Despite the BTC price crashing under $95k, the bullish trend in AAVE and UNI reflects a growing trajectory. These altcoins are preparing for the December rally with a breakout rally and a rounding bottom reversal.
Aave has experienced a strong upswing over the past month hiking by 24.52%
Aave (AAVE): Whales netflow surged by 1,000% this week as they accumulated AAVE, currently priced at approximately $182.95, partly due to interest following Donald Trumps recent election victory. Cardano (ADA): Whales purchased about 130 million ADA, raising the total holdings and boosting the price to around $0.43, with a 25.31% increase, reflecting confidence in ADAs growth potential.
AAVE is expected to see further declines from its current levels before stabilizing.
Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network.
The 30-day MVRV ratio for AAVE was at -4%. Hence, it could be deemed relatively cheap and a great buy at current prices.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.
TL;DR Curve Finance launches scrvUSD, a new stablecoin designed to offer low-risk returns and enhance the scalability of its underlying stablecoin, crvUSD. scrvUSD generates returns through lending and staking strategies, providing users with interest derived from yield-generating activities.
The DeFi platform Curve Finance has announced the launch of a new stablecoin called "Savings crvUSD" (scrvUSD).
Ensuring that decentralized finance platforms and networks do not remain siloed is a key hurdle for DeFi applications to overcome.
Turning a small amount into a fortune might seem like a dream, but some alternative cryptocurrencies could make it possible. With signs of major growth in the crypto world next year, certain lesser-known coins may soar.
Aave (AAVE) traders are positioning themselves for what could be a significant gain. Following a brief period of uncertainty after the recent U.S. election, AAVE has experienced a notable uptick in exchange outflows.
Digital coins continue to ride on Donald Trump's election victory, with the global cryptocurrency market cap challenging GDPs of nations like France and the UK. While Trump-themed tokens join Dogecoin's outperformance in the ongoing bull run, Bitcoin's jump towards $90,000 has triggered optimism in the entire altcoin market.
AAVE set for a short-term correction before a bullish run despite gradually rising outflows.
Bitcoin's strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.
Bitcoin's strong weekend rally above $81,000 may add more fuel to the current price action in ETH, SOL, SUI and AAVE.
Aave (AAVE), a prominent player in the decentralized finance (DeFi) sector, has made a remarkable comeback with an impressive 38.25% surge in just 24 hours. This spike in value comes amid a broader surge in DeFi token prices, which have seen substantial gains recently.
Buyers should expect further gains, but short-term liquidity pools could induce volatility soon.
Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.
Aave (AAVE) is a leading token in the decentralized finance (DeFi) space, widely recognized for its lending, borrowing, staking, liquidity pools, and flash loan features. As the DeFi ecosystem continues to evolve, AAVE remains an important asset, and its future price trajectory is of great interest to both investors and analysts.
A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven't seen on the timeline at all is EIGEN.
The DMI showed a strong uptrend in progress after the quick recent gains.
A fraudulent app impersonating Curve Finance has resurfaced on the Apple App Store, misleading users and causing massive financial losses despite previous removals, highlighting ongoing issues with app store security in the crypto space. The post Fake Curve Finance App Returns to App Store appeared first on Cryptonews.
A Curve Finance scam app resurfaced on Apple's App Store for the third time, continuing to deceive users with false claims of token swaps.
Despite repeated takedowns, the fake Curve Finance app has returned to Apple's App Store, with reports of user losses intensifying.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
AAVE price made a strong comeback this week, rising for two consecutive days, and moving to its highest level since April 18 2022 as sentiment in the crypto industry improved. It jumped to an intraday high of $185, a 255% increase from the lowest point this year.
AAVE, one of the leading decentralized finance (DeFi) tokens, is currently facing a period of heightened volatility as large investors—referred to as “whales”—are offloading significant amounts of their holdings. Recent transactions show major transfers to centralized exchanges like Binance, MEXC, and OKX, leading to concerns about a potential shift in market sentiment.
Bitcoin hit a new all-time high as U.S. election results send altcoins rallying.
After Donald Trump's U.S. election win, DeFi tokens like Aave and Uniswap experienced strong gains.
Aave, Uniswap and other decentralized finance tokens saw substantial gains following Donald Trump's victory in the U.S. election.
AAVE faces mounting selling pressure as whales offload holdings, raising concerns of a potential downtrend
AAVE, the governance token of the prominent lending protocol Aave, is experiencing downward pressure as large holders, or whales, initiated significant sell-offs early Tuesday.
Aave (AAVE) price has recently seen a sudden surge following a week of declines amid broader market corrections. The cryptocurrency now faces heightened volatility as the U.S. elections approach.
Amid the ongoing struggling cryptocurrency market, whales and institutions appear to be dumping Aave (AAVE) tokens.
Aave (AAVE) sank toward $130, while four whales unstaked their positions from the Aave vaults and sent the tokens to exchanges.
Aave is currently sailing turbulent waters as large whales appear to be selling off their holdings amid a period of downward pressure.
2025 will be TON's year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders.
2025 will be TON's year of DeFi, and it has collaborated with Curve Finance to support a competition to find early leaders.
The weekly market structure break six weeks ago was a sign of bullish intent, but the on-chain metrics weren't so.
A crypto investor's AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.
The next few days are crucial for determining the next chapter in AAVE's journey.
The rise in cbBTC on Aave has increased the share of recursively deposited USDC debt, putting users at risk of failure to repay their loans at the exit of USDC whales.
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.
The digital assets market experienced a significant surge in buying momentum on Tuesday, pushing Bitcoin well past $73,000. This uptrend has catalyzed notable increases in the altcoin market, with many tokens, including AAVE, indicating renewed momentum ahead of the much-anticipated Q4 2024 rally.
AAVE navigates a turbulent market, many are left wondering whether it can break through the critical resistance level at $165. Recent trends indicate that an upswing could be on the horizon, driven by a combination of technical indicators and on-chain metrics.
During Tuesday's U.S market session, the crypto market witnessed a surge in buying pressure as Bitcoin price rallied above $70,000. The AAVE price followed the bullish momentum along with most major altcoins, signaling renewed confidence in the Q4 bull run.