Grayscale slams the gavel; AVAX & DOT join the family, SNX & SUSHI cast out

Though crypto is said to be decentralized, Grayscale’s recognition of crypto assets certainly help define the trajectories of coin or token prices. However, more than just new product additions, asset removals are also key in understanding what institutional investors want – or don’t want. No gray area here In a press release, Grayscale Investments shared … Read more

Yearn launches its first Ethereum layer-2 service on Arbitrum

Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a tweet from Yearn’s Twitter account, the veteran DeFi … Read more

These factors can bring stability for Yearn.Finance, going forward

Yearn.Finance is rising rapidly as it aims to recover the losses experienced over the month of December. In fact, its climb was so strong, it left behind some major altcoins. Yearn.Finance ahead of Ethereum and Solana YFI seems to be gaining prominence as it rose by over 43.46% in the last 72 hours, and is … Read more

Ethereum, MATIC, YFI Price Analysis : 09 June

While Bitcoin has been losing market dominance every week, Ethereum has been capitalizing on it, increasing its market share to a solid 18.9%. This week, Polygon (MATIC) was in the news regarding its upcoming project Aavegotchi which combines NFTs, DeFi, and DAOs. Sharing the spotlight was yearn.finance ( YFI ) as its developer talked about … Read more