Yearn Finance, the DeFi coin that was the first to flippen the Bitcoin price a few weeks ago, bounced back as stock markets and crypto markets let out a sigh of relief yesterday. With a current gain percentage of 34 over the past 24 hours according to CoinMarketCap, it looks like there never was any […]
Africa is embracing cryptocurrency apparently, with South Africa, Kenya and Nigeria as the leading users. The weakness of the dollar and a fall in oil prices coupled with growing trade with China has resulted in a spike of Bitcoin usage. Now here’s the kicker, in Nigeria especially Bitcoin is not being used for speculation, but as an […]
As the long Labor Day weekend drew to an end in the US, investors reacted to a fall in Silicon Valley’s tech stock values which dragged markets further down. The tech-laden Nasdaq fell another 4% yesterday.Bitcoin tried desperately to defend it’s $10,000 level.Hence the question: will the fall for crypto and worldwide markets turn into a correction […]
The aftermath of the Sushi debacle continues to create ripples in the crypto sphere. This time round it was Ethereum founder Vitalik Buterin who once again (first time was on August 14th already) sounded the alarm on all things DeFi, Yield Farming and food coins.As a reminder, Sushi, the now infamous DeFi coin, rose to […]
The number of messages showing up on social media asking what a Polkadot is have been swift and widespread. Given that the coin was only released to the market on August 20th and is already breaching the CoinMarketCap’s top 10 (and looks set to remain there) during what was a brutal first week of September for […]
What a year it’s been already. We started with Australian bush fires in January (which everyone assumed would be the top story this year) over to a global pandemic, BLM protests worldwide, riots and looting in the US, a global stock market crash followed by a rise, murder hornets… in all, it was just too […]
As Bitcoin continues its battle with the $10k level today, analysts claim that no one should be surprised by the timing of the current correction because September and crypto have a tough love affair. Others say that referring to the old stock market adage of “sell in May and go away” would have made sure […]
As Chainlink traded near $20 about a month ago (all time high was reached on 16 August, and a flash crash came two days later) and had by then taken the 5th place in the CoinMarketCap ranking, the Chainlink Marines were stating Semper Fi (always faithful) when asked about their favorite crypto. Having descended near 40% since then, […]
The massive selloff this week in the crypto world hit the best known cryptocoins like Bitcoin and Ethereum with a 20% loss. For a regular stock market trader, this may seem like a severe crash, but for those accustomed to the wild swings of the crypto market, so far this is a mere blip in […]
As Bitcoin hovers near the $10,000 threshold after it broke through $12,000 earlier in the week and Ethereum neared $350 rather than break through the $500 level, some in the crypto scene are panicked as others wonder whether a buying opportunity is presenting itself.There is ample discussion in the markets at the moment whether the […]
