Curve (CRV) Climbs Up as Inflation Rate Drops to 6.35%
Curve DAO Token (CRV) has experienced a 10% increase in the past 24 hours following a reduction in its inflation rate to 6.35% on Monday.
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Curve DAO Token (CRV) has experienced a 10% increase in the past 24 hours following a reduction in its inflation rate to 6.35% on Monday.
The Curve DAO price rose for the second consecutive day after developers reduced the token emissions. Curve (CRV) token jumped to a high of $0.
Despite these gains, it is important to note that CRV is still far from its all-time high of $60.50, a peak it reached in August 2020.
TL;DR CRV Emissions Reduced: Curve Finance has reduced CRV token emissions for the fifth consecutive year, lowering the total supply to 2.09 billion, with 930 million tokens locked as veCRV. Sustainability Milestone: For the first time, Curve DAO earnings have exceeded CRV emissions, marking a significant step towards sustainability.
The high open interest amid negative funding rates suggests an increase in short positions.
Curve Finance's CRV token emissions reduced to 162.7 million annually, while Curve DAO earnings surpass emissions for the first time.
This move aims to encourage creators to see their projects through, but its impact on preventing rug pulls remains uncertain.
Memecoin creators now receive 0.5 SOL when the token reaches the bonding curve, whether or not they ever held the token of their creation.
Pump.fun is incentivizing memecoin creators to get their tokens off to a successful launch, but the jury's out whether it will stop bad actors from rugging their tokens early.
The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession.
This week, the crypto market witnessed a notable correction following the pioneer digital asset Bitcoin. From Monday's peak of $70000, the BTC price is 11.6% to trade at $61862, bolstering a fresh correction trend in most major altcoins.
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In this ongoing bearish market sentiment, the Curve DAO (CRV) is gaining massive attention from investors and traders due to a significant price surge. Amid this upward momentum, a whale caught moving notable CRV tokens from Binance, as reported by an on-chain analytic firm Lookonchain. Whale moves 5.
CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again.
Talking with crypto.news, Curve founder Michael Egorov argued that defi's ecosystem still holds the biggest value proposition over speculative trends like memecoins. During the 2021 peak, sometimes called crypto summer, decentralized finance took the driving seat.
A look at the day ahead in U.S. and global markets from Mike Dolan
The Cardano Foundation and CCRI release MiCA-compliant sustainability indicators in an effort to position Cardano ahead of the regulatory curve with a focus on energy efficiency and transparency.
The leading global crypto exchange, Binance, has announced the launch of a new CRV perpetual contract with up to 25x leverage. The announcement from the major cryptocurrency exchange seems to have sparked optimism in the Curve DAO Token (CRV) market.
Binance Futures announces the launch of USDC-margined CRV perpetual contracts with up to 25x leverage, enhancing trading choices and experiences.
CRV, the native token of stablecoin lending platform CurveDAO, is close to all-time lows again as the ecosystem attempts a recovery from a large liquidation event this month. Blockchain tracking firm Lookonchain reports that a whale deposited over $6 million worth of CRV to Binance, presumably to sell at a loss.
Michael Egorov, founder of Curve Finance (CRV), has offloaded $30 million worth of his not yet vested CRV tokens to Christian Catalini. This strategic transaction, which took place on June 13th, was aimed at averting market instability linked to potential large-scale liquidations of CRV tokens.
5thScape is becoming the go-to choice for mega returns, leaving Curve Dao and SENSO behind in June's top investments. Being developed on the Ethereum blockchain, 5thScape is a VR gaming platform with a rich selection of video games in the 3D VR genre.
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on an Ethereum-based low-cap altcoin while offering his insights on Bitcoin (BTC) and Curve DAO (CRV).