Category: Altcoins
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Why VC heavyweights are throwing their weight behind Ethereum’s Aave (LEND)
The Ethereum decentralized finance space has been rife with innovation over recent months as developers attempt to attract the largest number of users and value of crypto assets. We’ve seen experiments like Yam Finance garner literal hundreds of millions of dollars worth of crypto into its contracts with coins like YFI for the Yearn.finance protocol…
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Tether migrating USDT to Ethereum scaling solutions is bearish for “ETH killers”: analyst
Ethereum has been fracing a transaction fee problem over recent weeks. According to ETH Gas Station, a data site tracking the cost of Ethereum transactions, the cost of gas has reached 100 Gwei, though this was as high as 350 Gwei last week. Transactions now are 900 percent more expensive than they were at the…
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Aragon Network (ANT) to soon launch “Phoenix” and “Firebird” phases
The next two phases for decentralized organization tools provider Aragon are set to launch soon, the firm said in a release. The next Aragon phase The Aragon Network was scheduled with a three-phase roadmap after its launch. So far, two phases have been successfully completed, with the Phase 3 now underway. And to ensure this…
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4chan’s Chainlink, Tendies picks made it the top “crypto fund” of 2020
A bunch of internet anons and their crypto picks have purportedly outperformed hedge funds in the crypto space, according to data by on-chain analytics firm Messari. 4chan’s /biz channel, the tongue-in-cheek go-to for trollers (and even the sane) for business and financial advice, has picked some top-performing altcoins this year. These include altcoins like Chainlink…
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Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare to see another token…
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This on-chain metric suggests Chainlink is ready to extend its uptrend
Chainlink has witnessed some intense volatility in recent days, with its strong macro uptrend stalling after it set fresh all-time highs of $20.00 earlier this week. Part of this recent strength has been fueled by an influx of publicity from mainstream media outlets that have covered the cryptocurrency’s meteoric rise, as well as attention from…
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Crypto Traders Discuss Whether Bitcoin Price Can Dip Below $10K Again
The price of Bitcoin may be entering an uncertain phase, as on-chain data says BTC traders have established $10,000 as a strong support level.
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Analyst: Chainlink Is Another Altcoin Bubble as Price Crashes 20% in 48 Hours
Chainlink is a bubble that is waiting to burst, and the token will eventually lose 99% of its value, according to crypto investor and analyst ‘Cryptowhale’. The warning comes as the price of Link tumbled 23% to $15.41 in 48 hours. Cryptowhale this week told his 28,000 Twitter followers that there are parallels with what…
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Tron is attempting to replicate the success of Ethereum’s Uniswap with “JustSwap”
Regular visitors to Crypto Twitter likely know of the image seen below. It shows Justin Sun, the entrepreneur-founder of the Tron (TRX) cryptocurrency project, standing beside a sign with the catchphrase “Dare to DeFi” at CoinDesk’s Consensus conference.
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Hard questions about Shelley answered on the Cardano Effect podcast
Three weeks in, everything is going smooth and according to plan for Cardano’s staking era. Now that the community has had enough time to get to know Shelley, the crew from the Cardano Effect podcast got together to provide a bit more detail about what the immediate future holds for Shelley and what the community…