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Tag: content

Despite Cautiously Rising, On-Chain Data Says Bitcoin Is Due for a Steep Correction
The pioneer cryptocurrency continues trending upward despite mounting uncertainty in the market. While data shows Bitcoin has more room to go up, different metrics suggest that a correction may come b...

Cardano Looks Poised for Further Losses, On-Chain Metrics Show
The hype around Cardano’s staking rewards continues to fade, as multiple technical and on-chain metrics struggle to hold up inflated ADA prices. Bumpy Road Ahead of Cardano Cardano suffered a signif...

Uniswap Finally Launches UNI Token With Generous Community Allocation
Uniswap has announced a native governance token, UNI, which has become the most valuable DeFi token in just two hours. In one fell swoop, Uniswap has dismissed its “fair launch” competitors and i...

Bitcoin Still Undervalued Based on These On-Chain Indicators
Bitcoin price indicators equivalent to the price-to-earnings (PE) ratio for stocks point towards an uptrend, according to leading on-chain analysts. The growth in total mining hashrate is also setting...

MakerDAO’s Vote to Enrich Investors Puts DAI Stability at Risk
DAI is once again trading well above its desired $1 peg as MakerDAO governance voted to increase stability fees, forcing buyers to compete for DAI already in existence. Do or DAI Scenario MakerDAO’s...

Bitcoin Prepares to Break $11,000 Resistance, Ethereum Ready to Fall
Bitcoin looks ready to advance past $11,000 after a week of consolidation. Ethereum is projected to start falling again despite 10 days of slowly climbing prices. Bitcoin Ready for a Further Advance B...

bZx’s Third Exploit of 2020 Ends With $8 Million Lost
Less than two weeks after re-deploying on mainnet, bZx has been exploited for $8.1 million of LINK, ETH, and stablecoins. The incident caused the BZRX token to fall over 30%, as the value of the token...

Crypto.Com Has Launched a DeFi Exchange Based on Uniswap
Crypto.com has launched a DeFi swap service, which allows investors to trade their Ethereum-based ERC-20 tokens. Eight Coins Supported The app currently supports eight coins: Ethereum (ETH), Compound ...

Growing Bitcoin Hashrate Points to Further BTC Gains
Miners continue to ramp up their operations as BTC mining profitability remains high compared to other SHA-256 cryptocurrencies. Several other factors point to continued increases in the Bitcoin hashr...

Coinbase Lists yEarn Finance, YFI Pumps by 15%
Coinbase will list yEarn Finance‘s governance token YFI on Coinbase Pro with trading scheduled to begin Sept. 15. YFI prices rose by over $4,000, or 15%, following the announcement. yEarn Finance Ta...