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Bitcoin and other cryptocurrencies are regaining ground as they move up to retest the above resistance level.
Litecoin (LTC) Litecoin's price is currently squeezing past the crucial hurdle as it is trading within a bullish pennant formation. The latest ascent of 35% in March has formed a flagpole that is largely considered bullish.
While the broader market sentiment struggles with uncertainty, the Curve Dao coin price managed to hold above the $0.871 local support for the last three weeks. On March 3rd, the coin price rebounded from the aforementioned support with a bullish tweezer bottom candle indicating the buyers are accumulating at a higher rate.
MakerDAO and Aave saw notable gains, while Curve and Uniswap declined in terms of TVL in March. This article will discover how these and other DeFi protocols behaved in March.
As volumes soared across Curve and Uniswap amid USDC briefly losing its peg, liquidity providers have also raked in some serious cash.
Decentralized exchanges (DEXes) registered an exponential rise in trading activity in the last 24 hours after the collapse of Silicon Valley Bank (SVB) triggered FUD in the broader crypto market and depegged the USD Coin [USDC].
The fall of SVB has brought a shockwave to many investors in the crypto community. While major firms and large stablecoin issuers faced the heat, the DEX sector of the crypto space, managed to see growth.
Binance News: The world's largest crypto exchange by market share, Binance, has recently updated its Proof-of-Reserves (PoR) system to add 11 new cryptocurrencies. These include the likes of 1inch (1iNCH), Mask Network (MASK), Dogecoin (DOGE), and Curve DAO Token (CRV), among others.
Binance included additional 11 tokens in the Proof-of-Reserve (PoR) report. But, the community demands an audit.
Binance cryptocurrency exchange has included 11 more tokens in its proof-of-reserves report, taking the total number of assets in its system to 24, valued at over $63 billion.
The results have not been audited by any accounting firms.
A crypto analyst who nailed the end of the Bitcoin (BTC) bull market is naming one Ethereum (ETH)-based token that he says has the potential to explode.
The Curve community will vote to enable stablecoin pools which will use proper price oracle price feeds
Curve Finance and the adoption of its native token CRV have seen some resistance in the past couple of months. Nevertheless, CRV daily volume is seen to have peaked above the $1 billion mark in the past 24 hours, equating to an increase of as much as 897.23% and is showing no signs of stopping.
Stablecoins decentralized exchange Curve Finance [CRV] might have gained from the regulatory decision to stop BUSD minting. In light of the development, DeFi Llama revealed that the CRV registered $1.07 billion in the last 24 hours — the highest of the first 45 days in 2023.
Trading volume on decentralized finance platform Curve Finance (CRV) is going parabolic following news that Paxos will stop issuing Binance USD (BUSD). Curve Finance is a decentralized exchange (DEX) focused on stablecoins, and has some of the biggest liquidity pools available in DeFi.
According to DefiLlama, trading volume on decentralized finance platform Curve Finance rose 896.12% in the past 24 hours to over $1 billion. It was not only the highest for the platform this year, but also the third highest in history, behind only the collapse of FTX and the Magic Internet Money (MIM) drama.
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos' BUSD offering.
Curve DAO Token (CRV) caught the attention of crypto enthusiasts today. Despite a shakeout of the crypto market, accompanied by negative news, it was up by more than 14% at one point.
According to a report on DeFi blue chips by on-chain analytics firm OurNetwork, Curve Finance [CRV] remained the largest decentralized exchange (DEX) by total value locked (TVL), underlining that the protocol continued to be the top choice for liquidity providers.
The price of Curve Finance's CRV token has seen a significant increase, doubling in value since the beginning of the current bull cycle. Exchanging hands at $1.08 at press time, the alt's value has risen by 107% in the last 30 days, data from CoinMarketCap showed.
DeFi lending protocol Aave has revealed that it has eliminated the bad debt accumulated after a botched trade by Mango Markets hacker Avraham Eisenberg. Eisenberg was liquidated from his position on Aave following a botched trade, ending up with a loss of $10 million instead.
Aave has acquired 2.7 million CRV to clear a bad debt from last year. The bad debt was the result of a failed exploit orchestrated by Avraham Eisenberg.
The maneuver comes ahead of the activation of a major tech upgrade of the protocol called Aave v3.
