 2.3% and prepared to fall to $393.07. Finally, MATIC flashed consolidation while logging in gainsContinue reading “TRON, MATIC, Compound Price Analysis: 04 September”

Altcoin prices have descended of late, with some cryptos including Cardano struggling to hold themselves from falling through vital support levels. ATOM’s fall in price pushed its market cap down by 5.23% and finally, COMP registered low market volatility on the charts. Cardano [ADA] ADA recorded a marginal fall of 0.9% over the last 24Continue reading “Cardano, Cosmos, Compound Price Analysis: 17 July”

Bitcoin was at the front and center of yet another correction in the altcoin market after the market leader declined towards $35,000. Alts such as EOS, Synthetix, and Compound met with additional selling pressure and looked to revisit levels last seen in January. EOS At the time of writing, the market’s bears were attempting toContinue reading “EOS, Synthetix, Compound Price Analysis: 12 June”

EOS was waiting for an upwards price swing, but its movement largely hinged on a break above $7.12, at press time. Basic Attention Token was projected to remain below $1 over the short-mid term while Compound could revisit $331 in case of a breakdown from its press time support level. EOS A declining ADX andContinue reading “EOS, Basic Attention Token, Compound Price Analysis: 05 June”

An altcoin race is well and truly on after buyers provided a fresh round of impetus in the global cryptocurrency market. Altcoins such as Tezos, IOTA, and Compound each saw a jump of over 15% and aimed to flip certain resistance areas to extend their gains. Tezos [XTZ] Tezos’s downfall was cut short at theContinue reading “Tezos, IOTA, Compound Price Analysis: 24 May”

Bitcoin’s dominance was below 50% and this was unique to the current bull run. Though Ethereum’s market capitalization was above 15%, top altcoins, which rank in top 50, experienced a price surge, leading to an increase in the market cap. This drop in Bitcoin’s dominance was key to the boost in price of SOL, COMP,Continue reading “Watch out for these signs with these alts – Solana, Compound, Dent, Maker and Sushiswap”

Dogecoin is not the only altcoin that has rallied offering double-digit gains, nearing a 100% in the current alt season. Top DeFi tokens have offered double-digit gains in the past two days. LUNA and CAKE have offered 16% and 13% gains respectively. The price for top DeFi tokens has increased consistently despite several price corrections.Continue reading “CAKE, Maker, Compound: Why top DeFi tokens have offered double digit gains in the past two days”

The cryptocurrency market was noting a period of consolidation after a massive fall on the charts, at press time. Altcoins like Binance Coin [BNB], Compound [COMP], and Klaytn [KLAY] were also trying to stabilize their prices. However, this volatility had flipped trends in many markets, including the aforementioned altcoins. Binance Coin [BNB] Binance Coin’s priceContinue reading “Binance Coin, Compound, Klaytn Price Analysis: 24 April”