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Analysis

cryptocurrency May 24, 2022

Key Takeaways TRON’s DeFi ecosystem is soaring. It’s now the third-largest blockchain in total value locked terms, trailing only Ethereum and BNB Chain. The surge can likely be attributed to its new algorithmic stablecoin USDD, which has ballooned to $545 million on promises of 30% “risk-free” yields. TRON’s USDD employs a similar stabilization mechanism as […]

cryptocurrency May 24, 2022

Key Takeaways Crypto’s DeFi sector has been trading in a bear market for over a year, with many of its top projects falling over 80% from their all-time highs. MakerDAO, Aave, and Uniswap have been trading downwards over the period, despite retaining or improving fundamentals. The second-largest lending protocol, Compound, has lost 92.5% in value […]

cryptocurrency May 20, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet. The […]

cryptocurrency May 15, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Data from Santiment showed a dramatic increase in transaction volumes for Ethereum in the past two days. Moreover, the number of addresses at a loss on the Ethereum network reached a new ATH, which […]

cryptocurrency May 7, 2022

Key Takeaways Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain messaging protocol that lets smart contracts and decentralized applications living on different blockchains communicate with one another. Stargate is built as an open and […]

cryptocurrency April 28, 2022

Share this article URL Copied Advertisements The DEUS team said that user funds were safe.  DEUS Finance Suffers Flash Loan Exploit  DEUS Finance DAO is the latest DeFi protocol to suffer a major attack.  The multi-chain DeFi project, which runs on Ethereum, Fantom, BNB Chain, and a number of other Layer 1 networks, was targeted […]

cryptocurrency April 26, 2022

With Bitcoin clocking in a 4.65% 24-hour gain, at press time, domino effects are seen on multiple cryptos. To start with, Ethereum crossed above its 4-hour 20/50 EMA post its down-channel breakout. However, now it could see some roadblocks near its high liquidity range. Advertisements On the flip side, Fantom and PancakeSwap struggled to overturn […]

cryptocurrency April 20, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements As anticipated by a previous article, Ethereum (ETH) continued its low volatility phase near its Point of control (POC, red) that offered the highest liquidity in the last four months. Should the trading candlestick […]