Curve DAO Crashes 40% over 30 Days in Rocky Market Downturn
The long-term outlook for Curve Finance's native token turns negative as it continues to slide down the market ladder.
Keep up with what's happening in the crypto world in real-time.
The long-term outlook for Curve Finance's native token turns negative as it continues to slide down the market ladder.
BitMEX Co-founder Arthur Hayes is encouraging crypto investors to maintain their conviction and stay committed to the ongoing bull market. What Happened: In his latest blog post titled “Left Curve,” Hayes urges investors not to succumb to the temptation of taking profits prematurely.
While certain traders take pride in their recent successes, the real crypto legends are those who adopted the "Left Curve" mindset during the bear market spanning from 2021 to 2023.
In his latest essay, Arthur Hayes, the former CEO of crypto exchange BitMEX, introduced a bold investment philosophy he calls the “Left Curve.” This strategy diverges sharply from traditional investment approaches typically adopted during bull markets in the crypto world.
"Barring a major surprise we should cut rates because we are now confident enough and increasingly confident about the disinflationary path in the euro area," Bank of France Governor Villeroy told CNBC's Karen Tso on Thursday.
The token's underperformance paints a challenging trajectory for its founder and the broader ecosystem.
The founder of the decentralized finance (DeFi) protocol Curve (CRV) reportedly stared at the prospect of getting liquidated as the altcoin market collapsed during the weekend. According to crypto reporter Colin Wu, Curve founder Michael Egorov faced liquidation in his lending positions after Curve's native asset dipped to $0.42.
The native token of the Curve ecosystem recorded a new all-time low in response to the latest market downturn.
The founder of the decentralized exchange Curve, Michael Egorov is close to being liquidated on his large borrowing positions after the price of CRV, the native cryptocurrency of the Curve platform, has dropped massively. This slump is indicative of wider problems in the cryptocurrency markets, which have experienced significant reductions after the Iran-Israel conflicts.
Curve founder faces liquidation as CRV falls to $0.42, mortgaging 371m CRV.
CRV has experienced a downturn after reaching new heights in the past month.
In an unprecedented turn of events within the cryptocurrency trading sphere, XSwap's EURS:FXD-Dollar trading pair has taken the market by storm,
Binance, renowned for its commitment to offering a wide array of digital assets for trading, revealed its decision to remove trading pairs for three specific tokens. This move comes as a result of meticulous reviews conducted by the exchange's team to ensure the optimal functioning of its platform and to align with market trends.
The token has dashed previously heightened hopes for a $1 peg, down 95% from its all time high price.
The native token of Curve DeFi protocol has demonstrated an impressive price movement over the past month.
The surge follows CRV's month-long waver at $0.5, igniting investor optimism for its ability to reach new heights.
The Surge coincides with the pre-launch of Curve Finance's one-way lending market, Llama Lend.
The introduction of lending contracts by Curve Finance opens up new avenues for arbitrage traders, presenting them with the opportunity to potentially secure substantial profits.
The Curve DAO token has struggled to break through its week-long level of $0.55 to $0.57, demonstrating its underperformance.
In a robust cryptocurrency market, with Bitcoin and Ethereum leading the charge, attention has turned to alternative currencies poised for significant growth. A seasoned technical analyst has identified six altcoins with the potential to surge up to 300% amidst the current bullish trend.
In what seems to have captured noteworthy interest across the cryptocurrency landscape, Michael Egrov, the founder of Curve Finance, deposited a whopping 2.5 million CRV to Binance, one of the world's leading cryptocurrency exchanges. This colossal transfer appears to have piqued the interest of crypto market enthusiasts globally, as the CRV token also dropped just
People are buying more cryptocurrencies again, and Bitcoin is at the forefront. But it's not just Bitcoin – other cryptocurrencies are also going up. This is because of several reasons hinting at big changes in how money works. Things are shifting from Bitcoin becoming more critical worldwide to new ways for regular folks to invest.
Curve Finance announced to its 358,100 followers on X (formerly Twitter) the presence of a fraudulent application on the Apple App Store that uses Curve Finance's logo.
Luno, the cryptocurrency investment app, has announced that it introduced three new virtual currencies to invest in that are frequently used by decentralized finance (DeFi) traders and investors.