Category: Price Watch

Ethereum has been hit hard by the recent market-wide downturn, with the retrace seen by the decentralized finance sector likely being the main suspect behind this weakness. The cryptocurrency rallied up towards $500 earlier this month, marking a massive extension of the uptrend that started in mid-March when it plummeted beneath $100. Over the past…

According to CryptoQuant CEO Ki Young Ju, Bitcoin whale inflows are decreasing. The drop in whale activity suggests high-net-worth investors are not currently selling large amounts of BTC. For decentralized finance (DeFi) tokens that have been underperforming, it could serve as a lifeline. In the past week, both major and small-cap DeFi tokens have struggled…

Decentralized exchange Uniswap has locked up a staggering $1.79 billion in total assets just two days after the launch of UNI, its native governance token. Uniswap shows who is boss As per data on DeFi Pulse, Uniswap liquidity pools now lock up over 2.4 million ETH alone, with other assets combining to make a total…

Bitcoin’s price action has done little to offer investors with insight into its mid-term trend, as the cryptocurrency has formed a massive trading range between $10,000 and $12,000 throughout the past few weeks. While zooming in and looking at BTC’s short-term trend, it does appear that the crypto is well-positioned to see some upside, as…