In summary: Friday, August 21st, saw LINK trade as low as $12.85 – Binance rate. This was a 36% drop from its all-time high value of $20.30. On the same day, Barstool Sports’ Dave Portnoy revealed...
In brief: Uniswap has edged out Tether (USDT) in terms of ETH gas consumption. In the last 30 days, traders on Uniswap V2 have paid $6.99M in ETH fees. The popularity of DeFi is one reason...
In summary: Yam Finance successfully migrated to YAMv2 on August 22nd at 4:20 pm UTC. The move comes after a bug was discovered in the first iteration of the DeFi platform. The discovery of a rebasing...
In summary: The team at ChainLink has launched a virtual hackathon. It will happen between September 7th and the 27th this year. Developers are invited to build smart contract applications in DeFi, NFT, Gaming and more...
In summary: A recent analysis by Timothy Peterson shows that LINK’s price is correlated with ETH Gas cost According to his analysis, the value of ChainLink follows the fluctuations of ETH gas fees At the time...
Quick take: Ethereum’s correlation with Bitcoin has started to increase once again. In late June and July, ETH looked set to break away from Bitcoin’s influence due to the DeFi boom and investors anticipating ETH 2.0. ...
Quick take: Binance has launched a DeFi composite Index perpetual contract The DEFI/USDT index will go live on the 28th of August, 7 am UTC The index is made up of 10 DeFi tokens: BAND, COMP,...
Quick summary: Tether’s daily trade volume has eclipsed Bitcoin’s. Similarly, Tether’s 7-day average transfer value has flippened BTC’s. USDT’s market cap has now hit $13 Billion hinting that Tether could eventually edge out Ethereum This year,...
In summary: Crypto Memelord, CryptoChimp, has done what he does best by creating LINK Marine memes Dave Portnoy has also contributed to the meme pool with his very own geared towards saving the ChainLink community Crypto...
In summary: Zeus Capital has requested LINK investors to exit their positions or risk losing it all Zeus Capital still maintains ChainLink (LINK) is vaporware The team has released a new report analyzing the attempt to...
Quick take: DeFi monthly active users have hit a new milestone of 292,000 in the month of August This is according to the team at Zapper.fi Furthermore, weekly active users have peaked at 99,686 Daily active...
In summary: Arthur Hayes has boldly predicted that Yearn Finance (YFI) will hit $100,000 He made his prediction twice after YFI broke $27k and $32k YFI’s price is following a parabolic trajectory with no clear indication...