AAVE’s V3 to offer more flexibility for users AAVE witnesses some demand from top whales in anticipation of the rollout The Aave Protocol and its community are currently preparing for the rollout of the Aave Protocol V3. The latter will particularly target the Ethereum [ETH] market, where it might be a big deal. A recent … Read more
AAVE witnesses renewed interest from whales However, lack of demand may dampen the state of AAVE in the long run In the first half of November, AAVE crashed to sub-$60 price levels. Its performance last week indicated a low demand of enough bullish momentum for a sizable recovery. However, that observation might be about to … Read more
AAVE suspends ETH borrowing as the risk of high utilization leading up to the Merge could affect ETH liquidity. The DeFi protocol’s community voted between Aug. 30, 2022, and Sep. 2, 2022, to pause ETH lending to protect the protocol from risks associated with excessive borrowing. According to research firm Block Analitica, suspending loans will … Read more
As the Bitcoin fear and greed index saw an 11 point surge, the crypto market entered a green zone in the last 24 hours. Ether saw a nearly 4% 24-hour gain that helped it cross the 20-SMA barrier. After Elon’s tweet, Dogecoin jumped to reclaim the $0.145-mark. Also, Aave’s 4-hour RSI saw a patterned breakout … Read more
Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for a … Read more
The broader crypto market signaled a revival trend as it shifted into its inherent state of volatility. As a result, Ethereum and AAVE registered over 6% gains on their daily charts. On the other hand, Shiba Inu defied the market inclination by witnessing an 8.5% 24-hour loss. Ethereum (ETH) Source: TradingView, ETH/USDT After striking its … Read more
The crypto space has been witnessing a series of organic ecosystem-centric developments of late. It started with Bitcoin’s Taproot upgrade in June and was followed by Ethereum’s most recent London hardfork, and Tezos’ Granada upgrade. Additionally, Litecoin’s MimbleWimble upgrade that has been under development for quite a while witnessed some major code changes recently and Cardano … Read more
Stablecoins have been integral to the crypto-industry for the past two bull cycles, with their role in injecting liquidity very understated. Stablecoins’ utility is evident in other aspects of the industry too, with DeFi sharing an interoperable relationship with stable assets. However, the role of these stablecoins changed over the past few months, especially when … Read more
Altcoins cashed in on Bitcoin’s positive movement and made gains as well. Some, more than others, grew out of their bearish momentum and seemed to be headed towards a possible rally. Is buying altcoins the right decision? Which are coins presently rallying or might rally? and how far will they go? Altcoin Market Since the … Read more
Altcoins like ETH, MATIC, and AAVE began to consolidate after a brief market crash on 18 June, when Bitcoin’s price fell by 3.55%. The altcoins lost over 10% of their valuations. As bullish momentum crept in, AAVE saw a slight price increase. Meanwhile, ETH saw renewed buying pressure and MATIC saw an increase in buying … Read more
