SushiSwap

Matic, xDai (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise

The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin (BTC) price steadily climbed from a low of $43,537 on Feb. 28 to a high of $49,200 during today’s early trading hours.  As traders get excited about positive moves in the market and look to re-enter positions, the increasing …

Matic, xDai (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise Read More »

Here are 6 DEX tokens that have seen exponential growth in 2021

DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable easy access to the latest tokens and projects.  While there have been previous iterations of DEX user interfaces, such as IDEX or Etherdelta, it wasn’t until Uniswap launched that trading …

Here are 6 DEX tokens that have seen exponential growth in 2021 Read More »

Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021

Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing transaction costs on the Ethereum network.  While a lot of the focus in decentralized finance (DeFi) has been on the creation of a sprawling multichain ecosystem following the recent emergence …

Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021 Read More »

Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees

Major decentralized exchange SushiSwap is the latest to consider action to mitigate Ethereum’s extreme transaction fees, and it involves a potential port to the Solana blockchain. A proposal, which was posted to the SushiSwap forum on Feb. 22 under the codename ‘Bonsai,’ suggests building out the platform on the Solana ecosystem. The integration is intended to …

Solana-powered AMM Raydium proposes SushiSwap integration to reduce fees Read More »

DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs

Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher. Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI …

DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs Read More »

Exchange tokens benefit as centralized exchanges battle with DeFi platforms

Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally …

Exchange tokens benefit as centralized exchanges battle with DeFi platforms Read More »

Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch

As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to escape from high transaction fees on the Ethereum (ETH) network.  With more attention being paid to BSC, DeFi projects operating on the chain have also seen …

Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch Read More »

Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?

The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level. Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past …

Major correction for DeFi as Bitcoin rejected again above $40K: What’s next? Read More »

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion.  Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds. Some of the best-known …

Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come Read More »

Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops

Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by selling.  Data from Cointelegraph Markets and TradingView show a price increase of 4.14% for the …

Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops Read More »