Markets

Curve Picks up Mojo as Battle Breaks Out for its Red Hot Token

Curve Finance is on a roll. Both Yearn Finance and Convex Finance are making Curve Finance’s CRV token a key part of the foundation in their revenue models. Users who lock in CRV receive governance rights, trading fees from the automated market maker, and boosted rewards. Curve War The development is no small thing for …

Curve Picks up Mojo as Battle Breaks Out for its Red Hot Token Read More »

It’s a Most Welcome Rally, but is It Just a Dead-Cat Bounce?

After 14 days of mayhem in the crypto markets, DeFi investors have stopped hyperventilating.   Yes, it’s true that Ether lost more than half its value in the last two weeks, hitting $1,853 on May 23. That’s a pretty heavy drop even in the wild and woolly world of crypto. Then it jumped 40% to $2,591 …

It’s a Most Welcome Rally, but is It Just a Dead-Cat Bounce? Read More »

Crypto Makes First Attempt to Recover After Worst Bloodbath in Over a Year

It’s bad out there — in the past 24 hours Bitcoin plunged as much as 30%, while Ether fell as much as 44%, crypto exchanges were down, price tracking websites collapsed, China crackdown news flashed, crypto Twitter panic ensued. All in all, a classic crypto sell-off. But there are signs the market is starting to …

Crypto Makes First Attempt to Recover After Worst Bloodbath in Over a Year Read More »

Crypto Market Downturn Mostly Shakes Out Short-Term Bitcoin Traders

It’s been a rough week for the crypto market̶ and it appears to be at the hands of “n00bs.”  Ethereum’s ETH is down 15% from its all-time high of $4,356 on May 12, trading just above $3,300 at the time of writing. And Bitcoin has been hit especially hard with a 25% loss over the …

Crypto Market Downturn Mostly Shakes Out Short-Term Bitcoin Traders Read More »

Eco-Friendly Chia Network Gets Elon Musk Boost

The Chia network and its XCH cryptocurrency got a boost from Elon Musk’s recent lambasting of Bitcoin’s energy consumption.  Last week, Chia was trending on Twitter and in the five days since May 12  ̶ when Musk tweeted that he would no longer be accepting Bitcoin as a payment mechanism for Teslas because of Bitcoin’s …

Eco-Friendly Chia Network Gets Elon Musk Boost Read More »