In summary: Timothy Peterson has valued ChainLink (LINK) at between $5 – $8 His analysis is based on LINK function calls and network use This value should not be considered financial advice and is a measure...
Quick take: Tron investors have locked approximately 6.5 Billion TRON in Sun Genesis Mining This translates to approximately $210 Million The value of TRX has gained positively since Sun Mining was launched The popularity of the...
Quick take: The total value locked in DeFi has dropped by 22% from its peak of $9.512 Billion The drop coincides with the recent crypto market sell-off that hit DeFi tokens hardest Additionally, the SushiSwap debacle...
Quick take: The founder of Sushi Swap, Chef Nomi, sold all his SUSHI in what many believe was an exit strategy Chef Nomi has been compared to Charlie Lee of Litecoin (LTC) Despite the heavy backlash,...
Quick take: Bitcoin’s drop from $12k to $10k levels has affected DeFi tokens the most Popular tokens such as LINK, LEND, YFI, COMP and more are experiencing double-digit losses However, crypto exchanges such as Binance and...
Uniswap, the automatic market-making and decentralized trading platform on Ethereum has now reclaimed its position as the most popular DeFi Dapp following a dramatic market sell-off. Uniswap Reclaims the Top Spot Uniswap had previously lost its...
In summary: Justin Sun has hinted of launching a wrapped version of Bitcoin on the Tron network Such a move would bring Bitcoin’s value to Tron’s DeFi ecosystem Furthermore, it would capitalize on the efficiency of...
Quick take: ChainLink’s free fall has been abated by the 50-day moving average Traders are still selling their LINK but a bounce could be in the making with the weekend only hours away Corrections such as...
Quick take: Tron has proven immune to the ongoing crypto market selloff TRX has broken $0.04, a value last tested in June 2019 Tron (TRX) has edged out EOS on Coinmarketcap Tron’s bullish climb is as...
Quick take: The team at Zilliqa (ZIL) has hinted that the project will soon venture into DeFi This includes gZIL farming and ZILSwap to be launched soon Furthermore, Zilliqa could possibly host another decentralized exchange The...
In brief: Ethereum miners are earning an average of $800,000 per hour This value is up from yesterday’s peak of $500,000 High Ethereum network activity due to DeFi has led to a steady increment in ETH...
Quick take: Ethereum gas fees are at a record high This has resulted in many exchanges going at a loss with each withdrawal of ETH CZ has estimated exchanges are losing $10 – $20 with each...