Bitcoin price holds $26K as MKR, AAVE, RUNE and RNDR flash bullish signals
Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR.
Keep up with what's happening in the crypto world in real-time.
Bitcoin looks ready to start a relief rally and this could trigger interest in MKR, AAVE, RUNE and RNDR.
In a remarkable turn of events, Aave, a prominent cryptocurrency, has witnessed a substantial price surge of 9.29%, with its value soaring to $59.91. Simultaneously, the last 24 hours have seen its trading volume increase by a staggering 79.31%, now standing at $102,318,738.
On Saturday, September 16, the sentiment in the crypto market appeared mixed as investors exercised caution due to lingering concerns. Most major cryptocurrencies traded relatively flat, with Bitcoin seeing a slight gain from the previous day.
Aave's stablecoin GHO faces depegging challenges as traders exploit the carry trade, selling GHO for profit and leading to governance measures to restore stability.
In an audacious move, Base, the layer-2 network, is stepping into the future by launching non-custodial liquidity markets. This launch signifies a pivotal turn in decentralized finance, bringing with it a blend of innovation and automation.
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain.
Several cryptocurrency industry members have joined forces to launch a new advocacy group, according to a press release on Sept. 7. The new group, called the Tokenized Asset Coalition, aims to have real-world assets represented and circulating on blockchain networks.
Coinbase, Aave, and other key players in the crypto space have banded together to launch the Tokenized Asset Coalition. Besides revolutionizing financial inclusion, this Coalition aims to bring traditional finance (TradFi) investors on board by tokenizing real-world assets (RWAs).
Lending protocol Aave's stablecoin GHO has failed to reach its ideal dollar peg since its launch in mid-July.
It's a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development.
The Tokenized Asset Coalition, including Coinbase, Circle, Aave, Goldfinch, Credix, RWA.xyz, and Base, aims to bring traditional financial assets to public blockchains, as per The DeFiant.
While AAVE has maintained its bearish sentiment on the higher timeframes, its on-chain activities suggest that a bullish rebound can materialize soon.
Aave V3 loans surge - an event that could be linked to the introduction of sDAI and ETH borrow costs. As a result of the developments, demand for loans increased.
The daily chart saw a bearish structure emerge after AAVE fell below the $68.7 level on 31 July and this bearish bias remained unbroken thus far
On-chain analyst Ember widely referred to as a "giant whale," executed a strategic move that has sent ripples through the market.
Recent developments in the decentralized finance (DeFi) landscape reveal a significant shift in the liquidation dynamics of CRV on Aave V2.
The "smartestmoney.eth" address, operating under Ember's watchful eye, has orchestrated a series of strategic ETH to stETH transactions that have set the crypto community abuzz.
In a strategic move that promises to reshape the future of the Aave ecosystem, its vibrant community is eagerly preparing for a momentous “Treasury Proposal for RWA Allocation.” This landmark proposal, open for voting until August 25th, has the potential to usher in a new era for Aave by allocating a portion of its stablecoin reserves towards low-risk real-world assets (RWA) through the innovative Centrifuge Prime platform.
An early investor in AAVE has reportedly sold 12,500 AAVE tokens at a loss.
As the lending protocol recovers from the aftermath of Curve hack, Aave community members have approved a proposal to deploy its V3 iteration on Base.
AAVE extended its bearish momentum, with price dropping to the June low of $50.
In a recent and unsettling turn of events, the blockchain community is grappling with concerns surrounding the security integrity of the Aave Protocol's Earning Farm. A noteworthy security advisory has surfaced, prompting users to exercise caution and remain vigilant in light of potential vulnerabilities that could compromise their assets.
According to the report, a cluster of addresses commencing with the distinctive prefix "0x47Ab" has undergone liquidation through the utilization of the AAVE protocol.
Aave founder Stani Kulechov has brushed off concerns about the instability of the stablecoin GHO.