Quick take: The supply of Yearn Finance (YFI) is 700 times lower than that of Bitcoin Like Bitcoin, YFI is valued at the $30k area with a current value of $32,300 The project has lately merged...
Quick take: The total value locked in DeFi has just hit a new all-time high of $23.12 Billion This value is attributed to both Ethereum and Bitcoin gaining value in the crypto markets At the same...
Quick take: The Open interest on Ethereum futures has just set a new all-time high of $2.21 Billion Ethereum has since broken the $700 price ceiling and looks ready to capture $750 The CME Group will...
Quick take: Zeus Capital believes that the SEC will go after Chainlink and its founder next Zeus Capital also questions Chainlink’s numerous partnerships and suggests that the project is a direct beneficiary of the Flash loan...
Quick summary: Ethereum 2.0 validators are currently earning 0.002792 ETH per day This is approximately $1.71 using an ETH value of $613 This translates to approximately 3.2% annual interest when compounded Ethereum has continued to trade...
Quick take: The value of Ethereum staked on the ETH2.0 deposit contract has hit $1B in value There is 1.54 Million Ethereum staked on ETH2.0 Ethereum deposits to the contract seem to be entering a plateau...
Quick take: 10.7% of Ethereum 2.0 validator deposits are from Kraken Coinbase and Bitfinex hold 5.8x more Ethereum than Kraken 2 crypto exchange could control 1/3 of the validators, 5 exchanges could control 1/2 of the...
Quick summary: Total Value Locked in DeFi recently breached $15B before dipping back to$14B levels The current total value locked stands at $14.66 Billion DeFi’s total value locked has a chance at breaching $20B before year’s...
Quick take: Binance Smart Chain has successfully integrated ChainLink decentralized oracle network on its mainnet as its recommended oracle solution Binance Smart Chain can now support an ecosystem of externally connected DeFi applications ChainLink’s price feeds...
Quick take: Ethereum’s correlation to Bitcoin had dropped to as low as 0.42 in late November Such levels were last seen in 2018 Ethereum’s correlation to Bitcoin has since increased to 0.75 This is an increment...
Quick take: The number of daily active Tron wallets hit an all-time high in November According to DappRadar, this figure exceeded 150k Tron’s total transaction volume in November was $578 million, a 13% decrease from October...
Quick take: The number ChainLink addresses holding 1k or more LINK has increased by 445 in one month Such accumulation by whales is usually a precursor to a price increment for any digital asset LINK is...