Markets
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…
January 27, 2021

Ethereum Transactions Rise as Price Trends in All-Time High Territory
Transactions on the Ethereum network continue to outpace Bitcoin’s as momentum for decentralised finance protocols snowballs. ETH is testing all-time highs, but has yet to double in price from its record, like BTC did. Highest Since 2017 Ethereum transactions are soaring near the high reached at the top of the 2017/2018 crypto rally, at around…
January 26, 2021

DeFi Tokens Outperform Amid Crypto Bull Market
As Ethereum pushed past an all-time, DeFi too, broke away from the rets of the crypto market. Defi tokens make up four f the top 10 gainers over the last seven days, and 10 of the top 25. The top DeFi gainer has been lending protocol Aave, up 35% over the last week. Decentralized exchange…
January 22, 2021

DeFi Tokens & ETH-Killers Lead a Risk-On Market in 2021
Just over 20 days into 2021, crypto markets have already seen years worth of price action in traditional market’s standards. Though it has been a volatile couple of weeks, there are some clear patterns emerging in the top performing large cap crypto-assets. Crypto-Asset (Ticker) Token Category YTD Return 7-Day Return Avalanche (AVX) Smart Contract Platform…
January 21, 2021

BTC & ETH Massively Outperform Crypto Hedge Funds in 2020
Sometimes “HODL” really is the best advice. Simply holding Bitcoin and Ether massively outperformed crypto hedge funds (along with the vast majority of non-crypto assets) in 2020. BTC kicked off 2020 at just under $3,700 and reached almost $19,400 by the end of November, a 425% increase. ETH started the year at around $130 and…
January 20, 2021

Ethereum Making ATHs Beyond Just the Price
It’s time to buy a fire suit, because ETH is super hot. As Ether makes headlines surging past its previous high, other less flashy metrics are also near records, signaling the Ethereum network is strengthening not just in price. ETH hit a new all-time high of $1439.33, topping the previous record of $1432.88 reached during…