After being listed on multiple major exchanges a few weeks after its debut, yearn.finance (YFI) has certainly grabbed the attention of DeFi enthusiasts as it rose a thousand percent within…
Unlike the traditional financial system where almost-zero interest rates are being offered to investors, the exuberant annual percentage yields (APY) offered by many DeFi projects are what brought investors to…
Crypto experts have been cautious about the DeFi craze and the too-good-to-be-true rewards DeFi projects are offering one after the other, voicing their concerns over the crypto community going ‘too…
Last night we witnessed dumps across the board from equities to gold as well as the cryptocurrency market in the wake of the US dollar’s appreciation.
The SCN30 Index has fallen…
The crypto market saw some bullish movements last night led by Ethereum (ETH), which caused the SCN30 Index to increase by 42.59 points, breaking above 300 points for the first…
The Federal Reserve or Fed has announced an “average inflation targeting” plan to drive the annual inflation rate above the standard 2% mark, which will keep interest rates close to…
Bitcoin has fallen down to the $11,000 after the Fed’s Chair Jerome Powell’s speech on Thursday signaling more stimulus to the economy is on the way. Since the swing-low, Bitcoin…
Significant participation of institutional players in the crypto market this year has accelerated the growth of digital assets by 300% in the past year. Crypto derivatives trading heavyweights such as…
The so-called safe-haven assets such as gold and Bitcoin were under heavy selling pressure last night as the US Federal Reserve (Fed) announced new shifts in policies.
Fed Chair Jerome Powell’s…
All eyes are on the COVID-19 vaccine’s development resulting in a slowdown of gains for hedging assets such as gold and Bitcoin. Despite this, decentralized finance (DeFi) tokens continue to…