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Tag: Ethereum DeFi

“Scary” Fractal: It’s Only a Matter of Time Before Bitcoin Trades at $14,000 Again

Bitcoin’s recent price action has seen it fail time and time again to break into the $10,000s. Just recently, the cryptocurrency dove 4%...

Same Indicator That Predicted Bitcoin Rally Would Top at $10,500 Flips Bullish

On June 1st, Bitcoin surged just under $1,000 in mere hours, rallying from $9,500 to a high of $10,400. It was a move...

Bitcoin Price Looks Like a “Carbon Copy” of Gold, and That’s Bad for Bulls

Since the $8,600 lows seen at the start of the week, Bitcoin has mounted a strong comeback, recovering to ~$9,800.A growing number of...

Crypto Tidbits: $200M of Bitcoin Liquidated, Ethereum DeFi Adoption Limited, Bloomberg Is Bullish

Another week, another round of Crypto Tidbits.The past seven days have been volatile days for Bitcoin and other cryptocurrencies. The cryptocurrency on June...

We Are Near a “Plateau” for Ethereum DeFi Due to Latency Issues: Top Investor

Decentralized finance has rapidly become Ethereum’s “killer use case,” many analysts have recently said. DeFi, as the sub-sector is now known as, contains...

Ethereum DeFi Nears $1 Billion Milestone Again, and That’s Big for the ETH Bull Case

Ethereum’s budding decentralized finance (DeFi) ecosystem took a heavy beating after the March capitulation crash.As I detailed in an analysis for LongHash, what...

Ethereum Balance Held by Bitfinex: Now More than the Entire DeFi Market

Bitfinex Token Sales

Crypto exchange Bitfinex now holds more Ethereum (ETH) than the total value locked (TVL) in USD of ETH in the decentralized finance (DeFi) market. The platform is also increasing its exposure to Tether (USDT) with its balance of the stablecoin continuing to rise since mid-March 2020. Meanwhile, the Bitcoin (BTC) balance on Bitfinex has taken [...]

The post Ethereum Balance Held by Bitfinex: Now More than the Entire DeFi Market appeared first on Blockonomi.

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