Markets
April 19, 2021

Ether Locked in DeFi at All-Time High After Market Crash
An all-time high of 11.2M Ether is locked in DeFi protocols, despite a weekend sell-off. Liquidations spiked, while tokens continue sliding. Locked Ether’s resilience may show that DeFi participants do not consider the recent drop in price to signal a long-term trend and thus are not unlocking their ETH in order to sell. Borrowers may also…
April 01, 2021

Filecoin Rallying The Most Among Largest Crypto Tokens
Filecoin’s token is soaring by the most in all of crypto. FIL has jumped 168% to $231 in the last week, the most among the top 100 tokens listed on CoinGecko. The project raised $52M in a presale and $205.8 million dollars in an ICO during the 2017 crypto boom only to largely fall off…
March 30, 2021

MOB Short Squeeze Has Traders Reminiscing GME Days
MobileCoin (MOB) is up more than five times in the last 48 hours after a trader was borrowing what was at one point $120k worth of the token per hour to short it, according to crypto influencer who goes by Donny Crypto on Twitter. MOB is the MobileCoin project’s token and is intended for use…
March 04, 2021

DeFi Rebounds After Bleak February
DeFi is regaining its footing in March after a market-wide plunge at the end of February. The DeFi Index Pulse is up 14% this week after dropping more than 20% in the last week of last month. Total value locked (TVL) too, is on the rise in March after a weeklong 20% tumble to $36B…
February 25, 2021

DeFi Tokens Correct Amid High Speculation
Having been some of the highest-performing assets in 2021, DeFi tokens experienced a sharp correction this week. The aggregate market crap in DeFi governance tokens managed to drop approximately 30% from $41 billion to $28 billion within three days. As of February 25, 2021 using IntoTheBlock’s DeFi Insights Although the market has recovered significantly over…
February 24, 2021

Non-Ethereum Based DeFi Tokens Show Resilience Amid Selloff
Non-Ethereum DeFi tokens are outperforming their Ethereum peers. Of the top 10 best-performing DeFi tokens with over $100M market capitalizations in the past seven days, six are non-Ethereum or cross-chain based and four exist solely on the Ethereum blockchain. On the flip side, looking at the 10 biggest DeFi losers of the last seven days…
February 23, 2021

DeFi Hit With Record Liquidations Amid Market Slump
DeFi is in its biggest market rout of the year and borrowers are feeling the pain. Liquidations in decentralized finance spiked to a record $133M in the past day, according to Debank data. $85.2M, or almost 78% of the liquidations, were on Compound. $13M, or 12%, has been shared between Aave V1 and Aave V2.…
February 17, 2021

Dissecting the Memenomics of Dogecoin
Another week, another wild, Elon Musk-tweet driven, Dogecoin gyration. The latest one has chart arrows pointing down. But beyond what’s behind the most recent swing, let’s look at what’s driving the whole pendulum: hype. Irrational speculative manias have been present as long as there have been markets; they’re a part of human nature. But at…
February 11, 2021

Aave Defies Expectations But May Be Getting Overheated
Aave continues to surpass expectations from an investment standpoint and in terms of progress in the underlying protocol, but on-chain data shows holders may be preparing to take profits. Aave recently achieved over $5 billion in total value locked, becoming only the second protocol to achieve this feat. Having nearly doubled in TVL within a…
February 08, 2021

ETH Futures Fears Fade As Tesla Adds $1.5B of BTC
It’s ETH futures time. Ether futures are now available on the Chicago Mercantile Exchange, the world’s largest derivatives exchange by volume, for the first time ever. Many thought the move would mark the top of the market, in the same way that CME futures marked the top for Bitcoin’s 2017 rally, but those fears have…